Website Morgan Stanley
Bank | Asset Manager
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.
Morgan Stanley’s central Sustainability team was formed in 2009 with an aim to drive the growth of sustainable investing through the ongoing development of products and solutions, thought leadership and capacity building initiatives. Since that time, it has continued to work with each of our core businesses seeking ways to integrate sustainability across the firm and in our operations.
The team is seeking an ambitious person with considerable climate finance experience, project management skills and deep climate technical knowledge to drive implementation of workstreams in support of achieving our net zero commitment.
This position will require the candidate to work closely with senior leaders of the Global Sustainable Finance team in New York and London, collaborate with senior management across the Firm, and engage with external climate-focused industry initiatives that help guide Morgan Stanley’s approach to measuring, managing, and reporting financed emissions. The candidate will be a member of GSF’s Climate Team, which is responsible for developing and driving the Firm’s climate strategy working with business partners.
This role is designed to provide both deep technical and project management support for net-zero related projects led by the Climate Team within Global Sustainable Finance. Morgan Stanley has developed a three-part Measure-Manage-Report strategy to address our net-zero commitment. This role would help implement across all three areas of work, with a primary focus on measuring and managing emissions. Key tasks include but are not limited to:
- Leverage existing credible methodologies, frameworks, emissions pathways, and other industry resources and best practices to further advance the Firm’s approach to net zero.
- Actively participate in and contribute to external climate and carbon accounting initiatives such as the Net-Zero Banking Alliance (NZBA), Glasgow Financial Alliance for Net-Zero (GFANZ), the Partnership for Carbon Accounting Financials (PCAF) and Greenhouse Gas Protocol (GHGP)
- Provide climate expertise to internal stakeholders that will help expand GHG emissions measurement across asset classes
- Partner with GSF’s data team on climate data availability and quality issues and ensure appropriate climate data and metrics are incorporated into the Firm’s business selection activities
- Actively contribute to and support the development of a climate transition plan
- Partner with and support key internal stakeholders in preparing our financed emissions and other climate-related material for disclosure
- Contribute to other climate-related projects across GSF as priorities and timelines require
- Bachelor’s degree required, Master’s degree a plus
- The successful candidate should have approximately 5-8 years of professional experience, including a strong foundation in climate finance, sustainability, and/or developing solutions to decarbonize emission-intensive sectors (i.e. oil and gas, power), evidenced by a relevant degree, appropriate industry qualification and/or relevant work experience in finance and/or a market-oriented NGO
- The candidate will be able to demonstrate strong and capable project management skills, including the ability to drive projects to completion, adjust timeframes as needed to address unforeseen events, and provide frequent updates to senior management to better inform decision-making.
- Must have broad technical knowledge related to science-based emissions pathways, carbon emissions data (including its challenges and limitations), various approaches to measure the carbon footprint of financing activities and transition finance
- The candidate will benefit from experience in financial services, with broad knowledge of financial sector products and services (i.e. lending, capital markets activities, investment banking, etc.)
- The candidate will need to deliver high-quality work within a fast-paced environment.
- The candidate should have experience and/or familiarity with carbon accounting, sustainability reporting, climate science as well as related methodologies and initiatives/orgs (TCFD, SASB, PCAF, GHGP, SBTI, TPI, NZBA/GFANZ, etc.). Familiarity with evolving global climate finance and disclosure regulatory requirements (ISSB, SEC, CRSD) is also helpful.
Expected base pay rates for the role will be between 85000 and 135000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Dec 9, 2022
Americas-United States of America-New York-New York
Global Sustainable Finance