Climate Change Manager, Impact Group

British International Investment; London; On-site; GBP 50,000 - 90,000

Job description

Climate Change Manager, Impact Group

About BII

British International Investment is the UK's development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential.

It won't be easy: we do the hardest work in the most complex markets. Be prepared to test your skills, get creative and say your piece as you take on high-profile work as part of a diverse team of exceptionally smart, passionate people.

In return, you can take your career to all-new places in a culture that rewards curiosity and collaboration, and balances high performance with wellbeing.

BII at a glance

1. Over 75 years supporting sustainable business growth in developing and emerging markets
2. More than £8.8 billion in net assets
3. 1,400+ businesses invested in
4. 950,000 workers in the businesses we support
5. 650+ people in our diverse global team
6. 3 key development objectives: Productive | Sustainable | Inclusive

Team and role overview
Climate change is one of BII's key priorities, as articulated in our 2022-2026 corporate strategy and Climate Change Strategy. BII has also committed to implementing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). Together, these set out an ambitious agenda for contributing towards the objectives of the Paris Agreement.

Purpose
The Climate team is hiring a Manager focused on supporting strategy and investments for mobilising commercial capital for net zero and climate resilient development pathways. The person will lead work for the climate team, engaging with I&C, FSG, private capital mobilisation and corporate strategy teams on BII's approach towards increasing mobilisation. This will involve developing strategy and supporting teams on early-stage origination/business development of climate finance transactions, due diligence and portfolio management (including through the newly established Climate and Environment TA facility). The role will also support the MD in internal and external stakeholder engagement and thought-leadership on mobilising climate finance for adaptation investments. Key responsibilities will include leading BII's engagement with the Adaptation and Resilience Investors Collaborative, other DFIs, MDBs, impact and other institutional investors on a new Resilience Challenge. Further work will involve engaging potential partners on initiatives for scaling private finance for adaptation and resilience.

Responsibilities
The Climate Change Manager will:

Strategy

1. Lead for the climate team in engaging teams across BII on climate-related strategies, including for mobilising capital for net zero and adaptation and resilience.
2. Align climate-related policies and tools with broader BII strategic goals.

Origination/business development/due diligence support

1. Support teams across the Impact and investment groups to develop climate finance mobilisation strategies for originating transactions that align with BII's climate impact goals.
2. Provide advice on net zero transition and Paris alignment for climate mobilisation investment opportunities, and support investment teams with investor alignment.

Portfolio management

1. Support the origination and implementation of climate technical assistance projects for transition finance and climate adaptation and resilience.

Partnerships and external engagement:

1. Support the development of a new Resilience Challenge working closely with the UNEP FI Secretariat of the Adaptation and Resilience Investors Collaborative.
2. Develop partnerships with other investors and potential funders on existing and potential new catalytic funding models for A&R.
3. Lead in developing a flagship communication product demonstrating progress towards implementation of BII's Paris Alignment strategy (2020-25).

The candidate

Essential skills

1. Strong knowledge, relationships and networks in climate investing and policy, with relevant experience working within and/or closely with the commercial investor community.
2. Demonstrated track record of strategy development and stakeholder engagement, both internal and external, to drive the development and successful delivery of climate-related strategic outcomes.
3. Experience using quantitative and qualitative tools and frameworks to assess climate finance and the Paris alignment of various sectors.
4. Experience integrating climate considerations into investment decision-making and/or advisory.
5. Up to date with the latest developments related to emerging climate issues of strategic interest to BII, including as relates to capital markets and mobilisation.
6. Familiarity with the scientific underpinnings of climate change policy, particularly the findings of the Intergovernmental Panel on Climate Change (IPCC) and goals of the Paris Agreement.
7. Awareness and ideally experience working with key climate-related tools, target-setting and reporting standards such as the Taskforce on Climate-Related Financial Disclosures (TCFD), IIGCC Net Zero Investment framework 2.0; Transition Finance Market Review and Science-Based Targets Initiative.
8. Awareness and ideally experience assessing physical climate risk, and opportunities for increasing private investment for climate adaptation and resilience.
9. Experience managing data from multiple sources and formats, coordinating across internal and external teams.
10. Skilled at performing self-directed research and integrating complex qualitative and quantitative information from various sources to produce clear and concise recommendations and reports.
11. Strong attention to detail, and ability to communicate complex subject matter to a non-technical audience.

Desirable skills

1. Experience deploying capital and efforts to maximize development impact across different capital pools, ideally with experience in deploying blended finance solutions.
2. Experience with capital markets and investor strategies for mobilisation.
3. Understanding of impact investing and the investment cycle from origination to exit.

Motivation
Candidates should be strongly motivated by BII's development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity.

Our cultural values
We look for team members who aspire, as we do, to work at our best and to be:

1. Impact-led, commercially rigorous
2. Tenacious in the face of challenges
3. Collaborative and caring

British International Investment is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.

Please provide a cover letter with your application.
Salary: Competitive