Overview
The Senior Policy Consultant will lead the technical guidance for the Chilean Taxonomy Implementation project, focusing on preparing the financial sector for its adoption and developing a roadmap for regulatory integration.
Key Responsibilities
- Lead Phase I: Testing, piloting, and evaluating the application of the Chilean Taxonomy in banking institutions' portfolios and processes.
- Develop a roadmap for the regulatory adoption of the Chilean Taxonomy to ensure its implementation in the banking sector.
- Coordinate with financial regulators, including the Financial Market Commission and the Superintendency of Pensions.
- Conduct surveys and interviews to assess banks' sustainability management practices.
- Analyze credit processes and categorize green credit products against the Taxonomy.
- Develop a standardized reporting framework for financial institutions.
- Organize and coordinate meetings with the pilot working group.
- Document pilot findings, prepare reports with recommendations, and develop an action plan.
- Develop a guidance document on the practical implementation of the Chilean Taxonomy for the banking sector.
- Design and deliver a capacity-building program on taxonomy implementation.
- Assess the regulatory scope for applying the Chilean Taxonomy to regulated entities.
- Review existing regulatory and financial/non-financial policy instruments.
- Provide recommendations on embedding the Chilean Taxonomy within the financial regulatory framework.
- Develop a phased, binding implementation plan for the private sector.
- Present the regulatory integration strategy and roadmap to supervisory authorities.
- Conduct training sessions and workshops for regulators and potential regulated entities.
Required Experience
- At least eight (8) years of professional experience and expertise in sustainable finance, with special focus on the European Union sustainable finance policy frameworks, is required.
- Three (3) years of working experience in the analysis and formulation of financial strategies and/or macroeconomic policies, is desirable.
- Demonstrated hands-on experience in implementing the EU Taxonomy or similar initiatives within financial institutions’ portfolios and processes or similar actions in other business areas is desirable.
- Experience in engaging with and providing guidance to financial regulators and supervisory bodies or other relevant regulators on the practicalities of the EU Taxonomy implementation or similar initiatives, is desirable.
- Strong familiarity with sustainable finance regulatory frameworks and an understanding of how taxonomies can be linked to national disclosure or labeling regimes is desirable.
- Knowledge of sustainability disclosure regimes is an asset.
- Exceptional analytical and reporting skills, with the ability to conduct in-depth assessments of banking processes and portfolios or real economy business models against sustainability criteria or climate performance models. The candidate must be skilled in performing gap analyses, identifying best practices, and formulating concrete policy recommendations is desirable.
- Proven ability to lead complex projects, from conception to delivery, including defining project governance, managing diverse stakeholders, and overseeing project teams, is desirable.
- Outstanding communication skills, with the ability to clearly articulate complex technical information to a variety of audiences, from senior bankers to regulators, is desirable.
- A track record of designing and delivering tailored capacity-building programs, including workshops, peer-to-peer learning, and knowledge exchange sessions for financial sector professionals, is desirable.
- Experience working with Latin American and Caribbean countries, is desirable.
- Experience in analysing net-zero and climate-resilient economy topics from a national/regional/global perspective, with the ability to offer practical policy advice, is desirable.
- Ability to deliver at speed and to adapt to client / country needs is desirable.
Qualifications
A master’s Degree in the following areas: Environmental Management, Engineering, sciences, law, economics, business administration, international relations or finance studies is required. A bachelor’s degree could be taken in lieu of master’s degree provided the selected candidate has 10 years of relevant experience.
