Climate Risk Vice President

We’re seeking someone to join our team as a Climate Risk Vice President to work as part of the wider EMEA and Asia Climate Risk Central (CRC) Team.

The CRC team identifies, monitors and manages Climate Risk of the EMEA and Asia portfolio based on the established Climate Risk Management framework. The team is responsible for monitoring regulatory requirements from the European Central Bank, the Bank of England, and Asian regulators as well as ensuring the timely implementation of new regulations. The CRC team coordinates the implementation of the Climate Risk frameworks across Risk Management teams providing expertise on Climate and Nature Risks. The CRC team also coordinates climate stress testing including internal and regulatory scenarios and it is responsible for Climate Risk disclosures.

What you'll do in the role:

• Coordinate the cross divisional response to EMEA and Asia regulatory requirements on the management of Climate and Nature risks, including overseeing action plans and assessments of new regulations
• Draft and develop governance materials and risk framework documentation
• Coordinate the implementation of Climate Risk scenarios in EMEA and Asia, addressing regional regulatory requirements
• Lead and contribute to Climate Risk methodology developments in coordination with Risk Analytics, Credit and Market Risk stress testing
• Apply understanding of the impact of climate risk on economies and corporations to risk management via contributing to the enhancement of rating methodologies and portfolio and sector risk management (including limit reporting)
• Liaise with stakeholders across risk disciplines to support the implementation of Climate and Environmental Risk frameworks
• Contribute to the enhancement of climate-focused physical and transition scenarios for stress testing
• Contribute to maintaining and incorporate new regulatory requirements to the EMEA financial statements and Pillar 3 ESG disclosures

What you'll bring to the role:

• Bachelor's degree or equivalent
• Profound interest in developing fundamental understanding of Climate and Nature Risk and its implications for risk management
• +6 years of experience in financial institutions or corporates working in Sustainability teams or in Risk Management, in credit risk and/or stress testing (preferred)
• Experience with technical models / rating models / stress testing
• Experience in development of governance materials

What will help you in the role:

• The ability to effectively communicate with a wide range of stakeholders, both written and verbally
• An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
• Confidence to take ideas forward and to challenge others, where appropriate, with experience in management by influence, facilitating and gaining consensus
• The ability to work independently in a self-directed way in a collaborative, team-oriented environment

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

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Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.