Ecobank Ghana Announces New Job Opening

Ecobank Ghana Announces New Job Opening

Role Title: ENVIRONMENTAL, SOCIAL & GOVERNANCE AND SUSTAINABILITY REGIONAL COORDINATOR, AWA

JOB PURPOSE

The function helps Ecobank reach its sustainability goals by managing environmental and social risks, ensuring regulatory compliance, and incorporating ESG considerations into operations. The Specialist will help implement sustainability programs, advise stakeholders, and promote sustainable development within the bank’s operational regions. This job is essential for aligning Ecobank’s business operations with its sustainability goals and strengthening its responsible financial reputation.

Key Responsibilities

• Implementation of Sustainability Strategy: Assist in the implementation of Ecobank’s sustainability strategy, ensuring that it is consistent with the bank’s mission and business objectives.
• Environmental and Social Risk Management: Help detect, assess, and mitigate environmental and social risks in the bank’s operations and lending portfolio. Provide expert advice, assistance, and direction to stakeholders in Corporate and Investment
• Banking (CIB) and Consumer and Commercial Banking (CMB) on sustainability, environmental, and social risk problems.
• Integration of E&S Risk Management: Incorporate environmental and social risk management into the credit risk appraisal processes to ensure Ecobank’s Environmental and Social Management System (ESMS) runs smoothly.
• E&S Legal Integration: Facilitate negotiations with portfolio firms to ensure that environmental and social (E&S) rights are incorporated into legal agreements, including E&S action plans. Work with customers after they have received credit to enhance their environmental and safety management systems, rules, and procedures.
• Client Monitoring and Compliance: Ensure that clients comply with the Bank’s E&S regulations and policies, as well as contribute to CIB and CMB’s sustainability and climate programs. To ensure that best practices are followed, research and appraise environmental and social issues, laws, and industry activities.
• External Communications and Reporting: Assist with E&S-related external communications, such as yearly reports and case studies.

Other Benefits

• Equator Principles Compliance: Ensure that the Equator Principles standards are followed, and provide direction to Ecobank Regional Operations’ Environmental and Social Risk Officers.
• E&S Advocacy: Serve as Ecobank’s ambassador for environmental and social risk problems, creating and maintaining strong working relationships with internal and external stakeholders.
• Reporting and Due Diligence: Prepare annual E&S reports for Ecobank funders and oversee annual due diligence agreements involving CIB and CMB entities. Contribute to environmental and social reports for internal or external stakeholders, while maintaining communication and networking with important opinion leaders.
• Research and Analysis: Conduct environmental research, evaluate data, and interpret results. Identify areas that require extra instruction and potential for a positive effect.

JOB CONTEXT.

The Environmental and Sustainability Specialist position is at Ecobank, a leading pan-African bank with operations in various countries. The function supports the bank’s sustainability, environmental, and social responsibility goals. Ecobank, a major financial services company, must manage environmental and social risks across a wide range of assets and operations.

The Specialist will operate in a changing regulatory environment with increasing regulator, investor, and stakeholder scrutiny. This position requires knowledge of regional and worldwide standards, environmental trends, and ESG practices. The Specialist will collaborate with credit, risk, legal, and investment departments, as well as clients, regulators, and community groups.

A proactive strategy for risk identification and mitigation, standard compliance, and environmental and social benefits is required. The Specialist will integrate sustainability into the bank’s business processes, implement the Equator Principles, IFC Performance criteria, and European DFI requirements, and maintain the Environmental and Social Management System.

The Specialist must navigate significant cultural and contextual differences between the bank’s sites in a multicultural and multidisciplinary setting. To engage multiple stakeholders and promote Ecobank’s sustainable objective, strong communication and negotiation skills are needed.

The post includes combining Ecobank’s economic goals with its ethical and sustainability commitments, boosting its reputation as a responsible and forward-thinking financial institution. The Specialist will help Ecobank promote sustainable economic and social development in Africa.

Key Success Factors

• Deep Understanding of ESG Standards: A deep understanding of environmental, social, and governance (ESG) concepts and their application to the finance business is essential. To be successful in this profession, you must keep up with the newest innovations and best practices in sustainability.
• Strategic Planning and Implementation: Proficient in creating and implementing sustainability initiatives that correspond with Ecobank’s business objectives. This includes establishing quantifiable goals, tracking progress, and revising strategies as needed.
• Analytical and problem-solving abilities: Proven ability to assess complex environmental and societal risks and provide viable solutions. A data-driven approach to decision-making is critical for identifying patterns and areas for improvement.
• Project Management: The ability to manage many projects at the same time, including task prioritization, meeting deadlines, and working under pressure. Strong organizational abilities are required to coordinate cross-functional teams and initiatives.
• Innovation and Continuous Improvement: A proactive strategy to developing and implementing new technologies, techniques, and methodologies that can help Ecobank’s sustainability efforts. Openness to constant learning and adjusting to new difficulties is essential.
• Cultural Sensitivity and Adaptability: Understanding and respecting the cultural surroundings of the many regions where Ecobank operates. The ability to adjust sustainability measures to the specific needs and expectations of local communities is critical.
• Leadership and Team Collaboration: Demonstrates strong leadership abilities, inspiring and guiding teams to achieve sustainable goals. Collaboration and the capacity to work effectively with varied groups throughout the organization are important to success.
• Integrity and Ethical Conduct: A dedication to ethical behavior and integrity in all activities and judgments. The role is fundamentally about upholding Ecobank’s values and building a culture of responsibility and openness.

