Associate - Climate Risk - BFSI

Division : Global Risk

Function : Credit Risk

Qualification : Chartered Accountant (Rank holder or 1st Attempt pass), PGDM/MBA from top-tier Colleges

Role & Responsibilities:

- Working closely with CRM to implement the newly launched Climate Risk and ESG Framework in all existing processes including credit ratings, reporting, senior management MI, etc.

- Assessment of existing clients to assign credit ratings, this includes assessment of business, management and financial profiles and writing analytical credit reports

- Support initial climate risk-related due diligence for prospective trading clients

- Develop indicators and monitoring tools relevant to measure ESG performance and risk profile of the counterparty

- Support senior members in preparing analysis to be presented at committees

- Participate in periodic stress testing exercises, investigating exposure movements in stress scenarios

- Provide support and independently participate in global initiatives and projects undertaken to embed and enhance the Climate Risk and ESG Framework within the bank

Requirements:

- Professional degree holders such as CAs (Rank holder or 1st Attempt pass), MBAs from reputed institutes or CFA

- Prior experience in Credit analysis and assignment of credit ratings is a must. Experience in Climate Risk / ESG projects is preferable, and will be an added advantage

- Must have excellent communication skills - able to communicate clearly and succinctly, both verbally and in writing

- Ability to work in a global set-up, multi-tasking and handling several tasks and stakeholders independently

- Self-starter with the willingness to work hard and flexibly, in a rewarding environment

- Strong analytical skills and flexible thinking across disciplines.

Preferred:

- 3 to 5 years- experience in writing credit rating or research reviews for corporates, across sectors.

- GARP Sustainability and Climate Risk certification

- Experience in Risk & Sustainability, knowledge of global Climate Risk / ESG regulations and disclosures that banks are required to comply with

- Prior experience in working on global projects will be an added advantage

- Good understanding of derivative trades, credit exposure and legal documentation is desirable, should have the aptitude and willingness to learn derivatives if no knowledge or prior experience

- Basic modelling or analytics skills