Climate Risk Manager

About the team

Are you passionate about mitigating climate risk and ensuring sustainable business practices? OSB Group are seeking a dedicated Climate Risk Manager to spearhead our second line of defence activities. As a pivotal member of the team, you will oversee and coordinate all aspects of climate risk management, ensuring the seamless operation of key processes within our established framework. Join us in making a positive impact on the environment while contributing to the growth and resilience of our organisation.

In this role you will lead the way in climate‑conscious risk management at OSB Group.

The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.

Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost‑efficient operating model is supported by our wholly‑owned subsidiary OSBIndia.

Alongside passion for our products and customers, we’re passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.

In this role, you will have the opportunity to oversee and co‑ordinate all second line of defence activity relating to Climate Risk, ensuring that the Climate Risk Management Framework continues to be embedded and key processes operated as designed.

• Support the Head of Portfolio Credit Risk to ensure that the Climate Risk Management framework continues to be embedded and key processes operate as designed.
• Continue to assess reporting requirements for climate change and ensure all reporting requirements are adhered to including TCFD (Task Force on Climate‐related Financial Disclosure) and subsequent evolutions.
• Ensure clearly defined Board and management responsibilities / accountabilities / governance for Climate Risk namely :
• A defined climate strategy (clear transparent measurable goals relevant to OSB’s businesses and risks and peer benchmarked)
• Ownership of the Climate Risk Action Tracker.
• Allocation of tasks from the list of Climate Risks and Opportunities.
• Rationalise, define and manage the links and hand‑offs to other risk types like :
  Credit, Liquidity and Funding, Market, Solvency, Operational, Regulatory, Conduct, Strategic and Business, Financial Crime and Reputational Risks.
• Support interactions with regulatory bodies on all elements related to Climate Risk.
• Maintains a detailed knowledge of climate risk regulations and an awareness of broader banking regulations, market trends, competitor activity and products / services.
• Develop management information for ESG risk reporting to executive and Board, manage production of reports, and review outputs.

We offer a base salary dependent on experience of between £50,000 - £60,000 and a competitive benefits package including :

• Discretionary annual bonus opportunity of up to 15%
• 28 days annual leave plus bank holidays
• Contributory pension (8% employer 5% employee)
• Life Assurance (4x salary) plus Group Income Protection
• Access to Private Medical Insurance and Medical Cash Plan
• Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme

We are looking for talented individuals who have the experience and knowledge set out below :

• Previous experience working in a Risk Manager role within financial services is essential.
• Previous experience of risk management methodologies is essential.
• Previous experience of presenting to committees is essential.
• Previous…