Environmental and Social Risk Manager - TJ / 1902306

Sindh Bank Limited is seeking a seasoned professional to join its Risk Management Division as the Unit Head for Environmental and Social Risk Management (Credit Risk) based in Karachi. The successful candidate will be responsible for developing and implementing robust frameworks to identify, assess, monitor, and manage environmental and social risks linked to the Bank’s financing activities. This role requires integrating environmental and social risk assessments into credit appraisal and monitoring processes, evaluating potential risks associated with financed projects, ensuring compliance with regulatory guidelines and internal policies, and collaborating with various business units to promote responsible lending. The position plays a critical role in strengthening the Bank’s overall credit risk management framework while supporting sustainable and environmentally responsible banking practices.

Key Responsibilities

- Develop and implement a comprehensive Environmental, Social, and Climate Risk Management (EnvRM) system tailored to the size and nature of the Bank’s financing and investment portfolios.
- Create and maintain the Environmental & Social Risk Avoidance List and General Environmental & Social Checklist, including sector-specific checklists customized for various industries.
- Establish and apply an Environmental & Social Risk Rating and Risk Categorization Model to assess potential risks associated with clients and financing transactions.
- Collaborate with the Green Banking Office to support and enhance green banking initiatives and environmental programs within the Bank.
- Develop and implement an internal EnvRM manual detailing step-by-step procedures for evaluating environmental risks, rating and categorizing those risks, and assigning roles and responsibilities across different organizational levels.
- Ensure compliance with all relevant legal and regulatory requirements related to environmental protection, climate change policies, and adherence to Multilateral Environmental Agreements across the Bank’s portfolios.
- Conduct regular assessments and monitoring to provide reasonable assurance that the customer portfolio and investments comply with environmental and climate standards.
- Support the integration of environmental risk considerations into credit and investment decision-making processes.
- Provide expert advice and guidance to risk and compliance teams on environmental and social risk challenges and mitigation strategies.
- Prepare detailed reports and documentation related to environmental and climate risk management for senior management and regulatory authorities.
- Stay informed on emerging trends, regulations, and best practices in environmental, social, and climate risk management to continuously improve the EnvRM framework.
- Perform additional tasks as assigned by the Deputy Head of Enterprise Risk Management Department and Head of Risk Management Division to support the Bank’s overall risk management strategy.

Required Qualifications

- Minimum of 3 years of banking experience within a Risk Management Division.
- Graduate degree is mandatory; an MBA with specialization in Banking, Finance, Actuarial Sciences, or Environmental Sciences from a recognized university is preferred.

Additional Information

- Age limit for this position is up to 50 years.
- Sindh Bank Limited is an equal opportunity employer and encourages applications from all qualified candidates, including persons with disabilities, regardless of gender or religion.

This role offers an excellent opportunity for professionals committed to integrating environmental and social governance into financial risk management, contributing to sustainable banking practices while advancing their career in a reputable financial institution.