FSO - Risk Consulting - FRM (ESG & Climate Risk) - Experienced Hires - Hong Kong

Job description

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. We are the only professional services organisation who has a separate business dedicated exclusively to the financial services marketplace. Join Financial Services (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global perspective. Aligned to key industry groups including asset management, banking and capital markets, insurance and private equity, we provide integrated consulting, assurance, tax, and transaction services. In order to meet the goal of net-zero carbon emissions by 2050, and achieve other targets under the UN SDG17, the financial services industry is going to need to transform how they are doing business. At EY, we define Sustainable Finance as any form of financial service that incentivises integration of long-term environmental, social and governance criteria into business decisions to provide more equitable, sustainable and inclusive benefit for clients and society; All of our basic FSO consulting services will likely have elements of Sustainability/ESG/Climate in the future, given the pervasive nature of the market and regulatory trends. The opportunity We are growing! With the topic of ESG and Climate Risk being at the top of the agenda for Boards and Senior Management within financial services, and the scope and pace of growth of the related product and regulatory horizon developing across the region, we are building on our existing strengths to drive further business growth and deliver greater benefit to our clients. We’re looking for an experienced and self-assured ESG / Sustainability professional to join our Financial Services Risk Management (FSRM) team who can deliver expert insight into sustainable finance, ESG data, products, regulations and industry practices. The candidate will be leading projects and will be able todeal confidently with clients and regulators and build business opportunities in this exciting area. Join our Business Consulting FSRM team within FSO and you will provide a highly integrated broad array of risk management services to capital market participants within global banking, capital markets and asset management. With EY, you have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. That’s how we develop outstanding employees who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. The team you will be working with across FSRM will complement your scope of work with deep knowledge in: Undertaking risk management advice, remediation and transformation Conducting risk management framework design and operational effectiveness Regulatory and compliance consulting Enterprise risk and controls consulting Professional risk support for consulting, internal and external audit services Future operating models Responding to regulatory criticism and regulatory preparedness Providing guidance on current and emerging control practices Advising clients on risk culture, conduct and accountability regimes and practices Conducting important proactive assessments and assurance around the effectiveness of controls and company processes, while also providing objective consulting support EY is seeking candidates with experience in ESG / Climate Risk / Sustainability. Your key responsibilities Business development and management of EY projects with respect to: Substantive matters of current and emerging HKMA, SFC, and global regulatory expectations regarding ESG and Climate Risk Strategy setting and implementation of net-zero commitments made by our clients Advice and guidance on structuring client organizational model (people, process and technology) for ESG / climate risk Structure and function of compliance roles and responsibilities and business models Understanding of ESG and Climate aligned technology and data solutions including fintech and regtech innovation Regulatory change management including planning and communication with regulators Policy development efforts in Hong Kong Climate Risk Management Framework Development Revision or formulation of new policies and controls aligned with regulatory and compliance guidelines and requirements Collaboration with our ESG / climate risk professionals in other parts of the globe (Americas, EMEIA and APAC) on ESG / climate risk To qualify for the role you must have A university degree majoring in sustainability, climate risk, accounting, information systems, data, business or legal related subjects At least 3+ years of solid experience in ESG / Sustainability preferably within the financial services industry, either in a consulting role or in-house. In-depth knowledge of regulatory compliance and risk management is a must. Candidates with lesser experience will be considered at Manager Level Robust practical experience of internal controls, regulatory compliance, risk governance and related operational knowledge Familiarity with Financial Services domain and the regulatory environment of Hong Kong with experience in liaising with HKMA and SFC. Regional experience would be an advantage. Good command of both written and spoken English; dual language skills are a plus Ability to interact with executive levels of clients, regulators and EY management Good influencing skills and stakeholder relationship management skills, advanced conflict management/resolution skills and project coordination experience Strong report-writing skills, with ability to create and organize varying forms of business information while developing it into clear, meaningful, professional reports and presentations Industry related certification is a plus (e.g., FRM, CPA/ CA, CFA, GARP SCR) Sustainability certification is a plus What working at EY offers Support, coaching and feedback from some of the most engaging colleagues around A variety of roles and client experiences, you will have the opportunity to work on multiple client projects solving complex problems across financial services Opportunities to develop new skills and progress your career The freedom and flexibility to handle your role in a way that’s right for you If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible. Join us in building a better working world. Apply now.