Assistant Vice President - Climate Risk

About QNB Group

Founded in 1964 as Qatar's first locally owned commercial bank, QNB Group has evolved into the largest banking institution across the Middle East and Africa, operating in over 31 countries. With more than 28,000 employees serving approximately 20 million customers from 1,000 branches and 4,300 ATMs, QNB is recognized for its robust financial performance and strong credit ratings from agencies such as Standard & Poor's, Moody's, and Fitch. The Group is also known for its significant community engagement and sponsorship of diverse social, educational, and sports initiatives.

Role Summary

This position provides key support to the bank’s climate risk and emissions strategies by refining Scope 3 emissions methodologies and tracking sector-specific climate targets. It entails scenario analysis, both internal and external reporting, and managing risks related to climate change—physical, transitional, and nature-related—while ensuring adherence to climate risk regulations across jurisdictions.

Key Responsibilities

• Ensure climate risk governance, frameworks, and policies uphold the Group's credit ratings and reputation.
• Enhance and compute Scope 3 financed emissions methodologies and monitor sector-specific emissions pathways with interim targets.
• Assist in executing climate scenario analyses and effectively communicate outcomes; contribute to climate risk disclosures.
• Identify, assess, and mitigate physical, transitional, and nature-related climate risks.
• Implement KPIs and best practices to oversee climate and nature-related financial risks.
• Drive cost efficiency, productivity improvements, and benefit optimization for the bank.
• Support the Board with emerging scenario identification and related climate risk impact communications.
• Coordinate firm-wide adherence to risk frameworks, policies, and processes across international branches.
• Maintain well-documented risk procedures and policies fostering sound risk-taking.
• Collaborate with different departments to integrate climate and nature risks in business operations.

Stakeholder Engagement

• Act as a principal contact on climate and nature-related financial risk across the Group.
• Work with risk teams for implementing climate and nature risk frameworks and maintain SLAs with international entities for prompt delivery.
• Build and sustain effective relationships with internal units to meet Group objectives.
• Provide accurate data to auditors, compliance, financial control, and risk units when requested.

Internal Processes & Regulatory Compliance

• Support development of frameworks for measuring and managing financial risks from climate and nature perspectives, aligned with regulatory standards.
• Draft governance documentation and risk framework materials.
• Integrate climate risk into portfolio analysis, risk appetite, and ICAAP processes.
• Collaborate with credit and liquidity risk teams to enhance portfolio analysis tools.
• Review stress testing and scoring outputs; advise credit approvers on actions for high-risk customers.
• Contribute to sustainability and climate-related disclosures in line with IFRS S1 and S2.
• Develop deep knowledge of climate change drivers and financial risk implications.

Professional Development

• Demonstrate strong business acumen and proficiency in crafting risk policies.
• Proactively pursue personal development opportunities and keep abreast of industry changes.

Legal and Regulatory Responsibilities

• Adhere to all applicable laws, regulations, and internal compliance standards, including AML, sanctions, data protection, fraud control, whistleblower protection, and conflict of interest policies.
• Operate effectively under the Three Lines of Defence risk management framework.
• Ensure customer outcomes comply with Conduct Risk policies.
• Support operational risk management activities such as RCSA, KRI, incident reporting, and remediation.
• Maintain necessary knowledge and complete all mandatory trainings and seminars.

Additional Duties

• Safeguard data confidentiality and protect sensitive commercial information.
• Handle customer and internal information discreetly, sharing only on a need-to-know basis with senior management, auditors, compliance, and regulators.
• Uphold high professional standards to maintain QNB's market leadership and reputation.
• Perform other assigned duties as required by management.

Education and Experience

• Bachelor's degree in Banking, Finance, Accounting, Economics, Business Administration, or a related field; a Master’s degree is preferred.
• Minimum of 10 years' relevant banking experience in a managerial role, ideally within a renowned international bank.
• Hands-on experience in developing and enhancing climate and nature risk management frameworks, including net-zero initiatives.
• Professional certifications related to sustainability and climate risk (e.g., GARP Sustainability and Climate Risk) are advantageous.

Application Requirements

• Resume/CV
• Copy of Passport or QID
• Copy of Educational Certificates