Consultant - Climate Risk

Role Overview

This position involves providing expert advisory on risk management processes specifically for banks, with an emphasis on regulatory compliance, climate, and emerging risks. The role encompasses tasks such as model development, validation, and enhancement relating to risk, ESG, and climate-related exposures, as well as scenario and stress testing aligned with regulatory frameworks.

Key Responsibilities

• Advising on risk frameworks and management in banking institutions, including guidance on adherence to EU and national regulations such as CRR and EBA Guidelines, alongside assistance in calculating regulatory capital requirements.
• Creating, reviewing, and improving risk models connected to ESG and climate risk, managing methodologies, software implementation, validation, and correction of findings.
• Incorporating geopolitical and emerging risk factors into existing risk frameworks by identifying key drivers, developing evaluation methods, creating risk indicators, and embedding them within ICAAP/ILAAP, risk inventories and strategic risk areas.
• Designing and conducting scenario analyses and stress tests related to geopolitical tensions, supply chain challenges, technological disruptions, and macro-financial impacts.
• Formulating and refining transition plans that are risk-based and consistent with sustainability and ESG targets, factoring in regulatory expectations and macroeconomic and geopolitical influences.
• Executing comprehensive data analyses to inform risk appraisal, strategic initiatives and ESG issues, including emissions calculations and scenario data preparation.
• Evaluating geopolitical developments, sanctions, country and counterparty risks, and regulatory fragmentation, with assessments on impacts to portfolios, business models, and supply chains.
• Streamlining data workflows with automation to improve accuracy and efficiency in risk and ESG reporting and establishing solid data architectures for monitoring emerging risks.
• Developing early warning indicators combining external intelligence, quantitative data, and expert judgment to detect emerging and geopolitical risks.
• Providing actionable insights and recommendations rooted in data and risk trends that are aligned with regulatory, strategic, and ESG goals.
• Maintaining and advancing Excel-based tools ensuring data integrity and developing automated scalable data management workflows.