About the position:
We are looking for a Stress Test (Senior) Analyst to join our growing stress testing team and 1in1000 project. The team works on the development and implementation of our range of stress test and scenario projects in partnerships with central banks, financial supervisors and international financial organizations in the banking, pension fund and insurance sector. We are looking for somebody interested in research and technical analysis as well as implementation of our stress tests. The candidate should have a collaborative approach to work and a track record of problem solving while working with high attention to detail in a fast-paced environment. The successful candidate will support the development, implementation and management of our long-term risk and climate stress testing projects.
- Developing climate and sustainability stress-test scenarios and models 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
- Improving and refining our stress testing methodology
- Supporting our stakeholders and partners in the supervisory community in applying and interpreting the stress-test exercises.
- Represent 1in1000 in external climate stress testing specific conversations
- Working with the broader 2DII research team working in the area of climate alignment models and climate impact modelling
- Masters Degree
- Experience working in climate and quantitative risk management either at a financial institution or consulting company with a proven record of successful client facing interactions
- Knowledge of the regulatory development on climate stress testing in the banking sector and/or experience in working for or with financial supervisory authorities or central banks
- Experience in working on stress-tests (climate or mainstream, ideally in the area of corporate loanbooks, listed equity, and corporate bonds portfolios, alternatively, experience in sell-side equity or credit risk research
- Knowledge of climate financial scenarios and their sources is a plus
- Knowledge of key climate / energy related concepts (e.g. energy systems, electricity markets, GHG emissions accounting, etc.) is beneficial
- Experience with data wrangling and analysis in R (or Phyton) is a plus
- Demonstrated interest in the positive impact against climate change
- Willingness to work with highly collaborative, flexible, and innovative teams
- Willingness to apply even if you do not 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 adjacent 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 to mitigate and adapt to future risks and challenges. The programme focuses on climate change (inter-) connected risks and challenges, notably risks stemming from ecosystem services and biodiversity loss, as well as risks from social cohesion and resilience. To achieve this objective, 1in1000 operates with 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 15.06.2022. 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.