Sustainable Finance Climate Financial Analyst
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Global Sustainable Finance Group (“GSF”) aims to drive the firm’s sustainability strategy, including integration of climate and ESG principles into sustainable investing through ongoing development of products and solutions, economic analysis, subject matter expertise and thought leadership, engagement with stakeholders, and capacity building initiatives.
GSF is seeking a Climate Financial Analyst to support the team’s efforts to integrate climate considerations into decision-making related to internal risk mitigation, financed emissions analysis, lending processes, target setting, reporting and engagement processes. The analyses will also support product innovation and client engagement as needed.
Successful candidates will have a dual passion for financial markets and climate change/sustainability issues as well as demonstrated expertise in quantitative financial, and/or portfolio analysis including knowledge of leading-edge approaches, accounting practices, data sources, and analytical tools to help assess companies and portfolios from a climate perspective.
Additionally, successful candidates will be well-organized, highly detail-oriented, and will work well in fast-paced team environments.
The Climate Financial Analyst will be responsible for helping conduct quantitative analysis on topics related to climate change, Morgan Stanley’s net zero commitment, sustainable investing and risk management, while understanding and analyzing various sources of climate data using a range of financial and statistical methods.
In this role, the successful candidate will:
- Provide subject matter expertise and analysis on the financial impacts of climate risks and opportunities as it relates to the firm’s net-zero financed emissions targets
- Conduct empirical quantitative analysis on topics related to net-zero financed emissions, global and sector-level climate pathways, target-setting, investment or financing activities and risk management practices, using diverse sources of sustainability data and a wide-range financial analytical methods
- Contribute to the sourcing, on-boarding and quality control process for external greenhouse gas emissions data as well as related emissions factors to support the company’s financed emissions calculations and disclosures
- Contribute to the development and management of data-driven tools for analyzing climate related impact, exposure, and alignment of financial products and portfolios, with a focus on corporate lending activities.
- Collaborate with members of the GSF team, other business units, and various technology partners to evolve and maintain the Firm’s climate data infrastructure
- Help summarize outputs appropriate for internal and executive audiences, and a wide range of clients into easy-to-understand graphs, charts and deliverables
- Help the team stay current on relevant research literature on climate finance and climate emissions accounting broadly
- Support climate change related Thought Leadership
- Assist in other projects, as appropriate
- Undergrad degree in Business/Finance, Economics, Public Policy, or a similarly quantitative field of social science
- 0-2 years of professional or intern experience, ideally in a financial services, corporate setting or business-oriented NGO. Investment banking, Equity Research or Asset Management experience with a climate/ESG focus is a major plus.
- Experience with conducting financial/portfolio analysis of impacts of climate change
- Understanding of:
- Financial and portfolio modeling techniques
- Transmission channels for economic effects of climate change or climate related policies on financial assets
- Measurement and reporting frameworks for climate related footprints, impacts and risks, including TCFD, SBTI, PCAF, NZBA, GHG Protocol, etc.
- Basic principles of climate change science as well as physical and transitional risks
- Detail-oriented with excellent written and oral communication and presentation skills including strong visual data presentation (i.e. Excel/PowerPoint skills)
- Comfort juggling multiple priorities; strong organizational and time management skills
- Ability to work effectively as a member of a team and as a self-starter
- Diverse, innovative perspectives and a willingness to think creatively to solve analytical challenges
Exposure to or experience in one or more of the following areas is a plus:
- Carbon accounting principles
- Corporate loans portfolio analysis
- Energy, environment and extractives sectors
- Aggregate macroeconomic databases and sources of underlying data.
- Climate scenarios and emissions pathways
- Fundamental financial analysis and corporate valuation
- Environmental, social and governance reporting and metrics
- Knowledge of one or more statistical programming languages – e.g. R and Python, Stata, SAAS, or Matlab
- SASB FSA or similar ESG credentials