VP - Sustainability & Climate Risk Manager

Join a top global Japanese bank as they continue to augment and advance their risk management department across a multitude of climate and sustainability areas.

Client Details

Client is a multinational Japanese bank and one of the largest correspondent banks in the world.

Description

Climate Risk Management Strategy:

• Develop and execute the bank's strategy for sustainability and climate risk assessment and analytics.

Regulatory Compliance & Reporting:

• Partner with relevant corporate functions (e.g., regulatory reporting, legal, compliance, sustainability, and risk) to prepare sustainability and climate risk-related reports and disclosures per Federal & State regulatory guidelines.
• Analyze and understand relevant regulations and best practices, particularly concerning climate-related financial risks.
• Perform regulatory gap analysis of emerging regulatory expectations.
• Develop remediation strategies, implement changes, monitor progress, and regularly review procedures to address potential future regulatory gaps.

Risk Management:

• Utilize data-driven research and analysis to identify, assess, and quantify financial risks linked to climate change, including physical and transition risks.
• Collaborate with senior management to integrate climate risk into the bank's overall risk management framework, covering credit, liquidity, operational, and market risk.
• Support the development of climate risk appetite metrics, including Key Risk Indicators (KRIs) and limits.
• Be highly proficient in climate scenario analysis and stress testing, and support ongoing practices.
• Collaborate with risk verticals to ensure climate risk management strategies are effective and up-to-date.

Data Management & Analysis:

• Oversee the collection, processing, and analysis of climate-related data.
• Ensure integration of climate data with existing financial and risk data systems.

Stakeholder Engagement:

• Collaborate with internal teams (e.g., credit risk, liquidity risk, operational risk, market risk, sustainability) to align climate risk management efforts.
• Engage with external stakeholders (e.g., regulators, investors, industry groups) on climate risk issues.

Continuous Improvement:

• Stay informed of the latest developments in climate science, financial risk management, and regulatory requirements.
• Drive continuous improvement in climate risk modeling methodologies and processes.
• Foster a culture of innovation and excellence within the climate risk team.

Profile

Education:

• Master's or Ph.D. in Finance, Economics, Environmental Science, Climate Science, or other quantitative fields.
• BA/BS with 3+ years of direct climate risk management and reporting experience will also be considered.

Experience:

• Minimum of 3+ years of experience in climate risk management and reporting.
• Experience in climate-related financial risk management and regulatory reporting is highly preferred.
• Significant expertise and strong track record in climate risk-related presentations, reporting, and document preparation.
• In-depth knowledge of climate risk factors, financial markets, and regulatory requirements.
• Experience in climate scenario analysis and stress testing.
• Good understanding of climate scenario analysis in business applications and its integration into various risk categories (e.g., credit, liquidity).
• Experience in developing climate risk appetite metrics.

Accountability:

• Take full responsibility for end-to-end management of assigned projects, ensuring all tasks are completed to the highest standard.
• Demonstrate a proactive approach in driving projects forward, anticipating challenges, and addressing issues promptly.
• Exhibit strong commitment to meeting deadlines and delivering high-quality work.
• Maintain a disciplined approach to project timelines, consistently managing priorities and resources to achieve goals without compromising quality.

Skills:

• Expertise in sustainability, climate risk techniques, and financial risk assessment.
• Strong understanding of climate risk and its implications for financial markets.
• Proficiency in relevant software and programming languages (e.g., SQL, Python/R, Power BI, Excel VBA).
• Excellent communication and presentation skills.
• Ability to work collaboratively with cross-functional teams.

Job Offer

Candidate has the oppoortunity to join one of the very few actively growing banking firms in the United States, during what has been a large slow down across the industry.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.