Company Description
Now it's your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We're looking for the brightest and best to help us reach our goals and we'll also help you reach yours.
Your success is our success as you grow stronger in your career. Join us and leave a legacy of your own, as a pioneer in both the company and the industry.
Job Specific Accountabilities
The role holder will support the VP in the strategic initiatives under the Group ESG risk framework and policy and alignment with the Group ESG strategy. This includes scoping out and implementing the five-year road map ensuring ESG risk assessments are being performed on the main assets on our balance sheet, and ensuring the framework are meeting new regulatory climate and ESG requirements.
The role holder is expected to continuously develop his or her capabilities and insight in line with the rapid changes happening in the ESG space on both risks and opportunities.
The duties and responsibilities in more details consists of:
1. Contribute to the ESG thought leadership role of FAB in the MENA region
2. Seamless collaboration with colleagues and business lines on the implementation of the ESG risk framework and ESG risk assessments
3. Ensure updates to the Sustainable Finance framework (SFF) in alignment with recent best practices
4. Support business lines in aligning Green and sustainable products to the SFF (e.g., Green Bond, Sustainable Linked Loans, Sustainable deposits)
5. Conduct deep dive due diligence assessments on project financing related opportunities in alignment with the Equator Principles (EP) and prepare mitigation measures as needed
6. Propose updates to the ESG risk framework to meet necessary requirements from stakeholders (regulation, trends, new markets, new clients etc.)
7. Perform enhanced ESG risk assessments on high and severe ESG risk cases
8. Develop ESG risk methodologies on both portfolio and exposure level
9. Ensure watchlist distribution on ESG risk to business and operations
10. ESG risk training and awareness for relevant coverage teams and stakeholders
11. Sustainable Finance tagging and management, to ensure FAB optimally handle proceeds and match demands, as well as meet audit concerns
Specific Accountability * Monitoring/assessment of ESG risk transactions and investments
MNCJobsGulf.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.