EY - Financed Emission Role - Climate Risk

Climate Risk: Financed Emission

Primary Responsibilities:

- Development of financed emissions assessment framework including methodologies/estimation techniques for Commercial and Residential Real estate, Shipping and Aviation sectors in line with emerging standards and frameworks like PCAF (Partnership of Carbon Accounting Financials)

- Knowledge/experience in setting and reviewing NZ trajectories as part of SBT (Science-based Targets) program, target approach and transition strategies, calculate current portfolio trajectories, etc.

- Knowledge/experience in identifying, assessing, interpreting and aggregating ESG and other relevant data, data governance, data quality, etc.

- Periodic review and monitoring of target alignment, sector-specific portfolio trajectories alignment, carbon budget allocation, etc.

- Good understanding of carbon accounting and reporting standards (e.g., ISO 14064, GHG Protocol, TCR), current and emerging regulatory landscape/policies on GHG emissions disclosures, TCFD (Taskforce on Climate-related Financial Disclosures), TNFD (Taskforce on Nature-related Financial Disclosures), etc.

- Knowledge/experience in broader ESG strategy, climate-related metrics, preparation of corporate sustainability disclosures (CDP, GRI, SASB, TCFD)

- Understanding of current frameworks and guidance on climate (including greenhouse gas emissions and natural capital) and implications for financial institutions

- Understanding of BlueTrack TM is an added advantage

Key skillset:

- Risk management professionals with experience in credit risk, climate risk, sustainable finance, net zero etc.

- Strong exposure to corporate credit sectors - Commercial and Residential Real estate, Shipping and Aviation sectors. Involved in portfolio analysis, portfolio management / reporting for corporate credit sectors.

- Involved in regulatory reporting (CCAR, IFRS 9 etc.), ESG reporting, TCFD reporting.

- Involved in reporting of financed emissions and knowledge of PCAF based reporting (preferable)

- Has worked with global Banks

- Strong written and verbal communication skills

- Climate risk or sustainability certification desirable

- Ability to work with a diverse and geographically dispersed project teams