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Environmental & Social Development Specialist – Financial Intermediary Business at World Bank Group

  • Job Type Full Time
  • Qualification MBA/MSc/MA
  • Experience 8 years
  • Location Nairobi
  • Job Field Finance / Accounting / Audit 

Environmental & Social Development Specialist – Financial Intermediary Business at World Bank Group

Environmental & Social Development Specialist – Financial Intermediary Business

Duties and Responsibilities:

  • Lead or contribute to the review of E&S documentation to identify risks in new investments and select advisory engagements in the Financial Intermediary sector (including Banks, Funds, NBFIs and Micro Finance Institutions).
  • In Financial Intermediaries, provide E&S oversight of IFC investments throughout the project cycle including early review, appraisal, public disclosure, board review & approval, commitment & disbursement and project supervision.
  • Deliver fully drafted project related internal and external documents to support IFC investments.
  • Lead or contribute to identification and development of E&S risk mitigation measures and value-add solutions that support clients in managing E&S risks.
  • Provide clear guidance to IFC investment teams on E&S risk management to support investment processing and decision-making throughout the investment cycle.
  • Support FI clients in the development and implementation of their Environmental and Social Management Systems (ESMSs) and build their capacity.
  • When leading E&S assessments, provide guidance and support to team members, ensuring effective and efficient use of staff, consultants, and resources to ensure the timely completion of deliverables.
  • Discuss and support the investment team in the formulation of E&S provisions for legal agreements.
  • Proactively monitor portfolio clients to achieve compliance with the agreed E&S conditions of an investment.
  • Clearly document and communicate gaps between client performance and IFC E&S requirements to the client and IFC management.
  • Support industry teams and clients responding to Compliance Advisor Ombudsman (CAO) investigations and Independent Evaluation Group (IEG) requests.
  • As needed, 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.
  • Prepare management briefs of relevant E&S matters.
  • Contribute to regional portfolio reviews and periodic reports.
  • Other duties as required.

Selection Criteria

  • Advanced degree (Masters) in environmental science, engineering, or other relevant disciplines.
  • Minimum of eight years professional experience working on E&S management, monitoring and/or due diligence applied to Financial institutions (preferably in the Africa region).
  • Direct experience advising or supporting commercial banks, PE funds, insurance companies, or other financial sector actors integrating E&S risk management frameworks and Development Financial Institution (DFI) requirements.
  • Experience working with IFC’s sustainability framework particularly the IFC Performance Standards.
  • Ability to communicate effectively and concisely on complex environmental and social issues in spoken and written form, in a manner that can be understood by non-experts.
  • Ability to work effectively as a member of a multi-disciplinary, multi-cultural team, influence and negotiate point of view within teams.
  • Working experience in emerging markets, ideally in fragile or conflict affected environments.
  • Availability for frequent travel.
  • Ability to manage multiple tasks under tight deadlines.
  • Strong analytical skills, ability to think strategically, analyze and summarize diverse sources of data to develop appropriate E&S risk management solutions.
  • High personal integrity and emotional intelligence, with the ability to handle sensitive matters in a discreet and respectful manner, respond diplomatically and remain calm under pressure.
  • Demonstrated ability to adapt to changing circumstances, organize and prioritize deliverables, and maintain attention to detail.
  • Prior work with Multilateral Development Banks (MDBs) or DFI or donor-funded programs, including familiarity with their operational policies, reporting requirements, and project cycles, is an advantage.
  • Proficiency in English (essential) and French (an advantage).

Method of Application

Interested and qualified? Go to World Bank Group on worldbankgroup.csod.com to apply

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