Description : Global Environmental and Social Risk Management-Associate. Company : JPMorgan Chase Bank, N.A.. Location : New York, NY

Posting Description

As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.

Global Environmental and Social (E&S) Risk Management team employees are responsible for developing and implementing the firm's approach to environmental risk (including Climate Risk) and / or social risk.

Firmwide Environmental Risk staff are responsible for the Risk framework and may also provide oversight and escalation point for LOB Environmental and/or Social Risk teams.

They provide oversight of line of business processes that support consistent, identification, escalation, management and monitoring of environmental and/or social risk issues. Responsibilities include a) reviewing environmental and/or social risk situations that have potential material financial or reputation risk; b) providing review process guidance, identifying and proactively assessing opportunities for process improvements in environmental and/or social risk data/ technology applications and reporting; and c) partnering on environmental and/or social risk tactical and strategic projects firmwide or within the LOBs.

Job Responsibilities

In this role, your primary mandate is to ensure relevant transactions meet the firm's Environmental and Social Risk Policy requirements, thereby also helping to safeguard the firm's reputation, and to provide effective challenge to the front office. Financial products covered include equity and debt underwriting, loans and credit facilities and some M&A activity. Sector coverage includes but is not limited to mining, oil and gas, agriculture, forestry & pulp and paper and power.

We are looking for someone excited to join our organization and passionate about E&S topics. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.

As the ideal candidate you will be responsible for assessing deals and leading strategic research initiatives with support from the rest of the team. You need to be a self-starter, able to articulate your thoughts clearly and have excellent attention to detail as you will be interfacing with a variety of internal counterparts across the firm as well as with clients. The role may involve limited travel and is an excellent opportunity to provide you exposure to a broad spectrum of industries across multiple asset classes and geographies.

Additional responsibilities would include:

• Developing and driving research on a range of environmental and social issues and thematic topics that affect the firm's clients e.g. human rights, biodiversity, supply chain issues etc.
• Undertake enhanced E&S risk due diligence on clients and transactions (live and retrospectively)
• Support / lead training efforts within the firm on E&S risk matters
• Engage with other functions across the firm on E&S risk matters e.g. with 1LOD, Corporate Responsibility, Compliance, Controls, other risk functions etc.
• Monitoring of, and participation in, responding to global E&S related regulations (existing and evolving)
• Participation in preparation of external E&S risk related disclosures
• Support on internal initiatives e.g. updates to E&S risk related documentation, research on emerging / evolving E&S risk topics, risk identification and new business initiative processes
• Support on external E&S risk related initiatives
• Assessing environmental and social risk in transactions
• Assessing the environmental and social risk profile and performance of clients
• Providing training to staff on environmental and social risk

Required qualifications, capabilities and skills

• 5+ years of experience in a relevant environmental and social risk / sustainability role ideally with a focus on human rights or biodiversity related topics
• Deep understanding and working knowledge of environmental and social issues and operating practices across a range of sectors
• University degree in a relevant field (e.g. environmental studies, sustainability, geography, development economics, finance)
• Robust understanding of banking products and decision making processes
• Strong client and commercial focus
• Ability to convey information clearly, accurately and succinctly (both written and verbally)
• Working knowledge of the Equator Principles and IFC Performance Standards and other relevant banking and corporate sustainability initiatives
• Excellent analytical (proficient in Excel, large datasets and other third party sources) and interpersonal skills
• Ability to draft high quality presentations and documentation
• Fluency in another language (preferably Spanish or Portuguese)
• Experience working with regulators on environmental and social matters
• Experience in sectors such as oil and gas, mining, agriculture, large infrastructure preferred
• Experience in topics such as biodiversity and human rights
• Working knowledge of third party E&S tools (MSCI, Sutainalytics, RepRisk, IBAT, etc.)
• Hands on experience in carrying out E&S due diligence and related E&S risk management analysis
• Excellent interpersonal, communication (oral and written) skills
• Familiarity with green products (e.g. Sustainability Linked Loans, Green Bonds, etc.)
• Familiarity with emerging and current ESG topics that are or will be impacting large global banks

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.

The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.

As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

Equal Opportunity Employer/Disability/Veterans

Base Pay/Salary
New York,NY $105,000.00 - $130,000.00 / year