Intern

Purpose of the Job

The intern will assist colleagues in the climate risk team to fulfil the Bank’s commitments under its climate risk procedures and methodologies, as well as to meet the team’s wider objectives. This includes supporting the overhaul of the methodology, process, data collection and management of information relating to climate-related financial risk assessment.

• A 12-month internship with a focus on the identification and assessment of climate-related financial risk
• Supporting the work of the Climate Risk team in assessing, tracking and collecting data on climate-related financial risks of the EBRD’s existing portfolio, as well as new clients
• The priority of the Intern will be to collect, manage, organize, and control the data used for the identification and assessment of financial impacts of climate-related financial risk on the Bank’s clients
• The Intern will assist with a wide range of activities including client-specific research, data collection and organization, preparing presentations and ensuring items are documented, attending meetings keeping minutes, and some administrative tasks

Accountabilities and Responsibilities

Work under the supervision of a Climate Risk team member and assist on activities assigned. Key responsibilities include:

• Become familiar with Climate Risk team process documents
• Gather research on EBRD clients from publicly available sources on their own disclosures of climate risk exposure and, were relevant, specific vulnerabilities within their supply chain
• Aggregate and maintain current information and collect further information on climate-related financial risk into an overall database to allow for better data understanding and management  
• Extract relevant screening data into the format needed for the new climate risk tool
• Manage and ensure prudent control of the data collected for the EBRD’s existing portfolio clients and new transactions in order to extract key trends/themes and improve on-going assessments the relevant climate risk approach
• Assist with identifying and assessing existing and new clients, recording assessment outcomes and any relevant monitoring KPIs
• Under guidance of a senior team member, analyse and compile data from internal sources to develop a comprehensive database by systematically interrogating various internal files to extract relevant data. The collected data will then be compiled into a meaningful and cohesive database, to support further analysis and decision-making
• Under guidance of a senior team member, recalibrate quantitative assessments and processes carried out to reproduce results for audit control purposes
• Meticulously collect and review existing data and procedures, recalibrating quantitative assessments to ensure accuracy, by reproducing results to verify consistency
• Work on a range of assigned projects, and initiatives, as a team member and taking responsibility for assigned tasks and activities. These activities may include supporting the methodology drafting, collating comments, control checks, climate risk monitoring etc
• When required, support in the coordination of meetings and events as well as assisting with collaboration with other Bank departments and propose potential refinements to improve the climate-related financial risk assessment and monitoring process
• Contribute to the continuous improvement of internal processes and procedures, including the streamlining, collection, management, and automation of data
• Work in line with Bank’s Behavioural Competencies and Corporate Behaviours

Knowledge, Skills, Experience and Qualifications

• Degree in data science and/or, economics, engineering, or related field or comparable professional experience. Familiarity and some experience in control or finance as well as climate-related financial risk is desirable
• Proven analytical research and quantitative skills, particularly advanced Excel, are critical
• Ability to gather, organize, manage, derive insights, and control data is an essential requirement
• Research and analytical skills
• Knowledge of climate risks
• Strong, effective time management delivery and effective organisational skills and ability to multi-task without losing attention to detail
• Good interpersonal skills and an ability to work independently and within a team
• Excellent written and spoken English
• Ability to work effectively as a team member and to deadlines and under time pressure
• Meticulous attention to detail with data analysis skill including the ability to interrogate and prompt co-pilot or similar LLM process and present the results to a non-technical audience

What is it like to work at the EBRD?

Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people's lives and help shape the future of the regions we invest in. 

The EBRD environment provides you with:

• Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in;
• A working culture that embraces inclusion and celebrates diversity;
• An environment that places sustainability, equality and digital  transformation at the heart of what we do.

Diversity is one of the Bank’s core values which are at the heart of everything it does.  A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities.  As an inclusive employer, we promote flexible working and expecting our employee to attend the office 50% of their working time.

Please note, that due to the high volume of applications received, we regret to inform you that we are unable to provide detailed feedback to candidates who have not been shortlisted (for further consideration).