Avp Climate Risk (uae National)

Abu Dhabi, United Arab Emirates

Job Description

Company DescriptionFAB, the UAE\'s largest bank and one of the world\'s most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry JOB PURPOSE:The role holder will closely work with the head of climate risk to develop and maintain best in class climate risk management framework. You will play a key role in integrating climate risk considerations into our operations, decision-making processes, and stakeholder engagement.The role will require interaction with business units, risk functions and the wider Group ESG but also external stakeholders such climate risk data vendors, and industry organizations to drive collaboration and alignment on ESG and climate risk related initiatives.You will develop and maintain climate risk models (scoring , stress testing ,etc.) and will be involved in the governance aspects around those models.KEY ACCOUNTABILITIES:Generic Accountability
  • In-dept understanding of FAB\'s ESG strategy and ambitions.
  • Contributing develop and implement FAB\'s ESG strategy
  • Facilitating awareness and capacity building on Climate risk management within the Bank.
  • Data and quantitative expertise
  • Good understanding market trends, stats etc.
  • Strong communication skills
  • Good understand of organisational implementation and procedures and processes.
Job Specific AccountabilitiesModel Development & Maintenance
  • Develop and maintain climate risk measurement tools e.g., scoring and stress testing tools.
  • Establish and review methodologies to quantify physical and transition risk.
  • Take ownership of the documentation of climate risk model developments
  • Oversee the implementation of climate risk models.
  • Support the continuous improvement of existing models.
  • Review international guidelines/regulation/best practice for climate risk.
  • Enhance FAB\'s climate risk related capabilities.
  • Analysis climate data with a critical eye.
  • Proactive approach to reporting and logging data related issues.
  • Lead initiative to identify and assess potential data vendors to fill existing data gaps.
Governance
  • Support the development climate risk frameworks.
  • Take ownership of regular updates and revision on climate risk frameworks.
  • Support the internal model governance including model validation and various model approval forums/committees.
Stakeholder Management
  • Partner with Heads of Business to support in integrating climate risk into their business strategy.
  • Develop and maintain good working relationships with all internal and external stakeholders (e.g. data vendors).
  • Senior Management support on ESG related matters (e.g. Net Zero Banking Alliance, Committees, etc.)
  • Support the onboarding key ESG-related partnerships to strengthen FAB\'s external position.
Job ContextSpecific Accountability
  • Analytical and problem-solving skills, with the ability to interpret data and make recommendations.
  • Critical eye and attention to details.
  • Self-Starter
  • Ability to proactively solve identified issues.
#LI-SD1QualificationsMinimum Qualification
  • Must have Bachelor degree but ideally a Master in Business Administration, Economics Econometrics, Data Mining or Science, or any other relevant finance degree or diploma.
  • Demonstrated understanding of risk management.
  • Quantitative mindset and experience with working with data.
  • Demonstrated expertise and understanding of ESG through prior experience and / or relevant certifications.
  • Relevant professional certifications such as CFA, FRM, or climate risk, sustainability-related credentials would be an advantage.
Minimum Experience
  • 5 years+ experience working with analytics in a financial organization, large company, university or government body such as central bank, regulator etc.
  • Experience in handling and analysing data.
  • Coding (any programming language) / Excel.
  • Experience in stakeholder management.
  • Demonstrated experience in project management.
  • Prior experience in risk modelling would be an advantage.
  • Prior experience/exposure to ESG topic would be an advantage.

First Abu Dhabi Bank

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Job Detail

  • Job Id
    JD1680864
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Abu Dhabi, United Arab Emirates
  • Education
    Not mentioned