Climate Risk Junior Analyst

Job Description

Role Responsibilities Role The Climate Risk analyst will be responsible for completing the Climate Risk Questionnaire and Climate Risk Assessment by gathering all the relevant data from trusted sources, disclosures, annual reports and client engagement.The analyst will ensure that the data is consistent for consumption by the Model/Decision Engine , ensure traceability of data where not sourced by the system and make sure that the output is verified by a responsible Checker before the assessment is shared to other internal stakeholders.The analyst will support the frontline FAM/GAM teams to resolve Risk Triggers raised during previous reviews.The analyst will adhere to SLA s and KPI s and minimize overdues.Stakeholder Partnership
• To partner the team s two key stakeholder communities, Client Coverage and Risk, supporting the former in executing their client strategies with regards to Climate Risk analysis. Maintaining integrity in analysis at all times is critical.
• This includes frequent and iterative discussion with both Client Coverage and Risk around draft analysis, key sector / geographic trends, as well as discussion of covenants, risk triggers and the like. It involves proactive idea generation and discussion with Client Coverage around potential business opportunities for SCB, assisting both Client Coverage and Risk around Climate Risk Assessment and execution by identifying and alerting stakeholders of emerging Climate Risk aspects on a continuous basis.
Business To provide insightful, relevant, succinct and timely (see below) Climate Risk analysis of a portfolio of SCB s clients (current or prospective). This includes responsibility for
• Supporting the FAM/GAM in preparing for Client discussions with respect to Climate Risk Questionnaire and Data gathering to enable accurate and informed assessments.
• Proposing means for addressing Risk Triggers raised as part of the previous reviews.
• The role extends to analysing the portfolio across industry / geography as may be the focus from time to time.
Insightful: Attuned to the needs of two audiences Client Coverage and Risk. The Climate Risk analysis should provide a current and forward-looking focused opinion on the Clients engagement and participation in the Climate Change agenda, taking into account the industry / geographic context together with a calibrated articulation of key Climate related risks and potential mitigants thereto.Relevant: As well as a holistic counterparty assessment, analysis should comment on elements relevant to SCB s own Climate priorities e.g. High emitting Sectors to allow the FAM/GAM to engage with the clients effectively.Succinct: While always providing sufficient granularity to substantiate its conclusions and observations, the analysis should present opinion in as structured and succinct a manner as is practical.Timely: While focused on the prescribed annual review cycle, analysis will also be required where material new trigger events are being considered aligned to policies and standards. In addition, more summary analysis should be produced and disseminated quickly, where relevant.To support BCA submission it will involve the following:
• Timely production of the Climate Risk Questionnaire and the associated Climate Risk assessment for inclusion into the BCA (where in scope).
• Active partnership with Client Coverage (Credit Analysts) in completion of Risk Profile, as well as proposed Covenants and Risk Triggers related to Climate Risk.
• Whilst the overall accountability for consistency and coherence of the complete BCA package submitted to Risk will rest with Credit Analysis, the Climate Risk Team be responsible for addressing and/or responding to any questions or queries from Credit Officers with respect to Climate Risk.
Processes
• Timely drafting of Climate Risk Questionnaire and Assessment in line with defined KPI s.
• Analyse the dynamics and nature of the Client s industry, including key Climate Risk aspects.
• Analyse the management strength, experience and track record and corporate governance and Climate Risk disclosures.
• Articulation of the Client s Climate Risk strategy and an assessment of its clarity and associated execution risks.
• Assessment of Climate Risk funding strategy (both Capex and Opex).
• Assessment of clients current Climate Risk score, their past performance in meeting Climate related commitments and their future execution plans.
• Assessment of other pertinent risk aspects associated with Climate change, including country risk, parental and/or governmental linkage/support or policies.
• Completion of Climate Risk components of the Group Mandate/BCA (including relevant attachments) as required by agreed Climate Policies and Standards (including country specific regulatory checklist where applicable).
• Maintenance of static data of clients e.g. Asset locations, LEID to TC_UID mapping of new clients, modeling inputs and outputs, etc.
• Testing and Monitoring CaRT related to Climate Risk.
• Reporting on operational metrics, engaged in MI reporting and regulatory reporting.
• Seek applicable pre-approval endorsements as per defined Operating Model.
People and Talent
• Support Climate Risk Team Head and others in the team on ad hoc projects, strategic initiatives and exercises aimed at improving or enhancing the team s activities.
• Continually strive to share key relevant knowledge and learnings with others across the team.
• Provide Climate Risk specific coaching to newer or less experienced members of the team.
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Lead the Climate Risk Analyst to achieve the outcomes set out in the Bank s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.].
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders Internal Relationships
• GAMs, RAMs, FAMs
• Credit Analyst Heads (Country / Region)
• Climate Risk (Global)
• Product partners
• CDD, where relevant
• Legal, Audit and Compliance, where relevant
• Operations, where relevant
External Relationships
• Clients
• Rating Agencies
• Market Data Services providers
Our Ideal Candidate Key Requirements
• Analytical strength to spot emerging risks, in particular forward looking industry trends.
• Gravitas and communication to engage with Relationship Managers, Clients and Management alike have the ability to challenge in a constructive manner.
• Collaborative to work in partnership with stakeholders to get things done , fulfilling the Job Purpose.
Experience & Skills
• Minimum of 1+ years relevant experience gained either in banking, risk or accounting environment is desirable but not mandatory.
• Strong analytical ability, focused on the assessment and calibration of Climate Risk.
• Strong verbal and written communication skills (in English), with proven ability to work across cultures and within a dynamic environment.
• Able to hold credible dialogue at all levels of the organisation, as well as with clients.
• Well organized, able to multi-task and balance competing demands.
• Can work in a collaborative environment, a faster learner and demonstrates a can do attitude.
Educational Qualification
• Graduates / Graduate calibre
• Sound knowledge of Risk and financial principles gained by qualification.
• Relevant language skills advantageous, but not required.
• Complete internationally recognised Climate Change Certification or internal equivalent within 6 months of start date or upon availability (if not available in this timeframe).
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Keyskills :
customer relationssalesinsurancequalitytechnical supportkeeping things simplestatic datahuman skillsdata servicesrisk analysislife insuranceclimate change