BCG - Boston Consulting Group
Expert Project Leader, Climate Risk in Banking
Location:
Boston, New Jersey, New York, Philadelphia, Washington, D.C.
Geography:
North America
Capabilities:
Corporate development & finance, Risk management, Strategy, Sustainability
Industries:
Financial institutions, Insurance, Social sector
Who We Are
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.
Practice Area Profile
Climate change is not a future threat—it’s an immediate one. BCG’s Climate & Sustainability practice (C&S) partners with businesses and governments to help them transform commitments into action and build a decarbonized, more sustainable world, driving technological and economic transformations to realize sustainable competitive advantage.
As part of our commitment to protecting the planet and helping clients achieve sustainable competitive advantage, BCG is deepening and broadening its focus. C&S brings together more than 550 experts covering the full range of sustainability topics, including biodiversity, circular economy, decarbonization, sustainable agriculture, transition financing, water management, and other ESG topics—across all sectors—to support our clients around the world.
What You'll Do
WHAT WE NEED
BCG is looking for an Expert Project Leader or Associate Director focused in Climate Risk in Banking to join our Climate and Sustainability team and work alongside some of the world’s top minds in the industry. You will play a critical role in the growth of our Climate Risk in Banking topic through case execution, client development, and intellectual property and product creation. BCG helps clients transform their business models to optimize for societal and business value. With businesses facing more pressure than ever to rethink their role in society and improve their impact on people and the planet, BCG is looking for an expert to help our clients take on difficult challenges when it comes to climate and sustainability.
WHAT YOU'LL DO
In this unique role, you will spend your time:
- Leading consulting engagements focused on Climate Risk and Climate Finance in Banking
- Developing BCG’s thought leadership content and programs as part of our Climate and Sustainability practice in support of BCG’s clients and commercial agenda.
- Define and implement comprehensive risk and compliance government frameworks
- Help clients in development of front-to-back climate risk management capabilities including, risk identification, assessment, measurement, management, scenario analysis and disclosures.
- Develop climate scenario analysis capabilities – scenario generation, integrated assessment models, assessing the impact of climate scenarios on financial and risk, and reporting
- Integrate with our broader Climate and Sustainability, and sector teams to identify risks and opportunities for key industry sectors (e.g., energy and power, transportation, industrial goods, etc.)
- Analyze and monitor regulatory (prudential, market, securities, and conduct) requirements for their strategic impact and their operational implementation
- Help our clients advance their digital agenda for risk management
- Work jointly with BCG and client project teams, bringing expertise to the team and to the client on-site
- Actively support our business development efforts
As an Expert Project Leader or Associate Director, you will be integrated into a BCG team and leverage your deep expertise on projects that reshape businesses. You will be given end-to-end responsibility for large and complex “modules” within a BCG project and may lead small but high-impact teams to drive results for our clients. You will work closely with clients to understand their issues, create strategies for change, and win buy-in for your recommendations, while also collaborating with colleagues on complex client issues. Your expertise will be valued by senior clients and you will help build and contribute to BCG’s intellectual capital while spending significant time supporting and executing case work.
Our Expert Consulting Track (ECT)
The Expert Consulting Track (ECT) is vital to BCG’s ability to successfully meet our clients’ demand for deep expertise and advanced technical capabilities. Experts deliver next-level impact for BCG's most complex and cutting-edge client challenges. Experts focus on developing BCG's thought leadership, commercial capabilities, and intellectual property assets; and their work is essential to our delivery model. Working as part of a multidisciplinary team to bring the ‘best of BCG’ to our clients, Experts come from diverse backgrounds, with expertise often gained outside of BCG in industry, academia, or specialized consulting.
What You'll Bring (Experience & Qualifications)
Leveraging your experience, you will develop industry-leading solutions to help our clients succeed.
- 5+ years climate risk banking consulting or consulting/industry experience
- Knowledge of key topics in one or more of: banking and capital markets, climate finance, net zero transition, climate risk, ESG risk, climate scenario analysis, TCFD
- Knowledge of emerging regulatory expectations for climate risk management capabilities
- Experience in modeling the impact of climate risk on material financial and non-financial risks, and opportunities
- Strong academics from a top-tier institution
- Excellent communication skills; able to explain complex industry concepts in non-technical terms
YOU'LL BE BASED IN
New York preferred; Boston, New Jersey, Philadelphia, Washington, DC flexible
YOU'LL BE TRAVELING
Travel is anticipated and will vary based on specific project locations.
VACCINE
Candidates should be aware that BCG currently maintains a policy requiring all US & Canada based employees to be fully vaccinated against COVID-19. Newly hired employees must be fully vaccinated prior to their employment start date. BCG is an equal opportunity employer and will provide a reasonable accommodation to those unable to be vaccinated for medical or religious reasons where it is not an undue hardship to the company to do so as provided under applicable federal, state, provincial and local law.
FOR U.S. APPLICANTS
Boston Consulting Company (“BCG”) is an Equal Opportunity/Affirmative Action employer. All qualified applicants will be considered for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.
The first year base compensation for this role is $225,400 in USD.
In addition to your base salary, you will also be eligible for an annual discretionary performance bonus and BCG’s Profit Sharing and Retirement Fund (PSRF) contribution. BCG also provides a market leading benefits package described below.
At BCG, we are committed to offering a comprehensive benefit program that includes everything our employees and their families need to be well and live life to the fullest. We pay the full cost of medical, dental, and vision coverage for employees – and their eligible family members.* That’s zero dollars in premiums taken from employee paychecks. All our plans provide best in class coverage:
- Zero dollar ($0) health insurance premiums for BCG employees, spouses, and children
- Low $5 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs
- Dental coverage, including up to $5,000 (USD) in orthodontia benefits
- Vision insurance with coverage for both glasses and contact lenses annually
- Reimbursement for gym memberships and other fitness activities
- Fully vested retirement contributions made annually, whether you contribute or not
- Generous paid time off including vacation, holidays, and annual office closure between Christmas and New Years
- Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement
Date Posted:
19-Aug-2022
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
BCG is an E-Verify Employer. Click here for more information on E-Verify.