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, and to support the team’s wider objectives. This includes contributing to the overhaul of methodology, processes, data collection, and the management of information relating to climate-related financial risk assessment.

• 12-month internship focused on the identification and assessment of climate-related financial risk.
• Support the Climate Risk team in assessing, tracking, and collecting data on climate-related financial risks across the EBRD’s existing portfolio, as well as for new clients.
• Collect, manage, organize, and control the data used to identify and assess financial impacts of climate-related financial risk on the Bank’s clients.
• Assist with client-specific research, data collection and organization, preparing presentations, documenting outputs, attending meetings and taking minutes, and completing administrative tasks.

Accountabilities and Responsibilities

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

• Become familiar with Climate Risk team process documents.
• Gather research on EBRD clients from publicly available sources regarding their climate risk exposure disclosures and, where relevant, specific vulnerabilities within their supply chain.
• Aggregate and maintain current information by collecting additional details on climate-related financial risk into an overall database to improve data understanding and management.
• Extract relevant screening data into the format required for the new climate risk tool.
• Manage and ensure prudent control of collected data for existing portfolio clients and new transactions to extract key trends/themes and improve ongoing assessments of the relevant climate risk approach.
• Assist with identifying and assessing existing and new clients by recording assessment outcomes and 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 internal files to extract relevant information.
• Under guidance of a senior team member, recalibrate quantitative assessments and processes 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 assigned projects and initiatives, taking responsibility for tasks and activities, which may include supporting methodology drafting, collating comments, performing control checks, and contributing to climate risk monitoring.
• Where required, support coordination of meetings and events, collaborate with other Bank departments, and propose potential refinements to improve climate-related financial risk assessment and monitoring processes.
• Contribute to continuous improvement of internal processes and procedures, including streamlining, collecting, managing, and automating data.
• Work in line with the Bank’s Behavioural Competencies and Corporate Behaviours.

Knowledge, Skills, Experience and Qualifications

• Degree in data science and/or economics, engineering, or a 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, with advanced Excel being critical.
• Essential ability to gather, organize, manage, derive insights from, and control data.
• Research and analytical skills.
• Knowledge of climate risks.
• Strong time management and organisational skills; ability to multitask without losing attention to detail.
• Good interpersonal skills; ability to work independently and in a team.
• Excellent written and spoken English.
• Ability to work effectively as a team member, meet deadlines, and perform under time pressure.
• Meticulous attention to detail and data analysis capability, including the ability to interrogate and prompt a co-pilot or similar LLM process and present results to a non-technical audience.

What is it Like to Work at the EBRD?

Our agile and innovative approach makes life at the EBRD a unique experience. You will be part of a pioneering and diverse international organisation, helping shape the future of the regions we invest in.

The EBRD environment provides:

• Varied, stimulating, and engaging work, with opportunities to interact with experts across the financial, political, public, and private sectors in the regions we invest in.
• A working culture that embraces inclusion and celebrates diversity.
• An environment placing sustainability, equality, and digital transformation at the heart of what we do.

Diversity is one of the Bank’s core values. The EBRD encourages a respectful and inclusive environment with equal opportunities. The Bank also promotes flexible working and expects employees to attend the office 50% of their working time.