Washington State ESD
Senior Market Monitor - Climate (Financial Examiner 4)
Washington State ESD, Seattle, Washington, us, 98127
Overview
Keeping Washington Clean and Evergreen
The Department of Ecology is hiring a
Senior Market Monitor - Climate (Financial Examiner 4)
within the Climate Pollution Reduction Program (CPRP).
Location & Schedule Location:
Headquarters Office in Lacey, WA. You must live within a commutable distance from the duty station.
This position is eligible for telework and flexible schedule options.
A minimum of one day per week is required in the Lacey, WA office. On an infrequent basis, additional Cap-and-Invest market events such as auctions may require in-person work.
Schedules are dependent upon position needs and are subject to change.
Application Timeline
Apply by October 26, 2025.
This position will remain open until filled. The agency reserves the right to make a hire at any time after application review begins. Applications received after the date above may not be considered.
The
Senior Market Monitor
role is part of the Auctions and Market Section of the Cap-and-Invest Program. This work is critical to the state's efforts to address climate change, decarbonize the economy, and prepare Washington for a leadership role in the green economy of the future. You and your team are tasked with successfully managing allowance auctions and trading to ensure a free and fair cap-and-invest market. Other responsibilities include developing proposed improvements to the market program based on performance, economic and policy analyses, and lessons learned from other jurisdictions, and producing reports and revenue forecasts related to the Cap-and-Invest program for the agency, the Governor’s office, and the Legislature. You will also represent Ecology in working with other state agencies, regulated industry, and national and international groups on issues related to the allowance auctions, market, and Cap-and-Invest program.
Responsibilities The primary emphasis of your role as
Senior Market Monitor
will be to complete market surveillance of participants in the cap-and-invest market coming from the financial sector or “general market participants” through the following duties:
Ensure Cap-and-Invest entities are in compliance with state and federal laws and industry standards in partnership with federal agencies (e.g., Internal Revenue Service, Securities and Exchange Commission, and Commodity Futures Trading Commission); market operators (e.g., Intercontinental Exchange (ICE) and Nodal); and relevant state agencies (e.g., the State Attorney General’s office).
Maintain contact with futures markets that list relevant futures contracts and use your expert judgement to review futures and bilateral allowance and offset contracts.
Apply knowledge of environmental markets and finance to closely review and monitor complex financial market participants as they join and participate in Washington's cap-and-invest market.
Identify and propose regulatory options to minimize regulatory arbitrage across jurisdictions and markets.
Regularly revisit the program's approach to market monitoring and seek out potential improvements.
Evaluate financial records and documents across financial and other market entities that are connected through corporate association groups as defined by regulation.
Maintain an up-to-date understanding of finance, commodity markets, and related fields and apply concepts from these fields in market monitoring work.
Qualifications Required Qualifications:
Nine years of experience and/or education as described below:
Professional experience
in finance; economics; energy, agricultural and/or other commodity markets; regulatory enforcement; or related work. This experience could be gained in most private sectors, and/or the public sector.
Education
in fields including—but not limited to—finance, business administration, economics, accounting, policy, data science, and related fields.
Examples of how to qualify:
9 years of experience.
8 years of experience AND 30-59 semester or 45-89 quarter college credits.
7 years of experience AND 60-89 semester or 90-134 quarter college credits (Associate’s degree).
6 years of experience AND 90-119 semester or 135-179 quarter college credits.
5 years of experience AND a Bachelor’s degree.
4 years of experience AND a Master’s degree.
3 years of experience AND a Ph.D.
Special Requirements/Conditions of Employment:
A background check will be conducted, which may include criminal record history, fingerprinting, and credit history. Information from the background check will not necessarily preclude employment, but will be considered in determining the applicant's suitability and competence to perform in the position.
Desirable Qualifications
Relevant Financial Industry Regulatory Authority (FINRA) licenses such as the series 7, series 66, and/or other series.
Other relevant certifications (finance training, Certified Public Accountant (CPA), Project Management Professional (PMP), data analysis / statistics training, market analysis, or related certificates).
Experience working to address climate change, including experience related to greenhouse gas markets.
Previous experience in finance, electricity, fuels, greenhouse gas, or other commodity markets, and related markets.
Quantitative skills in statistical analysis and/or mathematics and/or programming and modeling.
If you are excited about this role but not sure if your experience aligns perfectly with every qualification in the job description, we encourage you to apply. Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At the Department of Ecology, we are dedicated to building a diverse and authentic workplace centered in belonging.
Ecology does not use the E-Verify system; therefore, we are not eligible to extend STEM OPT. For more information, please visit the U.S. Citizenship and Immigration Services website.
DEIR Commitment Diversity, Equity, Inclusion, and Respect (DEIR)
are core values central to Ecology's work. We strive to be a workplace where we are esteemed for sharing our authentic identities, while advancing our professional goals and protecting the environment.
