Risk Manager (ESG & Climate Risk) - ESG Risk and Oversight

The Bank of East Asia (BEA); Hong Kong; On-site; HKD 700,000 - 900,000; Full time

Job summary

The Bank of East Asia (BEA) in Hong Kong seeks an ESG and Climate Risk professional to embed ESG and climate risk into BEA's risk management framework, supporting the Risk Management Division in transitioning to a low-carbon economy.

You will integrate ESG into risk appetite, conduct scenario analyses, coordinate climate risk initiatives, advise business units on green finance, and prepare MIS reports while liaising with regulators and auditors.

Qualifications

• Bachelor's degree or above in Business Administration, Statistics, Environmental Science or other risk-related field; HKIB qualification is a plus.
• 3-5 years of banking or financial institution experience.
• Experience in financial analysis, accounting, credit assessments, modelling, data analytics and visualization; sustainability experience is a plus.
• Clear written and verbal communication; strong analytical and influencing skills.
• Ability to process large volumes of complex, evolving information and synthesize key themes.

Responsibilities

• Integrate ESG and climate risk into BEA's risk management framework including risk appetite, ERM, scenario analysis and climate risk strategy.
• Act as liaison for climate risk management, green/sustainable finance, ESG reporting, and risk analytics within Risk Management.
• Collaborate with risk controllers to enhance methodologies, systems/tools, and data quality for ESG and climate risk management.
• Advise business units on green/sustainable finance product development, ESG risk assessments, and climate risk mitigation.
• Prepare and present ad-hoc MIS reports to track ESG/climate risk appetite and progress of initiatives.
• Liaise with regulators, auditors, consultants, and investors on ESG and climate-risk matters.
• Keep abreast of market/regulatory developments and contribute to new ESG/climate risk projects.

Skills

Written and verbal communication

Analytical skills

Influencing skills

Financial analysis and data analytics

Sustainability/climate risk experience

Education

Bachelor's degree or above in risk-related field

Job description

The ESG and Climate Risk Section plays a critical role in realizing BEA's vision to become a sustainability leader in Greater China and beyond. It supports the Risk Management Division in embedding ESG and climate risk into all risk management practices, facilitating BEA's transition to a low-carbon economy.

Responsibilities

• Integrate ESG and climate risk considerations into the bank's broader risk management framework, including the Risk Appetite Statement, Enterprise Risk Management framework, scenario analysis, stress testing, and climate risk strategy
• Act as a central liaison and coordination point for climate risk management, green and sustainable finance, ESG reporting, and climate risk analytics within the Risk Management Division
• Collaborate with risk controllers to enhance assessment methodologies, systems/tools, and data quality for ESG and climate risk management
• Advise business units on green and sustainable finance product development, customer ESG risk assessments, and climate risk mitigation
• Prepare and present ad-hoc MIS reports to track ESG/climate risk appetite and the progress of key ESG/climate risk initiatives
• Liaise with the regulators, internal/external auditors, consultants, and investors on ESG and climate-risk-related matters
• Keep abreast of evolving market, regulatory, and industry developments, contributing to new ESG and climate risk projects and initiatives
• Raise ESG/climate risk awareness and foster/develop ESG talent across the Bank group

Requirements

• Bachelor's degree or above in Business Administration, Statistics, Environmental Science or other academic field relevant to risk management. Relevant professional qualification including HKIB qualification is a plus
• At least 3-5 years of relevant experience in banking or other financial institutions
• Experience in financial analysis, accounting, credit assessments, modelling, data analytics and visualization and/or sustainability. Experience in green and sustainable finance or climate risk management experience is a plus
• Demonstrate clear and concise written and verbal communication
• Excellent analytical and influencing skills
• Capable of processing high volumes of complex and evolving information, and synthesise key themes and issues

Personal data provided by job applicants will be used for recruitment purposes only and will be treated in accordance with the Bank's Personal Information Collection (Employees) Statement and Privacy Policy Statement. Applicants who are not invited for interviews within six weeks may consider their applications unsuccessful and the personal data collected will be destroyed after 1 year.