Director, Social Assessment at Overseas Private Investment Corporation (OPIC)
If you are interested in a dynamic, mission-driven work environment where you can make a difference, consider the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution. OPIC offers many opportunities for professionals looking to broaden their horizons in a challenging and rewarding career. We are looking for outstanding candidates to join our small and talented staff.
This position is located in the Office of Investment Policy (OIP) of the Overseas Private Investment Corporation (OPIC). Incumbent reports to the Vice President, Office of Investment Policy (OIP). Within OPIC, OIP is responsible for reviewing and monitoring OPIC-supported projects to ensure that OPIC implements it statute and policies regarding environmental and social impacts, worker rights standards, respect for human rights, protection against harm to the US economy, and positive development impact.
The incumbent serves as Director of the Social Assessment team. As such, the incumbent is responsible for overseeing the review of OPIC finance, insurance, and investment fund support to international investment projects for compliance with OPIC’s statutory and policy requirements related to social risks and impacts, including impacts on communities, workers, and human rights. The incumbent simultaneously manages staff members’ appraisal of the social aspects of potential OPIC investments to identify risks and opportunities to add value to investment projects, ensure compliance with applicable standards, and monitor previously approved projects for compliance with related requirements, including protection of internationally recognized worker rights. The incumbent must have experience in a number of disciplines necessary for a sound interdisciplinary approach to social impact assessment, including: demographic studies; vulnerable population assessments; community consultation; labor rights; human rights; community engagement and grievance mechanisms; land acquisition; involuntary resettlement; and indigenous peoples. OPIC-supported investments occur in developing countries worldwide.
In this position, you will:
- Manage and lead the Social Assessment team in the Office of Investment Policy (OIP), including recruitment, training, and mentorship of junior analysts and department interns, as well as establishment and oversight of policies and procedures that relate to project compliance with internationally recognized worker rights, human rights requirements, and social impact considerations.
- Direct the assessment of projects seeking OPIC support for compliance with internationally recognized worker rights, human rights requirements, and social impact considerations as defined by the OPIC statutory requirements, OPIC’s Environmental and Social Policy Statement, and the International Finance Corporation Performance Standards. Direct staff members to perform technical review which includes screening potential projects, conducting the appropriate level of due diligence, including site visits, developing contractual requirements and mitigation plans for each project based on analysis and interpretation of the industry or service sector and host country legal and regulatory conditions and contextual factors. Collaborate with OPIC’s office of Legal Affairs to interpret OPIC statute related to social impacts, and on specific contract language to ensure project-level compliance with the OPIC requirements.
- Develop, implement, and direct the social, labor and human rights impact aspects of OPIC’s site- and self-monitoring program(s) to ensure that ongoing OPIC-supported projects comply with contractual provisions. Evaluate on-going risk assessment to determine monitoring prioritization and integrate the social monitoring program with the overall departmental monitoring plan. Monitor or direct the monitoring of selected projects through questionnaires, on-site visits and/or use of third party consultants for compliance with contractual requirements. Establish approach to be taken when interviewing clients, workers, communities, host country representatives and other stakeholders concerning individual projects. Develop and oversee remediation measures to cure non-compliance with contractual requirements.
- Conduct research necessary to make recommendations to OPIC senior management and determinations regarding country eligibility for OPIC programs based on worker rights criteria contained in OPIC statute. Consult with the U.S. Trade Representative, Department of Labor, and Department of State as necessary. Review and report on OPIC country eligibility based on country eligibility determinations for Generalized System of Preferences (GSP) beneficiary countries and Department of State and International Labor Organization (ILO) reporting.
- Manage the preparation of approval documents required for OPIC approval process including relevant sections of the Investment Committee and Board of Directors papers, and represent OIP on these matters at Committee and Board meetings.
- Occasional Travel
- OPIC travel is typically located in developing countries.