ESG and Sustainability Officer
ESG and Sustainability Officer
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Job Description
Job Title: ESG & Sustainability Risk Officer
Supervisor: Chief Risk Officer
Department: Risk Management
Job Summary
ESG (Environmental Social and Governance) & Sustainability Risk Officer role in the Bank is to proactively identify assess monitor and mitigate risks arising from environmental social and governance factors while also helping the Bank seize opportunities related to sustainability.
Key Responsibilities
Framework Development & Implementation:
Design implement and continuously enhance the Banks ESG and Sustainability Risk Management Framework policies and procedures ensuring alignment with best practices regulatory requirements and internal strategic objectives.
Develop methodologies and tools for identifying assessing and quantifying ESG risks in lending investment and operational activities.
Establish clear ESG risk appetite statements limits and monitoring metrics.
ESG Risk Assessment & Due Diligence:
Conduct in-depth ESG risk assessments and due diligence for new and existing clients projects and transactions across various sectors.
Evaluate clients ESG performance policies and practices identifying potential risks such as climate transition risk physical climate risk biodiversity loss human rights violations labor standards corruption and governance weaknesses.
Provide expert opinions and recommendations on ESG risk mitigation strategies to business units and credit committees.
Portfolio Monitoring & Reporting:
Monitor the ESG risk profile of the banks portfolios (e.g. loan book investment portfolio) identifying concentration and emerging risks.
Develop and produce regular comprehensive ESG risk reports for senior management risk committees (e.g. Enterprise Risk Committee ALCO) and the Board highlighting key trends exposures and compliance status.
Contribute to the banks external ESG disclosures and sustainability reports ensuring accuracy and transparency regarding ESG risk management practices.
Regulatory Compliance & Stakeholder Engagement:
Stay abreast of evolving national and international ESG regulations standards and industry guidelines relevant to financial institutions.
Ensure the banks ESG risk management practices comply with all applicable regulatory requirements and internal policies.
Prepare for and support regulatory examinations and external audits related to ESG risk.
Engage with internal stakeholders (e.g. Credit Treasury Compliance Legal Product Development) to embed ESG considerations across the bank.
Potentially engage with external stakeholders including regulators NGOs rating agencies and industry forums on ESG risk matters.
Training & Awareness:
Develop and deliver training programs for relevant Bank staff (e.g. relationship managers credit analysts) on ESG risk identification assessment and integration into their daily responsibilities.
Promote a strong ESG risk culture throughout the Bank.
Stress Testing & Scenario Analysis:
Contribute to the development and execution of climate-related stress tests and scenario analysis to assess the Banks resilience to various climate transition and physical risks.
Analyze the potential financial impact of different climate scenarios on credit portfolios and other asset classes.
Strategic Support & Advisory:
Provide expert advice and guidance to business units on managing specific ESG risks and identifying related business opportunities (e.g. green financing).
Collaborate with the Banks Business and Operational teams to ensure coherence between risk management and overall sustainability strategy.
Participate in due diligence for new products or services to ensure ESG risks are adequately considered from inception.
Requirements
Qualifications
Bachelors in environmental science Sustainability Finance Economics Business administration commerce Law or a related field. ESG certifications are a significant advantage.
3 years of experience in risk management sustainability or corporate social responsibility within the financial services industry or a related sector with strong exposure to ESG issues.
Demonstrated experience in developing and implementing risk management frameworks particularly with an ESG focus.
Understanding of ESG concepts frameworks and relevant regulatory developments
Experience in credit analysis with an ESG lens is highly desirable.
Required Skills
Strong analytical and quantitative skills with the ability to interpret complex data and build risk models.
Proficiency in data analysis tools and Ms. Excel
Proactive self-starter with a strong sense of ownership and accountability.
High ethical standards and a genuine passion for sustainability.
Strong problem-solving abilities and attention to detail.
Employment Type
Full Time
