Sr. Manager, Environmental Commodities

Amp Americas • Chicago, IL

2d • Hybrid

About The Position

Working closely with and reporting to the Chief Commercial Officer (CCO), the Sr. Manager of Environmental Commodities will be an integral part of AMP’s commercial efforts, focusing on:
Originating and executing mid-marketing RNG environmental commodities transactions, including RINs, LCFS credits, and RTCs, focused in the 0 to 24 month timeframe
Full ownership of Amp’s hedging program and associated risk management
Managing and overseeing commercial operations, portfolio optimization, and position management
Managing a team of commercial operations personnel
The person in this role will work with our experienced commercial operations team to ensure flawless execution of Amp’s revenue generating processes and report Amp commercial activities to various internal Amp stakeholders. The ability to work independently while simultaneously collaborating with the rest of the Commercial team is essential, as well as a good working knowledge of the pricing and back-office functions needed to effectively manage a portfolio. This position will be hired at either the senior manager or director level, commensurate with candidate experience and will report to our Chicago office, with flexibility for 1-2 days/week remote work.

Requirements

• Demonstrated ability to manage and optimize a portfolio through execution of short-term (0-to 24 months) transactions
• 5-10 years in RNG, RIN, LCFS, natural gas, power, or other commodity portfolio management function; sustainability expertise and experience strongly preferred (e.g., environmental attribute experience). RNG market knowledge and familiarity with RFS/RINs, LCFS/CI accounting, and voluntary market instruments is beneficial
• Mid-office commodities experience including deep experience with contract terms (NAESB, LEAP, etc.) and with managing trade operations
• Commodities markets research experience
• Strong written and verbal communication skills
• Advanced Excel skills
• Aptitude for solving problems
• Works well in a small team environment, where teamwork, initiative, and accountability are paramount

Responsibilities

• Manage relationships with trading and mid-marketing counterparties, generating deal flow and executable transactions in the short term (0 to 24 months) to support portfolio optimization
• Manage Amp’s environmental attributes (RIN, LCFS, RTC, etc.) position; make recommendations to Amp’s Hedge Committee; execute trades to accomplish agreed upon hedging objectives; direct delivery of environmental attributes to counterparties in coordination with finance and accounting teams to optimize working capital
• Manage RNG, environmental attribute, and physical gas contracts and work closely with Head of Compliance to ensure Amp meets it regulatory obligations
• Manage RNG position to maximize RNG netbacks
• Anticipate and escalate potential commercial risks and opportunities gleaned from information flow within Amp and from counterparty interactions
• Manage and quality control commercial operations execution for revenue generating processes
• Adapt commercial processes to fit changes in regulations and new markets
• Manage and develop a team of capable professionals

Benefits

• Compensation package commensurate with experience including significant performance-based bonus and equity
• Career development commensurate with your abilities; opportunities to grow commercially given demonstrated aptitude and interest
• Comprehensive benefits package including health, dental, vision, disability, and life insurance
• Paid time off (PTO) and paid company holidays
• Opportunity to build upon your career in a company on the cutting edge of the energy industry

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 11-50 employees