Director of Carbon Origination & Trading

One of the world's largest banks is looking for a Director of Carbon Origination and Trading. This is a new team which will be building a portfolio of high-quality projects initially focussing on voluntary carbon markets, as well as setting the foundations for how such a portfolio is managed, including pricing and risk management. You will report in to the Global Head of Carbon Portfolio and Solutions.

​

You will be responsible for:

• Originating and managing a high quality and well-diversified pipeline of carbon credits on the voluntary market, with involvement in different stages of distribution

• Setting up the standards for the internal due diligence process and assessing new projects within the context of rapidly changing market conditions and regulations, working with Group Sustainability and others

• Managing the book of offsets within the context of a financial institution, this includes maintaining risk positions and managing risk limits, providing pricing to clients

• Actively drive the OTC product development working with stakeholders and support functions to set up front to back processes, trading systems, e-offering, documentation, etc.

• Staying abreast of carbon market developments and responding to needs and trends with product innovation and market analysis/ commentary

• Working effectively with ESG teams, institutional and corporate salesforce and other internal key stakeholders will be important to ensure carbon credit supply meets customer needs

​

The successful candidate will be able to demonstrate:

• Significant experience in carbon markets with a good understanding across the voluntary and compliance markets, including main trends, risks, and opportunities

• Understanding of voluntary standards such as VCS, Gold Standard and associated methodologies across a range of project types

• Experience in sourcing voluntary carbon credits in a number of sectors, including undertaking due diligence and structuring emission reduction purchase agreements

• Demonstrated a global network of relationships with key stakeholders across the carbon markets (project developers, brokers, inventory holders, exchanges etc.)

• An understanding of the VCM risks and risk management techniques

• Trading experience on carbon or commodities will be a plus

​

This is a great opportunity to work in a global role with an exciting new team and help build a business from scratch while leveraging the vast global network and backing of a leading bank. You will be involved in shaping the strategy and the direction the business takes while working closely with senior stakeholders internally across business and central teams.

​

If you have significant experience in origination in carbon markets, please apply on the link below or reach out to Bibin at bibin.emmanuel@acre.com to know more.