Portfolio Manager – Environmental Products

Statkraft • San Francisco, CA

138d

About The Position

Statkraft is Europe’s largest generator of renewable energy and a growing force in the U.S. environmental commodities markets. We are committed to accelerating the transition to a low-carbon future by developing innovative solutions in renewable energy and environmental products. Our Origination team plays a key role in sourcing and managing long-term portfolios of renewable energy and environmental commodities, including carbon offsets, allowances, and related instruments. As an Environmental Products PM, you will be a key contributor to Statkraft’s U.S. environmental markets strategy, with a particular focus on either US renewable energy credits or US compliance carbon products. You will manage and optimize a portfolio of various RE or Carbon product types and contracts, support deal structuring and pricing, and collaborate across teams to drive value and innovation in a dynamic and evolving market.

Requirements

• 5+ years in environmental markets, with a strong focus on environmental products and portfolio management.
• Deep understanding of U.S. Carbon Markets & US Renewable Certificates.
• Strong quantitative and analytical capabilities.
• Experience pricing and managing structured environmental contracts.
• Familiarity with risk management principles and trading strategies.
• Excellent communication and collaboration skills.
• Entrepreneurial mindset with a proactive approach to problem-solving.
• High attention to detail and personal integrity.
• Team-oriented with a passion for sustainability and innovation.

Responsibilities

• Lead the development and execution of strategies in compliance carbon markets (e.g., RGGI, LCFS, CCA), including pricing, risk assessment, and market analysis.
• Lead the development and execution of strategies under various state Renewable Portfolio Standards REC markets, including pricing, risk assessment, and market analysis.
• Manage and optimize a portfolio of either US renewable energy credits or US compliance carbon products, ensuring alignment with risk mandates and commercial objectives.
• Collaborate with originators to structure and price transactions, including long-term offtake agreements, structured products, and bespoke solutions.
• Develop and maintain a quantitative and fundamental view of the US environmental products markets. Provide insights on market trends, regulatory developments, and emerging opportunities.
• Work with power portfolio managers to identify synergies and manage cross-commodity risks and opportunities.
• Enhance portfolio management tools and models. Contribute to the development of a robust infrastructure for environmental product valuation and risk management.
• Engage with internal teams including trading, credit, operations, and analytics to support transaction execution and portfolio performance.
• Translate market intelligence, regulatory changes, and customer needs into actionable strategies and product offerings.

Benefits

• Unlimited learning opportunities at various levels of the organisation including LinkedIn Learning and inspiring leadership programs like IMD.
• The chance to grow your career alongside a truly global network of experts, leaders, specialists and graduates from different countries and backgrounds.
• Competitive terms of employment and benefits schemes.
• A trusted employer that puts the safety of our people first.
• A safe and healthy working environment.

What This Job Offers

• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees