Analyst, Climate Risk

Purpose of Job

The Analyst supports the Climate Risk team in meeting teams core objectives by managing technical inputs maintaining datasets presentations and contributing to internal procedures and methodologies. Under structured guidance the analyst helps uphold climate risk oversight through control testing content preparation and capacity-building support. The Analyst works closely with members of team assisting them across a wide range of priorities to help support the delivery of high-quality outputs

Background

The Climate Risk team is a specialist second-line function of strategic importance established to advance the Banks institutional objectives on climate risk and contribute to the delivery of its broader green ambition. The Climate Risk team has a central role in shaping and embedding the Banks strategic direction on climate-related financial risks ensuring these are integrated into the Banks activities risk culture and decision-making addition to its oversight responsibilities the team helps guide the Banks broader positioning on climate and green finance.

While currently focused on financially material climate risks the team is well-positioned to support the Banks evolving quantified approach to broader environmental and social topicssuch as nature pollution and social factorsas relevant metrics and frameworks mature.

Within its mandate key areas of the climate risk team include:

• Establish and refine climate risk methodologies and frameworks ensuring alignment with industry best practices and evolving regulatory standards including maintenance and the monitoring of their application throughout the Bank.
• Define and implement the governance structures for climate-related financial risk assessments supporting robust oversight and accountability.
• Oversee the integration of climate risk considerations across project appraisal portfolio management and enterprise risk governance processes. Including establishing controls to ensure appropriateness of decisions.
• Deliver scenario analysis and climate stress testing providing strategic insights to inform portfolio-level and institutional decision-making. Stress testing deliver forward-looking insights that inform on portfolio resilience strategic planning and risk-adjusted business decisions.
• Prepare climate-related financial disclosures ensuring consistency with regulatory requirements such as the ISSB and other global reporting frameworks.
• Drive internal and external capacity building including engagement with regulators multilateral development banks and peer institutions to advance climate risk understanding and collaboration. The team advises internal stakeholders through presentations to risk committees and to Board via the Audit and Risk Committee (ARC).
• Ensure the collection management and maintenance of climate-relevant data enabling data-driven strategy development and decision-making across the Bank.

Facts / Scale

The Analyst is expected to work in multi-disciplinary teams and take responsibility for defined tasks in the delivery of various projects tasks and initiatives. The Analyst will work with guidance of more senior team members.

Accountabilities & Responsibilities

Methodologies Data & Procedures

• Assist in the maintenance and periodic update of climate risk methodologies through data input document updates and review cycles.
• Primarily responsible for the collection organisation and accurate input of climate risk related data and other technical inputs into internal databases and or tools.
• Supports the preparation and aggregation of data for internal review and analysis ensuring traceability and use for reporting presentation and other analytical outputs.
• Participate in drafting and maintaining internal procedures under supervision.

Governance Controls & Assurance

• Assist in following internal control steps and documenting climate risk processes.
• Support the preparation of documentation for internal reviews and audit requests.
• Participate in maintaining accurate records to meet governance and assurance expectations.

Financial Risk Review & Credit Support

• Assist credit officers by gathering data and supporting documentation of climate risk sensitivities.
• Participate in the review of financial models from a climate risk perspective under guidance.

Stakeholder Collaboration & Influence

• Engage with colleagues across the Climate Risk team to support coordination and task execution.
• Participate in meetings and consultations by taking notes tracking comments and documenting input under supervision.
• Assist in the preparation of pre-read materials for internal stakeholder engagements.

Communication Presentations & Training

• Assist in drafting internal presentations written summaries and consultation outputs.
• Participate in preparing meeting notes and minutes which require review for tone clarity and executive suitability.
• Support the preparation of background materials for training and communications.

Project Management & Delivery

• Support project coordination through tracking assigned actions and contributing to documentation.
• Assist in managing timelines reporting progress and maintaining version control.
• Participate in organising team documentation and delivery records.

Judgement Context & Working Style

• Requires clear task context and structured background to perform effectively.
• Participates in tasks that build confidence in navigating ambiguity over time.
• Benefits from direct guidance and iterative feedback to understand role expectations.

Knowledge Skills Experience & Qualifications

• Degree in Finance Economics with some focus in Environmental Science or Sustainability or equivalent.
• Foundational credit analysis skills including understanding of financial models cash flow modelling and credit appraisal processes. Emerging ability to link environmental or climate policy to financial outcomes.
• Good awareness of climate risk drivers and financial relevance with familiarity of international frameworks such as TCFD ISSB and CSRD.
• Proven analytical and quantitative skills including proficient using Excel. Working level familiarity managing data inputs tracking and maintenance of internal databases and emerging exposure to tools such as SQL or Python.
• Familiarity with the concepts underpinning climate scenario analysis and stress testing (e.g. NGFS IEA) and how they may inform risk assessments.
• Strong drafting abilities including presentation meeting notes and briefing materials understanding of executive communication standards including clarity brevity appropriate tone.
• Some experience or exposure to supporting the drafting or updating of procedures policy documents or methodology content with structured guidance; developing ability to translate technical and process requirements into written materials.
• Ability to carry out tasks effectively with structured guidance; building confidence to work in more ambiguous settings and deliver consistently over time.
• Collaborative team player open to feedback and repeated iterative improvements.
• Extremely hard-working and motivated to learn; able to manage workload effectively in a fast-paced environment. Developing resilience and ability to deliver under pressure with growing confidence in handling ambiguity with guidance. Solid organisational and coordination skills to manage multiple tasks and delivery across workstreams.
• Good familiarity with international climate policy developments (e.g. Paris Agreement) and how they influence financial institutions.
• Familiarity with GHG accounting concepts (e.g. scopes 1 2 and 3) decarbonisation plans and emerging awareness of how these apply to risk assessments is a plus.
• Good awareness of the countries in which the Bank operates/ plans to operate

What is it like to work at the EBRD

Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation and use your talents to make a real difference to peoples lives and help shape the future of the regions we invest in.

The EBRD environment provides you with:

• Varied stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial political public and private sectors across the regions we invest in;
• A working culture that embraces inclusion and celebrates diversity;
• An environment that places sustainability equality and digital transformation at the heart of what we do.

Diversity is one of the Banks core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients brings pioneering ideas energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities cultures and opinions and we aim to sustain and build on this strength. As such the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial ethnic religious and cultural background gender sexual orientation or disabilities. As an inclusive employer we promote flexible working and expecting our employee to attend the office 50% of their working time.

Please note that due to the high volume of applications received we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).