Advisor (Climate Change, Environmental & Social Risk)
EDC is Canada's export credit agency, offering information, knowledge and innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC's knowledge and partnerships are used by more than 10,000 Canadian companies and their global customers in up to 200 markets worldwide each year. In 2018, EDC has been recognized as a Top 100 Employer and a Top Family-Friendly Employer.
EDC is financially self-sustaining, and is a recognized leader in financial reporting and economic analysis.
Team & Job Overview
Our Environmental Social Risk Management (ESRM) team is seeking to recruit a new Environmental and Social Risk Advisor. The Advisor will become an integral part of a multi-disciplinary advisory team composed of experts in social and human rights assessment, community engagement, labour and occupational health and safety, environmental management, environmental law and biodiversity, with a specific focus on the international arena.
Within the framework of EDC’s legal, international and corporate sustainability and responsibility requirements, an Environmental and Social Risk Advisor provides expert advice to EDC in managing environmental and social risks associated with EDC’s financing and insurance transactions, in accordance with EDC’s environmental and social review and risk management policies, procedures and legal requirements.
The primary focus for this role will be to support the implementation of EDC’s climate change commitments through the provision of expert research, analysis and advice, as well as cross-team coordination and engagement. The Advisor will support the development, implementation and/or refinement of climate change-related policies, programs, procedures and initiatives, including those related to the Task Force on Climate-Related Financial Disclosures (TCFD) and EDC’s Green Bond program. The Advisor will also contribute to the management of EDC’s various climate-related data monitoring requirements, including climate finance and transaction- and portfolio-level greenhouse gas information. Accordingly, the ideal candidate will be comfortable working with large datasets, adept at managing and adapting data systems and requirements, as well as presenting quantitative and qualitative information for internal and external consumption. The Advisor would also contribute to the broader environmental and social risk management requirements of ESRM, as required.
This is an exciting opportunity for a resourceful, collaborative and creative self-starter to work directly in the emerging area of climate change in the financial services sector.
- Supports the corporate environmental and social risk management framework, including determination of risk tolerance, limits and delegations, measurement, and implementation of an integrated risk modeling system;
- Undertakes assessments of potential risks for the organization at every level and aggregates the results at the corporate level to facilitate priority setting and improved decision-making;
- Identifies and analyzes potential non-credit related sources of risk in transactions, and for the operations of the Corporation more broadly, and recommends strategies for minimizing risks;
- Communicates information regarding business risks across the organization.
Supporting the Director and Senior Advisors, the Advisor will:
- Implement EDC’s climate change-related policies, procedures, programs and/or initiatives, in collaboration with partners across the organization;
- Conduct climate-related data analysis and monitoring, including climate finance and transaction- and portfolio-level greenhouse gas information;
- Liaise with external consultants and ensure they are delivering on EDC’s requirements;
- Fulfill EDC’s legal, international and corporate requirements for due diligence of environmental and social risks by identifying and assessing environmental and social impacts and risks associated with transactions to which EDC may provide support;
- Conduct project benchmarking against international environmental and social standards and support the negotiation and structuring of environmental and social commitments in financing and insurance documentation;
- Independently review monitoring reports and identify and assess potential environmental and social risks, and presents findings in written reports for Asset Management and Loans Services;
- Organize and participate in site visits to projects to assess environmental and social risk, observes on-site conditions, and documents findings;
- Support ESRM and corporate continuous-improvement initiatives through the use of problem-solving and other related techniques;
- Design and deliver training for EDC’s Business teams;
- Effectively communicate team objectives, consistently promote teamwork, solve problems.
- Completion of a degree in an environmental field, such as environmental science or management, environmental economics, ecology, climate change, water resources, or in a related field such as Law (environmental or climate change), engineering, or sustainable development
- Experience in corporate sustainability and responsibility issues and their relevance to the financial services sector
- Knowledge of climate change and the role of the financial services sector in the transition to a low carbon economy
- Experience with climate-related data analysis, including greenhouse gas measurement, monitoring and management
- Experience with policy development, implementation and/or training
- At least 5 years of relevant work experience in the area of climate change, such as in the financial sector or with companies operating in carbon intense sectors (e.g., oil and gas, mining and metals, manufacturing, transportation)
- Knowledge and experience of TCFD and relevant reporting frameworks/benchmarks (for example CDP)
- Experience with climate-related scenario analysis
- Familiarity with international environmental and social standards, such as the International Finance Corporation’s Performance Standards, and the Equator Principles.
- Bilingual in both official languages (French and English) and/or the ability to communicate in other languages relevant to ESRM, such as Spanish
- Experience working with or for financial sector entities
- Experience with international organizations, such as the IFC, WB, OECD, UN
- Master's in a Sustainability, Climate Change or Finance-related subject
- $73,000 - $109,000 + performance-based incentive
Please be advised that this position is based at our Head Office in Ottawa. Relocation assistance is available for eligible candidates.
How to apply
Only candidates selected for an interview will be contacted.
Application deadline: February 8, 2019, 11:59 p.m. EST on www.edc.ca/careers