Climate Risk Specialist (SME – Scenario Modelling & Stress Testing)

Job Duties And Responsibilities

• Framework Development & Integration
• Lead the design, enhancement, and implementation of climate risk management frameworks, integrating both physical and transition risks into bank-wide risk processes.
• Ensure frameworks align with Basel IV, IFRS 9, TCFD, NGFS, and other leading regulatory and industry standards.
• Risk Identification, Assessment & Modeling
• Identify, assess, and quantify climate-related risks across credit, market, and operational risk domains.
• Develop and execute advanced climate scenario analyses and stress tests, leveraging both deterministic and stochastic approaches.
• Build and validate credit risk models (PD, LGD, EAD) and valuation models for both equity and debt portfolios, incorporating climate risk factors.
• Apply financial modeling techniques to assess the impact of climate scenarios on balance sheets, P&L, and capital adequacy.
• Data Science & Analytical Tools
• Design and deploy sophisticated analytical tools using Python and other programming languages for data manipulation, modeling, and visualization.
• Integrate AI / ML techniques to enhance predictive accuracy and scenario analysis capabilities.
• Regulatory Compliance & Stakeholder Engagement
• Serve as the in-house expert on climate-related financial regulations, ensuring full compliance with global and local requirements.
• Prepare regulatory submissions, respond to queries, and maintain proactive engagement with regulators.
• Collaborate with business units (credit, market risk, corporate banking) to embed climate risk into daily decision-making.
• Reporting, Disclosure & Thought Leadership
• Oversee the preparation of high-quality internal and external climate risk reports and disclosures for senior management, boards, investors, and regulators.
• Communicate complex climate risk concepts in a clear, actionable manner to diverse stakeholders.
• Stay at the forefront of climate science, sustainable finance, and regulatory trends, driving continuous improvement and innovation.

Requirements Experience, Qualifications And Skills

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Skills Required

Ml, Sas, Ai, valuation modeling , Financial Modeling, Stress Testing, Matlab, scenario analysis, Data Analysis, Python