Climate Risk Manager

OSB Group; Wolverhampton; Hybrid; GBP 50,000 - 60,000; Full time

Job summary

Join OSB Group as a Climate Risk Manager, a critical role focusing on risk management in relation to climate change. This position oversees the implementation of climate risk frameworks, ensures adherence to regulations like TCFD, and shapes strategies to mitigate climate risks, contributing to the sustainability efforts of the organisation. With a competitive salary and comprehensive benefits, you will play a key part in fostering equitable practices while supporting personal growth in a collaborative environment.

Benefits

Discretionary annual bonus opportunity

28 days annual leave plus bank holidays

Access to Private Medical Insurance and Medical Cash Plan

Hybrid working options

Cycle Purchase scheme

Technology Purchase scheme

Qualifications

• Previous experience in a Risk Manager role within financial services is essential.
• Understanding of banking regulations related to climate risk is desirable.
• In-depth knowledge of ESG frameworks and TCFD methodologies.

Responsibilities

• Coordinate climate risk management activities and ensure compliance with TCFD.
• Develop management information for ESG risk reporting.
• Maintain knowledge of climate risk regulations and manage interactions with regulatory bodies.

Skills

Climate risk management

Risk management methodologies

ESG principles

Analytical skills

Strong presentation skills

Job description

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Are you passionate about mitigating climate risk and ensuring sustainable business practices? OSB Group are seeking a dedicated Climate Risk Manager to spearhead our second line of defence activities. As a pivotal member of the team, you will oversee and coordinate all aspects of climate risk management, ensuring the seamless operation of key processes within our established framework. Join us in making a positive impact on the environment while contributing to the growth and resilience of our organisation. In this role you will lead the way in climate-conscious risk management at OSB Group.

About Us

The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.

Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.

Alongside passion for our products and customers, we're passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.

What you will be doing

In this role, you will have the opportunity to oversee and co-ordinate all second line of defence activity relating to Climate Risk, ensuring that the Climate Risk Management Framework continues to be embedded and key processes operated as designed.

Your responsibilities will include…

• Support the Head of Portfolio Credit Risk to ensure that the Climate Risk Management framework continues to be embedded and key processes operate as designed.
• Continue to assess reporting requirements for climate change and ensure all reporting requirements are adhered to including TCFD (Task Force on Climate-related Financial Disclosure) and subsequent evolutions.
• Ensure clearly defined Board and management responsibilities / accountabilities / governance for Climate Risk namely:
• A defined climate strategy (clear transparent measurable goals relevant to OSB’s businesses and risks and peer benchmarked)
• Ownership of the Climate Risk Action Tracker.
• Allocation of tasks from the list of Climate Risks and Opportunities.
• Rationalise, define and manage the links and hand-offs to other risk types like: Credit, Liquidity and Funding, Market, Solvency, Operational, Regulatory, Conduct, Strategic and Business, Financial Crime and Reputational Risks.
• Support interactions with regulatory bodies on all elements related to Climate Risk.
• Maintains a detailed knowledge of climate risk regulations and an awareness of broader banking regulations, market trends, competitor activity and products/services.
• Develop management information for ESG risk reporting to executive and Board, manage production of reports, and review outputs.

In return for your commitment

We offer a base salary dependent on experience of between £50,000 - £60,000 and a competitive benefits package including:

• Discretionary annual bonus opportunity of up to 15%
• 28 days annual leave plus bank holidays
• Access to Private Medical Insurance and Medical Cash Plan
• Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme

Could you be the one?

We are looking for talented individuals who have the experience and knowledge set out below:

• Previous experience working in a Risk Manager role within financial services is essential.
• Previous experience of risk management methodologies is essential.
• Previous experience of presenting to committees is essential.
• Previous experience of climate risk is desirable.
• Strong knowledge and understanding of banking regulations in relation to climate risk is desirable.
• Specialist knowledge and experience of banking processes, governance and documentation is essential.
• In-depth understanding of ESG principles, sustainability frameworks, and relevant regulations (such as TCFD) is essential.
• Specialist knowledge of risk methodologies including ESG risk assessments, developing risk mitigation strategies, and integrating sustainability into enterprise risk management processes is essential.
• Familiarity with industry-specific sustainability issues, trends, and best practices is essential.
• Excellent verbal and written communication skills are essential.
• Strong presentation skills are essential.
• Strong analytical skills to collect, interpret, and communicate ESG data and metrics effectively.

