HDFC Bank - ESG Manager - Risk Management & Sustainable Finance

Description:

Summary of the Role:

- Strategy , action plan and implementation of focussed areas for identified portfolios ( along with respective stakeholders)

- ESG Risk Management Framework - Policy, Compliance, Implementation and Tracking

- Financed Emissions analysis and tracking

- Net Zero Strategy , Decarbonization strategy and implementation along with stakeholders

- Sustainable / Green Finance Bonds and

- Sustainable /Climate / Green Finance strategy , action plan and implementation along with stakeholders

1. ESG Risk Management Policies and Frameworks:

- Ownership of ESG Risk Management Framework

- Continuously evaluate and update the ESG RM Framework in line with best practices

- To periodically review the ESG RM framework, update and process for approval by joint working with

respective stakeholders.

- Update evaluation templates to create a robust borrower assessment and information

- Segment specific ESG RM assessment policies design basis the best practices

2. ESG Risk Management Implementation:

- Undertaking capacity building programs to ensure clarity on the ESG RM framework and its implementation for respective stakeholders eg. Risk, Credit, Business, Operations etc.

- Ensure target communication plan and engagements with stakeholders to resolve queries and ensure implementation of ESG RM policies.

- To engage with the respective stakeholders acting as SPOC to lead them towards adherence to Risk Assessment Templates and providing regular updates related to regulations, peer actions, domestic and international best practices etc.

- Collaborate with business units for data quality and adherence to the framework

- To integrate ESG RM Assessment data and provide regular updates to the management on compliance, findings and reports on ESG risks.

3. Financed Emissions Policy and Execution:

- Ensuring a Financed Emission Framework for Banks Loan Portfolio

- Ensuring benchmarking v/s international & national best practices

- Setup a process of segment specific action plans and tracking to meet the benchmarks set.

- Tracking of Financed emissions portfolio on periodic basis and

- Joint working with various stakeholders eg. business , credit etc to ensure suitable implementation of the process and policies for the Finance Emissions.

4. Net Zero Strategy & Decarbonization of Bank portfolios:

- To analyze the Net Zero strategy , action plan and best practices at National and International level.

- To engage with various stakeholders to evolve a suitable Net Zero strategy and action plan with timelines.

- To evaluate transition plans of hard to abate industries eg. Power, Steel , Cement etc and accordingly conduct decarbonization projection in lending portfolio at strategic decision and timeline levels

5. Sustainable Finance / Green Finance (Bonds):

- Periodically review the Sustainable Finance / Green Finance Framework - engage with internal teams to ensure adherence from Bonds perspective.

- Coordination for Sustainable Finance Framework (Bonds)

- To evaluate and updated the SF / GF (B) framework as per ICMA guidelines and SEBI regulations

- To jointly work with respective stakeholders to create and manage the entire data management architecture for evaluation of SF (B) as per labeling and exposure sectorally ; validation of the data for disclosure in coordination with Operations.

- To evaluate sustainable lending as per IFSCA guidelines and commitments

6. Assurance:

- a. Coordinate and manage Assurance process for respective BRSR KPIs as well as IAR reporting for identified KPIs.

7. Climate Finance:

- Work with product teams to enrich Climate Finance portfolio like Green products, Adaptation and Mitigation Financing opportunities;

- To draw Climate Finance initiatives with focus on hard to abate industries

8. Co- Anchoring ESG Product Responsibility Working Group:

- a. End to end Co-management of ESG Product Working Group meetings with creation of agenda, actionables, trackers and follow ups

9. System Integration:

- Integrate IT systems for data management and projections

- Build systems and process for analysis of large data sets and leveraging on them for implementing action plans for improvement of various parameters.

Educational Qualifications: Masters degree

Key Skills:

- ESG Specialist skills on specific domain

- Strong analytical skills

- Good communication skills

Total Work Experience: Min 4 Years

ESG Work Experience: Min 3 Years

Educational Qualifications:

- MBA (Finance) / CA / CFA / Sustainability /Environment OR similar domain

- Post Graduate in Environment (Engineering/ Management/ Sciences) / Sustainability // Climate Finance /Risk or similar domain

- Certified Risk Analyst /Certified ESG Professional / GARP SCR

Key Skills:

- ESG Risk Management and

- Knowledge of credit risks, credit policy

- Climate risk frameworks

- Analysis of large data sets

- Knowledge of TCFD, SBTi, PCAF, NGFS,GRI, BRSR etc.

- Power BI and other advanced data analysis tools

Work Experience:

- Preferably 2+ years of experience in the following :

- Sustainability / ESG - Consulting /Compliance / Business Intelligence / IT for BFSI Sector Or

- ESG Risk Management / Financed Emissions / Net Zero / Decarbonization / Sustainable Finance /Green Finance

Major Stakeholders: (Teams and cross functional stakeholders, who would need to be interacted with for discharging duties)

- Internal Stakeholders: Loan teams of wholesale and Retail Bank ( business, credit,risk, policy, operations) etc.

- External stakeholders: Regulators, Rating Agencies, Consultants, Assurance Providers.