Volunteer Investment Ratings Analyst.
A unique opportunity to be part of the world’s only project for rating asset owners’ long-term climate risk management: AODP’s 2016 Global Climate Index.
About the Asset Owners Disclosure Project
The AODP is an independent global not-for-profit organisation that recognises the specific financial risk attributes of climate change. Whilst strongly challenging the industry it rates, AODP’s ultimate goal is to make asset owners more accountable to the long-term interests of their members and beneficiaries and support them to become leaders in climate risk mitigation.
We want to change the short term investment behaviour of the world’s largest insurance companies, pension, sovereign wealth and mutual funds. We want to drive them to manage the long-term risks of climate change through active engagement with fossil fuel and other high carbon companies and redirect their vast capital towards lower carbon investments.
The AODP has proven that pressure to disclose encourages change in the behaviour of large investors who know that many of their practices are too short term. We drive accountability by challenging reputations through rating the funds, outing hypocrisy but ultimately being collaborative. Leaders are encouraged to go further, average asset owners are driven to become leaders and life is made uncomfortable for laggards and disinterested funds who do not wish to embrace the inevitable transition to a low-carbon economy.
About the Role
The Asset Owners Disclosure Project (AODP) is seeking to build a team of outstanding investment ratings analysts to help produce the 2016 Global Climate Index. This index covers over $70 trillion of funds and shows which institutional investors are actively managing climate risks across their portfolio and those who are lagging behind.
As an AODP Investment Ratings Analyst intern you will learn our best practice methodology for long-term climate risk management for asset owners. Using this, along with web research, direct disclosure to AODP and fund member-provided information, you will rate a number of large asset owners such as pension funds, insurance companies, sovereign wealth funds, university endowments and foundations on their long-term climate risk management practices.
As well as gaining valuable understanding of leading edge climate change portfolio risk management and best practices for the asset management industry, you will be contributing to the creation of a more sustainable and accountable financial system and ultimately a new financial democracy.
The 2016 Global Climate Index Ratings Programme runs for 3 months from September to December 2015, with potential for some review and follow-up in January. You will be able to work virtually but encouraged to visit our London offices for training, briefings and team meetings if you’re based locally. The role is available on a full-time or part-time basis, with flexible hours – we’re looking for a commitment from each analyst to rate approximately 30 asset owners. You will report to the Fund Ratings Manager and become an integral part of the 2016 Ratings team.
Whilst this is an unpaid role the experience gained will be invaluable in furthering your future career in climate risk management, ESG and the investment arena. Many of our interns have progressed to other opportunities in the industry.
You’ve got an aptitude for finance and keen interest in solving climate change. You will ideally be degree educated in a financial discipline (finance, accounting, economics etc) with strong financial research and analysis skills and a good understanding of the financial system. Investment-related experience will be an advantage, as will your ability to grasp complex concepts and methodologies. You must have strong Excel skills, be self-motivated, deadline-driven and require little supervision. Your diligence, consistency and accuracy is crucial to this important work.
Fluency in both spoken and written English is required. Additionally, we especially welcome foreign language speakers as we rate funds from over 100 countries. All languages are in demand, but we are particularly in need of Japanese, Mandarin, Dutch and Spanish.
Location: Remote working (any country) or in AODP’s London office
Please apply with cover letter and CV to info[at]AODProject.net