European Analyst, Environmental Markets

Every day, we work together for what matters – bold, swift, and equitable climate action.

ABOUT THE ROLE

This is a fantastic career opportunity to join an innovative, passionate team that demands focus, persistence, and dynamism in the growing Climate sector! 3Degrees is hiring a European Analyst, Environmental Markets to join our growing team and help organizations around the world achieve their renewable energy and decarbonization goals. We are looking for someone who is a skilled Excel aficionado who enjoys building tools, constructing multifaceted supply and demand models, and finding insightful methods of illustrating complex data. Your desire to learn the ins and outs of environmental commodity markets drives you to add your own flavor to your work, whether it be legislative knowledge, market commentary, or industry hearsay.

This position is open to candidates ideally based within a commutable distance of our office in Oslo Norway, where you can enjoy a flexible, hybrid-working pattern. Exceptional candidates based remotely in Hungary, Italy, Spain, UK, Netherlands and Norway may also be considered. This role reports to the Lead Portfolio Manager EMEA.

Please Note: 3Degrees does not provide sponsorship and /or relocation assistance for non-European nationals in any of our European roles, therefore pre-existing right to work status or full work visa for the nations listed above is a prerequisite in order to be considered for this position.

WHAT YOU’LL DO

This Analyst will join the Environmental Markets team which manages the domestic and international Energy Attribute Certificate (EACs) business at 3Degrees.  This person supports our internal market and pricing analysis efforts.  The ideal candidate has experience with environmental commodity markets, especially Guarantees of Origins (GOs) and Renewable Energy Guarantees of Origin (REGO).  Position responsibilities include:

• Developing comprehensive supply and demand models to support 3Degrees’ business, including:

• Evaluating and conducting due diligence for GO and REGO deal opportunities

• Constructing nuanced market insights across a variety of geographies and products within continental Europe

• Conducting research and analysis to help guide the development of trading strategy to include:

• Execute weekly scheduled pricing and portfolio reporting

• Assist our Regulatory Affairs team with research on potential legislative, regulatory, or policy changes affecting the European markets

• Manage and update existing market reports and convey results to different teams

• Support European portfolio managers with ad hoc analyses

• Engaging with, updating, and running Excel VBA-based and Tableau reporting tools to help guide portfolio decisions

• Apply more advanced technical skills in SQL to improve analyses

ABOUT YOU

You will have a propensity for figuring out creative ways to overlay data sets in a manner that provides critical analytical insights to our Trading Team. Candidates who possess the following qualifications have an excellent opportunity to thrive in this role:

• 2 - 4 years of professional experience in financial/fundamentals modeling
• Renewable energy commodity markets experience preferred
• Advanced proficiency in Excel and diligent attention to detail
• Experience using SQL or Tableau
• Ability to work in a team based environment balancing competing demands toward mutual goals
• Excellent presentation skills. Must be able to succinctly present information to other team members
• Capability to manage multiple projects simultaneously and maintain composure under pressure
• Strong independent learning skills coupled with a successful track record of self-driven analytical investigations
• Self-motivated, with a genuine desire to accelerate the growth of environmental markets domestically and internationally
• Excellent written and verbal English language skills. Fluency in one other major European language is a plus
• BA/BS degree in a relevant discipline or equivalent combination of professional experience and education

HOW WE DEFINE SUCCESS

Within 30 days

• You have a firm understanding of the GO market structure, 3Degrees' overall portfolio position, and at least an indication of the key drivers underlying these strategies
• You will complete the first month of our onboarding program plus invested in your own research and have a basic understanding of 3Degrees’ company and commercial business structure, products, and services
• You are attuned to the key stakeholders within EM and have an initial understanding of their priorities and needs
• You have successfully engaged with the team in terms of their growth, tools, processes, and reporting activity

Within 90 days

• You are beginning to track key long-term trends for the company and understand how those concepts are reflected in raw data
• You have taken independent ownership of routine reporting tools and can demonstrate that you understand their relevance to portfolio management

Within 6 months

• You are an active contributor and fully integrated into the EM team
• You are the primary source of market information for the EU portfolio, including generating weekly reports and actionable intelligence reviews for the trading team

COMPENSATION & BENEFITS

• Compensation: The starting base pay for this position is $90,435 to $104,000 in the US. The employment agreement will be converted and stated in the currency applicable to the candidate's location. The total compensation package for the successful candidate in this role may exceed the base pay as it includes other incentive pay. The base pay is dependent upon many factors such as location, transferable or job-related skills, work experience, relevant training, business needs, and market demands. The base salary range is subject to change and may be modified in the future. This is a Europe-based remote role and currency will be converted to the local currency based on USD equivalent. Conversion rates are reviewed biannually, at a minimum.
• Benefits: this position is eligible for a benefits package that includes medical, dental, vision, 401k, flexible paid time off and more. Additional information regarding the benefits available for this position can be found at: https://jobs.jobvite.com/3degrees/jobs/jointheteam
• Supplemental Pay: this position is eligible for discretionary bonus programs including the company’s profit sharing program and an annual team Bonus Pool.
• This compensation and benefits information is based on 3Degrees’ good faith estimate as of the date of publication and may be modified in the future.

OUR COMMITMENT TO DIVERSITY, INCLUSION AND EQUITY

3Degrees is an equal opportunity employer. We are committed to creating an inclusive environment where different perspectives contribute to better solutions. 3Degrees welcomes people regardless of race, color, religion, national origin, gender, gender identity or gender expression, age, sex, pregnancy, marital status, ancestry, physical or mental disability, military or veteran status, sexual orientation, genetic information, or any other category protected by law.

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