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

What to do next

If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply.

Alternatively, if you wish to have an informal and confidential chat please get in touch. Contact details can be found on our careers page.

If shortlisted from your initial application we operate a personalised recruitment process. Interviews are a two way street, we aim for them to be relevant and conversational to get the best out of you!

OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.

As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector.We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.

Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not just productive in an office and tied to the 9 to 5. Flexible-working opportunities are important for establishing a healthy work-life balance so if you see a role of interest we are happy to be asked about flexibility and explore together if we can make it work.

All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.

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About the team

Are you passionate about mitigating climate risk and ensuring sustainable business practices? OSB Group are seeking a dedicated Climate Risk Manager to spearhead our second line of defence activities. As a pivotal member of the team, you will oversee and coordinate all aspects of climate risk management, ensuring the seamless operation of key processes within our established framework. Join us in making a positive impact on the environment while contributing to the growth and resilience of our organisation. In this role you will lead the way in climate-conscious risk management at OSB Group.

About Us

The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.

Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.

Alongside passion for our products and customers, we're passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.

What you will be doing

In this role, you will have the opportunity to oversee and co-ordinate all second line of defence activity relating to Climate Risk, ensuring that the Climate Risk Management Framework continues to be embedded and key processes operated as designed.

Your responsibilities will include…

Support the Head of Portfolio Credit Risk to ensure that the Climate Risk Management framework continues to be embedded and key processes operate as designed.

Continue to assess reporting requirements for climate change and ensure all reporting requirements are adhered to including TCFD (Task Force on Climate-related Financial Disclosure) and subsequent evolutions.

Ensure clearly defined Board and management responsibilities / accountabilities / governance for Climate Risk namely:

A defined climate strategy (clear transparent measurable goals relevant to OSB’s businesses and risks and peer benchmarked)

Ownership of the Climate Risk Action Tracker.

Allocation of tasks from the list of Climate Risks and Opportunities.

Rationalise, define and manage the links and hand-offs to other risk types like: Credit, Liquidity and Funding, Market, Solvency, Operational, Regulatory, Conduct, Strategic and Business, Financial Crime and Reputational Risks.

Support interactions with regulatory bodies on all elements related to Climate Risk.

Maintains a detailed knowledge of climate risk regulations and an awareness of broader banking regulations, market trends, competitor activity and products/services.

Develop management information for ESG risk reporting to executive and Board, manage production of reports, and review outputs.

In return for your commitment

We offer a base salary dependent on experience of between £50,000 - £60,000 and a competitive benefits package including:

Discretionary annual bonus opportunity of up to 15%

28 days annual leave plus bank holidays

Contributory pension (8% employer 5% employee)

Life Assurance (4x salary) plus Group Income Protection

Access to Private Medical Insurance and Medical Cash Plan

Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme

Could you be the one?

We are looking for talented individuals who have the experience and knowledge set out below:

Previous experience working in a Risk Manager role within financial services is essential.

Previous experience of risk management methodologies is essential.

Previous experience of presenting to committees is essential.

Previous experience of climate risk is desirable.

Strong knowledge and understanding of banking regulations in relation to climate risk is desirable.

Specialist knowledge and experience of banking processes, governance and documentation is essential.

In-depth understanding of ESG principles, sustainability frameworks, and relevant regulations (such as TCFD) is essential.

Specialist knowledge of risk methodologies including ESG risk assessments, developing risk mitigation strategies, and integrating sustainability into enterprise risk management processes is essential.

Familiarity with industry-specific sustainability issues, trends, and best practices is essential.

Excellent verbal and written communication skills are essential.

Strong presentation skills are essential.

Strong analytical skills to collect, interpret, and communicate ESG data and metrics effectively.

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

What to do next

If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply.

Alternatively, if you wish to have an informal and confidential chat please get in touch. Contact details can be found on our careers page.

If shortlisted from your initial application we operate a personalised recruitment process. Interviews are a two way street, we aim for them to be relevant and conversational to get the best out of you!

OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.

As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector.We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.

Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not just productive in an office and tied to the 9 to 5. Flexible-working opportunities are important for establishing a healthy work-life balance so if you see a role of interest we are happy to be asked about flexibility and explore together if we can make it work.

All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.

Options

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