ESG & Sustainability Risk Officer job at Cairo bank

Position: ESG & Sustainability Risk Officer

Reports to: Chief Risk Officer

Department: Risk

Job Summary: To proactively identify, assess, monitor, and mitigate risks arising from environmental, social, and governance factors, while also helping the Bank seize opportunities related to sustainability.

Key Responsibilities:

Framework Development & Implementation:

• Design, implement, and continuously enhance the Bank’s ESG and Sustainability Risk Management Framework, policies, and procedures, ensuring alignment with best practices, regulatory requirements and internal strategic objectives.
• Develop methodologies and tools for identifying, assessing, and quantifying ESG risks in lending, investment, and operational activities.
• Establish clear ESG risk appetite statements, limits, and monitoring
• ESG Risk Assessment & Due Diligence:
• Conduct in-depth ESG risk assessments and due diligence for new and existing clients, projects, and transactions across various sectors.
• Evaluate clients’ ESG performance, policies, and practices, identifying potential risks such as climate transition risk, physical climate risk, biodiversity loss, human rights violations, labor standards, corruption, and governance weaknesses.
• Provide expert opinions and recommendations on ESG risk mitigation strategies to business units and credit committees.

Portfolio Monitoring & Reporting:

• Monitor the ESG risk profile of the Bank’s portfolios (e.g. loan book, investment portfolio), identifying concentration and emerging risks.
• Develop and produce regular, comprehensive ESG risk reports for senior management, risk committees (e.g. Enterprise Risk Committee, ALCO), and the Board, highlighting key trends, exposures, and compliance status.
• Contribute to the Bank’s external ESG disclosures and sustainability reports, ensuring accuracy and transparency regarding ESG risk management practices.

Regulatory Compliance & Stakeholder Engagement:

• Stay abreast of evolving national and international ESG regulations, standards, and industry guidelines relevant to financial institutions.
• Ensure the Bank’s ESG risk management practices comply with all applicable regulatory requirements and internal policies.
• Prepare for and support regulatory examinations and external audits related to ESG
• Engage with internal stakeholders (e.g. Credit, Treasury, Compliance, Legal, Product Development) to embed ESG considerations across the Bank.
• Potentially engage with external stakeholders, including regulators, NGOs, rating agencies, and industry forums, on ESG risk matters.

Training & Awareness:

• Develop and deliver training programs for relevant Bank staff (e.g. relationship managers, credit analysts) on ESG risk identification, assessment, and integration into their daily responsibilities.
• Promote a strong ESG risk culture throughout the bank.

Stress Testing & Scenario Analysis:

• Contribute to the development and execution of Strategic risk, climate-related stress tests and scenario analysis to assess the Bank’s resilience to various strategic risk shocks, climate transition and physical risks.
• Analyze the potential financial impact of different climate scenarios on credit portfolios and other asset

Strategic Support & Advisory:

• Provide expert advice and guidance to business units on managing specific ESG risks and identifying related business opportunities (e.g. green financing).
• Collaborate with the Bank’s Business and Operational teams to ensure coherence between risk management and overall sustainability strategy.
• Participate in due diligence for new products or services to ensure ESG risks are adequately considered from inception.
• Enterprise-wide Risk Management (ERM) Support:
• Support on other ERM related activities and tasks as maybe required from time to time

Education.

Bachelors in environmental science, Sustainability, Finance, Economics, Business administration, commerce, Law, ora related ESG certifications are a significant advantage.

Experience.

3+ years of experience in risk management, sustainability, or corporate social responsibility within the financial services industry, or a related sector with strong exposure to ESG

Demonstrated experience in developing and implementing risk management frameworks, particularly with an ESG focus.

Understanding of ESG concepts, frameworks and relevant regulatory

Experience in credit analysis with an ESG lens is highly

Skills and competencies.

Strong analytical and quantitative skills, with the ability to interpret complex data and build risk

Proficiency in data analysis tools and Excel.

Proactive, self-starter with a strong sense of ownership and

High ethical standards and a genuine passion for

Strong problem-solving abilities and attention to

Ability to navigate ambiguity and adapt to a rapidly evolving regulatory and market

• Design, implement, and continuously enhance the Bank’s ESG and Sustainability Risk Management Framework, policies, and procedures, ensuring alignment with best practices, regulatory requirements and internal strategic objectives.
• Develop methodologies and tools for identifying, assessing, and quantifying ESG risks in lending, investment, and operational activities.
• Establish clear ESG risk appetite statements, limits, and monitoring
• Conduct in-depth ESG risk assessments and due diligence for new and existing clients, projects, and transactions across various sectors.
• Evaluate clients’ ESG performance, policies, and practices, identifying potential risks such as climate transition risk, physical climate risk, biodiversity loss, human rights violations, labor standards, corruption, and governance weaknesses.
• Provide expert opinions and recommendations on ESG risk mitigation strategies to business units and credit committees.
• Monitor the ESG risk profile of the Bank’s portfolios (e.g. loan book, investment portfolio), identifying concentration and emerging risks.
• Develop and produce regular, comprehensive ESG risk reports for senior management, risk committees (e.g. Enterprise Risk Committee, ALCO), and the Board, highlighting key trends, exposures, and compliance status.
• Contribute to the Bank’s external ESG disclosures and sustainability reports, ensuring accuracy and transparency regarding ESG risk management practices.
• Stay abreast of evolving national and international ESG regulations, standards, and industry guidelines relevant to financial institutions.
• Ensure the Bank’s ESG risk management practices comply with all applicable regulatory requirements and internal policies.
• Prepare for and support regulatory examinations and external audits related to ESG
• Engage with internal stakeholders (e.g. Credit, Treasury, Compliance, Legal, Product Development) to embed ESG considerations across the Bank.
• Potentially engage with external stakeholders, including regulators, NGOs, rating agencies, and industry forums, on ESG risk matters.
• Develop and deliver training programs for relevant Bank staff (e.g. relationship managers, credit analysts) on ESG risk identification, assessment, and integration into their daily responsibilities.
• Promote a strong ESG risk culture throughout the bank.
• Contribute to the development and execution of Strategic risk, climate-related stress tests and scenario analysis to assess the Bank’s resilience to various strategic risk shocks, climate transition and physical risks.
• Analyze the potential financial impact of different climate scenarios on credit portfolios and other asset
• Provide expert advice and guidance to business units on managing specific ESG risks and identifying related business opportunities (e.g. green financing).
• Collaborate with the Bank’s Business and Operational teams to ensure coherence between risk management and overall sustainability strategy.
• Participate in due diligence for new products or services to ensure ESG risks are adequately considered from inception.
• Support on other ERM related activities and tasks as maybe required from time to time

• Strong analytical and quantitative skills, with the ability to interpret complex data and build risk
• Proficiency in data analysis tools and Excel.
• Proactive, self-starter with a strong sense of ownership and
• High ethical standards and a genuine passion for
• Strong problem-solving abilities and attention to
• Ability to navigate ambiguity and adapt to a rapidly evolving regulatory and market

• Bachelors in environmental science, Sustainability, Finance, Economics, Business administration, commerce, Law, ora related ESG certifications are a significant advantage.
• 3+ years of experience in risk management, sustainability, or corporate social responsibility within the financial services industry, or a related sector with strong exposure to ESG
• Demonstrated experience in developing and implementing risk management frameworks, particularly with an ESG focus.
• Understanding of ESG concepts, frameworks and relevant regulatory
• Experience in credit analysis with an ESG lens is highly