Climate Risk Analyst – ERM

Deutsche Bank; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

Childcare assistance benefits

Industry certifications sponsorship

Employee Assistance Program

Job summary

Deutsche Bank in Mumbai is seeking a Climate Risk Analyst within ERM to develop and implement a climate risk framework aligned with evolving regulations. The role collaborates with risk SMEs and IT to deliver governance, scenario analysis, and risk appetite insights.

The position focuses on climate risk metrics, reporting, data analysis, and process improvements, with a commitment to flexible yet rigorous risk management in a dynamic banking environment.

Qualifications

• 1-3 years of experience in risk disciplines (credit, market or operational risk) or related banking processes.
• Strong analytical skills and attention to detail; ability to improve climate risk reporting processes.

Responsibilities

• Execute climate risk metric production processes (Python scripts) and own the process; analyze Financed Emissions and Net Zero metrics.
• Analyze client reports on Climate Risk disclosures, industry developments, and regulatory landscapes.
• Produce regular climate risk reports and monitor portfolio threshold breaches with remediation recommendations.
• Support enhancement of ERM Portfolio frameworks and risk appetite methodologies.
• Engage with risk teams to reflect framework developments in policies and procedures.

Skills

Python

Tableau

Job description

Position Overview

• Enterprise Risk Management (ERM)'s mission is to shape Bank strategy and risk management at enterprise level, unconstrained by risk types and geographies, together with ERM's partners in Risk and the Bank.
• As part of this remit, ERM is supporting efforts within Risk to develop a climate risk management framework encompassing governance, risk identification and monitoring, scenario analysis and risk appetite setting.
• You will be responsible for all aspects of this development work, working in close coordination with Subject Matter Experts across Risk and more widely and ensuring that our climate risk framework is aligned with evolving regulatory requirements.

In Scope of Position-Based Promotions

Job Title: Climate Risk Analyst – ERM

Corporate Title: NCT

Location: Mumbai, India

Role Description

• Enterprise Risk Management (ERM)'s mission is to shape Bank strategy and risk management at enterprise level, unconstrained by risk types and geographies, together with ERM's partners in Risk and the Bank.
• As part of this remit, ERM is supporting efforts within Risk to develop a climate risk management framework encompassing governance, risk identification and monitoring, scenario analysis and risk appetite setting.
• You will be responsible for all aspects of this development work, working in close coordination with Subject Matter Experts across Risk and more widely and ensuring that our climate risk framework is aligned with evolving regulatory requirements.

What We’ll Offer You

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your Key Responsibilities

• Execute climate risk metric production processes (python scripts) and be process owner; analyze portfolio Financed Emissions and Net Zero metrics / data, identify key risk drivers, trends, & derive conclusions and recommendations
• Analyze client reports on Climate Risk disclosures / industry developments / regulatory landscape markets research from internal and external sources
• Produce regular monthly / quarterly climate risk reports, combining findings from portfolio analysis; monitoring and reporting portfolio threshold/limit breaches and providing recommendations to remediate breaches to team leads /senior management
• Support enhancement of the ERM Portfolio frameworks including developing methodologies to strengthen risk appetite setting and measurement
• Engaging with employees from across Risk to ensure that framework development is reflected in relevant policies and procedures
• Process optimization, strengthen controls, mitigate operational risks
• Undertake Change work in the form of:
  • system migrations/ upgrades with IT dept, etc.
  • updates and/or migrations to newer/ better methodologies/ datasets

Your Skills And Experience

• 1-3 years of experience and familiarity with one or more of risk disciplines (e.g. credit, market or operational risk) and/ or banking products/ processes.
• Strong process and analytical skills and independent drive to constantly improve our climate risk reporting processes via improved analytics, controls and scalability, as well as enhanced system/ application coverage
• Proficiency in Python is a must. Other skills such as Tableau would be a plus
• Good understanding of climate risk implications would also be a strong plus, preferably with relevant professional experience
• Ability to liaise with senior management and present information to senior management in an appropriate way (quality & format).
• Hands-on working approach with good analytical skills and strong attention to detail
• Excellent communication skills- able to communicate clearly and succinctly, both verbally and in writing
• Entrepreneurial mind-set, with ability to be resourceful and streamline processes
• Self-starter and has willingness to work hard and flexibly in a rewarding environment

How We’ll Support You

• Training and development to help you excel in your career.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.

About Us And Our Teams

Please visit our company website for further information: https://www.db.com/company/company.html

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.