REC Originator

About the Position

We are seeking a REC Originator to join our team in either San Francisco or New York. This role is pivotal in developing Statkraft into a leading market participant across Renewable Energy Certificates (RECs) and broader environmental markets. You will be responsible for matching the needs of renewable generators and environmental attribute suppliers with compliance and voluntary buyers, supporting both regulatory and voluntary decarbonization objectives.

Responsibilities

• Support the build-out and growth of Statkraft’s Environmental Products origination business, with a focus on RECs and related instruments.
• Develop and maintain strong relationships with key counterparties across corporates, utilities, financial institutions, developers, and intermediaries.
• Actively engage with market participants to strengthen Statkraft’s brand and position in REC and environmental markets.
• Identify, analyze, negotiate, and execute complex structured transactions in environmental products.
• Develop and maintain financial models to support valuation, risk assessment, and internal decision-making.
• Contribute to pricing, structuring, and hedging strategies in coordination with Trading and Portfolio Management teams.
• Monitor and interpret regulatory frameworks, voluntary market developments, and broader industry trends to inform strategy and product innovation.
• Translate customer decarbonization needs and market dynamics into scalable environmental product offerings.
• Collaborate closely with credit, legal, operations, and trading teams to progress and close transactions efficiently.
• Lead deal execution processes end-to-end, coordinating cross-functional inputs to ensure commercially robust and executable outcomes.
• Support the development of systems, processes, and tools to enable scaling of the Environmental Products business.

Requirements

• 3–5+ years of experience prospecting, originating transactions for any commodity market with a US client-base, preferably in Renewable Energy Certificates (RECs) and/or broader environmental products.
• Strong commercial mindset with a high degree of initiative and self-motivation, capable of identifying and executing value-driven opportunities in REC and environmental markets.
• Well-connected across environmental and power market participants, including corporates, utilities, developers, brokers, funds, and trading houses.
• Strong understanding of US REC markets (compliance and voluntary), including RPS frameworks, registry systems, and evolving market structures, alongside broader power market dynamics.
• Experience and familiarity with standard and non-standard REC contracts and environmental commodity agreements, including master trading agreements (e.g., ISDA, EEI, or REC-specific confirmations).
• Combination of entrepreneurial spirit, quantitative capability, attention to detail, and strong communication skills to drive growth, structure transactions, and deliver revenue across Environmental Products.

We Offer

• Competitive salary range of USD 150,000 - USD 180,000 per year.
• Comprehensive benefits package including healthcare coverage, wellness programs, and a 401(k)-retirement plan with company matching.
• Generous paid time off and professional development opportunities.
• A career filled with purpose, making a real difference to the planet, our communities, and the future.

About the Company

Statkraft has been making clean energy possible for over a century. With 125 years of unrivalled expertise in supplying the world with what it needs most, we envision a world that runs entirely on renewable energy. By joining us, you’ll shape a career that is truly forward-facing with many amazing opportunities and offerings to match.

Locations: San Francisco, CA or New York, NY

Employment Type: Full-time, On-site