Jobs and Careers
3D
Portfolio Manager, Carbon & Renewable Fuels
3DegreesUnited Statesfull_timeVerifiedPosted 9 Jul 2024
💰 $169,000/yr($147,000/yr – $169,000/yr)
About the role
Every day, we work together for what matters – bold, swift, and equitable climate action.
ABOUT THE ROLE
3Degrees is dedicated to helping businesses, organizations, and individuals reduce their environmental impact and transition to renewable energy. The Environmental Markets division is responsible for procuring and selling environmental commodities to meet our customers’ needs. In this strategic and transactional role, you’ll join the Environmental Markets team and be instrumental in driving the growth and profitability of 3Degrees' Carbon & Renewable Fuel portfolio. You will collaborate with the Head of Trading in developing and executing a comprehensive portfolio strategy, managing risk, and generating superior returns. This is a full-time opportunity within the 3Degrees Environmental Markets division located in Portland, ME and will report to the Head of Trading. 3Degrees does not provide sponsorship and /or relocation assistance for non-nationals in any of our roles. Therefore pre-existing right-to-work status or full work visa for the locations listed above is a prerequisite in order to be considered for this position.
WHAT YOU’LL DO
As a Portfolio Manager you’ll play a vital role in shaping the success of our Carbon & Renewable Fuels portfolio. Leveraging your expertise, you will develop and implement a robust portfolio strategy, lead trading activities, conduct in-depth market analysis, build strong relationships with key stakeholders and optimize portfolio performance. Key responsibilities include:
ABOUT YOU
You are a seasoned portfolio management professional with a deep understanding and proven track record in the Carbon & Renewable Fuels markets (RGGI, CCA, LCFS). Your versatility in trading styles, coupled with a keen ability to analyze supply and demand dynamics, allows you to identify and capitalize on market opportunities. A curious and analytical mindset drives your passion for consuming market data and executing multiple transactions simultaneously while effectively managing risk. You thrive in fast-paced environments and are eager to contribute your expertise to a growing organization. With a strong foundation in portfolio management and a desire to expand your knowledge, you are a strategic thinker and effective leader capable of delivering exceptional performance and bring the following:
ABOUT THE ROLE
3Degrees is dedicated to helping businesses, organizations, and individuals reduce their environmental impact and transition to renewable energy. The Environmental Markets division is responsible for procuring and selling environmental commodities to meet our customers’ needs. In this strategic and transactional role, you’ll join the Environmental Markets team and be instrumental in driving the growth and profitability of 3Degrees' Carbon & Renewable Fuel portfolio. You will collaborate with the Head of Trading in developing and executing a comprehensive portfolio strategy, managing risk, and generating superior returns. This is a full-time opportunity within the 3Degrees Environmental Markets division located in Portland, ME and will report to the Head of Trading. 3Degrees does not provide sponsorship and /or relocation assistance for non-nationals in any of our roles. Therefore pre-existing right-to-work status or full work visa for the locations listed above is a prerequisite in order to be considered for this position.
WHAT YOU’LL DO
As a Portfolio Manager you’ll play a vital role in shaping the success of our Carbon & Renewable Fuels portfolio. Leveraging your expertise, you will develop and implement a robust portfolio strategy, lead trading activities, conduct in-depth market analysis, build strong relationships with key stakeholders and optimize portfolio performance. Key responsibilities include:
- Comprehensive Portfolio Strategy and Management: Create and implement a comprehensive portfolio strategy aligned with 3Degrees' overall business objectives. Set clear performance benchmarks and risk parameters. Contribute to comprehensive portfolio management, including meticulous tracking of positions, deliveries, receipts, and audits.
- Risk Management: Identify, assess, and mitigate portfolio risks. Implement robust risk management frameworks and controls.
- Cover Broker Markets, Traders, and Exchanges: Navigate the intricacies of the Carbon & Renewable Fuels market (e.g., CCA, RGGI, LCFS) by establishing strong relationships with brokers and traders. Liaise daily with over 15 brokers to discuss market dynamics and pricing of Carbon & Renewable Fuels.
- Lead Trading Activities: Buy and sell Carbon & Renewable Fuels to meet portfolio needs, while identifying and executing profitable trading strategies based on your understanding of market trends and risk management principles.
- Pricing and Support: Ensure the portfolio is accurately valued using mark-to-market accounting practices. Furthermore, integrate exchange positions into the portfolio on a real-time basis for complete transparency.
- Identify and Capitalize on Opportunities: Identify and capitalize on arbitrage opportunities throughout the US Carbon & Fuels book, maximizing portfolio returns.
- Policy and Market Analysis: Stay abreast of market trends, regulatory changes, and competitor activities through collaboration with the Regulatory Affairs team, and convert insights into trading strategies. Collaborate with analysts to develop market models which help identify trading strategies, fostering a collective environment for market analysis.
ABOUT YOU
You are a seasoned portfolio management professional with a deep understanding and proven track record in the Carbon & Renewable Fuels markets (RGGI, CCA, LCFS). Your versatility in trading styles, coupled with a keen ability to analyze supply and demand dynamics, allows you to identify and capitalize on market opportunities. A curious and analytical mindset drives your passion for consuming market data and executing multiple transactions simultaneously while effectively managing risk. You thrive in fast-paced environments and are eager to contribute your expertise to a growing organization. With a strong foundation in portfolio management and a desire to expand your knowledge, you are a strategic thinker and effective leader capable of delivering exceptional performance and bring the following:
- Proven track record in portfolio management with a focus on Carbon & Renewable Fuels markets (2+ years)
- Strong understanding of financial markets, ability to identify and execute profitable trades while managing risk
- Keen ability to grasp complex information and translate it into strategic trading opportunitie
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