AVP Climate Risk Manager, (CPC Climate Capital)

About Us: The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships. A nationally recognized leader in affordable housing finance, CPC has provided a consistent source of capital to underserved housing markets throughout New York State since our inception in 1974. Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $15 billion to finance the creation and preservation of more than 230,000 units of quality housing in neighborhoods across New York State and beyond. CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals: Expanding Affordable Housing, Closing the Racial Wealth Gap and Investing in the Green Economy. As a member of our team, you'll have the opportunity to work on impactful projects that make a real difference in people's lives. We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration. About CPC Climate Capital: CPC Climate Capital is a new subsidiary of The Community Preservation Corporation and will be a subrecipient of Climate United Fund, the recipient of a $6.97 billion grant from the National Clean Investment Fund established by the federal government as part of the Inflation Reduction Act (IRA). CPC Climate Capital will use its subaward of approximately $2.4 billion to decarbonize multifamily housing by making subordinate debt financing available to owners of multifamily housing nationally. These investments will reduce or eliminate on-site fossil fuels, thereby reducing greenhouse gas emissions. Our climate goals will be simultaneously delivered against other critical national priorities, including the creation and preservation of affordable housing, promoting equity and environmental justice, and supporting high-quality jobs. For more information, please visit us at CPCClimateCapital.com Role Summary: The AVP Climate Risk Manager is responsible for evaluating and managing climate-related risks associated with loan portfolios, with specific understanding in the use of decarbonation tools and calculation. This role involves conducting risk assessments, advising on loan structuring, and developing strategies to mitigate climate risks and providing decarbonization methodology while ensuring compliance with regulatory requirements. The ideal candidate will have a strong background in environmental science, finance, and risk management. What You'll do: Evaluate climate-related risks for loan applications, with a specific focus on decarbonization and their potential impact on borrowers' financial performance. Advise on loan structuring to incorporate climate risk and decarbonization considerations, ensuring that terms align with sustainability goals and regulatory expectations. Analyze data and conduct research on decarbonation trends, regulatory changes, and best practices in climate risk management to inform lending decisions. Work closely with production team, originations, underwriters, credit analysts, and environmental experts to integrate climate risk assessments into the lending process. Participate in credit and climate risk committees supporting the head of Credit and climate risk in reviewing and approving loan opportunities. Prepare and present reports on decarbonization and other climate risk exposures within the loan portfolio to senior management and stakeholders. Assist in the development and implementation of policies and procedures related to climate risk management in lending. Provide training to staff on climate risk considerations and sustainable lending practices. Engage with external stakeholders, including regulatory bodies, NGOs, and industry groups, to stay informed on climate risk developments and best practices. Skills and Experience: Bachelor's degree in Environmental Science, Finance, Risk Management, or a related field. Master's degree preferred. Minimum of 7-10 of experience in risk management, lending, or related fields, with a focus on climate risk or sustainability. Strong understanding of climate-related risks, regulatory frameworks, and sustainability practices in the financial sector. Excellent analytical, problem-solving, and communication skills. Ability to work collaboratively across teams and influence decision-making. What We Offer: Competitive compensation 401(k) retirement plans with employer match Medical, dental, and vision benefits for employees and their dependents Commuter benefits PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability Tuition assistance program Two "work from anywhere" weeks per year Summer Fridays Collaborative working spaces Service days to support our communities Employee development and engagement events More about our offerings and culture here This is a hybrid role that can be based in either NYC and would work out of our Manhattan office 2 - 3 days a week or remote in Washington DC and will need to periodically travel to our Manhattan office. The salary range is $140,000 - $160,000, dependent on experience. The Community Preservation Corporation is an Equal Opportunity Employer and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.