Social and Environment Advisory, Risk, Regs and Disclosure

Job description

Job Description:

Job Title: Social and Environmental Advisory Risk, Regs and Disclosure

Corporate Title: Senior Vice President

Location: London

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Our London office is based just a stone's throw from the magnificent St. Paul's Cathedral on bustling King Edward Street. Here you'll find modern workspaces and a state-of-the-art auditorium space. In addition, we're proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind.

Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical center.

Role Overview:

• The candidate will be a Social and Environment subject matter expert and point of contact for colleagues and management
• Serve as a resource and provide technical expertise for key internal stakeholders on environmental and social issues, policies and positions
• Reports to the International Executive, Social and Environment Group (CSR)
• Works closely with the global Public Policy, global E+S Advisory, LOBs & disclosure teams at a complex, global financial institution
• Responsible for working with lines of business, risk colleagues and other partners to assess and manage environmental and social risk
• Coordinator and point of contact, joining dots and representing risk within the Social and Environment group across international regions
• Works with team to help shape and respond to ESG international regulatory changes and requirements

Responsibilities:

• Work with USA Advisory Executive to design, prepare and implement policies and procedures to address environmental and social reputation risks
• Identify and analyze a full range of known and emerging ESG issues material to the bank and produce executive summaries to help shape our point of view on these topic
• Prepare and deliver briefings on environmental and social risks and issues and brief executives ahead of internal and external events, including Committee meetings
• Co-ordinate internal partners to facilitate monitoring of emerging reputational risks, peer policies and public policy elements in regions, with a focus on social reputational issues
• Work with LOBs to manage and conduct environmental and social due diligence for products, relationships and at the transaction level from a reputational risk perspective
• Support the LOBs with responding to client RFPs and surveys, providing Enterprise information requested by such counterparties and clients
• Work with USA Advisory pillar and regional Business Selection and Conflicts team to ensure reputational risks are identified and mitigated both in on boarding as well as transactional
• Part of the team responsible for the environmental & social risk review of clients and transactions, ensuring appropriate monitoring processes are in place, aligned to market and regulatory expectations.
• Provide understanding and awareness of applicable Enterprise ESG policies, guidelines and project-specific requirements and ensure teams and LOBs across the firm have the necessary controls, resources and training in place to adhere to requirements
• Provide internal and external reporting guidance and expertise
• Engage with external partners to incorporate feedback and best practices, monitor industry trends

What we are looking for:

• Prior experience in environmental and social issue management, evaluating clients and transactions for compliance with ESG policies and standards
• Experience in working for a financial institution, understanding bank products and decision-making processes
• Critical thinking skills, capacity to process complex issues, and ability to analyze, interpret and summarize vast amounts of information quickly
• Strong writing and research skills, combined with ability to filter, summarize and communicate complex relevant issues to executives and other internal and external audiences
• Ability to anticipate potential reputational risks for the company and design mitigations and controls. KPIs to monitor effectiveness.
• Able to work with minimum supervision in a fast-paced environment and balance multiple projects, priorities and deadlines
• Strong organizational skills, including the ability to create and maintain work processes and keep work on track across multiple, matrixed teams
• Develop and manage strong, productive relationships across various business groups within the company
• Proven analytical and problem-solving skills
• Excellent external networks and knowledge connections
• Excellent interpersonal skills, ability to interface with a wide range of internal and external stakeholders comfortably and regularly

Skills / Qualifications:

• Prior experience working in an area related to environmental and social issues and/or public policy, including experience and knowledge of global industry guidelines, regulations and frameworks including (e.g. EU CSRD, Capital Requirement regulation etc)
• Comfortable in a complex, fast paced and results-oriented corporate environment
• Exceptional organizational and time management skills, ability to successfully multi-task and make accurate decisions under short time deadlines and with minimal supervision
• Excellent verbal and written communication skills with proficiency in PowerPoint, Excel and other business technologies an absolute must
• A comprehensive understanding of ESG-related regulatory developments, including recommendations from the TCFD, TNFD, EU CSRD, and Taxonomy Regulation, among others.
• Experience in risk management processes and frameworks, disclosures, and a general understanding of the supporting data and infrastructure environment

Benefits of working at Bank of America:

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK's most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

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