Climate Risk Analyst | Climate Risk BU | Risk SBU | August 2025

Embarking within MCB’s Risk Strategic Business Unit (SBU) is an exciting opportunity and establishes a solid foundation for a career in banking.

As part of Risk SBU, the Climate Risk BU is responsible for measuring, monitoring and reporting climate-related financial risks, including physical and transition risks, across the bank.

The Climate Risk Analyst, reporting to the Senior Climate Risk Executive, will support the integration of climate-related financial risks into MCB’s risk management framework, in accordance with prescribed standards and the guidelines from the Bank of Mauritius (BoM) on the subject.

We are looking for

Job vacancy: Climate Risk Analyst

In this role you will:

• Collect, validate, and manage climate-related risk data across the bank, ensuring high-quality, accurate data for analysis and reporting;

• Conduct quantitative and qualitative assessments of climate-related risks (physical and transition) at portfolio-level;

• Prepare regular internal reports on climate-related risk exposures and trends;

• Contribute to internal and external climate-related disclosures, including those required by the Bank of Mauritius;

• Stay informed on regulatory developments, emerging risks, and climate-related data sources;

• Support the Senior Climate Risk Executive in:

o Developing a climate-related risk policy and contributing to the risk management framework and relevant policies, including but not limited to the Environmental and Social Risk Management Policy;

o Devising and maintaining the relevant climate-related risk assessment methodology, in collaboration with relevant stakeholders;

o Devising a climate-related risk appetite framework consistent with the Bank’s business strategy;

o Designing and executing stress tests to assess climate-related risks under different regulatory and internal scenarios.

• Provide ad hoc support to the Senior Climate Risk Executive or the Head of Financial Risk across various tasks, including but not limited to analysis, research and coordination of climate-related risk initiatives.

To succeed, you will be required to demonstrate the following competencies:

• Makes sense of complex, high quantity, and sometimes contradictory information to effectively solve problems;

• Anticipates and adopts innovations in business-building digital and technology applications;

• Learns through experimentation when tackling new problems, using both successes and failures as learning fodder;

• Adapts approach and demeanor in real time to match the shifting demands of different situations.

We are looking for candidates who have at least:

• A bachelor’s degree in Economics, Statistics, Engineering or a related field;

• At least 1 year of working experience in Risk, Sustainability, or ESG role preferably within banking or financial services.

And

• High proficiency in MS Word, Excel and PowerPoint;

• Working knowledge of data analysis software, including at least one of SAS, R, or Python;

• Familiarity with the use of AI in risk management would be an advantage.

A combination of both qualification & experience will be considered.

Should this opportunity match your career aspirations, skills and competencies, click on ‘Apply’ to complete your online application.

Please ensure all required information is accurately entered in relevant sections. Any incomplete application will not be considered. Kindly attach a complete CV when applying.

Note that candidates under consideration for this position will be required to provide 2 professional references.

As part of the recruitment process, shortlisted candidate(s) will be required to provide a valid Certificate of Character of less than 3 months.

The deadline for submission of application is 31 August 2025.

Management reserves the right not to appoint anyone following this advert.