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Statkraft

Junior Portfolio Manager / Junior Trader– RECs

Statkraft, San Francisco, California, United States, 94199

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Base Pay Range $160,000.00/yr - $180,000.00/yr

Statkraft has been making clean energy possible for over a century. We are the largest generator of renewable energy in Europe and a growing force in the U.S. environmental commodities markets. Join us to help accelerate the shift to a low‑carbon future.

Job Title Junior Portfolio Manager / Junior Trader – RECs

Team Origination – Environmental Markets

Location San Francisco, CA

Job Description As a Portfolio Manager for US Renewable Energy Credits (RECs), you will lead the development and execution of strategies under various state Renewable Portfolio Standards (RPS). You will manage a dynamic portfolio of REC products, support deal structuring, and collaborate across teams to drive innovation and value in the renewable energy space.

Key Responsibilities

Develop and execute strategies for US REC markets, including pricing, risk assessment, and market analysis.

Manage and optimize a portfolio of REC contracts, ensuring alignment with commercial and risk objectives.

Collaborate with originators to structure and price long‑term offtake agreements and bespoke REC solutions.

Monitor regulatory developments and market trends to inform strategy and identify opportunities.

Work with cross‑functional teams to manage risks and identify synergies with power and renewable portfolios.

Enhance portfolio management tools and contribute to valuation and risk infrastructure development.

Qualifications

3‑5 years of experience in environmental markets, with a focus on RECs and portfolio management.

Strong understanding of US REC markets and Renewable Portfolio Standards.

Quantitative (Python, SQL, Excel) and analytical skills with experience in structured environmental contracts.

Familiarity with risk management and trading strategies.

Excellent communication and collaboration skills.

Entrepreneurial mindset and attention to detail.

People with related market experience are encouraged to apply.

Additional Information What we offer Statkraft offers competitive terms of employment and a comprehensive benefits package that supports your well‑being at work and beyond. This includes healthcare coverage, wellness programs, a 401(k) retirement plan with company matching, generous paid time off, and professional development opportunities.

Seniority Level Mid‑Senior level

Employment Type Full‑time

Job Function Other

Industries Renewable Energy, Semiconductor Manufacturing

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