Vice President, Sustainable Finance Business Development

Vice President, Sustainable Finance Business Development

The incumbent will be responsible for managing the sustainable finance practice of CIMB Group, in line with the Group’s vision of being a Sustainability leader in ASEAN. The Sustainable Finance Business Development team members will manage and support sustainable finance business development across the ASEAN region, working closely with senior employees from Wholesale Banking, Commercial Banking, Consumer Banking, Transaction Banking and Islamic Banking teams to achieve CIMB’s sustainable finance goals.

Job Responsibilities

• Manage business development and expansion of Green, Social & Sustainable Impact Product & Services (GSSIPS), working closely with relevant Business Units to maximise our positive impacts, to help achieve the Group’s Net Zero 2050 ambition.
• Work with business units to identify areas of opportunities (e.g. climate finance, power/renewables, transportation, energy/resources industry, social, financial inclusion, etc.) and develop strategies and plans to position CIMB to strategically tap into and capture these opportunities as and when they arise.
• Work closely with business units to grow the GSSIPS portfolio, via development of sustainability-related products, services and propositions (e.g. green/social/sustainable loans/bonds/sukuk, project finance, green deposits, derivatives, treasury products, wealth management, retail products etc.).
• Play the role of a Sustainability specialist to develop and deliver client pitches, negotiate with clients on sustainability success metrics (e.g. for Sustainability-Linked instruments), develop standard operating procedures and documentation for products, procure external technical consultants, where necessary.
• Manage and support sustainable finance innovation across the Group, identifying and capitalising on opportunities to grow the GSSIPS portfolio (e.g. via blended finance, tapping on available technical assistance facilities).
• Serve as an expert on sustainability-related regulations, standards and practices, and keep key stakeholders across the Group abreast of material developments influencing sustainable finance.
• Upskill Relationship Managers, product owners and risk teams on Sustainability concepts, issues and opportunities, and embed a culture of sustainability and mindset of Sustainable Finance across all Business Units regionally.
• Custodian of CIMB’s Sustainability Bond and Sukuk Framework and sustainability-elements of CIMB’s own sustainable/sustainability-linked instruments (e.g. CIMB SDG Bond, Sustainability-Linked Derivative).
• Support Head of Sustainable Finance Business Development, who may represent the Group at roundtables, external speaking engagements, and industry groups such as UNEP FI, Association of Banks in Malaysia, and Joint Committee on Climate Change.

Job Requirements

• Degree from a recognised University. A degree or certification in Sustainability or Sustainable Finance would be advantageous.
• At least 1-10 years of experience in Banking, preferably with 2 years of experience in a Sustainability role. Experience in banking is a key requirement, preferably in Wholesale Banking, with experience across a broad spectrum of products.
• Working knowledge and experience of Banking products and services, in both business and retail segments.
• Technical knowledge of, or very strong passion in, sustainable finance products that are currently in the market.
• Experience in collaborating with multiple teams and business units.
• Able to effectively manage projects, and juggle multiple urgent priorities.
• Strong internal and external networking skills.

**Only shortlisted candidates will be notified