Senior Associate, Climate Strategy & Measurement

BNY Mellon · New York City, NY

Company

BNY Mellon

Location

New York City, NY

Type

Full Time

Job Description

SENIOR ASSOCIATE, CLIMATE STRATEGY & MEASUREMENT

Bring your ideas. Make history.

BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

Reporting to the Vice President, Global Climate Strategy, we're seeking a future team member for the role of Senior Associate, Climate Strategy and Measurement to join our climate center of excellence within the Chief Sustainability Office. This role is located in New York, NY - hybrid.

In this role, you'll make an impact in the following ways:

  • Partner with the business, Modeling, and Risk teams to maintain the bank's financed emissions models, methodologies, and Scope 3 Inventory Management Plan (IMP).
  • Research and analyze client transition plans and support sensitivity analysis to calibrate the bank's emissions reduction targets and monitor performance.
  • Engage with the business and climate data vendors to collect, validate and manage datasets for Scope 3 measurement.
  • Support workstreams to execute the bank's global climate strategy across key business lines and functions - including through research, project management, preparation of briefing and presentation materials, and stakeholder engagement.
  • Support the bank's climate-related disclosures (e.g., Sustainability Report, CDP, SEC, CSRD) and related business enablement activities (e.g., RFPs, DDQs, supplier questionnaires, etc.)

To be successful in this role, we're seeking the following:

  • Understanding of financed emissions accounting standards (PCAF, GHG Protocol), target-setting protocols (UNEP-FI, NZBA), climate scenarios (IEA), and climate disclosure standards, frameworks and regulations (TCFD, IFRS S2, ESRS E1, SEC climate rule, etc.).
  • Strong quantitative background preferred, including ability to work with Excel models and analyze, validate and manage datasets.
  • Experience working for a large bank or asset manager, preferably in a role that supports financed emissions measurement and target setting, climate strategy execution, and climate-related disclosure, or experience working for a consultancy firm in a role that supports large financial institutions (FIs) in these efforts.
  • 3-5 years of relevant experience; Bachelor's degree in business, sustainability management, quantitative finance, data analytics, or related field.

At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:

  • Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
  • Bloomberg's Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • Best Places to Work for Disability Inclusion, Disability: IN - 100% score
  • 100 Best Workplaces for Innovators, Fast Company

Our Benefits:

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY Mellon assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $56,000 and $110,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNYM total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Date Posted

04/25/2024

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