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Environmental and Social Development Specialist
Nairobi, KEPosted 2 weeks ago
onsite
Job Description
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) business in Eastern Africa region. This professional will provide E S guidance to FI clients and IFC's investment and advisory teams on E S matters vis-à-vis IFC Performance Standards (PSs) 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 Regional ESG Manager for the Eastern Africa region. Duties and Accountabilities: • 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.