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Principal, Nature and Climate Risk Specialist

Posting Date: 01-Apr-2021

Location: London, GB

Company: EBRD

Requisition ID 20584
Office Country United Kingdom
Office City London
Division Risk and Compliance Group
Dept. / Bus. Group Environment & Sustainability
Business Unit NDEP
Contract Type Fixed Term
Contract Length 2 years
Posting End Date 22/04/2021 

Purpose of Job

 

The Principal Nature and Climate Risk Specialist will be responsible for implementing ESD contribution to EBRD’s assessment and reporting of climate risks as required by the recommendation of the Task Force on Climate-related Financial Disclosures (TCFD). This work will link to credit risk assessment and will feed into the Bank’s determination of whether investments align with the objectives of the Paris Agreement on Climate Change. The role will contribute to the development and implementation of assessment methodologies and will contribute to the preparation of EBRD’s annual TCFD report. The role will oversee day to day climate risk screening, advise ESD specialists on challenging projects and liaise with Risk Management, Energy Efficiency and Climate Change (E2C2) and Banking teams on project design and risk mitigation. The role will coordinate with other IFIs and private sector banks on emerging climate risk methodologies and best practice. The role will also coordinate EBRD’s involvement with the Taskforce for Nature-Based Financial Disclosure (TNFD), which aims to integrate nature-based risks and impacts with financial reporting.     

 

Accountabilities & Responsibilities

 

  • Overseeing climate risk work in ESD and liaising with other departments.
  • Developing tools, guidance and training for ESD specialists and banking teams.
  • Providing ESD input to EBRD climate risk analysis, scenario development, stress testing and reporting.
  • Guiding ESD lead specialists on challenging project climate risk assessments.
  • Contribute to planning, and formulating and managing due diligence approaches in line with the ESD Assurance processes and in liaison with Banking and other teams to ensure that projects are structured to meet the E&S Policy Performance Requirements and in line with the E&S Procedures, focusing on nature and climate risks.
  • Contribute to in-house due diligence or coordinate external consultants’ delivery of the E&S appraisal, and subsequent monitoring activities across a broad range of sectors, focusing on nature and climate risks.
  • Supporting the mainstreaming of TCFD approaches for EBRD clients.
  • Advising the EBRD’s Green Economic Transitions (GET) Clearing House on GET attribution for TCFD and climate corporate governance.
  • Providing ESD input to climate risk policy initiatives (NGFS, UNEP pilots, PRI, Policy Engagement).
  • Operationally leading the work of ESD Nature and Climate Risk Analyst.
  • Leading EBRD’s input to the Taskforce on Nature-based Financial Disclosure.
  • Lead the research and communication (including slide preparation) of climate and nature-related risk topics, as well as the knowledge management of these topics in ESD.
  • Provide and/or coordinate specialists' input to sector and country strategies/policies, papers or other initiatives.
  • Represent ESD, as required, at the technical/practitioner level at the OpsCom, Board, and other internal and external meetings with regulatory agencies, IFIs, project affected people, government officials and civil society organizations
  • Manage delivery of specific TC assignments or provide comments to the other teams’ TC work based on identified opportunities for broader Bank's policy dialog and E&S benefits creation at project, sector or country levels.

 

Knowledge, Skills, Experience & Qualifications

 

  • A postgraduate university degree in environmental economics, science, engineering or related field is highly desirable.
  • Demonstrable experience of working on climate risk assessment and reporting, or closely related activities.
  • Demonstrable track record in one or more of the following areas: (a) resource efficiency; (b) environmental services and industries; (c) climate change mitigation and/or adaptation; (d) natural capital and green infrastructure; gained for example through full-time employment in a relevant financial or governmental institution, regulator, consultancy/company, think tank or academia.
  • Track-record in assessing and managing climate risks.
  • Good knowledge of the requirements of TCFD and associated reporting.
  • Familiarity with the financial sector or credit risk management.
  • Understanding of environmental and social due diligence processes, including ESIA.
  • Familiarity with the EBRD region of operations will be an advantage.
  • Understanding of IFI's working environment, policies and procedures, and ability for organisational alignment.
  • Familiarity with biodiversity and natural capital financing will be advantage.
  • Familiarity with the aim and objectives of the TNFD will be an advantage.
  • An ability to manage multiple workstream and meet deadlines.
  • An ability to communicate technical information to non-technical specialist.
  • Proven analytical and quantitative skills.
  • Excellent interpersonal skills and ability to work effectively in teams as well as independently.
  • Effective time management and organisational skills and ability to multi-task without losing attention to detail.
  • Excellent written and oral communication skills in English. Knowledge of an additional language, which is either one of EBRD official languages or spoken in EBRD countries of operation, is an advantage.
  • Ability to plan and organise work unsupervised.
  • Practical programming skills in Visual Basic or other similar language will be an advantage.

Diversity is one of the Bank’s core values which are at the heart of everything it does.  A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities.  As an inclusive employer, we promote flexible working.


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