Trading Associate

3DegreesPortland, ME
$89,000 - $100,000Onsite

About The Position

3Degrees' mission is to enable our global customers to reduce their environmental impact and achieve their renewable energy and sustainability goals. We do this by offering a full suite of climate and renewable energy products and services, including renewable energy certificates (RECs), RNG certificates, carbon credits, GHG strategy consulting, and renewable energy procurement advisory services (PPAs and VPPAs). The Environmental Markets division procures and sells these commodities to meet our customers' needs. As a member of the North America Renewable Energy Certificate (REC) team, you will focus specifically on the United States and Canada, actively trading in over 55 REC markets across every power pool in the country. This is a full-time 3Degrees Environmental Markets position located in Portland, ME and will report to the Director of North American RECs or the Head of Trading.

Requirements

  • Individuals with 2+ years of professional mid-office operations experience, ideally with experience in managing processes end-to-end and collaborating with external clients
  • Proficiency in Excel at an intermediate level, with experience in data manipulation and analysis
  • Excellent verbal and written communication skills with strong attention to detail
  • Experience in a fast-paced, high growth, startup environment and comfort with customer outreach
  • Familiarity with reviewing basic legal documents
  • Experience working with contracting processes and attention to detail in legal documentation review
  • Team player with a hunger to learn about environmental commodities, trading, and the renewable energy sector
  • Strong commitment to diversity and inclusion as a key driver to business success and demonstrated passion for our mission

Responsibilities

  • Engage with the North America REC portfolio to ensure all positions are clearly and correctly reflected
  • Assist in generating and delivering contracts to counterparties in a timely manner
  • Manage increased contracting responsibilities, ensuring timely and accurate processing of agreements with counterparties
  • Work across departments to efficiently problem-solve contract issues and verify deal data
  • Collaborate with internal stakeholders and external trading firms, ensuring alignment in deal terms and expectations
  • Support the transition to new trading platforms and provide feedback to improve operational workflows
  • Assist Origination and Trading teams in generating trade proposals, RFP-related documentation, and risk review write-ups
  • Assist with deliveries, as well as portfolio optimization and allocation of REC supply
  • Develop an understanding of renewable energy voluntary and compliance markets, and related regulatory frameworks

Benefits

  • medical
  • dental
  • vision
  • 401k
  • flexible paid time off
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