Environmental and Social Risk Management - Vice President

Citigroup Inc.; London; Hybrid; GBP 150,000 - 200,000; Full time

Job summary

A global financial services firm in London is seeking a Vice President for Environmental and Social Risk Management. The role involves reviewing transactions for potential ESG risks, advising on policy requirements, and supporting training initiatives. Candidates should have relevant experience in the financial sector or environmental consultancy, along with knowledge of ESG trends. This full-time position offers a hybrid work model and competitive benefits including generous leave and a performance-related bonus.

Benefits

Generous holiday allowance

Discretionary annual performance-related bonus

Private medical insurance

Employee Assistance Program

Pension Plan

Paid Parental Leave

Employee discounts

Access to learning and development resources

Qualifications

• Relevant experience in financial sector, environmental consultancy or related work.
• Familiarity with international environmental and social finance or industry standards.
• Ability to handle multiple projects autonomously in a high-performance environment.

Responsibilities

• Review transactions for potential environmental and social risks.
• Advise on ESRM policy requirements.
• Support ESRM training of bankers and risk managers.

Skills

Project management

Knowledge of ESG and sustainability trends

Advising on environmental and social risks

Education

Bachelor's/University degree in sustainability, environmental science, business or finance

Master's degree preferred

Job description

The Environmental and Social Risk Management (ESRM) Vice President role for UK/EU is part of Citi’s Global Environmental and Social Risk Management team within Citi’s Sustainability & ESG (Environmental, Social and Governance) organization. The ESRM team reviews client activities in industries and transactions with potential environmental and/or social risks (e.g., oil and gas, mining, power, infrastructure, transportation, and agribusiness) and implements the Citi Environmental and Social Risk Policy Framework.

The Vice President role will be based in the Citi London office and report to the Global Head of ESRM in Citi’s New York headquarters.

The key responsibility is reviewing transactions covered by the Citi ESRM Policy for European clients and European export credit agency transactions. As part of the global ESRM team, the VP will gain exposure to Citi’s global footprint and may support other clients and transactions globally as needed, including occasional international travel to project sites where environmental and social due diligence or monitoring occurs. The role will work closely with Citi’s London-based Director of Sustainability for UK, Europe, Middle East & Africa to respond to regulatory inquiries regarding emerging regional expectations related to greenwashing, ESG and other environmental and social risk management factors.

ESRM operates within Citi’s Sustainability & ESG team, which is responsible for the development and execution of Citi’s Sustainable Progress Strategy, Net Zero Plan and related initiatives. The team manages environmental, climate change, human rights and other stakeholder and business issues in partnership with Citi's businesses, risk functions and operational teams.

What you’ll do

• Review proposed financing transactions in sectors such as metals and mining, oil and gas, forestry, agribusiness, and power for potential environmental and social risks.
• Advise on ESRM policy requirements to align with internal policy and international standards for successful loan syndication.
• Focus on transactions for European Export Credit Agencies financing projects globally, benchmarking against international environmental and social standards.
• Support the development of ESRM policy-related procedures and guidelines.
• Join client calls and meetings to discuss environmental and social risks and advise on meeting international ESRM standards.
• Provide advice to bankers and help develop governance structures for emerging sustainable finance products.
• Leverage third-party ESG data platforms and conduct corporate- and portfolio-level reviews of high-risk sectors to identify clients with elevated risk.
• Support ESRM training of bankers and risk managers.
• Support Citi Europe regulatory implementation efforts on climate/environmental/ESG risk management where ESRM input is required.
• Keep up to date with evolving UK/European ESG-related regulations.
• Maintain flexibility to work across the team according to ESRM priorities, with an expected focus of approximately 50% on Citi Europe/UK, including Export Finance Agency due diligence support, ESG regulatory response and policy development/deployment needs.
• Work closely with key banking units and strategic sustainability partners in the region.

What we’ll need from you

• Relevant experience in the financial sector, industry (e.g., oil & gas, mining, agribusiness), environmental consultancy or related work.
• Knowledge of major global environmental and sustainability trends.
• Familiarity with international environmental and social finance or industry standards such as the Equator Principles, IFC Performance Standards, UN Guiding Principles on Business and Human Rights, Roundtable on Sustainable Palm Oil, ICMA Green Bond Principles, etc.
• Strong project management skills with the ability to handle multiple projects autonomously in a high-performance environment, with tight deadlines and shifting priorities.

Education

Bachelor's/University degree; Master’s degree preferred, in sustainability, environmental science, business or finance.

What we can offer you

We work to have a positive financial and social impact on the communities we serve. Citi places employees first and provides competitive benefits to help you be well, live well and save well.

By joining Citi London, you will be part of a business-casual workplace with a hybrid model (up to 2 days working from home per week), plus a competitive base salary (reviewed annually) and a range of benefits such as:

• Generous holiday allowance starting at 27 days plus bank holidays, increasing with tenure
• Discretionary annual performance-related bonus
• Private medical insurance packages
• Employee Assistance Program and Pension Plan
• Paid Parental Leave
• Employee discounts
• Access to learning and development resources
• Commitment to an inclusive workplace where everyone can be their whole self

Sounds like Citi has everything you need? Apply to discover the true extent of your capabilities.

Citizenship and equal opportunity: Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law. If you require a reasonable accommodation to use our tools or apply for a career opportunity, review Accessibility at Citi. View Citi’s EEO Policy Statement and Know Your Rights poster.

Job Family Group: Risk Management

Job Family: Enterprise Risk

Time Type: Full time