The European Bank for Reconstruction and Development (EBRD) is recruiting an Associate, Climate Risk for its Risk Management division in London. The position is a regular contract and focuses on climate-related financial risk, data, methodologies, scenario analysis, governance and financial risk assessment.
The role is suited to professionals who can combine financial risk knowledge with an understanding of climate and sustainability issues. The position also involves working with data, financial models, policies and senior-facing communications.
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The application posting has an end date of 31 August 2026.
This is an independent career guide based on the employer-sourced information provided for the vacancy. It is not an official EBRD recruitment communication.
What the Associate, Climate Risk role involves
The Climate Risk team is a specialist second-line function within EBRD’s Risk Management division. Its work supports the integration of climate-related financial risks into the Bank’s activities, risk culture and decision-making frameworks. The team also contributes to EBRD’s wider work on climate and green finance.
For the Associate, much of the work centres on improving how climate-risk information is structured, analysed and used. The role involves contributing to climate risk methodologies, internal databases and procedural frameworks, as well as supporting policy-related work.
The position also has a forward-looking element. The successful candidate will contribute to climate scenario analysis and stress testing, helping produce insights that can inform portfolio resilience, strategic planning and risk-adjusted business decisions. Presentation materials for senior audiences are another part of the job.
Key areas of responsibility
The vacancy spans several connected areas rather than being limited to one technical discipline.
Climate methodologies, data and procedures
The Associate will contribute to refining climate risk and financial-related sustainability risk methodologies and help make them practical and usable. Responsibilities include preparing, aggregating and reviewing climate risk data to identify trends, gaps and useful insights.
The role also involves contributing to databases and data structures, as well as drafting sections of procedures and policy materials.
Governance and controls
The position supports the strengthening of internal controls and governance practices. This includes preparing material for internal and external reviews, identifying inconsistencies in documentation and suggesting practical improvements.
Being able to produce clear, well-structured and audit-ready material is therefore an important part of the role.
Financial risk and credit support
Climate risk is considered in the context of financial risk. The Associate will contribute to climate sensitivities and stress-testing work relevant to credit assessment and review financial model assumptions to identify their climate-risk implications.
An applicant therefore needs to be comfortable connecting climate issues with financial outcomes rather than treating sustainability as a separate subject.
Stakeholders, presentations and projects
The role includes discussions with stakeholders such as bankers and first-line climate specialists. The Associate is expected to prepare concise written inputs, summaries and agreed actions.
There is also a communication component involving materials for senior audiences, including minutes, summaries and consultation notes. Project work requires tracking timelines and risks while helping produce documentation that supports delivery.
Requirements for the Climate Risk Associate
The educational background requested is a degree in Finance or Economics with some focus in Environmental Science or Sustainability, or equivalent experience. However, the vacancy also calls for substantial practical knowledge across financial risk and climate-related areas.
Key areas include:
- Experience with financial risk assessments and financial models, including understanding how climate factors can affect client or portfolio-level financial risk.
- Ability to assess climate-related effects on cash flow and covenant performance.
- Working knowledge of financial-related sustainability risk approaches and frameworks including TCFD, ISSB and CSRD.
- Understanding of financing instruments and client types such as loans, equity, corporates, financial institutions and sovereigns.
- Strong analytical and quantitative skills, including proficient use of Excel.
- Working-level experience with SQL and/or Python for data inputs, database structures and practical data solutions.
- Experience supporting or applying climate scenario analysis frameworks such as NGFS.
- Strong writing and communication skills, particularly for concise materials intended for executive audiences.
The employer also expects experience contributing to policies, procedures or methodologies, including independently drafting specific sections with limited supervision.
Applicants should be comfortable working with ambiguity, managing multiple priorities and taking ownership of their work. Strong interpersonal skills and the ability to work constructively across functions are also listed among the requirements.
Climate knowledge is an important part of the profile
The technical requirements extend beyond financial risk. The vacancy asks for familiarity with international climate policy developments, including the Paris Agreement, and an understanding of how these developments influence financial institutions.
Knowledge of GHG accounting and emissions disclosures, decarbonisation plans and the use of climate data in financial risk analysis is also required. Familiarity with the countries where the Bank operates or plans to operate is included in the qualifications.
This combination makes the position particularly focused on the intersection of finance, risk management, data and climate-related financial analysis.
Working at EBRD
According to the supplied employer information, EBRD describes itself as a diverse international organisation where employees interact with experts across the financial, political, public and private sectors in the regions where it invests.
The organisation highlights Inclusiveness, Innovation, Trust and Responsibility as its values. Its workplace behaviours include listening and speaking up, collaborating, acting decisively and simplifying work to increase impact.
The vacancy information also describes a hybrid workplace based on trust, flexibility and connectedness. Other features highlighted by EBRD include varied work, an inclusive and diverse culture, a focus on sustainability and digital transformation, and a comprehensive suite of competitive benefits.
EBRD states that it encourages qualified candidates who are nationals of EBRD member countries to apply and emphasises equal opportunities and an inclusive working environment.
Application deadline
The posting lists 31 August 2026 as the posting end date. Candidates considering the role should review the employer’s current vacancy information and application instructions before submitting their application.
Because the supplied source does not include a direct official application URL, no application address has been reproduced or created here. Applicants should use the EBRD’s official careers/vacancy page to locate the current posting and submit their application.