Consultant, Climate Risk Financial Consultant​/Transition Risk​/Mid - Level

ERM is seeking a mid-level Consultant for its Climate Risk Financial Consultant role in Raleigh, NC. The position involves quantifying climate risk financial implications, engaging with corporate clients, and developing methodologies for climate financial risk estimation. Candidates should have a background in climate change, sustainability, and finance. Opportunities for career progression and involvement in business development and thought leadership are available.
Position: Consultant, Climate Risk Financial Consultant (Transition Risk) (Mid - Level)

ERM’s Climate Risk and Opportunity Advisory (CROA) team, within our broader Corporate Sustainability & Climate Change (CS&CC) function, is growing quickly. We are looking for consultants to support us in helping our clients shape and deliver on their climate strategies and disclosures. There is a significant opportunity for individuals to progress within the organization, to take increasing responsibility for managing our work within the climate change space, and developing market-leading offerings to meet our clients’ needs.

This role will focus on quantifying the financial implications of climate risk, but there are opportunities for the candidate to contribute to all of our team’s work across the climate change space (including relating to the low-carbon energy transition and net zero). More details of the role, as well as the skills required to fulfil it, are detailed below.

Role Description & Key Responsibilities

As a member of the Climate Risk and Opportunity Advisory Team, you will :
• Apply quantitative methodologies to climate risk and opportunity assessments, including financial statement analysis, discounted cash flow modelling, cost-benefit analysis, and uncertainty analysis such as Monte Carlo simulations.
• Engage directly with corporate clients, including senior leadership, to provide education on climate-related topics, and present your own analytical work and defend quantitative results.
• Build templated quantitative methodologies for climate financial risk estimation that can be leveraged on climate projects, with a focus on transition risk.
• Incorporate a wide range of data sources into your analyses including corporate financial data, geospatial climate data, academic research and industry-specific reports.
• Support the delivery of client deliverables by working with team members across the business
• Support in leading more junior staff to drive project execution, upskill staff on the job, and lead by example.
• Be willing to learn how to integrate financial models into no-code / low-code third party digital platforms (e.g. Workiva, ESG Book, One Stream)
• A key aspect of this will be to communicate the findings in a digestible way including developing client curiosity regarding how they start their journey to transitioning to a low carbon economy. Will be required to facilitate workshops and develop relationships with our clients.
• Support business development and sales-related activities, including helping senior leaders to draft client proposals and develop new offers;
• Contribute to ERM’s innovation and knowledge-sharing through involvement in thought leadership, internal newsletters, learning sessions, amongst other initiatives

PERSON SPECIFICATION

Well-placed candidates will match some or a significant part of the specification below :
• Background Academic and / or professional experience in climate change / sustainability as well as finance / economics. Understands the fundamentals of why climate change is happening, how it will start to affect business models / strategy / company revenue, Capex, Opex and familiar with the concepts of decarbonization & net zero pathways. Experience in leveraging climate transition scenarios (IEA, NGFS or custom scenarios);
Motivational Fit – Produce high-quality client-ready deliverables, can work independently, team player, demonstrates critical thinking and is comfortable with ambiguity;
Experience of Financial Modelling - Advanced user of Microsoft Excel with experience building financial models, conducting quantitative analysis and data manipulation (knowledge of climate change is highly desirable) Communication - Excellent communication skills, particularly relating to packaging complex outputs into a digestible format and communicating technical concepts to a non-technical audience through workshops and presentations.
• Familiarity with climate and / or financial audit and regulatory frameworks such as TCFD / CSRD / IFRS;
• Familiar with how transition risks can impact supply chains.
• Experience (whether through study or a professional role) of working with climate related risks and opportunities.
• Graduate or postgraduate-level, with 1-2 years of relevant…