At a Glance
- Tasks: Contribute to climate risk methodologies and support data analysis for impactful decision-making.
- Company: Join a pioneering international organisation focused on sustainability and innovation.
- Benefits: Enjoy a hybrid workplace, competitive benefits, and a culture that values diversity and inclusion.
- Other info: Collaborate with experts across sectors and gain insights into global climate policies.
- Why this job: Make a real difference in climate finance while developing your skills in a dynamic environment.
- Qualifications: Degree in Finance or Environmental Science; experience in financial risk assessments preferred.
The predicted salary is between 45000 - 55000 £ per year.
The Associate contributes to the delivery of the Climate Risk team's responsibilities by applying prior experience to refine and interrogate the development of internal databases, data structures, and procedural frameworks. They bring insight and judgment to support improvements in how they are developed and used. The Associate also contributes to the refinement of climate risk methodologies, supports the drafting of policy-related content, participates in climate scenario analysis and stress testing activities, and prepares presentation materials suitable for senior audiences.
With stronger foundational knowledge, they work with ownership across routine and moderately involved tasks, supporting the team's consistent high-quality delivery of objectives.
The Climate Risk team is a specialist second-line function of strategic importance, established to advance the Bank's institutional objectives on climate risk and contribute to the delivery of its broader green ambition. The team has a central role in shaping and embedding the Bank's strategic direction on climate-related financial risks, ensuring these are integrated into the Bank's activities, risk culture, and decision-making frameworks.
Key areas of the climate risk team include:
- Establish and refine climate risk methodologies and frameworks, ensuring alignment with industry best practices and evolving regulatory standards.
- Define and implement the governance structures for climate-related financial risk assessments, supporting robust oversight and accountability.
- Oversee the integration of climate risk considerations across project appraisal, portfolio management, and enterprise risk governance processes.
- Deliver scenario analysis and climate stress testing, providing strategic insights to inform portfolio-level and institutional decision-making.
- Prepare climate-related financial disclosures, ensuring consistency with regulatory requirements.
- Drive internal and external capacity building, including engagement with regulators and peer institutions to advance climate risk understanding and collaboration.
Accountabilities & Responsibilities:
- Methodologies, Data & Procedures: Make meaningful contributions to the refinement of climate risk and financial-related sustainability risk methodologies, ensuring outputs are clear, practical, and fit for purpose.
- Governance, Controls & Assurance: Provide input into strengthening internal controls and governance practices, producing outputs that are well-structured and compliant with assurance requirements.
- Financial Risk Review & Credit Support: Contribute informed input to the development of climate risk sensitivities/stress testing, ensuring outputs are relevant and useful for credit assessment.
- Stakeholder Collaboration & Influence: Engage in discussions with stakeholders and provide fit-for-purpose summaries of issues, comments, and agreed actions.
- Communication, Presentations & Training: Contribute to the development of materials for senior audiences, ensuring they are well-structured, clear, and fit for purpose.
- Project Management & Delivery: Contribute to project workstreams with structured, fit-for-purpose inputs, supporting the achievement of project goals.
Knowledge, Skills, Experience & Qualifications:
- Degree in Finance, Economics with some focus in Environmental Science or Sustainability, or equivalent experience.
- Relevant working experience with financial risk assessments and interrogating financial models.
- Working knowledge of financial-related sustainability risk approaches and international frameworks.
- Strong analytical and quantitative capabilities, including proficient use of Excel.
- Experience supporting or applying climate scenario analysis frameworks to projects or portfolios.
- Strong writing and communication skills aligned with executive communication expectations.
- Ability to infer task requirements with limited context, using sound judgment.
- Extremely hard-working and delivery-oriented, with a strong sense of ownership and accountability.
- Strong interpersonal skills, with the ability to work across functions and influence peers and stakeholders constructively.
Diversity is one of the Bank's core values which are at the heart of everything it does. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their background.
Associate, Climate Risk (London, GB) employer: EBRD
The EBRD in Greater London is an exceptional employer, offering a dynamic hybrid work environment that fosters diversity and inclusion. Employees benefit from a strong commitment to professional development, with ample opportunities for growth within the financial services sector, all while contributing to a meaningful mission of enhancing operational risk governance across the organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Associate, Climate Risk (London, GB)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like EBRD. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate, Climate Risk (London, GB)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to EBRD.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on EBRD's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at EBRD
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with EBRD.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at EBRD will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former EBRD employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