Accountable metrics

• ESG Goal Achievement: Measurable progress toward established environmental, social, and governance (ESG) targets, such as reduced carbon emissions, more diversity and inclusion, and better governance procedures.
• Regulatory Compliance: Complying with local, regional, and worldwide norms and standards, including timely and correct reporting on sustainability measures. No compliance breaches or penalties.
• Risk Management Effectiveness: The successful detection, assessment, and mitigation of environmental and social hazards, as indicated by a decrease in risk incidences and improved risk ratings.
• Stakeholder Engagement and Satisfaction: Positive feedback and satisfaction from stakeholders such as investors, regulators, and community members, as measured by surveys, engagement initiatives, and partnership outcomes.
• Sustainability Initiative execution: The timely and effective execution of sustainability projects and initiatives, with clear milestones and deliverables that are within budget and scope.
• Financial Performance and Sustainability: Contributions to financial performance include sustainable investment opportunities, cost savings via efficiency improvements, and improved brand reputation.
• Internal and external reporting quality refers to the accuracy, transparency, and comprehensiveness of sustainability reports, as well as conformity with established reporting frameworks (e.g., GRI, IFRS SASB).
• Innovation and Improvement: The use of new methods, technologies, or techniques to improve Ecobank’s sustainability initiatives, with documented results and impact.
• Metrics for team and collaboration include successful cross-functional initiatives and high team engagement scores.
• Professional Development and Capacity Building: Continuous professional development and capacity-building initiatives, including participation in relevant training and certification programs, with a focus on improving competence in sustainability and ESG.

DELIVERABLES

• Sustainability Strategy and Action Plan: Create and implement a comprehensive sustainability strategy and action plan that are consistent with Ecobank’s overall goals and objectives.
• ESG Reporting: Create and produce accurate and complete Environmental, Social, and Governance (ESG) reports that adhere to established standards such as GRI, SASB, and TCFD.
• E&S Due Diligence and Portfolio Monitoring: Oversee environmental and social due diligence, continuing portfolio monitoring, and providing technical advice and value to customers, ensuring that sustainable practices are integrated into business operations.
• Stakeholder Engagement Reports: Document and report on engagement activities with key stakeholders, including investors, regulators, community groups, and internal teams, emphasizing feedback and areas for development.
• Compliance and Audit paperwork: Ensure that all required compliance and audit paperwork is generated and maintained, indicating adherence to applicable environmental and social legislation and standards.
• Collaboration with Credit Teams: Work closely with key credit teams to include sustainability concerns in lending choices and risk assessments, thereby improving the entire risk management framework.
• Training and Capacity Building Programs: Create and implement training programs to increase organizational capacity on sustainability and ESG issues, ensuring that employees are well-informed and prepared to support initiatives.
• Internal and External Reporting: Create and publish internal and external reports to comply with regulatory obligations and explain the bank’s sustainability performance and initiatives.
• Sustainable Initiative Reports: Report on the status and impact of various sustainability programs, providing important measurements, outcomes, and recommendations for the next steps.

SKILLS REQUIRED

Educational Background:

• A bachelor’s or master’s degree in environmental science, sustainability, business administration, finance, or a closely connected discipline. Additional qualifications in ESG or sustainability-related fields are preferred. An advanced master’s degree or equivalent in a relevant field is advantageous.

Professional Experience:

• A minimum of 5 years of relevant experience in sustainability, ESG, or environmental and social risk management, particularly in the financial services industry or a sustainability/ESG consulting firm.

Technical Skills:

• Expertise in ESG frameworks and reporting standards such as GRI, SASB, TCFD, IFRS, and others.
• Experience with IFC Performance Standards and World Bank Environmental Health and Safety requirements.
• Strong analytical skills, including knowledge of data analysis and risk assessment techniques.
• Familiarity with environmental rules and compliance needs in multiple regions, particularly Africa.
• Experience working in a financial institution, preferably in the lending/transaction lifecycle.

Project Management:

• Extensive expertise in managing complex projects, including the ability to develop, execute, and supervise sustainability measures.

Communication and interpersonal skills:

• Excellent written and vocal communication abilities, including the ability to effectively deliver complicated material to a variety of audiences.
• Proven ability to communicate with stakeholders at all levels, including senior management, investors, regulators, and community organizations.

Language Skills:

• Proficiency in English is essential. Additional proficiency in French or other languages spoken in Ecobank’s operations locations is beneficial.

How to Apply for this Ecobank Ghana New Job Opening

Click Here to Apply Online

Closing Date: September 16, 2024

NOTE:

It is important to keep in mind that employers receive many applications for each job posting and will only select the most qualified candidates. Furthermore, NewsNowGh does not have any influence over the decisions made by employers/recruiters. As a result, we cannot guarantee that sending applications will lead to candidates being shortlisted or selected for a particular position.

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