Senior Environmental Specialist

  • Location:
  • Salary:
    negotiable
  • Job type:
    Full-Time
  • Posted:
    2 weeks ago
  • Category:
    Others
  • Deadline:
    December 9, 2022

JOB DESCRIPTION

 

Job #: req20071
Organization: IFC
Sector: Environment
Grade: GG
Term Duration: 3 years 0 months
Recruitment Type: International Recruitment
Location: Bogota,Colombia; Sao Paulo, Brazil
Required Language(s): English
Preferred Language(s): Spanish, Portuguese
Closing Date: 12/9/2022 (MM/DD/YYYY) at 11:59pm UTC

 

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 in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
 
The Environmental, Social and Governance (ESG) Sustainability Advice and Solutions Department (CEG), includes approximately 200 staff and consultants.  CEG department supports IFC’s investment and advisory departments to manage ESG risks associated with their activities and find solutions to client issues on basis of our Environmental and Social (E&S) Performance Standards (http://www.ifc.org/performancestandards) and the Corporate Governance Methodology (http://www.ifc.org/corporategovernance).  CEG further leverages this expertise and operational experience in emerging markets to encourage the effective adoption of these standards by companies and investors across emerging markets.  More details can be found at http://www.ifc.org/sustainability.
 
The Senior Environmental Specialist will provide guidance to clients particularly in Banking, Financial Intermediary (FI), Agribusiness, Manufacturing and Services sectors, and advisory teams on E&S risk management vis-à-vis IFC Performance Standards and Sustainability Policy with the aim of promoting compliance with IFC’s social standards and enhanced impact and additionality of IFC-supported investments and advisory mandates.  This position will report to the Regional Manager, with Regional Team Leads for FI and DI investments as primary Supervisors.
 
Duties and Accountabilities:
 
Early Screening, Due Diligence, Portfolio supervision:
•  Assess E&S issues/risks in new investments and select advisory engagements in multiple sectors (including finance, manufacturing, services, and agribusiness).
•  Tailor risk mitigation measures and value-add solutions that support clients in addressing identified issues; advise on structuring, appropriate mitigation measures and contractual alignment of interest to address risks and impacts.
•  Responsively and flexibly support IFC investment teams in project decision-making and processing considering E&S risk issues, including clear communication to teams and management throughout the investment cycle.
•  Discuss and support formulation of E&S legal conditions for projects legal agreements.
•  Proactively monitor portfolio clients and engage with clients to achieve compliance.
•  Contribute to portfolio reviews, particularly by reviewing clients’ reporting, investment team E&S monitoring reports, maintaining a Watchlist of high risk, non-performing or complaint generating projects and leading/participating in site supervision visits.
•  Support industry teams and clients in response to CAO and IEG requests, leading discussion with CAO and IEG officers
•  Build capacity with clients on issues related to E&S issues, including clients’ monitoring and evaluation of E&S activities and outcomes.
•  Develop and build relations within IFC and with clients and contribute to generating new business for the Corporation.
•  Conduct portfolio analysis to identify systemic issues and assess trends; or of policy nature and propose policy adjustments as needed.
•  Contribute to regional supervision program reviews and quarterly reports.
•  Provide guidance to more junior staff and Short-Term Consultants (STCs) working on E&S risk management and supervise the timeliness and quality of their work, in coordination with Regional Team Leads
•  Manage ESG aspects of complex projects, discussions with investment teams and clients.
 
Upstream and Advisory Services:
•  Identify systemic bottlenecks existing in the market that prevent adequate E&S risk management in key markets. Contribute substantively to upstream activities by using technical experience and expertise.
•  Participate in strategic decision making regarding IFC role in advisory support to enhance E&S risk management. Where relevant support the development of appropriate solutions.
•  Work proactively to identify opportunities for advisory engagements that result in greater development impact and value for the client; Provide expert input into new IFC advisory offering.
 
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.
•  Identify and 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 related to thematic area.
•  Prepare management briefs of relevant E&S matters.
•  Contribute to ongoing and emerging corporate initiatives related to E&S requirements.

 

Selection Criteria

 

•  Minimum of 8 years of professional experience working on E&S due diligence in the international context, with strong preference for experience in the private sector working across different industry sectors
•  Experience working with IFI and/or World Bank Group E&S Policies and Standards
•  Working experience in emerging markets, ideally in fragile and conflict environments
•  Willingness to travel regularly in emerging market countries
•  Familiarity and proven experience in managing E&S issues involving financial intermediaries and real sector projects
•  Strong analytical skills, ability to think strategically, analyze and synthesize diverse information sources, and draw conclusions from sometimes limited data
•  Ability to manage multiple tasks simultaneously under tight deadlines
•  Demonstrated ability to adapt to changing circumstances, organize and prioritize deliverables, and maintain attention to detail
•  Ability to communicate effectively and concisely in spoken and written English as well as in Spanish or Portuguese is essential. 
•  Ability to communicate on complex environmental and social issues in a manner that can be understood by non-experts
•  Excellent interpersonal and communication skills including the ability to relate well with a wide range of internal and external parties (including senior staff, management, IFC’s accountability mechanism and clients) and develop solutions in potentially tense or conflicting situations
•  Ability to work effectively as a member of a multi-disciplinary, multi-cultural team, influence and negotiate point of view within teams
•  Exemplary project management skills and ability to manage multiple tasks 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.