Environmental and Social Risk Management - Vice President

3 Days Old

The Environmental and Social Risk Management (ESRM) Vice President role for UK/EU is part of Citi’s Global Environmental and Social Risk Management team within Citi’s Sustainability & ESG team. The ESRM team reviews client activities in industries and transactions with potential environmental and/or social risks (oil and gas, mining, power, infrastructure, transportation, agribusiness) and implements the Citi Environmental and Social Risk Policy Framework.The Vice President role is based in Citi London and reports to the Global Head of ESRM in Citi headquarters in New York.The role’s key responsibility is to review transactions covered by the Citi ESRM Policy for European clients and European export credit agency transactions. As a member of the global ESRM team, the VP will gain exposure to Citi’s global footprint and support other clients and transactions globally as needed, and may involve occasional international travel to project sites where environmental and social due diligence or monitoring is occurring. The position will also work closely with Citi’s London-based Director of Sustainability for UK, Europe, Middle East & Africa in responding to regulatory inquiries regarding emerging regional expectations with regards to greenwashing, ESG and other environmental and social risk management factors.ESRM works within Citi’s Sustainability & ESG team, which is responsible for the development and execution of Citi’s Sustainable Progress Strategy, Net Zero Plan and related key initiatives. The Sustainability & ESG team manages environmental, climate change, human rights and other stakeholder and business issues in partnership with Citi's businesses, risk functions and operational teams.What you\'ll do:Review proposed financing transactions in a variety of sectors (for example metals and mining, oil and gas, forestry, agribusiness, power, etc.) for potential environmental and social risks;Advise on potential Environmental and Social Risk Management (ESRM) Policy requirements for these transactions to align with internal policy, as well as international standards for successful loan syndication;Particularly focus on transactions for European Export Credit Agencies financing projects globally, including benchmarking against international environmental and social standards;Support the development of ESRM policy-related procedures and guidelines;Join client calls and meetings to discuss client environmental and social risks and advise on meeting international ESRM standards;Provide advice to bankers and help develop governance structures for emerging sustainable finance products;Leverage third-party ESG data platforms, conduct corporate-level and portfolio-level reviews of high-risk sectors to identify clients that present elevated environmental, social or reputation risk;Support ESRM training of bankers and risk managers;Support Citi Europe regulatory implementation efforts on climate/environmental/ESG risk management where ESRM input/expertise is required;Keep up to date with evolving UK/European ESG-related regulations;Maintain flexibility to work across the team according to ESRM priorities but expected to focus approximately 50% on Citi Europe/UK, including Export Finance Agency environmental and social due diligence support, ESG regulatory response and policy development/deployment needs;Work closely with key banking units as well as strategic sustainability partners in the region.What we\'ll need from you:Relevant experience in the financial sector, industry (such as oil & gas, mining, agribusiness), environmental consultancy or other relevant work experience.Knowledgeable about major global environmental and sustainability trends.Familiar with international environmental and social finance or industry standards such as the Equator Principles, IFC Performance Standards, UN Guiding Principles on Business and Human Rights, Roundtable on Sustainable Palm Oil, ICMA Green Bond Principles, etc.Developed project management skills and ability to handle multiple projects simultaneously with autonomy and self-initiative; strong time management skills and ability to work in a high-performance environment, with short deadlines and shifting priorities.Education:Bachelor\'s/University degree, Master\'s degree preferred, related to sustainability, environmental science, business or finance preferredWhat we can offer youWe work hard to have a positive financial and social impact on the communities we serve. We put our employees first and provide benefits to help them be well, live well and save well.By joining Citi London, you will be part of a business casual workplace with a hybrid working model (up to 2 days working at home per week), and receive a competitive base salary, with a range of additional benefits such as:Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenureA discretionary annual performance-related bonusPrivate medical insurance packages to suit your personal circumstancesEmployee Assistance Program Pension PlanPaid Parental LeaveSpecial discounts for employees, family, and friendsAccess to learning and development resourcesWe are an equal opportunity employer. Citi is committed to creating an inclusive workplace. If you require a reasonable accommodation to apply, please review Accessibility at Citi and the EEO Policy Statement. #J-18808-Ljbffr
Location:
City Of London, England, United Kingdom
Job Type:
FullTime

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