Job Summary

We are seeking a highly motivated and detail-oriented individual to join our team as a Climate Analyst. In this role, you will be responsible for completing the Climate Risk Questionnaire and Climate Risk Assessment by gathering all relevant data from trusted sources, disclosures, annual reports, and client engagement to provide analytical outcome of client’s risk and opportunities assessment for Credit Risk purposes.

Key Responsibilities

Business To provide insightful, relevant, succinct, and timely (see below) Climate Risk analysis of a portfolio of SCB’s clients (current or prospective). 

This includes responsibility for 
•    supporting the Field Account or Group Account Manager in preparing for Client discussions with respect to Climate Risk Questionnaire and Data gathering to enable accurate and informed assessments. Preparing client’s deck once required.
•    proposing means for addressing “Risk Triggers” raised as part of the previous reviews.
•    the role extends to analysing the portfolio across industry / geography as may be the focus from time to time 
Insightful: Attuned to the needs of two audiences – Client Coverage and Risk. The Climate Risk analysis should provide a current and forward-looking focused opinion on the Clients engagement and participation in the Climate Change agenda, considering the industry / geographic context together with a calibrated articulation of key Climate related risks and potential mitigants thereto. 

Relevant: As well as a holistic counterparty assessment, analysis should comment on elements relevant to SCB’s own Climate priorities e.g. “High emitting Sectors” to allow the Field Account or Group Account Manager to engage with the clients effectively.  

Succinct: While always providing sufficient granularity to substantiate its conclusions and observations, the analysis should present opinion in as structured and succinct a manner as is practical 

Timely: While focused on the prescribed annual review cycle, analysis will also be required where material new trigger events are being considered aligned to policies and standards. In addition, more summary analysis should be produced and disseminated quickly, where relevant

To support Business Credit Application (BCA) submission, it will involve the following: 

•    Timely completion of the Climate Risk Questionnaire (CRQ) and the associated Climate Risk Assessment (CRA) for integration with the BCA (where in scope)
•    Active partnership with Client Coverage (Credit Analysts) in completion of Risk Profile, as well as proposed Covenants and Risk Triggers related to Climate Risk
•    Whilst the overall accountability for consistency and coherence of the complete BCA package submitted to Risk will rest with Credit Analysis, the Climate Risk Team be responsible for addressing and/or responding to any questions or queries from Credit Officers with respect to Climate Risk.

Processes

Timely drafting of Climate Risk Questionnaire and Assessment in line with defined KPI’s to contribute completion of Credit Risk process:
•    Analyse the dynamics and nature of the Client’s industry, including key Climate Risk aspects
•    Analyse the management strength, experience and track record and corporate governance and Climate Risk disclosures
•    Articulation of the Client’s Climate Risk strategy and an assessment of its clarity and associated execution risks
•    Analyse Creditability of Client’s Transition Plan based on available disclosures
•    Analyse scoping criteria to conduct diligence descoping process
•    Assessment of clients current Climate Risk score, their past performance in meeting Climate related commitments and their future execution plans
•    Assessment of other pertinent risk aspects associated with Climate change, including country risk, parental and/or governmental linkage/support or policies.
•    Improving static data of clients e.g. Asset locations, mapping of new clients, modeling inputs and outputs to provide as accurate as possible analysis of client’s risks

People & Talent

•    Support Climate Analyst Team Lead and others in the team on ad hoc projects, strategic initiatives and exercises aimed at improving or enhancing the team’s activities
•    Continually strive to share key relevant knowledge and learnings with others across the team
•    Provide Climate Risk specific coaching to newer or less experienced members of the team

Regulatory & Business Conduct

•    Display exemplary conduct and live by the Group’s Values and Code of Conduct. 
•    Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

•    Group Account Managers, Relationship Managers, Field Account Managers
•    Credit Analyst/Heads (Country / Region)
•    Group Climate Risk (Global)
•    ESG Navigator platform Technology Team
•    Product partners
•    CDD, where relevant

External Relationships: 

•    Clients
•    Market Data Services providers i.e. S&P, CDP, Munich Re

Skills and Experience

Key requirements:

•    Analytical strength – to spot emerging risks, in particular forward-looking industry trends. Connect dots to build bigger picture and compose meaningful and analytical outcome of the analysis.
•    Gravitas and communication – to engage with Relationship Managers, Clients and Management alike could challenge in a constructive manner. 
•    Stakeholder engagement – to work in partnership with stakeholders to ‘get things done’, fulfilling the Job Purpose.
•    Teamwork – to smoothly cooperate with local and global team members – makers and checkers to build analytical summary of client’s risk and opportunities related to Climate Change agenda.

Experience & Skills:

•    Minimum of 2+ years’ relevant experience gained either in banking under risk profile or credit or climate risk
•    Strong analytical ability, focused on the assessment and calibration of Climate Risk
•    Familiarity with sustainability reporting frameworks and standards (e.g., TCFD, CDP, GHG accounting) for reporting climate-related risks and strategies
•    Understanding of how climate risks translate into financial risks (e.g., asset valuation, revenue impact) and experience integrating climate risk into financial models
•    Strong ability to provide meaningful and constructive feedback based on policy or guidance requirements
•    Strong verbal and written communication skills (in English), with proven ability to work across cultures and within a dynamic environment
•    Capacity to stay informed about the latest developments in climate science, technology, and policy, and adapt strategies accordingly
•    Able to hold credible dialogue at all levels of the organisation, as well as with clients
•    Well organized, able to multi-task and balance competing demands
•    Can work in a collaborative environment, a faster learner and demonstrates a “can do” attitude.

Educational Qualification

•    Graduates / Graduate calibre
•    Sound knowledge of Risk and financial principles gained by qualification
•    Relevant language skills advantageous, but not required
•    Complete internal Climate Change Certification within 6 months of start date or upon availability (if not available in this timeframe) 

Role Specific Technical Competencies

•    ESG regulations
•    Knowledge in climate related financial risks
•    Climate Models 

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.