When the financial services industry works well, it creates growth, prosperity, and peace of mind for hundreds of millions of people. No other industry touches so many lives or shapes so many futures. At EY Financial Services, we share a single focus to build a better financial services industry, not just for now, but for the future.

Sustainability is at the heart of our EY brand. It is at the heart of our strategy, what we value and measure and what we do every day with our clients and within our own business. We are proud to be advocates of change to make businesses across the world more sustainable because we believe in long-term value. Delivering sustainable long-term value in Financial Services means new strategies, a new approach to managing risk, new products and services and new ways of engaging stakeholders.

Opportunity

EY is currently working across the capital markets globally with institutional investors, banking, private equity and insurance clients, developing strategies, designing and building innovative solutions to move forward on sustainable finance, meeting regulatory requirements and positioning for success in this rapidly evolving market. Our client work often draws on scenarios to inform assessments of both physical and transition risks, to identify opportunities and to support financial institutions in developing their climate strategies so as to better manage their own risks and to support the wider transition to a Net Zero climate-resilient society.

We are seeking to appoint a high-performing individual with relevant experience as a Manager (Climate Risk and Climate Scenarios) in our Financial Services CCaSS team. You will join a friendly purpose-driven team of [around 50] within EY’s wider group of over 3,000 climate change and sustainability practitioners globally, presenting a unique opportunity to support a wide range of client projects on climate risk and climate scenario analysis.

Topics we cover in CCaSS include:

• Climate change risk modelling and scenario analysis
• Carbon-intensive sectoral top-down and bottom-up pathways analysis
• Sustainable finance and net zero strategies for financial services
• Climate change metrics and targets, including SBTi
• Assurance over ESG/climate metrics
• Greenhouse gas reporting, including the Greenhouse Gas Protocol and PCAF
• Sustainable Finance regulatory developments, such as SFDR and EU Taxonomy
• Responsible, sustainable and impact investment strategies and implementation
• Reporting and disclosure, including the application of TCFD, SASB and other frameworks
• Stewardship and engagement (active ownership)

Key responsibilities

• Supporting design and management of the climate risk and climate scenario engagements with appropriate consideration of risk and technical matters.
• You will work with various teams on engagements, keeping a clear focus on anticipating and identifying risks and opportunities.
• You will deliver operational efficiency on projects and play a key role on internal initiatives, consistently driving projects to completion making sure that the work delivered is industry leading.
• You will help create innovative commercial insights for clients, adapt methods and practices to fit operational team and cultural needs
• Working closely with colleagues at all levels (from interns to senior partners),
• You will contribute to the development of EY capabilities in technical areas and engage with clients regarding the application of these methodologies to their businesses.
• You will collaborate with colleagues outside of Sustainable Finance to deliver multi-disciplinary and cross-geographical work.

Skills and attributes for success

As a manager, it is essential that you bring the competencies that will allow you to succeed.

• Motivated candidate looking to build the climate risk and climate scenario business across financial services and build the capabilities of the team
• Intellectual curiosity
• Ability to deliver at pace across multiple fronts
• Effective in establishing and maintaining client and industry relationships
• Strong problem-solving skills, able to innovate when needed
• Strong communication skills: verbal, written and active listening
• Commercial mindset

Qualifications

We welcome applicants from a wide range of backgrounds, but are particularly interested in individuals that have the following qualifications:

• Track record of success from 5+ years of relevant experience, with a significant proportion in climate risk and climate scenario analysis or other relevant experience
• Very strong applied analytical skills including quantitative scenario modelling used to solve real-world problems, ideally including long-term energy and climate scenarios
• Deriving marginal abatement cost curves (MACC) for a number of sectors/industries, and sound knowledge of climate analytical tools
• Experience running or contributing to a range of climate risk and/or scenario analysis projects, including for example identification and quantification of decarbonisation levers, policies and actions for different institutions, financial and corporate.
• Experience in climate risk and knowledge of financial services, either as part of an institution; in an advisory or business consulting capacity to such organisations or in the regulation of such institutions
• Risk management background would be a plus
• Strong academic record including a quantitative degree, ideally related to climate science, energy transition, energy economics or climate risk.
• Knowledge of scenario development requirements by regulator, alliances and frameworks such as TCFD, NZBA, PCAF, SBTI, BoE PRA, etc.

What working at EY offers

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:

• Support and coaching from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that is right for you

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.