Market Risk / Climate Risk Manager

ZipRecruiter; London; Hybrid; GBP 90,000 - 110,000; Full time

Job summary

A leading financial institution is seeking a Climate Risk Analytics Manager to develop advanced methodologies for climate risk management. This role, based in London, offers the chance to influence global climate strategies within a collaborative and experienced team, along with a competitive salary and hybrid working conditions.

Benefits

Competitive salary and benefits package

Hybrid working environment

Strong work-life balance

Qualifications

• Expertise in physical risk modelling and climate science.
• Solid understanding of regulatory frameworks (IFRS 9).
• Experience in banking, consultancy, or rating agency.

Responsibilities

• Lead the modelling and quantification of climate risks.
• Develop and implement climate risk methodologies.
• Collaborate across teams to ensure compliance.

Skills

Climate Science

Physical Risk Modelling

Credit Risk Analytics

Python

Communication

Education

MSc or PhD in quantitative or technical discipline

Tools

R

SAS

MATLAB

Job description

Job Description

Climate Risk Analytics Manager – Permanent | London (Hybrid)

Salary: £90,000–£110,000 + Bonus + Benefits

Are you an expert in climate science or physical risk modelling? Do you want to apply your skills to help financial institutions understand and manage climate-related risks?

We are partnering with a leading financial institution seeking a Climate Risk Analytics Manager to join their senior analytics team. This is a key hire within a growing function, offering the opportunity to contribute to the development of advanced climate risk methodologies and models with global impact.

Key Responsibilities:

• Lead the modelling and quantification of physical climate risks.
• Act as the subject matter expert on climate science within the team.
• Develop and implement global climate risk methodologies across the business.
• Collaborate with teams across risk, business, and data to ensure alignment with scientific standards and regulatory requirements.
• Maintain oversight of model governance and internal controls.

Ideal Candidate Profile:

• MSc or PhD in a quantitative or technical discipline such as Climate Science, Physics, Statistics, Mathematics, Operational Research, or Computer Science.
• Strong experience in physical risk modelling and climate science.
• Solid understanding of credit risk analytics and wholesale credit products.
• Familiarity with PD, LGD, EAD modelling and regulatory frameworks such as IFRS 9 and/or stress testing.
• Proficient in Python (experience with R, SAS or MATLAB is also beneficial).
• Effective communicator with the ability to present complex ideas clearly to stakeholders.
• Background in banking, consultancy, advisory, or rating agency environments is advantageous.

Why Apply:

• Opportunity to shape and influence climate risk strategy at a global level.
• Work within a highly experienced and collaborative team.
• Hybrid working environment with strong work-life balance.
• Competitive salary and benefits package.

To discuss this role in more detail or apply confidentially, please get in touch.