Originator - REC

Statkraft•San Francisco, CA

2d•Remote

About The Position

As an Originator within Environmental Products, you will be responsible for developing Statkraft into a leading market participant across Renewable Energy Certificates (RECs) and broader environmental markets. This includes matching the needs of renewable generators and environmental attribute suppliers with compliance and voluntary buyers, supporting both regulatory (e.g., RPS) and voluntary decarbonization objectives. You will play a key role in expanding and scaling Statkraft’s Environmental Products platform, driving deal flow, deepening market relationships, and contributing to the commercialization of innovative products across REC markets. You will also contribute to pricing, structuring, and hedging environmental attribute transactions, leveraging collaboration across Origination, Trading, and Portfolio Management. Finally, you will lead transactions end-to-end, applying your expertise and collaborative approach to ensure successful structuring, negotiation, and execution.

Requirements

3–5+ years of experience prospecting, originating transactions for any commodity market with US client-base, preferably in Renewable Energy Certificates (RECs) and/or broader environmental products
Strong commercial mindset with a high degree of initiative and self-motivation, capable of identifying and executing value-driven opportunities in REC and environmental markets
Well-connected across environmental and power market participants, including corporates, utilities, developers, brokers, funds, and trading houses
Strong understanding of US REC markets (compliance and voluntary), including RPS frameworks, registry systems, and evolving market structures, alongside broader power market dynamics
Experience and familiarity with standard and non-standard REC contracts and environmental commodity agreements, including master trading agreements (e.g., ISDA, EEI, or REC-specific confirmations)
Combination of entrepreneurial spirit, quantitative capability, attention to detail, and strong communication skills to drive growth, structure transactions, and deliver revenue across Environmental Products.

Responsibilities

Support the build-out and growth of Statkraft’s Environmental Products origination business, with a focus on RECs and related instruments
Develop and maintain strong relationships with key counterparties across corporates, utilities, financial institutions, developers, and intermediaries
Actively engage with market participants to strengthen Statkraft’s brand and position in REC and environmental markets
Identify, analyse, negotiate, and execute complex structured transactions in environmental products (including unbundled RECs and emerging products where relevant)
Develop and maintain financial models to support valuation, risk assessment, and internal decision-making
Contribute to pricing, structuring, and hedging strategies in coordination with Trading and Portfolio Management teams
Monitor and interpret regulatory frameworks (e.g., RPS programs), voluntary market developments, and broader industry trends to inform strategy and product innovation
Translate customer decarbonization needs and market dynamics into scalable environmental product offerings
Collaborate closely with credit, legal, operations, and trading teams to progress and close transactions efficiently
Lead deal execution processes end-to-end, coordinating cross-functional inputs to ensure commercially robust and executable outcomes
Support the development of systems, processes, and tools to enable scaling of the Environmental Products business