Job Description

Environmental & Social Development Specialist Job #: req31267
Organization: IFC
Sector: Social Development
Grade: GF
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment
Location: New Delhi,India; Mumbai,India
Required Language(s): English
Preferred Language(s):
Closing Date: 1/31/2025 (MM/DD/YYYY) at 11:59pm UTCDescriptionIFC - 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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.IFC is seeking a dynamic, motivated Environmental & Social (E&S) Development Specialist with strong communication, interpersonal, and analytical skills to support its Financial Intermediary (FI)-related business in South Asia. This professional will provide E&S guidance to clients and investment and advisory teams on E&S matters vis-xc3xa0-vis IFC Performance Standards (PS) and Sustainability Policy, with the aim of promoting compliance and enhancing the impact and additionality of IFC-supported business activities. The position will report to the ESG Regional Manager for the South Asia region.Duties and Accountabilities:

• Lead or contribute to the review and identification of E&S issues and risks, including new emerging E&S risks in investments and select advisory engagements in the Financial Intermediary sector (including Banks, Funds, NBFIs, Micro Finance Institutions, etc.).
• In Financial Intermediaries work on IFC investments throughout the project cycle covering early review, appraisal, public disclosure, board review & approval, commitment & disbursement.
• Contribute towards project supervision and delivering project related internal and external reports.
• Lead or contribute to identification and development of E&S risk mitigation measures and value-add solutions that support clients in addressing identified issues.
• Perform analyses on the development and implementation of clients' Environmental and Social Management Systems (ESMS).
• Support formulation of E&S legal conditions for IFC projects.
• Monitor portfolio clients and engage with these clients and investment departments to achieve E&S compliance, documenting and communicating any gaps in client performance vs IFC requirements, and related risks and opportunities.
• Support industry teams and clients in response to Compliance Advisor Ombudsman (CAO) and Independent Evaluation Group (IEG) requests where needed.
• Support analyzing and reporting internally portfolio data, missing information and support follow up on pending issues.
• Support client E&S capacity-building.

Selection Criteria

• Advanced degree (Masters) in science, engineering, or other relevant disciplines.
• Minimum of seven years professional experience working on E&S risk management, due diligence and/or monitoring , with a preference for financial sector E&S risk management experience in South Asia.
• Experience working with IFC/World Bank/E&S Policies and Standards specifically IFC Performance Standards. Relevant client facing experience will be an added advantage.
• Willingness to travel regularly.
• Strong analytical skills, ability to think strategically, analyze and summarize diverse sources and draw conclusions from limited data.
• Ability to manage multiple tasks simultaneously under tight deadlines.
• Demonstrated ability to adapt to changing circumstances, organize and prioritize deliverables, while maintaining attention to detail.
• Ability to communicate effectively and concisely on complex E&S issues in spoken and written form.
• Proficiency in English essential, with additional languages as an advantage.
• Ability to work effectively as a member of a multi-disciplinary, multi-cultural team, influence and negotiate point of view within teams.
• 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.

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 and , including our values and inspiring stories.

World Bank