Risk Management - Nature and Social Risk, Vice President
Aumni
New York, NY, USA
Posted on Jul 18, 2024
Job Description
Nature & Social Risk provide oversight of the firm’s lines of business, including the processes that support consistent identification, escalation, management and monitoring of Nature & Social Risk issues, and provide effective challenge on Nature & Social matters.
Job summary
As a Nature and Social Risk Vice President in the Risk Management Nature and Social Risk Team, you'll be at the center of keeping JPMorgan Chase strong and resilient. Nature and Social (N&S) Risk is responsible for developing and implementing the firm’s approach to Nature and Social Risk matters.
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 firm wide / 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.
- Participate in responding to global E&S related regulations (existing and evolving) including where necessary participate in preparation of external E&S risk related disclosures.
- provide 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.
- Possess financial institution or banking experience, though 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 math
- 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.