Senior Advisor, BMO Climate Institute

Application Deadline:

09/12/2024

Address:

100 King Street West

Job Family Group:

Audit, Risk & Compliance

This role is enterprise-wide in scope, reporting to the Managing Director and Head of the BMO Climate Institute.

The role will be part of a team responsible for managing the BMO Climate Institute. This will include working with the Managing Director of the Institute as well as Chief Sustainability Officer of BMO and acting as a resource to other internal groups to serve as our clients’ lead partner in the transition to net zero.

The role is accountable, as part of a team, for developing strategies and bank-wide engagement on climate risk and opportunity, as well as external engagement. The role is accountable, as part of a team, for the BMO Climate Institute’s climate-related research, internal and client-facing program development (in cooperation with other teams in Risk and Lines of Business), external publications, and for leading marketing and communications on climate matters in partnership with related functions.

The holder of the role will have subject matter expertise in climate change, climate technology solutions, and will draw on knowledge of the principles, standards, frameworks, best practices and innovation opportunities on climate , sustainability, and ESG matters in the banking and finance sector and the broader economy.

The role is responsible, as part of a team, to identify areas for improvement of BMO’s sustainability program and performance and to develop strategies to ensure consistency with market practice, and to communicate with stakeholders both internal and external, maintaining BMO’s leadership position in sustainability and ESG.

KEY ACCOUNTABILITIES

Climate Risk and Opportunity

• Research and insights on climate and sustainability broadly, with a particular focus on climate science.

• Integrating analysis of physical and transition risk for energy, mining, infrastructure, real estate, or other industry and related financial analysis and modelling as applicable.

• Building innovative approaches to training, toolkits and dashboards for embedding climate across various lines of business and corporate areas and for external engagement.

• Support, as part of a broader team, corporate reporting such as through TCFD, CDP.

• Support the development of policies and programs to facilitate the implementation of climate change and sustainability strategy, monitoring and reporting.

Strategy and Analysis

• Analyzes market and policy trends, regulatory changes, and technological advancements relevant to the bank's clients and industry sectors.

• Identifies emerging issues, trends, best practice standards and global commitments related to sustainability and makes recommendations regarding adoption and implementation.

• Develops climate-related strategies, strategic objectives and implementation plans and tools for internal and external engagement.

• Monitor activities and collaborate proactively with colleagues in lines of business and Corporate Areas to continually advance BMO’s climate agenda.

• Establishes and maintains good working relationships with internal stakeholders to enhance awareness and drive buy-in of sustainability and influence strategies and actions to capture opportunities related to sustainability, climate change and related topics like sustainable finance, operational sustainability, sustainable procurement, human rights and others.

• Provides advice and support on climate-related investor and stakeholder relations, in light of international best practice and understanding of market expectations and diverse stakeholder perspectives.

• Contributes to thought leadership and marketing/communication on climate and sustainability matters, to build BMO’s credentials and enhance reputation.

• Actively participates in and represents BMO in international industry associations and working groups.

• Represents BMO in public forums through speaking engagements, roundtables, etc.

• Prepares Executive and Board-level materials for the Head of the Climate Institute and Chief Sustainability Officer and delivers presentations to internal councils and committees including to Executive management and the Board of Directors.

KNOWLEDGE AND SKILLS

• A very strong technical background; including, but not limited to a masters in a science or quantitative discipline; a policy or economics degree, and/or a PhD or professional certification in engineering, accounting, or another relevant discipline

• Minimum 5 years’ ex