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

75 years supporting sustainable business growth in developing and emerging markets

£8.1 billion in net assets

1,400+ businesses invested in

950,000 workers in the businesses we support

£9 billion in new investments planned in the next 5 years

600+ people in our diverse global team

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 focus on supporting investment and IG teams across the BII Asia region in early-stage origination/business development of climate finance transactions, due diligence and portfolio management (including through the newly established Climate and Environment TA facility), particularly in more complex climate areas such as industrial energy efficiency, waste management and climate smart agriculture. The role will also support the climate assessment of non-climate finance transactions to ensure BII’s investments and portfolio are Paris aligned.  The position can be based in either Mumbai or Bengaluru.

Responsibilities

The Climate Change Manager will:

Origination/business development

• Support teams across the Impact and investment groups to develop strategies to originate transactions that align with BII’s impact and financial return objectives, in line with our “Productive, Sustainable, and Inclusive” framework for evaluating the development impact of our investments;

• Provide climate advice for business development of early-stage potential investment opportunities

Due diligence

• Evaluate potential pipeline investments in climate finance across different sectors in the Asia region, in terms of the strength of their contribution to emissions mitigation and resilience as well as potential risks to impact;
• Evaluate non-climate finance potential pipeline investments across different in the Asia region, in terms of Paris alignment, and the measures that need to be implemented

Portfolio management

• Provide in-house climate advisor to portfolio companies, FIs and fund managers;
• Originate and implement climate technical assistance projects to enhance climate capacity and impact

Cross-cutting

• Act as a focal point for climate expertise across the BII Asia region;
• Support the development of tools and metrics to evaluate the Paris alignment of investments in different sectors and regions, including sector-specific Paris alignment guidance notes, drawing from existing guidance and literature;
• Support the collection and monitoring of climate-related performance metrics from our investee portfolio.

The candidate

The successful candidate will:

Essential skills

• Strong knowledge, relationships and networks in climate investing and policy by either being from/having worked in the South Asia and Southeast Asia region
• Be familiar with the scientific underpinnings of climate change policy, particularly the findings of the Intergovernmental Panel on Climate Change (IPCC);
• Be experienced in using quantitative and qualitative tools and frameworks to assess climate finance and the Paris alignment of various sectors;
• Be experienced on practically integrating climate considerations into investment decision-making;
• Be experienced in providing climate advisory and technical assistance to portfolio companies;
• Be familiar with key climate-related reporting and target-setting standards applying to financial institutions, such as the Taskforce on Climate-Related Financial Disclosures (TCFD), IFRS 2, Science-Based Targets Initiative (SBTI), and the Partnership for Carbon Accounting Financials (PCAF);
• Be experienced in managing data in multiple sources and formats, coordinating across internal and external teams;
• Be skilled at performing self-directed research and integrating complex qualitative and quantitative information from various sources to produce clear and concise recommendations and reports;
• Be up to date with the latest developments related to emerging climate issues of strategic interest to BII;
• Possess strong attention to detail; and
• Be skilled at managing stakeholder relationships, both internal and external, in order to drive the development and successful implementation of climate-related policy.

Desirable skills

• Understand how to deploy capital and efforts to maximize development impact across different capital pools, and
• Understand the investment cycle from origination to exit.

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:

• Impact-led, commercially rigorous
• Tenacious in the face of challenges
• 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