Diversity:
We celebrate diversity and value different perspectives.
Equity:
We champion equity and recognize different needs to thrive.
Inclusion:
We create opportunities for meaningful participation.
Respect:
We treat everyone with dignity, even in times of uncertainty.
We are on a journey to demonstrate our commitment to a vision where everyone is heard, seen, and valued.
Application Process Ecology seeks diverse applicants and encourages qualified job seekers from all backgrounds to apply.
How to Apply Click “Apply” at the top of this page. Complete the entire application, including full work history and responses to all supplemental questions, and attach:
Cover letter describing your interest in and qualifications for this position
Resume
Because we base our selection on the information you provide, it is in your best interest to complete the application thoroughly. A resume will not substitute for the work experience section of the application, or vice versa.
For detailed application information, please visit the Recruitment website.
Application Attestation:
By submitting an application, you affirm that the information contained in your application and attachments is complete and truthful. The state may verify this information, and any false or misleading answers may result in rejection or dismissal.
Accommodations & Contacts Need an Accommodation?
If you need reasonable accommodation during the application and/or screening process, including this job announcement in an alternate format, please contact us at 360-407-6186 or careers@ecy.wa.gov. If you are deaf or hard of hearing, you may call via the Washington Relay Service at 711 or 1-800-833-6384.
Questions?
For specific questions about the position location options, schedule, or duties, contact Derek Nixon at Derek.Nixon@ecy.wa.gov.
For assistance applying, status inquiries, or to request the full position description, contact the Recruitment Team at careers@ecy.wa.gov.
About CPRP & Ecology Climate Pollution Reduction Program (CPRP)
aims to implement policies and programs to reduce carbon emissions in Washington to meet statutory greenhouse gas limits. The Cap-and-Invest Program uses a market mechanism to reduce emissions, with proceeds invested in decarbonization, clean energy, and equity.
About the Department of Ecology
– We protect, preserve, and enhance Washington’s environment while supporting a healthy economy and workforce. We offer competitive benefits and emphasize work-life balance, leadership, accountability, and teamwork.
Equal Opportunity Employer:
Ecology is an equal opportunity employer and encourages applicants from diverse backgrounds.
Note:
This recruitment may be used to fill other positions of the same job classification across the agency. The recruitment may be used to fill additional open positions for up to 60 days after all positions are filled.
#LI-Hybrid
#J-18808-Ljbffr
The Department of Ecology is hiring a
Senior Market Monitor - Climate (Financial Examiner 4)
within the Climate Pollution Reduction Program (CPRP).
Location & Schedule Location:
Headquarters Office in Lacey, WA. You must live within a commutable distance from the duty station.
This position is eligible for telework and flexible schedule options.
A minimum of one day per week is required in the Lacey, WA office. On an infrequent basis, additional Cap-and-Invest market events such as auctions may require in-person work.
Schedules are dependent upon position needs and are subject to change.
Application Timeline
Apply by October 26, 2025.
This position will remain open until filled. The agency reserves the right to make a hire at any time after application review begins. Applications received after the date above may not be considered.
The
Senior Market Monitor
role is part of the Auctions and Market Section of the Cap-and-Invest Program. This work is critical to the state's efforts to address climate change, decarbonize the economy, and prepare Washington for a leadership role in the green economy of the future. You and your team are tasked with successfully managing allowance auctions and trading to ensure a free and fair cap-and-invest market. Other responsibilities include developing proposed improvements to the market program based on performance, economic and policy analyses, and lessons learned from other jurisdictions, and producing reports and revenue forecasts related to the Cap-and-Invest program for the agency, the Governor’s office, and the Legislature. You will also represent Ecology in working with other state agencies, regulated industry, and national and international groups on issues related to the allowance auctions, market, and Cap-and-Invest program.
Responsibilities The primary emphasis of your role as
Senior Market Monitor
will be to complete market surveillance of participants in the cap-and-invest market coming from the financial sector or “general market participants” through the following duties:
Ensure Cap-and-Invest entities are in compliance with state and federal laws and industry standards in partnership with federal agencies (e.g., Internal Revenue Service, Securities and Exchange Commission, and Commodity Futures Trading Commission); market operators (e.g., Intercontinental Exchange (ICE) and Nodal); and relevant state agencies (e.g., the State Attorney General’s office).
Maintain contact with futures markets that list relevant futures contracts and use your expert judgement to review futures and bilateral allowance and offset contracts.
Apply knowledge of environmental markets and finance to closely review and monitor complex financial market participants as they join and participate in Washington's cap-and-invest market.
Identify and propose regulatory options to minimize regulatory arbitrage across jurisdictions and markets.
