Manager, Climate Risk and Sustainability, Asia - Kuala Lumpur, Malaysia - Standard Chartered Bank

    Standard Chartered Bank
    Standard Chartered Bank Kuala Lumpur, Malaysia

    2 weeks ago

    Standard Chartered Bank background
    Full time
    Description

    Role Responsibilities

    The purpose of the role is to support the Lead for Climate Risk and Sustainability for Asia in implementing the Climate and Sustainability Risk Management Framework for the countries in Asia's and in meeting specific local regulatory requirements and engagement with key regulators in Asia.

    Responsibilities

    Strategy

  • Support the rollout and implementation of Climate Risk and Sustainability Framework in Asia, particularly focussed on integration of climate risk and sustainability into the existing risk systems and/or processes, particularly around reporting and stress testing / scenario analysis.
  • Focus on execution while being innovative, ability to take accountability and find ways to be part of the solution even when identifying problems.
  • Support continuous training initiatives for both the 1st line and 2nd line to ensure climate risk and sustainability embedding into BAU risk management in Asia Region.
  • Work closely with Group Climate Risk and Sustainability team to ensure design, scoping and policy to ensure embedding of climate risk into BAU risk management.
  • Business

  • While being focussed on climate risk assessment, keep a 'think client' hat in any risk developments; consider how the risk assessments contribute to helping the clients build a more resilient business model.
  • Broad awareness and understanding of the bank's business model and risk profile.
  • Strong understanding of the bank's climate risk stress testing and scenario analysis approach, and wider stress testing and scenario analysis capabilities and existing processes.
  • Processes

  • Evaluate relevant existing controls and contribute to designing new controls as required.
  • Risk Management

  • Support the Group's aspiration on reputational and sustainability risk management and internal management scenarios and climate stress testing and scenario analysis
  • Governance

  • ·Train up on climate risk and sustainability and support the Lead for Climate Risk and Sustainability for Asia in acting as the Single Point Of Contact ("SPOC") between the region and group on such matters.
  • ·Drive regional discussions and local discussions, respond to local regulatory requests and help drive the local risk perspectives in Group discussions
  • ·Provide insights on the climate risk MI with business leads and RFOs, including drafting commentary to support the climate Risk MI
  • ·Coordinate local deliverables for local stress testing exercises, such as interpretation and local governance, including any management adjustments to the modelled results based on local management's views in with support from the Group
  • Regulatory, audit and disclosure-related activities:

  • Support the Asia CRO and CCROs in responding to local regulatory requests, working with the Group Climate Risk and Sustainability team as necessary
  • Support the Asia CRO and CCROs in any independent audit activities related to climate risk and sustainability in the region
  • Support the Asia CRO and CCROs in any relevant internal or external disclosures or engagement with industry-wide forums
  • Regional-specific activities:

  • Champion the climate risk and sustainability policy and process rollout in the Asia region
  • Represent the needs of Asia risk teams, work with Group team to prioritise delivery
  • Identify Asia climate risk training needs, and work with the Group Climate Risk team to ensure these are met
  • MI-related activities:

  • Provide region-specific commentary for climate risk reporting to regional risk committees
  • Coordinate any follow up action from the risk committees locally (including any action needed from regional / local first line or second line colleagues)
  • Stress testing and scenario analysis-related activities:

  • Raise local regulatory scenario analysis needs with Group climate risk team, and ensure there is a plan in place to meet regulatory requirements
  • Coordinate and project manage local regulatory climate risk scenario analysis with stress testing teams, local RFO teams and Group climate risk team
  • Coordinate local governance on scenario analysis results, facilitating local management discussions and any adjustments
  • Coordinate any follow up actions from local regulatory climate risk stress tests
  • Share insights on process improvements and continuous feedback loop to enhance Group processes
  • Regulatory & Business Conduct

  • Display exemplary conduct and live by the .
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Key Stakeholders

    Our Ideal Candidate

    Qualifications

  • Bachelor's or Master's degree in a quantitative field such as mathematics, statistics, finance, or a related discipline
  • Knowledge of Sustainability and Climate Risk are added advantage
  • Pervious experience in sustainability roles or credit reporting in the financial sector
  • Training, licenses, memberships and certifications

    Role Specific Technical Competencies

  • Ability to work independently and collaboratively with cross-functional teams
  • Strong analytical, communication and project management skills
  • Mandarin speaking a plus