Group Environmental And Climate Risk Head

Group Environmental and Climate Risk Head

Apply locations: Johannesburg
Time type: Full time
Posted on: Posted Yesterday
Time left to apply: End Date: April 4, (6 days left to apply)
Job requisition id: R

Job Description
The Head of Environmental and Climate Risk will be responsible for leading the group's risk response to climate and environmental risks, ensuring alignment with regulatory requirements, industry best practice, and the bank's sustainability commitments.

As a key member of the Enterprise Risk Management leadership team, this role will oversee the integration of environmental risk considerations into the group's risk frameworks, decision-making processes, and business strategies. The incumbent is responsible for implementing strategies to identify, assess, and mitigate environmental risks across the organization.

This role leads a specialist team within the Enterprise Risk Management (ERM) function tasked with providing group-wide second line risk management, reporting, and communication with stakeholders on environmental and climate risk matters.

The incumbent is expected to commit to the FirstRand promises which are: making a promise, being deeply invested, valuing our differences, building trust and not territory, having courage, always doing the right thing, and staying curious.

STRATEGIC LEADERSHIP AND GOVERNANCE
Develop and implement the group's environmental and climate risk response strategy, ensuring integration into the broader group risk management framework and other relevant risk management frameworks.

1. Provide guidance to the board, strategic executive members, and segments on climate-related financial risks, environmental risks, and sustainability-linked regulatory requirements.
2. Be the group's subject matter expert on climate and environmental risk-related matters for engagements on key governance committees.
3. Represent the group in key industry forums, regulatory discussions, and sustainability networks.

RISK MANAGEMENT AND INTEGRATION
Establish, maintain, and ensure embedment of a robust environmental and climate risk management framework.

1. Oversee the development of climate risk models and tools to assess transition risk, physical risk, and environmental liabilities.
2. Ensure that climate and environmental risks are embedded in various risk assessments.
3. Drive the integration of climate risk considerations into the capital adequacy assessments and ICAAP processes.

REGULATORY COMPLIANCE AND REPORTING
Lead the group's response to evolving climate-related and environmental regulatory requirements.

1. In conjunction with investor relations, lead the group's approach to compliance with climate-related disclosure frameworks.
2. Provide high-quality reports to internal governance committees and externally.

BUSINESS ENABLEMENT AND ADVISORY
Provide expert advisory support to segments and business units on sustainable finance, green lending, and climate-related opportunities.

1. Assist segments to report on climate balance sheet and monitor shifts in lending.
2. Support the group's transition to a low-carbon economy.

STAKEHOLDER ENGAGEMENT AND CAPACITY BUILDING
Collaborate with sustainability and risk teams across the group.

1. Engage and build strong relationships with all internal and external stakeholders.
2. Drive internal awareness and capacity building on environmental and climate risk management practices.

Minimum Required Qualifications:
Minimum required Bachelor's degree in environmental science, environmental engineering, risk management, sustainability, or a related field.

Post grad qualifications and skills - environmental law, environmental or climate risk management.

Experience in the financial sector: 10 years in risk management, sustainability, or climate risk within financial services, with at least 5 years in a senior leadership role.

KEY COMPETENCIES AND SKILLS
Technical skills, strategic and leadership skills, soft skills.

You will have access to challenging work in a complex and exciting environment. Opportunities to innovate and create efficiencies.

We look forward to engaging with you further.

Apply now

All appointments will be made in line with FirstRand Group's Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities.

Candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless required by law to disclose it to other parties.