Operational Risk Management Specialist

4 weeks ago


New York, New York, United States Michael Page Full time
About the Role

As an Operational Risk Management Specialist, you will play a key part in advancing the Sustainability Ecosystem and One Platform. Your expertise in climate risk modeling will be instrumental in developing and incorporating climate risk models and metrics into the Platform. You will design methods for integrating climate risks into various risk categories, using qualitative and quantitative analyses and scenario evaluations. Additionally, you will support the development of climate scenario analysis and stress testing methodologies, and incorporate them into business processes. Your work will also involve refining methodologies and calculations for financed emissions, as well as aiding in the creation and integration of sustainability and climate risk scorecards into the Platform. You will work closely with stakeholders to support the design, coordination, and execution of a comprehensive climate risk management framework.

Requirements

BA/BS in business, finance, economics, or other quantitative fields; advanced degree is a plus. Minimum of 3 years of experience in climate risk modeling within consulting, banking, investment management, or ESG rating industries. Proficient in Python/R and SQL; PowerBI experience is a plus. Strong understanding of sustainability and climate risk identification, taxonomy, and mapping. Experience with climate risk transition scenario analysis and integration into credit models (PD/LGD/ELs) and physical climate scenario analysis, including heat maps and business process integration. Knowledge of climate risk assessment model scorecards. Experience in developing metrics for sustainability and climate risk.

What We Offer

A competitive compensation package, salary + bonus. A hybrid work schedule. Must be authorized to work in the United States.

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