(Senior) Environmental & Social Development Specialist
Lead E&S risk management for FI-related projects in emerging markets.
Overview
Lead E&S risk management for FI-related projects in emerging markets.
You have:
- Master's degree in environmental, social-development, or related field with at least ten years of experience in E&S risk management.
- Ph.D. in environmental, social-development, or related field with at least eight years of experience in E&S risk management.
- Experience in the private sector across different industry sectors is desired.
- Experience working with E&S Policies and Standards, and familiarity with IFC Performance Standards is preferred.
- Working experience in emerging markets is an advantage, especially in fragile and conflict-affected environments.
- Strong analytical skills and ability to synthesize diverse information sources and develop solutions in tense situations.
- Demonstrated ability to adapt, organize and prioritize deliverables while maintaining attention to detail.
- Proficiency in English is essential; other language skills (French, Portuguese, Spanish) are a plus.
- Excellent interpersonal, communication and negotiation skills are needed to effectively interact with a range of stakeholders.
- Ability to work effectively in multi-disciplinary and multi-cultural teams and influence discussions.
- Exemplary project management skills and ability to manage multiple tasks under tight deadlines.
- High personal integrity and emotional intelligence to handle sensitive matters discreetly.
- Diplomatic approach and calm under pressure is necessary.
Contract
This is a World Bank Group grade: GG contract. More about World Bank Group grade: GG contracts.
(Senior) Environmental & Social Development Specialist
Description
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, visit www.ifc.org.
IFC is looking for a dynamic, motivated, and detail-oriented (Senior) Environmental & Social (E&S) Specialist to lead and to provide support to Financial Intermediary (FI)-related transactions assigned to “Global” or “World Region” region. This professional will be a senior member of the E&S Global Support team in E&S Policy and Risk Department (CES), providing guidance to clients and IFC’s investment and advisory teams on E&S risk management in FIs across regions, in alignment with IFC’s Sustainability Policy and Performance Standards, with the aim of enhancing E&S outcomes of IFC’s investments and advisory mandates.
This position will report to CES Chief E&S Specialist.
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.
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
• A master’s degree in an environmental, social-development, or other relevant discipline with at least ten years of experience working on E&S risk management in the international context, with a strong preference for a robust experience in the financial sector and FI-related transactions.
• Alternatively, a Ph.D. in an environmental, social-development, or related field with at least eight years of experience working on E&S risk management in the international context. Must also have robust experience in the financial sector and FI-related transactions.
• Experience in the private sector working across different industry sectors is desired.
• Experience working with E&S Policies and Standards, international financial institutions (IFI), and demonstrated familiarity with IFC Performance Standards are preferred.
• Working experience in emerging markets is an advantage, especially in fragile and conflict-affected environments.
• Willingness to travel regularly in emerging market countries.
• Strong analytical skills, ability to think strategically, analyze and synthesize diverse information sources, draw conclusions from sometimes limited data, and develop solutions in potentially tense or conflicting situations.
• Demonstrated ability to adapt to changing circumstances, organize and prioritize deliverables, and maintain attention to detail.
• Proficiency in English is essential. Other language skills is a plus (French, Portuguese, Spanish...).
• Excellent interpersonal, communication and negotiation skills, including the ability to communicate persuasively with a wide range of internal and external parties (including senior staff, management, IFC’s accountability mechanism, and clients) and present E&S risks and management solutions in a manner that non-experts can understand.
• Ability to work effectively as a multi-disciplinary and multi-cultural team member, influence and negotiate points of view within teams.
• Exemplary project management skills and ability to manage multiple tasks simultaneously under tight deadlines.
• High personal integrity and emotional intelligence, with demonstrated ability to handle sensitive matters in a discreet and respectful manner.
• Diplomatic approach and calm under pressure.
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.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.
Potential interview questions
| Can you describe a challenging E&S risk situation you managed and what steps you took? | This assesses your problem-solving and risk management capability. | Provide a clear example detailing the situation, your actions, and the outcome. |
| How do you ensure compliance with E&S requirements from clients? | The interviewer is interested in your approach to compliance and client interactions. | Pro members can see the explanation. |
| Describe a time when you built capacity in E&S risk management within a client organization. | Pro members can see the explanation. | Pro members can see the explanation. |
| What methods do you use to analyze systemic issues within E&S risk management? | Pro members can see the explanation. | Pro members can see the explanation. |
| How do you mentor junior staff in E&S risk management? | Pro members can see the explanation. | Pro members can see the explanation. |