VP- Climate Risk Analytics

Job Purpose

Under the Global head of ESG Risks, the role is responsible for strategic ownership and oversight of climate risk model development, analytics, and integration into ICAAP and stress testing exercises. The resource will lead the analytics efforts on a group wide basis in embedding climate related analytics into credit risk, liquidity risk, stress testing, capital planning (ICAAP), and senior management decision making, in line with home & host countries regulatory expectations and industry best practices.

Key Result Areas

• Provide hands-on experience in climate risk analytics, including physical and transition risk assessment, scenario analysis, stress testing and integration of climate risk into credit risk, liquidity risk, capital and stress testing frameworks.
• Own and deliver hands on quantitative climate risk analytics, including Physical and transition risk modelling, Climate scenario analysis, Portfolio level vulnerability and loss assessment.
• Ensure climate risk impacts are explicitly translated into financial risk metrics, including PD, LGD, ECL under IFRS 9, capital consumption, and risk weighted assets, where applicable.
• Lead climate scenario analysis and stress testing exercises, including the application of NGFS or equivalent scenarios and their translation into financial, capital, and concentration risk impacts (PD/LGD/ECL, capital, concentration risk).
• Lead and coordinate cross functional initiatives spanning Risk, Business, Finance, Treasury, Technology, and external vendors or consultants.
• Partner closely with Business Lines, Credit, ERM, Finance, Treasury, Compliance, and ESG teams to bridge technical climate analytics with business impact, capital considerations, and strategic decision making.
• Engage confidently with regulators, internal audit, and model validation teams on climate risk methodologies, assumptions, findings, and governance.
• Support in building climate risk capacity within Risk Analytics through mentoring, technical guidance, and knowledge transfer.
• Coordinate in creating strategic directions for climate related data sourcing, quality standards, and analytical tooling.

Operating Environment, Framework and Boundaries, Working Relationships

Regular interaction and working relationship with

• Risk management group
• Credit Management Group
• Enterprise risk management, MRM, Market Risk, Retail Risk, RSG
• ESG & Sustainable finance team
• First line functions

Interaction with external stakeholders such as:

• Regulators
• External Auditors
• External Consultants

Problem Solving

• Apply strong analytical judgement to solve complex climate risk related credit risk liquidity risk, capital and stress testing impact issues arising from diverse portfolios and asset classes.
• Review and approve analytical outputs prior to presentation to senior management, Board committees and regulatory submission.
• Well versed with modeling, coding, query languages, reporting visualization tools like Power BI, etc.
• Ability to critically assess methodologies, challenge assumptions, and balance technical rigor with pragmatic implementation.
• Proactive in maintaining robust documentation, audit trail, and model risk management standards.

Decision Making Authority & Responsibility.

• Primary senior point of accountability for climate risk analytics in all related regulatory submissions.
• Lead engagement with regulators, internal audit, and model validation teams on climate risk methodologies, findings, and remediation actions.
• Ensure climate risk analytics meet regulatory expectations, supervisory guidance, and internal governance standards.

Knowledge, Skills and Experience

• Master's degree (or equivalent) in Climate Science, Environmental Economics, Sustainable Finance, Risk Management, Finance, Economics, Statistics, Data Science, or a related quantitative discipline.
• Professional risk management certifications related to climate risk (GARP SCR) and FRM/CFA will be an advantage. FRM is Highly desirable
• More than 10 years of experience in risk management, risk analytics, stress testing, capital planning, or regulatory risk roles within a financial institution, regulator, or major consulting firm, with demonstrated focus on climate related financial risk in recent years
• Deep understanding of climate related financial risks and their transmission into credit risk, capital, and financial performance with strong background in risk analytics, stress testing, capital planning, and portfolio risk management.
• Sound knowledge of IFRS 9, ICAAP, Basel frameworks, and model governance practices.
• Strong executive level communication and presentation skills, with the ability to translate complex analytics into actionable insights.
• High degree of ownership, accountability, and judgement.
• Strong stakeholder influence, negotiation, and decision-making capability.