The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 109 approved members worldwide. We are capitalized up to USD100 billion and Triple-A-rated by the major international credit rating agencies. Working with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
The Sustainability and Fiduciary Solutions Department (SFD) contributes to AIIB’s commitment to sustainable development through the implementation of its sustainability and fiduciary governance policies in projects that it finances. SFD performs operational compliance management in respect of the Environment and Social Framework (ESF), Paris alignment commitment, Procurement Policy, and Financial Management Guidance. Building on the implementation lessons learnt, emerging best practices as well as evolving requirements of clients, SFD specialists actively engage in innovation, development and continual enhancement of AIIB’s sustainability and fiduciary policies, directives and guidance so that the Bank financed projects result in meaningful outcomes and impacts. In addition, SFD collaborates with other business units on the corporate agenda pertaining to environmental and social sustainability, operational procurement, and financial management.
The (Senior) Social Development Specialist – Labor will be primarily responsible for integrating environmental and social dimensions into the work of the AIIB, particularly labor and working conditions (LWC), recognizing the importance of this issue in the development of sustainable infrastructure. The position involves activities to:
(i) address the environmental and social dimensions of policies, programs, projects, technical assistance, and training; and
(ii) provide LWC-focused transaction support and manage the environmental and social risks and impacts associated with investment projects against the requirements of AIIB’s Environmental and Social Policy (ESP).
Operational Support
Participate in the identification, appraisal, design and implementation of investment programs and projects to evaluate environmental and social sustainability and support clients in carrying out environmental and social assessments.
Manage the environmental and social risks and impacts associated with investment projects, both Sovereign-backed Financings (SBF) and Non-sovereign-backed Financings (NSBF) including financial intermediaries (FI) Projects, against the requirements of AIIB’s ESP. More specifically, this responsibility includes:
The (Senior) Social Development Specialist – Labor must have proven ability to carry out complex tasks as part of multi-disciplinary teams, capacity to work under pressure to meet strict deadlines; and ability to work with Project Teams, Clients and key stakeholders on managing environmental and social risks and impacts.