Senior Manager - Environmental Risk (Mashreq Global Network Pakistan)

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Mashreq

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Karachi, Pakistan

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Job Purpose

The Senior Manager, Environmental Risk is responsible for the development, implementation, and enhancement of the bank’s quantitative measurement capabilities in the area of environmental risk, including but not limited to climate risk. The role under AVP ESG risk management will support and enhance the environmental risk related regulatory compliance, strategic planning, and integration of climate‑related financial risks into enterprise risk management.

Key Result Areas

  • Lead quantitative assessment of physical and transition climate risks across portfolios, sectors, and geographies.
  • Develop and implement financed emissions calculation methodology aligned with international best practices e.g. PCAF and support in calculation of scope 3 financed emissions.
  • Build and maintain climate‑risk measurement related indicators, metrics, and dashboards using advanced analytics and statistical methodologies.
  • Collaborate with various teams e.g. one data and technology, enterprise risk management etc. to build data pipelines, climate‑risk datasets and analytical tools.
  • Consolidate and validate quantitative inputs for climate‑risk regulatory submissions and internal management reporting.
  • Coordinate development of quantitative ESG and Sustainability related disclosures like GRI, ESG Reports, ISSB, IFRS S1 & S2 etc.
  • Support in change‑management and automation projects related to climate‑risk data and reporting.
  • Develop and maintain Net Zero–related quantitative metrics.
  • Recommend climate‑risk appetite quantitative thresholds for inclusion in the Group Risk Appetite Statement and country-level addendums.
  • Track financed emissions reduction pathways.
  • Perform annual emissions trend analysis and variance explanation.

Operating Environment, Framework and Boundaries, Working Relationships

  • Good communication & Interpersonal skills with ability to interact and manage multiple stakeholders across the group in a multicultural environment across different geographies.
  • Continuous Interactions with multiple stakeholders across the group, including but not limited to front line business functions, IBG countries, Risk & credit management, Compliance, Internal auditors and external consultants.

Problem Solving

  • Ability to interpret multi-variable datasets, identify trends, extract insights, and translating technical analysis into clear and decision‑oriented insights.
  • Good climate risk skills in interpretation of Central Bank Principles, Guidelines, Consultation Drafts and Regulations on Climate related financial risk.
  • Familiarity with concepts of net zero transition planning and financed emissions calculations around PAT tool and PCAF scores.
  • Sound understanding of climate associated physical and transition risk related measurements and portfolio management, for wholesale and retail assets, especially on corporate origination & onboarding

Knowledge, Skills and Experience

  • Full-time graduate in Economic/ Financial/Data science discipline from a leading university.
  • Strong analytical and critical‑thinking skills with the ability to translate technical findings into actionable insights.
  • Proficiency in analytical tools such as Excel, Power BI and query based tools like SAS/R/Python, or any other climate‑risk platforms.
  • Professional risk management certifications related to climate risk SCR/FRM/CFA will be an advantage. SCR certified individuals will be preferred.
  • Good understanding of carbon accounting methodologies (PCAF alignment).
  • A minimum of five years of experience in a financial institution is a must. Specific climate risk and ESG risk experience will be given preference and flexibility in years.
  • Familiarity with sustainability reporting frameworks (e.g., TCFD, IFRS S2) and the ability to provide constructive feedback aligned with policy and regulatory requirements.
  • Strong analytical skills focused on assessing climate and its associated risks, conducting comprehensive research on client climate risk performance, and translating climate risks into financial implications.
  • Good verbal and written communication skills, adept at collaborating with diverse stakeholders across business, risk, and support functions in dynamic, multicultural environments. Arabic language will be a plus.
  • Well-organized and capable of managing multiple priorities while staying informed on the latest climate science, technology, policy developments, especially in the middle east, and regional/global climate trends.