Managing Director, Head of Sustainable Finance, Institutional Banking Group
DBS Bank
- Singapore
- Permanent
- Full-time
- As Head of IBG Sustainability, the role will be responsible for developing & articulating strategies to scale the Sustainable Finance business in IBG across DBS markets with particular focus on the 9 industry sectors mentioned above and the SME/Midcap segment.
- Create a “Centre of Excellence”/“Brain Trust” within the Sustainability Team, in conjunction with Industry Heads, to ideate & catalyse new business opportunities and solutions arising from ESG developments in various industries and geographies.
- Develop and enhance the “growth mindset” culture within the existing team. Organize the existing Sustainability Team resources to effectively deliver agreed strategy.
- Oversee strategy implementation by the Sustainability team, ensuring regular cadence between the Sustainability Team and industry/Country Relationship Managers (RM) to develop a pipeline of sustainable financing and advisory opportunities.
- The role will be lead advocate in IBG and externally for integrating sustainability at the core of our business and operations, transforming our net-zero commitments into business opportunities and fostering a culture of sustainability within IBG and beyond.
- The role will also seek to establish thought-leadership and impact in the sustainable finance arena through active engagement in major public and private ESG initiatives and industry groups.
- Keeping abreast of industry ESG best practices, trends and issues, communicating, training and raising awareness to internal stakeholders
- Carry out ESG due diligence on high-impact transactions in line with best practices, such as the Equator Principles and IFC Performance Standards;
- Oversee the development of systems for the effective collation, measurement and analysis of sustainable finance data including tracking our performance against our net-zero pathways for the 9 sectors, market leadership data, asset and liability growth data and other KPIs;
- Identify and develop tools and training for IBG RMs to accelerate the mainstreaming of Sustainable solutions throughout our RM network.
- Develop a deep repository of knowledge within the team with respect to global industry trends in sustainable finance including taxonomies, best-practice ESG measurement standards and reporting methodologies so as to serve as a trusted advisor internally and also to clients;
- Engage key internal stakeholders comprising Industry and Country heads to regularly evaluate progress against agreed business targets and to ensure pipeline development and conversion;
- Work with Risk Management Group and IBG on mitigation of ESG risks in the portfolio and contribute to the development of strategies to build a credible climate-positive portfolio in line with our Path to Net Zero for the nine sectors;
- Work with Chief Sustainability Officer (CSO) to serve as a point of contact for engagements with regulators, governmental agencies, industry associations, NGOs and other relevant agencies/bodies on sustainability matters and where required, collaborate with internal stakeholders to ensure appropriate responses and communication.
- Work with CSO office and internal stakeholders to collate information for various sustainability reporting, e.g. Sustainability Review, NZBA reporting, Task Force on Climate-Related Financial Disclosures, Equator Principles, and Green Investment Principles for the Belt and Road Initiative.
- Establish key performance indicators (KPIs) for sustainability and regularly report progress to Senior Management team and relevant stakeholders.
- Ensure transparent and accurate reporting on sustainability metrics in alignment with industry standards.
- Oversee and manage the build and enhancement of data systems and analytic tools to effectively & efficiently measure ESG impact from both a revenue, risk and returns perspective. This also includes the creation of client-facing digital tools to augment the team’s marketing of ESG advisory services.
- At least 20 years of proven leadership track record and expertise in franchise-building, corporate client-facing role in the areas of ESG/climate advisory, and/or environmental and social consulting;
- Demonstrates experience and ability to engage and influence senior stakeholders externally and internally in the area of sustainability-related matters;
- Possesses a broad and deep network of senior relationships within the ESG and relevant industry sectors;
- Bachelor’s or advanced degrees in Environmental Science, Environmental Engineering are preferred;
- Proven ability and track record in origination, leading and execution of sustainable finance solutions across multiple teams;
- Experience working in leading financial institutions in related areas/sectors and possessing a deep familiarity with banking products and solutions including project finance, trade finance, treasury & markets, capital markets and M&A;
- Familiar with international environmental and social policies, procedures, and standards such as IFC performance standards and/or GHG Protocol and possessing in-depth environmental and social due diligence experience;
- Proficient in project management with an ability to understand data systems