Roles and missions of the Responsible Investment Officer
The Responsible Investment Officer is a financial professional committed to responsible investing. They work for institutional investors, such as pension funds and not-for-profit organizations, analyzing socially and environmentally responsible factors before making investment decisions. The main tasks and roles of a Responsible Investment Officer are:
- Assess ESG (environmental, social and governance) risks associated with specific investments and their impact on financial performance;
- Develop responsible investment management procedures and processes for clients;
- Analyze ESG performance of investments and report on their impact;
- Research and collect information on companies to assess their ESG performance;
- Analyze and evaluate companies' business policies and practices regarding ESG issues;
- Develop responsible investment strategies for clients;
- Participate in awareness campaigns with companies on ESG issues;
- Participate in meetings with institutional investors and industry practitioners to discuss market trends;
- Oversee and monitor portfolios for clients and ensure compliance with their responsible investment strategy;
- Participate in responsible investment meetings and seminars.
Responsible Investment Officer Salary and Career Development
The salary of a responsible investment officer varies considerably depending on his or her skills and experience. In the financial markets, the gross annual salary in France will depend on years of experience:
- 0 to 2 years: 35,000 euros to 50,000 euros
- 2 to 5 years: 50,000 euros to 70,000 euros
- 5 to 10 years: 70,000 euros to 90,000 euros
- 10 to 15 years: 90 000 euros to 120 000 euros
- More than 15 years: 120,000 euros to 140,000 euros
Responsible investment managers can also move on to jobs related to their field, such as
- Financial analyst
- Portfolio manager
- Investment consultant
- Risk manager
- Investment manager