The best part of my job is the tangible impact our firm has on the long-term solutions to reducing climate change. Working in a large organisation, connected to industry experts across multiple regions and business lines provides exposure to the vast range of financing solutions and innovations the firm is involved with to help meet our climate and environmental goals. With these goals in mind I can be proud of the work I do and it gives me great pleasure to come to work every day.

In 2022 I worked on the ECB Climate Risk Stress Test, the first of its kind in Europe, assessing the system wide impacts of various climate scenarios on Citi’s balance sheet over multiple time horizons. It was a fantastic learning curve, understanding the contribution of our exposures to the provisions the firm should hold from a climate perspective. To deliver the exercise we explored new data and modelling challenges which required innovative thinking and collaboration across the firm. For someone with a quantitative background this is exactly the type of work I love to get my teeth into!

It’s a great time to be in financial services as we are at the forefront of the transition to a more sustainable economy. The regulations are driving more change from the which will filter down to the wider economy. As a financial institution, we are exposed to multiple different sectors through the products we offer and therefore get a view across multiple sectors and geographies. The pace of change of the regulation and innovation is breath-taking and as an industry, we should be proud of the advances we are making.

As part of Citi’s strategy around transformation and simplifying the bank, Citi’s leadership has initiated Citi’s New Way.

Citi's New Way is a program designed to change the way we work by introducing small, everyday habits that we can all adopt through a series of workshops.

Each year, Citi's New Way will have a specific focus aligned with our leadership principles, and we start with ownership.

Through the program, Citi leaders discover new ways of working, innovating, and collaborating. To support it, we've identified a global network of colleagues known as changemakers who will model these key habits and behaviours while encouraging your colleagues to do the same.

The idea is that through the implementation of small habits in your day-to-day we will work smarter (not harder).

I have worked in the financial services industry for nearly 15 years and am constantly astounded at the breadth of businesses and functions covered within the industry. Whether you want to work in a technical area like technology, finance or risk management or drive the business strategy through the business lines, there is a role for every individual in the financial services sector. In Citi, particularly with its scale, you can have a career with international coverage and remain in Ireland. If you are mobile, there are endless career opportunities globally.

Sustainable progress at Citi is driven by our commitment to advance solutions that address climate change around the world in support of the transition to a low-carbon economy. Recognizing the need for urgent action, we have set out our Sustainable Progress Strategy focused on the low-carbon transition, climate risk and sustainable operations.

1. Financing the Low-Carbon Transition - Through our $1 trillion sustainable finance commitment, we are financing and facilitating a wide array of climate solutions that accelerate the transition to a sustainable, low-carbon economy. We’re mobilizing capital to support activities in the following areas: circular economy; clean technology; energy efficiency; green buildings; renewable energy; sustainable agriculture and land use; sustainable transportation; and water conservation and quality.
   
   
2. Managing Climate Risk - Measuring, managing and reducing the climate risk and impact of our client portfolio is key to the low-carbon transition. We continue to implement and publish our climate-related disclosures in alignment with the recommendations of the task force on climate-related financial disclosures. As part of our efforts to reach net zero emissions by 2050, we’ll continue to test the resilience of our lending portfolios as we transition, as well as the physical risks related to climate change.

    

3. Strengthening Sustainable Operations - We're committed to reducing the environmental footprint of our facilities around the world and strengthening our culture of sustainability across the company. As we continue to report our progress against our 2025 operational footprint goals, we’re also working towards our commitment to net zero emissions for our operations by 2030.

For more information on Citi’s Sustainable Progress Strategy, please read Citi’s 2022 Task Force on Climate-related Financial Disclosures and ESG reports.