Senior Trading Associate, Rest Of World (ROW)

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

ABOUT THE ROLE

As the Senior Trading Associate, Rest of World (ROW), you will be a key member of our dynamic Environmental Markets team, supporting the growth of our international portfolio. Reporting to the Senior Portfolio Manager, ROW, you will play a vital role in executing trading strategies and managing risks across diverse international markets. You will focus on the liquid and emerging markets for Energy Attribute Certificates (EACs) outside of North America (NA), ensuring our portfolio is positioned for success in a rapidly evolving global landscape. Within NA, this role will support Renewable Natural Gas markets through trading Renewable Thermal Certificates (RTCs). In this role, you will work cross-functionally with Analysis, Trade Operations, Regulatory, and Legal teams to build the business in a manner consistent with our mission and business practices. 

This is a full-time position ideally located in the New York area to best serve the respective markets. This position is open to candidates ideally based within a commutable distance to our New York, NY office, where you’ll enjoy a flexible, hybrid working environment. 

Please Note: 3Degrees does not provide sponsorship or work authorization assistance; therefore, pre-existing right-to-work status is a prerequisite to be considered for this position.

WHAT YOU’LL DO

Pricing & Portfolio Management Excellence:

• Ensure the ROW portfolio is accurately valued at all times using mark-to-market valuations.
• Maintain the integrity of portfolio positions by ensuring transactions are integrated on a real-time basis.
• Contribute to daily portfolio management activities, including position tracking, receipts, deliveries, and audits for the international book.
• Identify and manage arbitrage opportunities across different ROW markets and instruments.

Strategic Opportunity Identification:

• Work closely with analysts to develop and refine market models tailored to ROW regions to inform high-impact trading.
• Collect and analyze data on market fundamentals, liquidity, and forward outlooks to support senior leadership in strategic decision-making.
• Collaborate with the Regulatory Affairs team to synthesize legislative or policy changes in ROW markets into actionable trading strategies.

Commercial Execution & Market Coverage:

• Execute buy and sell-side transactions for EACs to meet portfolio needs and achieve growth objectives.
• Identify and execute trading strategies that capitalize on market dynamics and emerging trends within ROW regions.
• Support the response to RFPs and identify new counterparty opportunities to expand our international reach.
• Liaise with international brokers, traders, and principals daily to discuss ROW EAC markets and pricing.
• Support North America (NA) Renewable Natural Gas markets and trade Renewable Thermal Credits (RTCs). 

ABOUT YOU

• Experience: 4-7 years of work experience in a trading, brokerage, or adjacent role within environmental commodity markets (ideally with exposure to international EACs or carbon markets) , with demonstrated experience supporting portfolio valuations, risk tracking, or contributing to book profitability. 
• Education: A 4-year degree in a quantitative field or equivalent work experience.
• Analytical & Operational Rigor: Proven excellence in building financial models and evaluating supply and demand dynamics. Possesses a strong operational mindset with a sharp eye for detail, comfortable spending significant time executing daily portfolio maintenance, trade entry, position tracking, and data integrity tasks. 
• Communication: Exceptional interpersonal and communication skills, with the ability to build trust with stakeholders across different cultures and time zones.
• Mindset & Adaptability: A curious, proactive self-starter who is equally comfortable diving deep into routine portfolio administration as they are navigating the ambiguity of an entrepreneurial, fast-paced environment. Proven ability to manage multiple complex projects simultaneously while maintaining composure under pressure. 
• Mission-Driven: A genuine passion for climate action and a commitment to B Corp values.
  

HOW WE DEFINE SUCCESS

Within 30 days:

The focus of the first month is on absorbing institutional knowledge, mastering foundational data entry, and building the internal network required to navigate the organization.

• Market & System Immersion: Achieve fluency in international Energy Attribute Certificate (EAC) markets and master the primary internal systems used for portfolio management.
• Internal Networking: Establish productive working relationships with the Analysis, Trade Operations, Regulatory, and Legal teams.
• Operational Integration: Successfully manage basic deal entry, take accountability for daily trade logs, and support the foundational data integrity of the portfolio.
• Baseline Proficiency: Complete all required compliance and risk policy training to ensure a foundational understanding of trading boundaries.

Within 90 days:

By the end of the first quarter, the focus shifts toward total technical independence in daily portfolio maintenance and translating market data into actionable information.

• Maintenance Mastery: Independently own the 50% operational workload, ensuring the ROW portfolio is accurately valued at all times via meticulous mark-to-market valuations and position tracking.
• Market Translation: Effectively synthesize feedback from brokers and research into clear, actionable recommendations for the Senior Portfolio Manager.
• Portfolio Awareness: Demonstrate a comprehensive understanding of current positions, key counterparties, and active trading strategies.
• Deal Structuring: Attain a deep understanding of Rest of World (ROW) and North American RNG and RTC deal structures and the specific steps required for successful trade implementation.

Within 6 months:

At six months, the expectation is to leverage your operational foundation to begin driving value through independent commercial management and relationship building.

• Independent Execution: Manage commercial and wholesale assignments, receipts, and deliveries for the international book without daily supervision.
• Pipeline Development: Transition from internal book maintenance to outward-facing growth by proactively building a pipeline of new wholesale relationships to expand the firm’s international reach.
• Complex Structuring: Lead the design of complex renewable energy transactions that account for unique regional regulatory requirements.
• Risk Contribution: Actively contribute to risk management strategies tailored to the specific volatility of international ROW and NA markets.

Within 1 year:

After one year, the role transitions fully from a maintenance and support function into true commercial ownership, where you are responsible for the P&L health and strategic direction of your assigned books.

• Autonomous Management: Fully own assigned ROW trading books, operating with total autonomy over both daily operations and commercial execution while strictly adhering to company risk policies.
• Strategic Value Creation: Generate measurable portfolio value and P&L growth by converting regulatory analysis into profitable, long-term trading strategies.
• Network Ownership: Maintain and grow a robust network of suppliers and buyers across diverse global geographies to independently originate deals.
• Market Leadership: Act as a subject matter expert who interprets market dynamics to inform high-level trading decisions and drive long-term value.

COMPENSATION & BENEFITS

• Compensation: The minimum and maximum salary for this position is $110,000 to $126,000 in the US. The level of pay within the range will depend on a variety of job-related factors that may include location, role requirements, relevant prior experience and/or education, or particular skills and expertise
• 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 performance bonus.
• 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

Salary : $110 - $126