Climate & Sustainability Risk Associate

This role sits within the broader Sustainability and Climate Risk team and plays a key part in advancing the firm's climate risk analytics capabilities. The ideal candidate brings a strong analytical foundation, excellent communication skills, and a passion for integrating environmental risk into credit frameworks.

Client Details

A prominent financial services organization with a strong presence in the market. This large organization is committed to delivering innovative and effective solutions to its clients while fostering a culture of excellence and collaboration.

Description

Key Responsibilities

Analytical & Technical Delivery

• Contribute to the design and enhancement of a physical climate risk analytics platform.
• Process and manage catastrophe model outputs, sustainability datasets, and portfolio-level data in alignment with data governance standards.
• Support the development of methodologies to embed physical climate risk into stress testing and capital planning frameworks.
• Conduct scenario analysis and climate stress testing to evaluate the impact of natural hazards on credit exposures.
• Assist in the creation of hazard-specific credit risk indicators to inform risk appetite, monitoring, and strategic planning.
• Prepare technical documentation, regulatory deliverables, and internal reports with a focus on clarity and precision.
• Collaborate with cross-functional teams to develop pragmatic, data-driven solutions for credit risk management.
• Track evolving ESG regulations and contribute to compliance efforts through research and stakeholder engagement.

Stakeholder Engagement

• Communicate effectively across levels-from risk analysts to senior leadership-translating complex findings into actionable insights.
• Liaise with external vendors to evaluate third-party data offerings and ensure alignment with internal needs and cost efficiency goals.
• Navigate cross-functional input to synthesize diverse perspectives into cohesive, accurate outputs.
• Draft and present materials that highlight process improvements and control enhancements within the credit risk function.

Subject Matter Expertise

• Apply knowledge of geoscience, climate modeling, geospatial analytics, and statistical techniques to climate risk initiatives.
• Demonstrate intellectual curiosity, a proactive mindset, and a strong attention to detail in tackling complex analytical challenges.
• Maintain awareness of credit risk principles, financial instruments, and portfolio theory.

Profile

Qualifications

Education

• Bachelor's degree in a quantitative or scientific discipline (e.g., Engineering, Earth Sciences, Statistics, Economics, Quantitative Finance).
• Advanced degrees or certifications (e.g., CFA, FRM) are advantageous.

Experience

• Minimum 2 years of experience in climate risk analytics, credit risk, financial modeling, or related quantitative roles within the financial sector.
• Familiarity with climate science, Earth system modeling, and regulatory frameworks related to ESG and credit risk.
• Prior experience in a global financial institution or regulatory environment is preferred.

Analytical & Technical Skills

• Strong quantitative skills with the ability to extract insights from structured and unstructured data.
• Understanding of modeling techniques and their appropriate applications and limitations.
• Proficiency in geospatial analysis using vector/raster data formats and GIS tools.
• Experience with high-performance computing, time-series forecasting, or machine learning is a plus.

Tools & Technologies

• Advanced proficiency in Python, R, and SQL.
• Strong Excel skills and familiarity with geospatial libraries in Python.
• Experience with visualization tools (e.g., Power BI) and platforms such as Databricks or GIS software (e.g., ArcGIS, QGIS).

Soft Skills

• Clear and confident communicator with the ability to distill complex topics for diverse audiences.
• Strong organizational skills and the ability to manage multiple priorities in a dynamic, collaborative environment.
• Working knowledge of financial instruments and credit modeling is a plus

Job Offer

$90,000 - $135,000 base salary.

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.