(Senior) Environmental & Social Development Specialist
JOB DETAIL
Description
Duties and Accountabilities:
Early Screening, Due Diligence, Portfolio supervision
• Lead or contribute to review of E&S issues/risks in new investments and select advisory engagements with financial sector clients (including Banks, Funds, NBFIs, and Micro Finance Institutions), and identification and development of risk mitigation measures and value-add solutions, including through transaction structuring, that support clients in addressing identified issues throughout IFC’s project cycle.
• Clear and proactive guidance to IFC investment teams on E&S risk management in project decision-making and processing throughout the investment cycle.
• Support FI clients in developing and implementing their Environmental and Social Management Systems (ESMS).
• Proactively monitor portfolio clients and engage with clients and investment departments to promote client compliance with contractual E&S requirements. Clearly document and communicate any outstanding or emerging gaps between client performance and IFC requirements, and related risks to IFC.
• In coordination with industry and ESG advisory teams, build capacity with clients on E&S risk management issues, including clients’ monitoring and evaluation of E&S activities and outcomes.
• Contribute to portfolio analysis to identify systemic issues and assess trends, including any issues of a policy nature, and propose policy adjustments as needed.
• Contribute to regional supervision program reviews and periodic reports.
Upstream and Advisory Services
• On the basis of new business processing experience and portfolio analysis, help identify systemic bottlenecks existing in the financial sector that prevent adequate E&S risk management in key regional markets. In collaboration with Upstream officers and advisory teams, help develop upstream activities.
• Work proactively to identify opportunities for advisory engagements that result in greater development impact and value for the client; provide expert input into IFC advisory offerings.
• Participate in strategic decision-making (as needed) regarding IFC’s role in advisory support to enhance E&S risk management. Where relevant, support the development of appropriate solutions.
Knowledge Management
• Participate in cross-regional and global teams responsible for the preparation of policy interpretation notes on E&S topics and contribute to the corporate knowledge base by analyzing and disseminating lessons learned from project work.
• Participate in forums or conferences to showcase IFC experience, approach, and value proposition (which includes serving as a panelist or moderator for internal and external events).
• Prepare management briefs of relevant E&S matters.
• In coordination with the regional team lead, provide guidance/mentor junior staff and Short-Term Consultants (STCs) working on E&S risk management and supervise the timeliness and quality of their work.
• Provide training to FI clients on IFC E&S requirements and Performance Standards.
Selection Criteria
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
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