Assistant Manager, Risk

2 weeks ago


Malaysia CIMB Group Full time

Manage climate risk by assessing and modelling the physical and transition risks associated with climate change.

**Responsibilities**:

- Quantify the Bank’s exposures to climate change and their potential losses arising from physical and transition risks.
- Facilitate the Bank’s capacity building in modelling and measuring climate-related risks as part of its overall climate risk management tools.
- Modelling of transmission channels from climate transition and physical risk to credit risk and the use and design of climate scenarios.
- Function as the primary contact for model-related issues relating to climate risk management and associated regulatory demands.
- Understanding and translating transmission levers of climate risks into financial system impact.
- Provide guidance on the use of climate data and scenarios for risk assessment.
- Lead interactions with senior stakeholders on climate risk topics, including regular reporting and updates.
- Represent Group Risk internally and externally in climate risk related engagements (including regulatory interactions).
- Develop and oversee climate risk capacity building, including providing climate risk training to relevant stakeholders.
- Understanding of NGFS **1 **, IPCC **2 **, and IEA **3 **scenarios.
- Support stress testing functions and climate risk scenarios.
- Familiarity with IRB models according to Basel requirements.
- Drive delivery of projects including seeking approval from senior Business and Risk Heads, Risk committees and the Board.
- Contribute to overall governance mechanisms for regulatory and management scenario analysis.
- Any other tasks as specified by the Head of Climate Risk Modelling.

**1 **Network for Greening the Financial System

**2 **Intergovernmental Panel on Climate Change

**3 **International Energy Agency


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