✨ AI Summary
Emirates NBD is seeking a Manager Sustainability Risk, Climate & Nature for their UAE-based team. This role involves conducting comprehensive sustainability risk assessments for lending and financing transactions, focusing on environmental, social, climate, and nature-related risks. The Manager will support credit teams by providing detailed risk analysis and recommendations, identifying material ESG risks impacting borrower performance, and escalating significant concerns. Key responsibilities include integrating sustainability into credit assessment, calculating and monitoring financed emissions, assessing nature-related risks and biodiversity impacts, and developing portfolio monitoring and reporting mechanisms. The position also entails supporting governance and controls, ensuring compliance with policies, and engaging with internal and external stakeholders. This is a full-time, permanent position for a UAE National.
Requirements
The role requires conducting sustainability risk assessments for lending and financing transactions, reviewing environmental, social, climate, and nature-related risks, and supporting credit teams with analysis and recommendations. Integration of sustainability considerations into credit assessment processes, calculation and monitoring of financed emissions, and assessment of nature-related risks are also key responsibilities. The candidate will be responsible for portfolio monitoring and reporting, supporting governance and controls, and engaging with various stakeholders.
Description
Key Responsibilities JOB DESCRIPTION Sustainability Risk Assessment Conduct sustainability risk assessments for lending and financing transactions. Review environmental, social, climate and nature-related risks associated with clients and projects. Support credit teams by providing sustainability risk analysis and recommendations. Identify material ESG risks that may impact borrower performance or credit quality. Escalate significant sustainability and reputational risks where appropriate. Maintain sustainability risk assessment records and supporting documentation. Credit Risk Integration Support integration of sustainability considerations into credit assessment processes. Assist with development of sector-specific sustainability risk guidance. Review borrower transition plans and climate-related commitments. Monitor sustainability-related covenants and financing commitments. Work with Credit Risk teams to improve sustainability risk assessment methodologies. Climate Risk & Financed Emissions Calculate and monitor financed emissions using methodologies from the Partnership for Carbon Accounting Financials. Support collection and validation of emissions and sustainability data. Conduct financed emissions analysis and portfolio reporting. Support climate scenario analysis and portfolio alignment assessments. Track progress against emissions reduction targets. Nature & Biodiversity Risk Assess nature-related risks and dependencies across financing portfolios. Support implementation of recommendations from the Taskforce on Nature-related Financial Disclosures. Analyse biodiversity, water, land-use and ecosystem-related risks. Support development of nature-related risk metrics and reporting. Portfolio Monitoring & Reporting Monitor sustainability risk exposures across portfolios. Analyse sector, geography and client-level sustainability risk trends. Develop dashboards and management information reports. Prepare reports for sustainability and risk governance committees. Support regulatory, investor and internal sustainability reporting requirements. Governance & Controls Support implementation of sustainability risk policies, frameworks and procedures. Assist with governance committee administration and reporting. Monitor compliance with sustainability-related requirements and controls. Support internal audits, assurance reviews and regulatory examinations. Track sustainability-related regulatory developments and market practices. Stakeholder Engagement Work closely with Credit Risk, Relationship Management, Sustainability and Compliance teams. Provide sustainability risk guidance and training to business stakeholders. Support engagement with external consultants, auditors and industry bodies. Contribute to sustainability initiatives and projects across the Bank.