Assistant Vice President, Climate Scenario Analysis MY

Job Summary:

In line with the Group's vision of being a Sustainability leader in ASEAN and to ensure regulatory compliance, the incumbent will be responsible for managing climate scenario analysis and climate stress testing exercises (collectively termed as CSA) at both the Group level and the entity level (i.e. CIMB Bank Berhad, CIMB Islamic Berhad, CIMB Investment Berhad covering Malaysia and international branches/offices).

Job Description

:The incumbent will support Head of Climate Risk in the following areas

• :Implement regulatory and internal CSA exercises to quantitatively and/or qualitatively assess the impacts of climate-related transition and physical risks on the Group's Credit Risk, Market Risk, Liquidity Risk, and Operational Risk exposure
• sCoordinate and collaborate with other risk teams and business units/enablers (e.g. frontliners, Group Sustainability) to develop, enhance and/or validate climate risk models, as well as to develop an appropriate set of framework, methodology, policy and/or procedure for CSA and integrate the same into the Group Stress Testing Framewor
• kStrategise, develop and implement initiatives and/or process improvements to strengthen the Group's CSA framework and processes as well as their implementation in other countries, so as to ensure group-wide compliance with the most up to date regulatory requirements & market standard
• sCommunicate the outcomes of climate scenario analysis with internal and external stakeholders, with the objective of deriving meaningful management actions to reduce the Group's exposure to climate risk