Senior ESG Analyst

Last updated 1 hours ago
Location:Greater London

Description

Role Title: Senior ESG Analyst

Business: Asset and Wealth Management

Role Purpose

  • To engage with investee companies on the management of ESG issues, delivering our global engagement plan; supporting engagement activity of local active managers and stewardship team colleagues. Contribute across the range of stewardship activity, including ESG integration, voting, client reporting and policy.

Key Accountabilities

Impact on the business

  • Engage at senior level with investee companies & other issuers to encourage improvement on material ESG issues that seek to enhance shareholder value
  • Execute global engagement plan meeting quarterly goals
  • Maintain up-to-date records of engagement activity
  • Support internal and external reporting on engagement
  • Represent HSBC GAM in collective engagement initiatives
  • Support investment teams identifying material ESG issues and encouraging engagement activity
  • Support other stewardship-related activities as required including voting and ESG integration

Typical targets and measures

  • Evidence of impact from engagement.
  • Number of companies engaged
  • Quality of engagement reports produced

Customers / Stakeholders

  • Frequent interactions with investment teams, developing ESG thinking
  • Frequent interaction with investee companies; executing engagement plan
  • Interaction with other functions, to explain engagement strategy
  • Reporting to clients; presentations to internal and external stakeholders in association with sales, marketing, and other client-facing teams.

Typical targets and measures

  • Quality of relationship with investee companies
  • Quality of relationship with other investment teams & other colleagues

Leadership & Teamwork

  • Identify key engagement issues and influence investee companies.
  • Work effectively with other responsible investment team members
  • Work effectively with investment teams.

Typical targets and measures

  • Feedback from colleagues on contribution and attitude.

Operational Effectiveness & Control

  • Ensure engagement processes meet standards set out in the PRI & local stewardship codes, as well as the FIM or other compliance standards.
  • Identify appropriate enhancements to the our own processes and policy statements; recommend those within the team.

Typical targets and measures

  • No FIM breaches
  • Contribution to process development

Major Challenges

  • Managing a large number of engagements with different companies across a range of issues.
  • Developing a deep understanding of the ESG issues faced by companies and the quality of their management of these.
  • Contributing to the development of stewardship activity, in the face of competing demands upon resources & direction.

Role Context

  • HSBC Global Asset Management has set its ambition to be a leader in responsible investing. We aim to embed responsible investment thinking in the heart of everything we do; from our interaction with clients, the incorporation of ESG factors into our core products and solutions, to the creation of new products and solutions that deliver value for end-investors and positive impact for society at large. Sustainability is a key element in our strategy. We must discharge our commitments as a signatory of the UN Principles for Responsible Investment and UK Stewardship Code, including the belief that “environmental, social and corporate governance issues can affect the performance of investment portfolios”.
  • The stewardship team has a crucial role in delivering that ambition. For many clients our stewardship activity is the principal expression of our commitment to securing sustainable returns. For others, the work of the stewardship team complements the efforts of our active equity, fixed income and alternative asset class portfolio managers and analysts.
  • Reflecting this crucial role, the team is growing and new team members will have the opportunity to shape our engagement and other stewardship activity. We seek an open and constructive dialogue with investee companies, which can inform their strategic development and our own investment insights.

Management Risk

  • Comply with all rules applying to investment activities locally and globally.
  • Maintain records of engagement.

Observation of Internal Controls

  • Maintain HSBC internal control standards.
  • Comply with all rules applying to investment activities – in domestic jurisdiction as well as globally where relevant.