Location:

Washington DC, United States
Salary:

negotiable / YEAR
Job type:

FULL_TIME
Posted:

2 weeks ago
Category:

Audit and Oversight, Evaluation, Management and Strategy
Deadline:

02/05/2024

JOB DESCRIPTION

Social Risk Management Operations Senior Associate

Washington DC

The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.

About this position

We are looking for an experienced Social Risk Management Operations Specialist/Senior Associate. As a Social Risk Management Operations Specialist, you will complement a team of environmental and social operations professionals by: (i) performing quality assurance and risk review of IDB-financed operations in preparation focusing on enhancing the management of social risks to improve their development effectiveness and sustainability; (ii) providing technical expertise and generating knowledge in social risk identification, management, and reporting throughout the project life cycle; and (iii) leading the delivery of assigned portfolio monitoring and risk dynamics analyses for risk reporting and awareness.

You will work in the Environmental and Social Risk Management Unit within the Office of Risk Management. This Unit is responsible for: (i) monitoring climate, disaster, environmental, social, and governance risks in the IDB-financed projects; (ii) conducting quality assurance and risk reviews of the socio-environmental risk management solutions of IDB-financed operations throughout the project cycle, with greater attention on high and substantial risk operations; (iii) managing and reporting information on the socio-environmental risk exposure of the IDB portfolio; and (iv) transferring lessons learned to relevant stakeholders, and contributing to the development of training, accreditation, and technical guidance related to socio-environmental risk management. The Office of Risk Management facilitates the understanding, mitigation, and control of risks across the organization to optimize the use of the Bank’s capital and financial resources, to maintain its AAA-rating, and to ensure the Bank follows good international operational risk, environmental, social, and governance (ESG) standards.

What you’ll do:

Lead the establishment and implementation of a second line social risk management framework to strengthen social risks identification, management, and reporting in sovereign-guaranteed operations.
Perform quality assurance and risk review of socio-environmental risks of assigned projects, focusing on enhancing the management of social risks throughout the project lifecycle.
Lead and/or contribute to the analysis of socio-environmental risk dynamics and develop new analyses for the quarterly risk report and dashboard.
Monitor socio-environmental risks of the IDB portfolio by conducting specific portfolio analyses, identifying trends, documenting recurrent and emerging risks, and formulating lessons learned and recommendations.
Provide social development technical expertise and policy advice, and lead the design, delivery, and dissemination of knowledge products and training to support the application of the Environmental and Social Policy Framework, generate risk awareness, build capacity, and raise specific social risk management issues to project teams and other relevant parties.

What you’ll need

Education: Master’s degree or equivalent in any subject(s) relevant to the outlined activities: sociology, social science, environmental/social management and policy, risk management or other fields relevant to the responsibilities of the role.
Experience: At least between 3 and 7 years of progressive experience working with multilateral financial institutions, international non-government organizations, government agencies, or the private sector in projects related to socio-economic development, preferably in Latin America and the Caribbean region. Experience conducting social due diligence of development projects, in supervision of social safeguards requirements, or in environmental and social risk assessment and monitoring.
Languages: Proficiency in English and one of the other Bank official languages (Spanish, French or Portuguese) is required.

Key Skills

Technical track

Learn continuously.
Collaborate and share knowledge.
Focus on clients.
Communicate and influence.
Innovate and try new things.

Requirements

Citizenship: You are a citizen of one of our 48-member countries.
Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
COVID-19 considerations: the health and safety of our employees are our number one priority. As a condition of employment, IDB/IDB Invest requires all new hires to be fully vaccinated against COVID-19.

Type of contract and duration

International staff contract, 36 months initially, renewable upon mutual agreement.

What we offer

The IDB group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:

A competitive compensation package.
Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + gender- neutral parental leave
Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program which covers medical, dental, vision, preventive care, and prescription drugs.
Pension plan: pre-defined pension plan that provides financial security and support employees in planning for their future.
We offer assistance with relocation and visa applications for you and your family, when it applies.
Hybrid and flexible work schedules
Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for employees.
Development support: We offer tools to boost your professional profile such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others.
Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others.
Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.

Our culture

At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.

About the IDB Group

The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.

About IDB

The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts innovative research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.

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Additional Information