Posted:11 hours ago
By:Hiring Kenya
Company Details
Industry:
Banking
Description:
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group. The bank is based in Washington, D.C. and provided around $61 billion in loans and assistance to "developing" and transition countries in the 2014 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.
Job Description
Duties and Accountabilities:
- Lead or contribute to review of E&S issues and risks in new investments and select advisory engagements in the infrastructure sectors.
- Prepare concise public disclosure documents for new investments as well as internal documentation.
- Lead or contribute to identification and development of E&S risk mitigation measures and value-add solutions that support clients in addressing identified issues.
- Provide clear and responsive guidance to IFC industry teams on E&S risk management in project decision-making and processing throughout the investment cycle, including clear communication to teams.
- Support formulation of E&S legal conditions for IFC projects.
- When leading E&S assessments, ensure effective and efficient use of staff, consultants, and resources, ensuring the timely completion of deliverables. Provide guidance and support to team members.
- Proactively monitor portfolio clients and engage with these clients and investment departments to achieve compliance with contractual E&S requirements, clearly documenting and communicating any outstanding or emerging gaps between client performance and IFC requirements, and related risks and opportunities.
- Contribute to 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 periodic reports.
- Support industry teams and clients in response to Compliance Advisor Ombudsman (CAO) and Independent Evaluation Group (IEG) requests where needed, including discussion with CAO and IEG officers as needed.
- Support clients’ E&S capacity building.
- 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.
- Provide guidance to Short-Term Consultants (STCs) working on E&S risk management and supervise the timeliness and quality of their work, in coordination with the Regional Manager.
- As RIL, conduct pre-screening of new investment projects, propose project E&S categorization and draft E&S language, including early E&S risk deal breakers.
- Manage development of the annual supervision plan for infrastructure projects and clear supervision records.
- Monitors overdue supervision indicators for the infrastructure and contribute to regional supervision program reviews and periodic reports.
Selection Criteria
- Advanced degree (Masters) in science, engineering, sociology or other relevant disciplines.
- Minimum of ten years professional experience working on E&S management, monitoring and/or due diligence, with a preference for private sector experience in the infrastructure sector.
- Working experience in emerging markets, ideally in fragile and conflict environments.
- Experience working with IFC/World Bank E&S Policies and Standards.
- Willingness to travel regularly.
- Exemplary project management skills and ability to manage multiple tasks under tight deadlines.
- Strong analytical skills, ability to think strategically, analyze and summarize diverse sources, draw conclusions from limited data and develop solutions in potentially tense or conflicting situations.
- 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.
- Proficiency in English essential, with French skills an advantage.
- Excellent interpersonal and communication skills including the ability to communicate persuasively with a wide range of internal and external parties (including senior staff, management, IFC’s accountability mechanism and clients) and present E&S risks and management solutions in a manner that non-experts can understand.
- Ability to work effectively as a member of a multi-disciplinary, multi-cultural team, influence and negotiate point of view within teams.
Education: Degree, Diploma
Employment Type: Full Time