Regularly revisit the program's approach to market monitoring and seek out potential improvements.
Evaluate financial records and documents across financial and other market entities that are connected through corporate association groups as defined by regulation.
Maintain an up-to-date understanding of finance, commodity markets, and related fields and apply concepts from these fields in market monitoring work.
Qualifications Required Qualifications:
Nine years of experience and/or education as described below:
Professional experience
in finance; economics; energy, agricultural and/or other commodity markets; regulatory enforcement; or related work. This experience could be gained in most private sectors, and/or the public sector.
Education
in fields including—but not limited to—finance, business administration, economics, accounting, policy, data science, and related fields.
Examples of how to qualify:
9 years of experience.
8 years of experience AND 30-59 semester or 45-89 quarter college credits.
7 years of experience AND 60-89 semester or 90-134 quarter college credits (Associate’s degree).
6 years of experience AND 90-119 semester or 135-179 quarter college credits.
5 years of experience AND a Bachelor’s degree.
4 years of experience AND a Master’s degree.
3 years of experience AND a Ph.D.
Special Requirements/Conditions of Employment:
A background check will be conducted, which may include criminal record history, fingerprinting, and credit history. Information from the background check will not necessarily preclude employment, but will be considered in determining the applicant's suitability and competence to perform in the position.
Desirable Qualifications
Relevant Financial Industry Regulatory Authority (FINRA) licenses such as the series 7, series 66, and/or other series.
Other relevant certifications (finance training, Certified Public Accountant (CPA), Project Management Professional (PMP), data analysis / statistics training, market analysis, or related certificates).
Experience working to address climate change, including experience related to greenhouse gas markets.
Previous experience in finance, electricity, fuels, greenhouse gas, or other commodity markets, and related markets.
Quantitative skills in statistical analysis and/or mathematics and/or programming and modeling.
If you are excited about this role but not sure if your experience aligns perfectly with every qualification in the job description, we encourage you to apply. Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At the Department of Ecology, we are dedicated to building a diverse and authentic workplace centered in belonging.
Ecology does not use the E-Verify system; therefore, we are not eligible to extend STEM OPT. For more information, please visit the U.S. Citizenship and Immigration Services website.
DEIR Commitment Diversity, Equity, Inclusion, and Respect (DEIR)
are core values central to Ecology's work. We strive to be a workplace where we are esteemed for sharing our authentic identities, while advancing our professional goals and protecting the environment.
Diversity:
We celebrate diversity and value different perspectives.
Equity:
We champion equity and recognize different needs to thrive.
Inclusion:
We create opportunities for meaningful participation.
Respect:
We treat everyone with dignity, even in times of uncertainty.
We are on a journey to demonstrate our commitment to a vision where everyone is heard, seen, and valued.
Application Process Ecology seeks diverse applicants and encourages qualified job seekers from all backgrounds to apply.
How to Apply Click “Apply” at the top of this page. Complete the entire application, including full work history and responses to all supplemental questions, and attach:
Cover letter describing your interest in and qualifications for this position
Resume
Because we base our selection on the information you provide, it is in your best interest to complete the application thoroughly. A resume will not substitute for the work experience section of the application, or vice versa.
For detailed application information, please visit the Recruitment website.
Application Attestation:
By submitting an application, you affirm that the information contained in your application and attachments is complete and truthful. The state may verify this information, and any false or misleading answers may result in rejection or dismissal.
Accommodations & Contacts Need an Accommodation?
If you need reasonable accommodation during the application and/or screening process, including this job announcement in an alternate format, please contact us at 360-407-6186 or careers@ecy.wa.gov. If you are deaf or hard of hearing, you may call via the Washington Relay Service at 711 or 1-800-833-6384.
Questions?
For specific questions about the position location options, schedule, or duties, contact Derek Nixon at Derek.Nixon@ecy.wa.gov.
For assistance applying, status inquiries, or to request the full position description, contact the Recruitment Team at careers@ecy.wa.gov.
About CPRP & Ecology Climate Pollution Reduction Program (CPRP)
aims to implement policies and programs to reduce carbon emissions in Washington to meet statutory greenhouse gas limits. The Cap-and-Invest Program uses a market mechanism to reduce emissions, with proceeds invested in decarbonization, clean energy, and equity.
About the Department of Ecology
– We protect, preserve, and enhance Washington’s environment while supporting a healthy economy and workforce. We offer competitive benefits and emphasize work-life balance, leadership, accountability, and teamwork.
Equal Opportunity Employer:
Ecology is an equal opportunity employer and encourages applicants from diverse backgrounds.
Note:
This recruitment may be used to fill other positions of the same job classification across the agency. The recruitment may be used to fill additional open positions for up to 60 days after all positions are filled.
#LI-Hybrid
#J-18808-Ljbffr