Energy Transition Associate London, England
Job description
Some careers open more doors than others.
HSBC announced its ambition to become a net zero bank in October 2020, including an aim to align its financed emissions to net zero by 2050, and to provide between $750 billion and $1 trillion in sustainable finance and investments over the next 10 years.
If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
We are currently seeking an experienced individual to join this team in the role Analyst, Climate Analytics. This role will support the development of analyses and insights to inform management decision making related to HSBC’s ambition to align its financed emissions globally to net-zero outcomes by 2050.
Job summary:
The Energy Transition Associate, will play a key role in supporting the Global head to achieve Global sustainability objectives including working globally across industries to transform to a Net Zero future. The role will have a particular focus on client/customer-facing engagement, market-shaping opportunities around the energy transition, and supporting to transition HSBC’s portfolio of financed emissions to Net Zero by 2050, at the latest.
The Energy Transition Associate will help shape HSBC’s support for the energy transition globally, leveraging HSBC’s capital and networks to shape and advance the transition to a net zero future.
The role holder will:
- Support the Global Head of Energy Transition and Group Head of Climate Transition to shape, embed and deliver the bank’s energy transition agenda including the client transition plan assessment programme and strategic engagement with clients and the lines of business.
- Support the bank’s external engagement on energy transition with regulators, central banks and governments, think tanks, NGOs and academia.
- Support the preparation of insightful commentary for papers and communication with internal stakeholders including the lines of business, senior management, Risk, Finance.
- Support the executives in the Global Sustainability Function by creating presentations and data reports to analyse programmes and build new capabilities to incorporate transition risk and opportunities into banking and credit decisions for energy clients.
- Work collaboratively with colleagues, driving the embedding of the bank’s climate analytics and climate modelling work, including the financed emissions and target setting within the Climate Aligned Finance programme.
- Run processes in an auditable and transparent manner with a good appreciation of appropriate governance and controls.
- Develop and imbed continuous research into the subject of energy transition to provide insights and new knowledge across the team and strategic insights to support the bank’s decision making around strategic planning, risk management, and business opportunities.
Essential criteria:
- Good technical understanding of oil, gas, and power markets, as well as experience supporting in developing energy and emissions models.
- Knowledge on climate change and the energy transition including low-carbon technologies, decarbonisation pathways, regulatory and policy levers, carbon budgets, science-based targets, climate analytics, and both transition and physical climate risk.
- Familiarity with a range of standards and frameworks, such as SBTi, GFANZ and NZE
- Strong verbal and written communication skills, including an ability to synthesize complex ideas into clear messages.
- Good analytical and research skills
- Ability to collaborate effectively with various senior stakeholders and deliver on multiple demands and projects within a dynamic environment.
- Ability to self-start and work independently
- Well organised - ability to work to agreed timeframes and understand dependencies
You’ll achieve more when you join HSBC.
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HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role. If you would like to receive any information in a different way or would like us to do anything differently to help you
