Associate Director, ESRM WRB

Job Summary

The Associate Director Environmental & Social Risk Management (ESRM) role is to manage environmental and social risk by advising on Wealth & Retail Banking (WRB) transactions, client management and specific E&S issues to ensure alignment with the Bank’s referenced environmental and social standards and in line with Bank’s risk appetite. Further to these core functions, to support the development of Sustainable Finance by acting as an E&S technical specialist and providing advice and subject matter expertise as required.

ESRM team members are expected to have broad technical knowledge on position statement sectors as well as a practical working knowledge of key international Environmental, Social and Human Rights standards. The job requires the ability to apply key position statement criteria to clients and transactions to ensure environmental and social (E&S) risks and impacts are managed responsibly and in accordance with best practice approaches.

ESRM sits within the Chief Sustainability Office which serves as a centre of excellence on a broad set of ESG topics, providing thought leadership, strategic advice, and transaction support for SCB’s clients.

• Managing E&S matters for referred transactions and clients to ensure financial services (including advisory services) are carried out in compliance with the Bank’s referenced environmental and social standards.
• Undertaking environmental and social due diligence.
• Supporting business teams to define the Bank’s requirements to clients, sponsors, external counsel, partners etc.
• Managing the development, promotion and implementation of the Group’s sectoral Position Statements including the creation of ESRM-related assets and digitisation initiatives.
• Actively liaising with Frontline and Risk teams across the Group to manage existing and emerging E&S risks.
• Considering reputational risk assessments on transactions and clients and liaising with ESG & Reputational Risk to agree classification and appropriate risk acceptance.
• Reporting and monitoring.

• Promoting ESRM activities and the Bank’s Position Statements internally including through training and workshops with relevant teams in business.

• Managing environmental and social due diligence on transactions, clients and products, which includes liaising with multiple parties including Frontline teams, Compliance, Legal, Credit, ESG & Reputational Risk etc.
• Articulating the Bank’s requirements to clients and supporting Frontline teams to achieve outcomes in line with the Bank’s risk appetite for environmental and social risk.
• Maintaining up-to-date subject matter expertise in environmental, social and human rights topics in a range of sectors and geographies and acting as a trusted advisor to the Frontline teams and clients.
• Supporting the ongoing development, promotion and implementation of our Position Statements and related underlying environmental and social policies, standards, guidelines and practices.
• Delivering training on E&S-related matters including Position Statements.

• Work within the existing ESRM and Business Process Universe and associated Policies and Standards. Work closely with the ESRM client portfolio / business management team. Lead the design, implementation and education of staff on policies and procedures in collaboration with Risk, Legal and relevant Frontline teams.

• Supporting Training and Capacity Building as required.

• Liaising with colleagues in ESG & Reputational Risk, Business and Operational Risk. Considering reputational risk assessments on transactions and clients and liaising with ESG & Reputational Risk to agree classification and appropriate risk acceptance.

• Work within the ESRM and Business governance frameworks. Understand, identify and utilise data in the risk assessment process to provide a holistic view of the Bank’s and clients’ risk profiles. Use available dashboards and interactive reporting tools to monitor E&S risk management.

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the…