About the position:
We are looking for a (Junior) Data Analyst for our climate stress testing and 1in1000 project that helps financial institutions, supervisors, central banks to understand and manage the financial risk resulting from climate related transition risks and physical risks. The (Junior) Data Analyst will focus on in-depth analysis of financial, economic and climate data sets that inform our climate transition risk and physical risk models. The model has been employed by a number of national and international financial supervisors to assess the resilience of their constituents in the past and will be rolled out to more users over the next years. We aim to provide tools that bring transparency to such models in an ecosystem that often operates with black box models that make it impossible to understand risk drivers. Our open source and highly configurable models aim to change that. The (Junior) Data Analyst will contribute to that process by gathering, structuring and analyzing data sets to maintain the integrity of our approach and extend and improve the functionality and scope of the models.
- Contributing to the development of climate and sustainability stress-test scenarios and models that can build on our current tools and forward-looking asset-level data
- Researching third-party stress-test scenarios
- Conduct data cleaning and wrangling tasks on stress-test scenario data in R
- Keeping up to date with regulatory developments of climate stress testing across jurisdictions
- Contributing to the improvement and refinement of our stress testing methodology
- Working with the broader 2DII research team working in the area of climate alignment models and climate impact modelling
- First work experience in a data analyst role (1-2 years)
- Past or current Bachelor’s or Master’s degree with a primary focus on a quantitative field, e.g. (Sustainable) Finance, Economics, Physics, or related subjects
- Past work experience using R (or Python), familiarity with packages such as dplyr, tidyr, ggplot2 etc. is very beneficial
- Some knowledge of sustainable finance is a plus
- Strong sense of organization and autonomy
- Very diligent working style is an absolute requirement
- Able to communicate effectively within a team and to grasp new concepts quickly
- Willingness to apply even if you don’t tick all the boxes!
We offer you:
- A dynamic team of developers, data scientists, research and policy analysts, and sustainable finance specialists passionate about the climate transition
- A mission that brings together technology and impact
- Flexibility in terms of working hours and a family-friendly working environment
- An environment for growth and collaboration with people from different backgrounds
- Competitive salary subject to experience
About 1in1000: 1in1000 is a new research program by 2°Investing Initiative that brings together new & existing research projects on long-termism, climate change, and (inter-)connected future risks for financial markets, the economy, and society. Its objective is to develop evidence, design tools, and build capacity to help financial institutions and supervisors mitigate and adapt to future risks and challenges. The program focuses on climate change and the universe of risks and challenges linked to climate change, notably ecosystem service and biodiversity loss, as well as risks from a decline in social cohesion and resilience. To achieve this objective, 1in1000 focuses on three main areas: i) Long-term metrics; (ii) Risk (management) tools and frameworks; and (iii) Policies & incentives.
About 2° Investing Initiative:
The 2° Investing Initiative (2DII) is an international, non-profit think tank working to align financial markets and regulations with the Paris Agreement goals. We have been developing tools for the financial sector to better understand the impacts of climate change on the financial sector. This is available free of charge as a climate scenario analysis tool at www.transitionmonitor.com.
The application deadline is 15.06.2021. Please send your application letter to jobs[at]2degrees-investing.org with information on your availability/start date, salary expectations, a CV without a picture, and a short cover letter.
2° Investing Initiative is committed to a policy of equal employment opportunities and will take positive action to continually ensure equal opportunity to our employees and our applicants in the conduct of all business activities.