AVP, Climate Scenario Analysis
CIMB Bank Berhad
In line with the Group's vision of becoming a Sustainability leader in ASEAN and ensuring compliance with evolving regulatory expectations, the AVP, Climate Scenario Analysis will play a key role in driving the development, execution, and enhancement of climate scenario analysis and climate stress testing exercises (collectively referred to as CSA) across the Group.
This role covers both Group-level and entity-level requirements, including CIMB Bank Berhad, CIMB Islamic Berhad, CIMB Investment Berhad, as well as Malaysia and international branches/offices.
The incumbent will support the Head of Climate Risk in embedding climate risk considerations into the Group's overall risk management framework, ensuring alignment with regulatory guidelines, industry best practices, and sustainability commitments.
Key Responsibilities
1. Climate Scenario Analysis & Stress Testing Execution
- Lead and support the implementation of regulatory and internal Climate Scenario Analysis (CSA) and climate stress testing exercises across the Group.
- Assess the quantitative and qualitative impact of climate-related transition and physical risks on key risk types, including Credit Risk, Market Risk, Liquidity Risk, and Operational Risk.
- Ensure climate risk outputs are robust, consistent, and aligned with internal stress testing methodologies and regulatory expectations.
2. Climate Risk Framework & Methodology Development
- Collaborate with Group Risk, business units, and enabling functions (including frontliners and Group Sustainability) to develop, enhance, and validate climate risk models.
- Design and refine CSA frameworks, methodologies, policies, and procedures to ensure consistency across the Group.
- Integrate climate scenario analysis into the Group Stress Testing Framework and broader risk management architecture.
- Support continuous enhancement of assumptions, data inputs, and modelling techniques in line with evolving regulatory and market standards.
3. Cross-Functional Collaboration & Stakeholder Engagement
- Work closely with internal stakeholders including Risk, Finance, Business Units, Sustainability, and Data/Analytics teams to ensure effective execution of CSA exercises.
- Drive alignment and coordination across entities and countries to ensure consistent application of CSA methodologies.
- Act as a subject matter contributor in discussions related to climate risk integration into business and risk decision-making.
4. Regulatory Compliance & Industry Standards
- Monitor and interpret regulatory developments and industry best practices related to climate risk, stress testing, and sustainability risk management.
- Ensure CSA frameworks and processes remain compliant with latest regulatory expectations and supervisory guidance.
- Support regulatory submissions, internal governance reviews, and audit requirements related to climate risk assessments.
5. Reporting, Communication & Insights
- Communicate CSA outcomes, insights, and key risk findings to senior management and relevant governance committees.
- Translate complex climate risk analysis into meaningful insights to support strategic decision-making and risk mitigation actions.
- Provide clear recommendations to reduce the Group's exposure to climate-related risks and enhance resilience.
- Prepare presentation materials and reports for internal and external stakeholders, including regulators where required.
6. Process Enhancement & Strategic Initiatives
- Identify opportunities to improve CSA processes, tools, and frameworks through automation, data enhancement, and methodological refinement.
- Drive initiatives to strengthen Group-wide CSA capabilities and ensure scalability across regional operations.
- Support the development of long-term climate risk strategy and integration into enterprise risk management.
Requirements
Qualifications
- Bachelor's degree in Finance, Economics, Risk Management, Environmental Science, Data Analytics, or related field.
- Professional certifications in Risk, Finance, or Sustainability are an advantage.
Experience
- 5–8 years of experience in risk management, stress testing, financial modelling, sustainability risk, or related fields.
- Experience in climate risk, ESG risk, or scenario analysis is highly preferred.
- Background in banking or financial services industry is an advantage.
- Exposure to regulatory stress testing or model development is beneficial.
Skills & Competencies
- Strong understanding of risk management frameworks and stress testing methodologies.
- Knowledge of climate risk concepts, including transition and physical risk drivers.
- Strong analytical, quantitative, and problem-solving skills.
- Ability to interpret complex data and translate into actionable insights.
- Strong stakeholder management and communication skills.
- Ability to work across multiple teams and geographies in a complex environment.
- Proficiency in data analysis tools and financial modelling is an advantage
