Sustainability & ESG Finance Director

Job Description

At Lloyds Banking Group, we recognise that climate change is one of the biggest issues facing society today. Were proud to be part of an organisation who is taking the lead on Sustainability through clear and well publicised Environmental, Social and Governance (ESG) targets within our organisational purpose - Helping Britain Recover. Were taking the initiative in supporting a greener economy and will make a material difference to tackling these challenges by helping to finance a greener and more prosperous future together.The Corporate and Institutional Coverage (CIC) team, is an origination and coverage business with the Commercial Bank, operating across the UK and covering LBGs largest clients. CIC is establishing a dedicated first-class Sustainability and ESG Financing team to own the CIC Sustainability strategy and work in partnership with our clients to accelerate both the Energy Transition and their general ambition to become better companies for the future.This team will take a lead in enabling the Bank to deliver on its dedication to reduce carbon exposure from our balance sheet by 50% by 2030, on the path to net zero by 2050 or sooner. Part of our commitment to this is through rapidly growing the funding available under our green finance initiatives from £3bn to £5bn to scale up our support for our clients committed to transition.The newly formed team has three main priorities: Act as a market facing centre of excellence on topics across Environmental, Social and Governance factors. Specifically they will: have specialist technical capability in response to the UKs net zero transition. Offer broader resource, supply chain and business model thought leadership on the challenges and opportunities facing our clients. Formulate internal and external ESG strategies to support colleagues and clients and drive our ambition to be market leading. Partner the Coverage and Product teams with ESG finance structuring capability, bringing insight and acumen to all CIC relationships with an eye to origination and income. Critically the team will also provide partnership to the sector teams when engaging with Climate Risk. Lead and collaborate on Sustainability related workstreams, within CIC, with the wider Commercial Bank and pan-LBG Accountabilities: Lead strategic dialogue and partner the CIC sector teams to develop specific sustainability strategies relevant for that sector and on an individual basis with clients. Lead the successful origination and execution of the opportunities developed from client & market conversations. Lead research on borrowers, markets and lenders using ESG data and other information and sources to present to clients in a clear and compelling way. Provide clients with strategic insight and commercial solutions to develop their overall ESG / transition strategy; embedding ESG considerations into investment process and support with framework drafting and external verification; helping clients set, achieve, and maintain ESG ratings. Ensure detailed knowledge of main ESG rating Agencies methodologies such as Sustainalytics, Vigeo Eiris, CDP and MSCI and execute ESG ratings data collection and analysis. Develop productive and positive relationships with external partners in the market including advisory and legal firms, representing LBG at the highest levels at industry events and with clients as we transform our business. Deliver effective governance capability having confidence to challenge constructively and work with any local regulators in an open and collaborative manner. Effectively identifying, mitigate and resolve risk, conduct and compliance matters. Mentor and stretch the development of others in the team. You will bring: In-depth knowledge of Green & Sustainability Linked Loan Principles, Green Sustainable and Social Bond Principles, UN Sustainable Development Goals, Climate Bonds Initiative, EU Taxonomy, TCFD, and other major ESG Regulations. Consistent record of delivering sustainability linked or green financings. Existing external profile in ESG and Sustainability. A track record in one of these areas (i) sustainability in the built environment (ii) energy markets (iii) carbon or energy transition advisory (iv) ESG ratings or sustainable finance frameworks (v) Natural capital (vi) Social Value and Social Impact. (vii) legal and regulatory environments. A growth approach that is solutions focused with well cultivated business judgement and high ethical and professional standards. Keen ability to work collaboratively with the team whilst and guiding and mentoring others with your vast experience and knowledge of the market and ESG. Proven track record of coordinating multiple partners to deliver in sophisticated and evolving environments. It is an exciting time to join our team! Together well continue our market leading, groundbreaking transformation in this space and youll help us realise our organisational and societal ambitions. Were dedicated to giving you opportunities and support to develop you both professionally and personally to optimise your potential.CIC is committed to providing equal opportunities, as we recognize that diversity and inclusion is central to our business success. Our customer base is hugely diverse, and we need to ensure that we understand and can meet their needs. Reflecting the rich diversity of the UK in our own workforce helps us to achieve that goal. As a result, were fostering an environment where everyone can provide excellent service to our diverse customers and develop their individual careers, whatever their background.Well ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.In addition to a competitive salary well also provide: 4% flex cash pot to spend on benefits (or take as cash) A generous employer pension contribution up to 15% Discretionary annual group performance bonus Private medical health cover, Share schemes and access to Staff discounts At LBG, were driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us there is a critical role to play in shaping the financial services of the future, whilst the scale and reach of our Group means youll have many opportunities to learn, grow and develop.Were focused on creating a values-led environment and are committed to building a workforce which reflects the customers and communities we serve. Together were building a truly inclusive workplace where all our colleagues have an opportunity to make a real difference.Together we make it possible. To find out more, click here careers