AVP- Climate Risk

JOB PURPOSE:

The role holder will closely work with the head of climate risk to develop and maintain best in class climate risk management framework. You will play a key role in integrating climate risk considerations into our operations, decision-making processes, and stakeholder engagement.

The role will require interaction with business units, risk functions and the wider Group ESG but also external stakeholders such climate risk data vendors, and industry organizations to drive collaboration and alignment on ESG and climate risk related initiatives.

You will develop and maintain climate risk models (scoring , stress testing ,etc.) and will be involved in the governance aspects around those models.

KEY ACCOUNTABILITIES:

Generic Accountability

• In-dept understanding of FAB s ESG strategy and ambitions.
• Contributing develop and implement FAB s ESG strategy
• Facilitating awareness and capacity building on Climate risk management within the Bank.
• Data and quantitative expertise
• Good understanding market trends, stats etc.
• Strong communication skills
• Good understand of organisational implementation and procedures and processes.

Job Specific Accountabilities

Model Development Maintenance

• Develop and maintain climate risk measurement tools e.g., scoring and stress testing tools.
• Establish and review methodologies to quantify physical and transition risk.
• Take ownership of the documentation of climate risk model developments
• Oversee the implementation of climate risk models.
• Support the continuous improvement of existing models.
• Review international guidelines/regulation/best practice for climate risk.
• Enhance FAB s climate risk related capabilities.
• Analysis climate data with a critical eye.
• Proactive approach to reporting and logging data related issues.
• Lead initiative to identify and assess potential data vendors to fill existing data gaps.

Governance

• Support the development climate risk frameworks.
• Take ownership of regular updates and revision on climate risk frameworks.
• Support the internal model governance including model validation and various model approval forums/committees.

Stakeholder Management

• Partner with Heads of Business to support in integrating climate risk into their business strategy.
• Develop and maintain good working relationships with all internal and external stakeholders (e.g. data vendors).
• Senior Management support on ESG related matters (e.g. Net Zero Banking Alliance, Committees, etc.)
• Support the onboarding key ESG-related partnerships to strengthen FAB s external position.