Senior Assistant Vice President - ESG/Climate Risk/Nature Risk - Financial Industry

Senior Assistant Vice President - ESG/Climate Risk/Nature Risk

Responsibilities:

- Minimum 5-10 years of experience of financial model validation/development experience in Risk Management.

- Experience with strong statistical modelling software / programming language e.g., Python, SAS, R, VBA, MATLAB

- Experience of developing and reviewing models throughout the customer lifecycle.

- Experience of presenting recommendations to Senior Management.

- Experience of conducting independent model reviews.

Qualifications:

- Candidate should have experience of quantitative and qualitative research with focus on ESG and Climate Risk model validation. This covers ESG and Climate Risk models including Climate Change simulation models, counterparty-level transition & financial models, nature hazard models, physical risk models, climate scenario models, emission pathway models and ESG scorecards across various lines of business.

- Candidate should be able to assess model design, assumptions and limitations. Formulate independent opinions with respect to inherent model risks and implications in its use cases.

- Candidate should have worked on Credit (retail or wholesale) or market risk model validation. Candidate should have basic understanding of different banking portfolios such as Credit Cards, Mortgage, PIL, Corporate, NBFI etc. He/she should be able to validate models used for different regulatory perspective such as OCC/FRB, EBA Guidelines and PRA regulations.

- Candidate with climate model risk knowledge and/or certification like GARP SCR will be preferred.

- Enthusiasm for proactively seeking, exploring and developing use cases for new data and/or tools/wider industry trends

- Candidate should be able to go through vast range of documentation and come up with concise set of questions highlighting model risk in the model.

- Excellent written and verbal communication skills. Ability to develop and effectively communicate complex concepts and ideas.

- Detailed knowledge of Risk models, performance metrics and risks and associated issues.

- Detailed knowledge of internal procedures and local regulations and those of other country regulators would be an advantage