Climate Risk Specialist

Join us a "Climate Risk Specialist" in the climate risk management team. The Climate Risk Management team is responsible for the protection of the Group from the risks associated with transitioning to a low carbon economy, including physical and transition risk.The Team covers climate risk evaluation, response and monitoring.

To be a successful "Climate Risk Specialist" the ideal candidates would be include Developing and implemending climate risk management strategies and tools, including stress testing, risk disclosure, and portfolio optimization, Development and maintenance of robust reporting procedures for climate-related risks and opportunities.

You may be assessed on the key critical skills relevant for success in role, such as leading projects and challenges independently.

Essential Skills:

• Experience in using or developing climate and environment risk measurement tools and methodologies.
• Risk and sustainability background required, with experience as listed in the Role Purpose section.
• Strong data manipulation and analytical abilities.
• Proficient in Excel and/or other programming languages such as python.
• Modelling experience, although deep quantitative background not necessary.
• Follows a rationale and logical thought process.
• Proven problem solver with extensive experience working on projects from initiation phase to completion.

Preferred Skills:

• Awareness of business and franchise implications on Barclays from its strategic climate change objectives.
• Knowledge of the Barclays Investment Banking and Corporate Banking key business lines, including capital markets.
• Experience in risk modelling, stress testing, impairment, RWA, capital calculations.
• Awareness of carbon accounting, lifecycle impact assessment tools.

This Role is Based out of Noida.

Purpose of the role

To proactively identify, assess, and manage climate-related risks within the bank's operations, investments, and lending activities.

Accountabilities

• Development and implementation of climate risk management strategies and tools, including stress testing, risk disclosure, and portfolio optimisation.
• Development and maintenance of robust reporting procedures for climate-related risks and opportunities.
• Conducting comprehensive climate risk assessments across the bank's portfolio, including physical risks (extreme weather events, sea-level rise) and transition risks (policy changes, carbon pricing).
• Utilisation of climate risk modelling tools and scenario analysis to quantify potential financial impacts of climate change on the bank's assets, liabilities, and revenues.
• Integration of climate risk considerations into existing risk management frameworks and business processes.

Assistant Vice President Expectations

• To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions.
• Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
• Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
• Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
• Take ownership for managing risk and strengthening controls in relation to the work done.
• Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
• Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
• Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
• Influence or convince stakeholders to achieve outcomes.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge and Drive – the operating manual for how we behave.