DescriptionAs part of the firm’s Risk Management and Compliance function you are at the centre of keeping JPMorgan Chase strong and resilient. Environmental and Social (E&S) Risk is responsible for developing and implementing the firm’s approach to E&S risk matters. E&S Risk provide oversight of the firm’s lines of business, including the processes that support consistent identification, escalation, management and monitoring of E&S risk issues, and provide effective challenge on E&S matters. In addition, this role will require extensive collaboration with the firm’s Climate Risk team.
Job Responsibilities
- Support development of an in-house analytical and model-driven approach for the appropriate environmental risks for the firm to consider, covering varying environmental / nature-related topics and the potential transmission channels to the financial sector.
- Determine appropriate metrics for assessing environmental risk at the portfolio, client and asset level – both direct and indirect through operations and supply chain impacts, for example, qualitative heat maps or risk scores.
- Establish requirements and drive firmwide / legal entity needs for collecting data on environmental risks and potential risk-related scenario analysis. Specifically identify, assess and select relevant data vendors both open source or third-party.
- Engage and coordinate with other functions across the firm on environmental risk matters e.g. Corporate Responsibility, Compliance, Controls, Chief Data Office, other risk functions including model risk etc
- Participation in responding to global E&S related regulations (existing and evolving) including where necessary participation in preparation of external E&S risk related disclosures
- Input into research on a range of E&S issues and thematic topics that affects the firm and its clients e.g. biodiversity, supply chain issues etc
- Financial institution or banking experience not necessarily required
Required qualifications, capabilities and skills
- Experience in environmental and / or climate modelling including in model evaluation and development, ideally applied to business cases
- Excellent analytical skills and comfort working with large datasets
- Proficient with coding (Python) and geospatial analysis
- Strong academic background in a highly quantitative discipline, including engineering, physics, geography or maths
- Understanding of the current voluntary and regulatory landscape for environmental topics, including nature, as it relates to the financial sector
- Knowledge of environmental risks and the transmission channels through which these can manifest for financial institutions
- Highly effective in narrating analytical output to stakeholders, with an ability to convey information clearly, accurately and succinctly (both written and verbally) with strong interpersonal and presentation skills
