VP, Climate Risk Management @ Fannie Mae

THE IMPACT YOU WILL MAKE

The Vice President, Climate Risk Management role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

• Lead the design and implementation of a climate risk framework aligned with the Enterprise Risk Management Framework and address regulatory and industry expectations.
• Lead climate risk coordination across the enterprise; collaborate closely with the relevant business unit personnel to ensure alignment between the first-line of defense risk management of climate risk and the second-line of defense of risk oversight.
• Develop and oversee a growing team with a focus on talent attraction, development, and retention.
• Establish ERM oversight model for climate risk, in coordination with other functional risk leaders across the company; develop and establish processes to identify risks.
• Oversee and provide effective challenge of Fannie Mae’s ESG and climate risk strategy with Climate Impact, ESG, and first-line teams.
• Work with the Climate Impact team to develop a robust approach to incorporating monitoring and measurement of acute and chronic physical risks, while developing an appropriate framework and approach for prioritized transition risks.
• Contribute to the successful execution of enterprise-wide initiatives to build out Climate Risk scenario analysis / stress testing capabilities, covering Physical and Transition Risks
• Develop qualitative and quantitative monitoring (climate-risk metrics) and reporting of climate risks at a divisional and enterprise level.
• Identify significant new/emerging climate risks and escalate as appropriate.  Oversee information monitoring and processes to reduce risk using rigorous analysis and establish and implement updates and changes to the process.
• Collaborate with ESG and Climate Impact teams in the preparation of reporting and disclosure documents (e.g., SASB, TCFD, research reports, ESG Report, and SEC disclosures).
• Conduct Targeted Risk Reviews of business unit compliance with the framework and recommend actions to address any issues noted. Report and communicate results of oversight activities.

THE EXPERIENCE YOU BRING TO THE TEAM

• At least 10 years of relevant work experience in risk management, ideally a mix of climate/environmental risk, credit risk, and analytics within the financial services space
• Subject matter expertise in risk management, including risk assessment and management skills including evaluating and designing controls, conducting impact assessments, identifying control gaps, remediating risk, etc.
• Professional experience in climate risk and ESG spaces
• Strategic mindset and demonstrated thought leadership, including experience identifying and selecting strategic options, and identifying resources to meet the defined objectives
• Collective capabilities for leadership, including leading teams, giving feedback, facilitating meetings, and coaching and mentoring
• Experience developing and rolling out risk frameworks, including creating policies, evaluating compliance, conducting internal reviews, developing data governance, etc.
• Influencing skills including negotiating, persuading others, facilitating meetings, and resolving conflict
• Superior communication skills, including experience in verbal and written executive level communications
• Strong critical thinking and demonstrated ability to manage complexity and ambiguity
• Adept at managing project plans, resources, and people to ensure successful project completion
• Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
• Bachelor’s degree or equivalent; Master’s degree preferred