The Inter-American Investment Corporation (IIC), a multilateral financial institution and member of the Inter-American Development Bank (IDB) Group, has an opening for an experienced Environmental Specialist. The IIC's mission is to promote economic development in its regional developing member countries by fostering the establishment, growth, and modernization of private enterprises, with a focus on small and medium-sized companies.

The IIC is committed to sustainable development and good governance as reflected in the IIC's Environmental and Social Sustainability Policy (effective September 1, 2013). This is achieved through promoting good practice standards and supporting clients to manage risk, improve development outcomes of projects financed and add value to client's businesses.

The IIC is seeking to strengthen its team of environmental/social specialists through the recruitment of an Environmental Senior Specialist to support IIC's operations in the Latin American and Caribbean region.

Key Responsibilities

• Review and appraise new investment proposals for IIC's consideration, including the identification of potential environmental and social impacts, risks and issues;
• Formulate recommendations and requirements for client actions and draft relevant documentation necessary to provide financing (i.e. public disclosure documents, relevant sections of reports to be submitted to the Board of Directors, etc.);
• Advise and work with clients to define steps and action plans necessary to meet the requirements of the IIC's Environmental and Social Sustainability Policy;
• Monitor the environmental and social performance of specific projects assigned;
• Identify opportunities for adding value to an investment. Guide IIC investment staff with identifying environmental and social opportunities above and beyond risk management, which could potentially enhance a project;
• Work with clients and IIC's Technical Assistance and Strategic Partnerships Division (TAS) to mobilize technical and financial support for clients to address environmental and social aspects of client's operations;

REQUIREMENTS

• Education: Master's degree in environmental sciences, natural resource management, environmental engineering, or other relevant field.
• Experience: Minimum of 8 years of relevant experience in environmental and social risk management with a demonstrated track record of working on these issues with private firms. Demonstrated experience with the effective application of good practices standards typically used by multilateral development banks, particularly the International Finance Corporation's Performance Standards, and the IDB Environmental and Safeguards Compliance Policy.
• Languages: Excellent command of Spanish and English (Portuguese and/or French desirable).
• Candidates must be citizens of an IIC member country.
• Availability to travel frequently to Latin American and Caribbean countries.

CORE COMPETENCIES

1. Client Focus and Management

Focuses efforts on achieving business results by understanding and meeting internal and external client and stakeholder needs. Values the importance of providing high-quality customer service, while balancing the interests of the client and the IIC.
2. Innovation and Creativity

Devises innovative and creative solutions that contribute to organizational effectiveness. Tries different and novel ways of approaching work to create added value in the services/products provided.
3. Knowledge-sharing

Actively develops and shares knowledge within and outside own business area. Leverages expertise to improve organizational effectiveness and add value within sphere of influence.
4. Collaboration and Influence

Encourages teamwork and cooperates with others to achieve mutually beneficial results. Gains the support of others for own ideas and initiatives, regardless of formal authority and organizational boundaries.
5. Critical Thinking and Judgment

Uses data, experience, and good judgment to make sound decisions and devise effective solutions to problems. Assesses and manages risk in own work.

The IIC offers a competitive compensation and benefits package, worldwide medical and dental insurance for employees and their eligible dependents, life and disability insurance, a defined benefit pension plan, and professional growth opportunities.

Candidates applying to this position must submit a résumé along with a cover letter summarizing their academic and professional background, as well as three work references.

Short-listed candidates will be contacted and invited to participate in a round of interviews.

Please submit all required information via e-mail to iichr@iadb.org no later than October 21, 2013.

To ensure that your application is received, please include the job posting number DEC-15/13 in the subject line of your electronic message.