Junior Portfolio Manager / Junior Trader– RECs

Statkraft

The Role

Overview

Develop and manage US REC portfolio, strategy, pricing, risk, and regulatory analysis.

Key Responsibilities

  • risk management
  • portfolio tools
  • valuation
  • market analysis
  • rec pricing
  • deal structuring

Tasks

As a Portfolio Manager for US Renewable Energy Credits (RECs), you will lead the development and execution of strategies under various state Renewable Portfolio Standards (RPS). You will manage a dynamic portfolio of REC products, support deal structuring, and collaborate across teams to drive innovation and value in the renewable energy space. -Work with cross-functional teams to manage risks and identify synergies with power and renewable portfolios. -Monitor regulatory developments and market trends to inform strategy and identify opportunities. -Enhance portfolio management tools and contribute to valuation and risk infrastructure development. -Develop and execute strategies for US REC markets, including pricing, risk assessment, and market analysis. -Collaborate with originators to structure and price long-term offtake agreements and bespoke REC solutions. -Manage and optimize a portfolio of REC contracts, ensuring alignment with commercial and risk objectives.

Requirements

  • python
  • sql
  • excel
  • rec markets
  • risk management
  • 3-5 yrs

What You Bring

-Strong understanding of US REC markets and Renewable Portfolio Standards. -Familiarity with risk management and trading strategies. -Entrepreneurial mindset and attention to detail. -3-5 years of experience in environmental markets, with a focus on RECs and portfolio management. -Excellent communication and collaboration skills. -Quantitative (Python, SQL, Excel) and analytical skills with experience in structured environmental contracts.

Benefits

A career with Statkraft is a career filled with purpose – meaning that every employee is not just making a living, they are making a real difference to the planet, our communities, and the future. Statkraft offers competitive terms of employment and a comprehensive benefits package that supports your well-being both at work and beyond. This includes healthcare coverage, wellness programs, and a 401(k)-retirement plan with company matching. We also provide a range of additional perks, such as generous paid time off, and professional development opportunities.

The Company

About Statkraft

-A European leader in renewable energy generation, focusing primarily on hydropower, wind, and solar. -Provides clean energy solutions to power millions of homes and businesses. -A pioneer in renewable energy, with substantial investments in wind and solar projects globally. -A key player in energy trading, providing solutions for various industries. -Innovative approach to energy storage and grid management ensures reliable, sustainable power distribution. -Instrumental in driving the transition to renewable energy and continues to expand its green energy footprint. -A strong financial position allows reinvestment in new energy projects, furthering renewable energy ambitions.

Sector Specialisms

Energy

Industrial

Infrastructure

Buildings

Commercial

Transport

Utilities

Marine

Water

Renewables

Hydro

Wind

Solar

Biomass

Biofuels

District Heating

Data Centres

E-mobility

Hydrogen

Power Trading

Market Access