✨ AI Summary
Emirates NBD is seeking a Manager Sustainability Risk, Climate & Nature for their Dubai, UAE office. This permanent, full-time 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 analysis and recommendations, identifying material ESG risks, and ensuring integration of sustainability considerations into credit assessment processes. Key responsibilities include calculating and monitoring financed emissions, conducting climate scenario analysis, assessing nature-related risks, and developing portfolio monitoring and reporting mechanisms. The role also entails supporting the implementation of sustainability risk policies, frameworks, and fostering stakeholder engagement across various departments.
Requirements
Conduct sustainability risk assessments for lending and financing transactions, reviewing environmental, social, climate, and nature-related risks. Support credit teams with analysis and recommendations, identifying ESG risks. Integrate sustainability into credit assessment processes and review borrower transition plans. Calculate and monitor financed emissions, support climate scenario analysis, and assess nature-related risks. Monitor sustainability risk exposures, analyze trends, and prepare reports for governance committees. Support implementation of sustainability risk policies, frameworks, and stakeholder engagement.
Description
JOB DESCRIPTIONSustainability Risk AssessmentConduct 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 IntegrationSupport 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 EmissionsCalculate 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 RiskAssess nature-related risks and dependencies across financing portfolios.Support implementation of recommendations from the Taskforce on Nature-related Financial Disclosures.Analyze biodiversity, water, land-use and ecosystem-related risks.Support development of nature-related risk metrics and reporting.Portfolio Monitoring & ReportingMonitor sustainability risk exposures across portfolios.Analyze 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 & ControlsSupport 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 EngagementWork 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.