Applicants should have demonstrated expertise in sustainable finance together with experience in research and technical analysis, and project and stakeholder management.
We are also recruiting a Head of Retail Investing Program with experience in the same field. For the desired qualifications of that profile please see “Head of Retail Investing Program”.
The transition to a low carbon economy requires providers of capital to steer investment decisions in a direction compatible with the Paris Agreement and Sustainable Development Goals. As the ultimate owners and beneficiaries, retail investors play an important role in this evolution towards a more sustainable financial system.
A large majority of retail clients expect their savings to contribute to social and environmental objectives. But currently the integration of these objectives in investment strategies by financial intermediaries is both marginal and superficial.
The European Commission is currently introducing a series of reforms to address this problem, including an obligation for financial advisors to ask about and take into account social and environmental objectives, and an obligation for product manufacturers with social and environmental features to disclose relevant information. We expect these reforms to lead to a major transformation of the retail investing market and inspire similar reforms in other jurisdictions.
Our retail investing program uses a multi-disciplinary approach to support and accelerate this transformation in the EU and beyond, as well as increase the understanding of the impact of financial products in the real economy and consumer expectations in this regard. As a senior research analyst, you can expect to be involved in a diverse range of work including consumer research, behavioural finance, legal and regulatory analysis, policy work, methodological and data work, and software development.
This is principally a research profile. We are looking for somebody to help develop the research and technical analysis and work with partners and stakeholders to ensure this work supports our objective in bringing about a transformation in the EU financial system.
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.
Your main responsibilities will be in relation to developing the research and technical analysis required for the various grants falling under our retail investing program. Our multidisciplinary approach means that you can expect to be involved in the following work activities:
Consumer research on retail clients’ expectations and behaviour
- Designing and implementing quantitative consumer surveys, conducting qualitative interviews and focus groups and liaising with partners carrying our behavioural finance field experiments to explore topics related to purchasing green financial products.
Investment techniques and suitable products
- Assessing different investment techniques and methodologies available to substantiate claims for having an impact in the real economy.
Responsible marketing and distribution
- Supporting investors, banks and fund managers assess the impact of their climate actions.
- Analysing the compliance of environmental claims made by fund managers, investors, and banks.
- Coordinating mystery shopping visits to assess financial advisor compliance with regulatory requirements.
Regulatory and policy work
- Supporting the development of environmental labels on financial products, through technical and legal analysis, and market research on products, data, and consumer preferences.
- Supporting the EU reform agenda in relation to the suitability assessment and accompanying regulatory guidance and national regulation together with exporting the reform to other jurisdictions.
- Advancing the state of the art in terms of evidence-based suitability questionnaires which build on consumer research, behavioural finance, and methodological developments for impact measurement.
- Supporting the development of free and non-commercial online tools comparing retail products on financial and non-financial criteria or providing free, unbiased, non-commercial online financial advisor.
- Masters Degree in Economics/Econometrics/Finance/Engineering or related discipline
- Experience in working in the financial sector (climate or mainstream) or regulatory and policy sector
- Research skills
- Knowledge of key climate / energy related concepts (e.g. energy systems, electricity markets, GHG emissions accounting, etc.) is beneficial
- Knowledge of impact investing concepts
- French working level (essential)
- Willingness to apply even if you do not tick all the boxes!
We offer you:
- A dynamic team of developers, data scientists, analysts, and sustainable finance specialists passionate about the climate transition
- A mission that brings together technology and real-world impact
- Flexibility in terms of working hours and a family-friendly working environment
- Competitive salary subject to experience and office location
Interested in changing finance to tackle climate change? Contact us!
Please send your application (CV without picture and brief cover letter in English indicating your earliest possible start date and salary expectations) to: email@example.com, and mention the reference of this ad in the subject line.
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 to our applicants in the conduct of all business activities.
Job Ref #: 2DII/UE/1020/RT-ANA