Assistant Manager, Risk - Climate Risk Modelling &

Manage climate risk by assessing and modelling the physical and transition risks associated with climate change.**Responsibilities**:- Quantify the Bank's exposures to climate change and their potential losses arising from physical and transition risks.- Facilitate the Bank's capacity building in modelling and measuring climate-related risks as part of its overall climate risk management tools.- Modelling of transmission channels from climate transition and physical risk to credit risk and the use and design of climate scenarios.- Function as the primary contact for model-related issues relating to climate risk management and associated regulatory demands.- Understanding and translating transmission levers of climate risks into financial system impact.- Provide guidance on the use of climate data and scenarios for risk assessment.- Lead interactions with senior stakeholders on climate risk topics, including regular reporting and updates.- Represent Group Risk internally and externally in climate risk related engagements (including regulatory interactions).- Develop and oversee climate risk capacity building, including providing climate risk training to relevant stakeholders.- Understanding of NGFS **1 **, IPCC **2 **, and IEA **3 **scenarios.- Support stress testing functions and climate risk scenarios.- Familiarity with IRB models according to Basel requirements.- Drive delivery of projects including seeking approval from senior Business and Risk Heads, Risk committees and the Board.- Contribute to overall governance mechanisms for regulatory and management scenario analysis.- Any other tasks as specified by the Head of Climate Risk Modelling.**1 **Network for Greening the Financial System**2 **Intergovernmental Panel on Climate Change**3 **International Energy Agency