AVP – ESG Risks Management

Role Overview

• Coordinate the second line responsibilities of ESG Risks related Policies, Physical & Transition Risk Assessment, Measurement, Mitigation while maintaining regulatory compliance against ESG & Climate risk related regulations across Mashreq Network.
• Lead change management initiatives around ESG and Climate Risks related evolution on a global basis.
• Support Mashreq’s Net zero commitment and transition planning journey by enhancing maturity of ESG Risks related second line responsibilities.
• Embed climate risk and sustainability aspects into credit underwriting journey via policy enhancements to sustainable finance credit policy.
• Develop and maintain green & sustainable finance transactions framework aligned with regulatory guidelines and best practices while supporting a robust control environment around greenwashing risks.
• Develop and maintain climate risk appetite related qualitative and quantitative metrics, concepts and coordinate the governance of these via group wise risk appetite statement.
• Provide qualitative and quantitative risk management inputs towards ESG and Sustainability related disclosures like GRI, ESG Reporting, ISSB etc.
• Change management for ESG & climate risk related initiatives and automation projects in coordination with ESG team, One Data & Technology, External consultants and other stakeholders across three lines of defense.
• Support the internal & external capacity building initiatives via training and awareness program around ESG & climate risk.
• Coordinate & conduct of gap analysis, roadmaps and remediation plans for various ESG & climate risk related regulatory guidelines and associated regulatory submissions.

Requirements

• Graduate in Banking / Economic/ Financial discipline
• Professional risk management certifications related to climate risk or ESG like CFA/SCR/FRM/GRI is a must
• Three to five years of experience in ESG, Climate Risk, Sustainability discipline from a complex multinational financial institution is a must
• Familiarity and experience of risk management concepts of IFRS 9, RWA, ECL, Risk Appetite, Stress Testing, ICAAP etc. is must
• Strong analytical skills focused on assessing ESG risks for a financial institution from underwriting, assessing, measurement & mitigation
• Hands-on experience with Climate risk related tools like MSCI, PAT etc. will be preferred
• Familiarity with sustainability reporting frameworks (e.g. GRI, TCFD, ISSB, IFRS S2) and the ability to develop frameworks and policies based on regulatory requirements
• Excellent verbal and written communication skills, adept at collaborating with diverse stakeholders across business, risk, and support functions in dynamic, multicultural environments
• Arabic language will be a plus
• Well-organized and capable of managing multiple priorities while staying informed on the latest climate science, technology, policy developments across regional/global climate trends.

Benefits

• regular interaction and working relationship with risk management group
• collaboration with ESG & Sustainable finance team
• participation in credit management group
• engagement with auditors, regulators, and external consultants