Climate & Environmental Financial Risk Manager at Bank of Africa – Rwanda Plc
Location: Kigali | Deadline: 10/10/2025
JOB VACANCY ANNOUNCEMENT
BANK OF AFRICA – RWANDA is a private commercial Bank that operates in Rwanda serving businesses/entities and individuals. BANK OF AFRICA started its operations in Rwanda in October 2015 after the acquisition of AGASEKE BANK that had been operating in Rwanda since November 2003.
BANK OF AFRICA – RWANDA is part of BANK OF AFRICA BMCE Group which opened doors in 1982 with its head office in Bamako -Mali but now in Dakar-Senegal. In Rwanda, the bank now has 14 branches, including 8 branches in Kigali and 6 branches upcountry. (Muhanga, Huye, Musanze, Rubavu, Rusizi and Kayonza) and 1 outlet in Kigali at Milles Collines.
Bank of Africa Rwanda seek to recruit well qualified and experienced candidate to fill the following position within Head Office:
Position Title: Climate & Environmental Financial Risk Manager
Department: Risk Management
Job Purpose
To lead the identification, assessment, and management of climate-related and environmental financial risks across the bank’s operations, portfolios, and strategy. The role ensures alignment with regulatory expectations, BOA Group policies and international standards (e.g., TCFD, IFRS S1, IFRS S2), and the bank’s sustainability goals.
Key Responsibilities:
- Risk Identification and Assessment
- Identify physical and transition climate risks affecting lending, investment, and operational activities.
- Conduct materiality assessments and climate-related scenario analyses.
- Policy and Framework Development
- Develop and implement frameworks, policies, and methodologies for managing climate-related and environmental financial risks.
- Ensure integration with credit, market, and operational risk management processes.
- Scenario Analysis and Stress Testing
- Lead the design and execution of climate and environmental stress testing models.
- Analyze impacts of climate & environmental scenarios on portfolios (e.g., floods, carbon pricing, regulatory change).
- Data Management and Metrics
- Work with internal stakeholders to source, validate, and analyze climate and environmental risk data.
- Develop and monitor climate-related and environmental Key Risk Indicators (KRIs).
- Regulatory Compliance and Reporting
- Ensure compliance with local and international regulations (e.g., TCFD, IFRS S1, IFRS S2, Basel principles and National Bank of Rwanda Regulations).
- Prepare climate and environmental risks disclosures and inputs for sustainability reports, ICAAP, and risk reports.
- Engagement and Capacity Building
- Collaborate with business lines and credit teams to embed climate and environmental risk considerations in decision-making.
- Organize training sessions to build awareness and knowledge across the bank.
- Committee Support
- Provide input and reporting to the Climate and Environmental Risk Steering Committee and Board Risk Committee.
- Draft policy papers, risk reviews, and updates for internal and external stakeholders.
- Climate Risk Integration into Portfolio Management
- Work with the Credit Department team to integrate ESG and climate risk in sectoral or client-level risk profiling.
- Support green finance eligibility criteria and exclusion policy development.
Qualifications, skills and Abilities Desired:
- Bachelor’s or master’s degree in environmental economics, finance, risk management, sustainability, or related field.
- Professional certifications (CFA ESG, GARP SCR) are an advantage.
- Minimum 5–7 years in risk management, environmental finance, or sustainability-related roles.
- Strong understanding of climate and environmental science, sustainable finance, and financial risk management.
- Knowledge of climate and environmental scenario models (NGFS, IPCC), carbon risk, and ESG data tools.
- Analytical mindset with ability to synthesize complex data.
- Familiarity with regulatory and voluntary reporting frameworks (e.g., TCFD, IFRS, etc).
- Excellent communication, stakeholder engagement, and report-writing skills.
How to apply:
If you meet the above requirements, submit your application by Friday 10th October 2025. Please include The Application, Updated Curriculum Vitae and copies of the relevant certificates.
All applications should be in soft and through the email indicated below.
Done at Kigali, September 30, 2025
