World Bank Group recruits 01 Senior Environmental Specialist
IFC—a sister organization of the World Bank and 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 2019, we invested more than $19 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. 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, substantially involved in pre-investment environmental and social (E&S) due diligence and monitoring of portfolio clients’ E&S outcomes. CEG 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 Performance Standards on Environmental and Social Sustainability (www.ifc.org/performancestandards) and the Corporate Governance Methodology (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 www.ifc.org/sustainability.
IFC is looking for a dynamic, motivated, and detail-oriented professional with strong communication, interpersonal, and analytical skills to provide support to Middle East and Africa (MEA) CEG team, clients, investment and advisory teams on environmental risk management vis-à-vis IFC Performance Standards with the aim of promoting compliance with IFC’s E&S standards and enhanced impact and additionality of IFC-supported investments and advisory mandates. This position will report to the CEG MEA Regional Manager, with Regional Team Lead Direct Investments as primary Supervisor.
Duties and Accountabilities
- Lead E&S review and appraisal and ensure clear and timely guidance to clients and Transaction Teams on E&S risk management in all relevant investment and advisory transactions throughout the project life cycle. The E&S appraisal will include site visits;
- Work with clients to define steps, including development and implementation of E&S Action Plans, required to meet the requirements of IFC’s Performance Standards, the World Bank Group’s Environmental, Health and Safety Guidelines, and relevant country E&S regulation;
- Lead teams to effectively support IFC investments in project decision-making and processing, considering environmental risk issues, including clear communication to teams and management throughout the investment cycle, determination of environmental legal conditions for the project legal agreement; public disclosure, etc.;
- Actively work with Transaction Teams or Portfolio Management to ensure the effective monitoring and supervision of environmental performance of multiple, complex portfolio clients with high visibility/reputation risk;
- Monitoring and supervision will include regulator site visits as applicable, directly with the client and/or in collaboration with the Transaction Teams or Portfolio Management;
- Maintain an oversight of a personal portfolio of appraisal and supervision clients;
- Support portfolio teams and clients in response to Compliance Advisor Ombudsman (CAO) (http://www.cao-ombudsman.org/) and Independent Evaluation Group (IEG) (http://ieg.worldbankgroup.org/) requests, leading discussion with CAO and IEG officers;
- Determine resources needed to support projects and ensure efficient and effective use of resources;
- Where required, work with independent environmental and social consultants hired by IFC and/or co-lenders to undertake independent due diligence. This will include drafting Terms of Reference and procuring the services of the consultants as applicable;
- Identify and validate potential for E&S advisory and market development opportunities, help define required steps to reach market potential, and create appropriate timeline for IFC E&S intervention and engagement;
- Actively work on the development/continuous improvement of E&S tools, checklists and guidelines to streamline processes to effectively deliver high-quality E&S risk management support to IFC investment and advisory transactions;
- Develop assigned staff and members of the broader team through mentoring, coaching, and providing on-the-job learning opportunities;
- Perform other duties as assigned by the Regional Team Lead and/or Regional Manager;
Knowledge, Learning and Representation
- Serve as an advocate on E&S matters within and outside IFC and contribute to institutional knowledge base by analyzing and disseminating lessons learned and best practice from specific IFC investment and advisory transactions and disseminate them within the institution;
- Provide inputs around lessons learned to improve risk and sustainability risk training curriculum, especially as they pertain to the MEA experience;
- Represent IFC and CEG at technical meetings, industry events and environmental and social for a, and conferences or lenders’ meetings;
- Graduate/Advanced degree (Masters or PhD) in relevant discipline (e.g. environmental, science, engineering);
- Minimum 12 years of practical and relevant professional experience, including private sector experience, in sustainability and E&S risk management;
- Knowledge of IFC’s Sustainability Framework and Performance Standards;
- International experience required with experience in MEA region desirable;
- Strong analytical skills, ability to think strategically, analyze and synthesize diverse information sources, and draw conclusions from sometimes limited data;
- Exemplary project management skills and 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;
- Pragmatic, solution-oriented, problem solver with a high degree of responsiveness and proactivity, coupled with the ability to recognize when a solution is not available;
- Ability to communicate effectively and concisely in spoken and written English is essential. Ability to communicate in French will be an advantage;
- Excellent interpersonal, listening and communication skills including the ability to relate well with a wide range of internal and external parties 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, superior mentoring skills;
- 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;
Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.
Application deadline: 30 October 2020.
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