Portfolio Manager, Biomethane, Europe

At 3Degrees, we are driving sustainable change in the renewable energy sector, and we're seeking a seasoned professional to join our Environmental Markets division focused on the origination of biomethane GOs (Guarantees of Origin). As a Portfolio Manager, you will contribute to a committed and progressive team dedicated to shaping our strategy and driving wholesale growth across Europe.

• Commercial:
  • Lead the origination of biomethane GO purchases and sales, propose new trading strategies, and respond to RFPs (Request For Proposals) to achieve portfolio objectives.
  • Manage risk exposure through diversification, hedging strategies, and adherence to risk policies.
  • Identify and execute on new portfolio opportunities and trading strategies, including hedges, derivatives, fundamental and technical trading, arbitrage, and others, while ensuring adherence to our own risk policy.
  • Support our Commercial sales and consulting teams, originating supply in preparation for, or in response to, Commercial customer procurement.
• Pricing & Portfolio Management:
  • Lead the development and implementation of portfolio management processes for biomethane GOs.
  • Ensure the accuracy of portfolio positions and the accuracy of our market pricing and mark-to-market valuations.
  • Contribute to portfolio management, including position tracking, risk identification, deliveries, receipts, and audits.
  • Identify, assess, and mitigate portfolio risks. Implement robust risk management frameworks and controls.
• Identify Trading Opportunities:
  • Collect and share with the team data and insight on market fundamentals, relative liquidity, forward outlook, regulatory events, impact of legislation on markets, the preferences and drivers leading to buyer and seller decisions.
  • Collaborate with analysts to develop market models which help identify trading strategies, fostering a collective environment for market analysis.

You are a seasoned portfolio management professional with a deep understanding and proven track record focused on the origination of biomethane GOs (Guarantees of Origin). You have a keen ability to analyze supply and demand dynamics, allowing you to identify and capitalize on market opportunities. A curious and analytical mindset drives your passion for consuming market data and executing deals while effectively managing risk.

You thrive in fast-paced environments and are eager to contribute your expertise to a growing organization. With a strong foundation in portfolio management and a desire to expand your knowledge, you are a strategic thinker and effective leader, capable of delivering exceptional performance and bring the following:

• Seasoned commercial lead with a proven track record of identifying and negotiating wholesale purchases and sales.
• Deep knowledge of renewable gas technologies, feedstocks, and certification criteria in relation to different sustainability reporting standards as well as related EU policies.
• Strategic thinker/planner who will collaborate with the team on developing a multi-year plan for growing our business.
• 5+ years of experience building and managing an environmental commodity portfolio, including identifying, monitoring, and managing risk.
• Excellent verbal and written communication skills, with fluency in English. High proficiency in additional European language(s) will be regarded as a benefit.
• Ability to work in a fast-paced environment, pivot quickly, and manage multiple projects simultaneously, while maintaining composure under pressure.
• Collaborative and positive team player with the ability to work independently.
• Creative thinker, proactive, highly resourceful, and comfortable working in an unstructured, entrepreneurial environment.
• Sense of humor (highly encouraged, though not required).

Within 30 days, you will have developed a practical understanding of our in-house portfolio management tool and will be capable of navigating the system to find purchase and sales orders. You will be able to operate internal tools, especially our proprietary trading platform, at a basic level, confidently adding and managing contact lists. You will have gained the fundamentals of our basic origination and trading strategies and how we act in the European biomethane market. You will have started to work cross-functionally across 3Degrees, engaging and establishing relationships with trade operations (back-office), contract management, market analysis, and business partnerships, and understand how we execute trading strategies.

Within 90 days, you will be working with minimum supervision, actively managing commercial relationships while closing trades. You will be actively engaging with, and growing, your own network and building your customer portfolio, using the CRM (Customer Relationship Management) tool to track and record your progress. You will have developed a more advanced understanding of the portfolio management tool allowing for the preparation of customer deliveries and procurement.

Within 6 months, you will have gained a robust understanding of the overall business layers to enable your own contribution and input into internal process improvements to help streamline the international business. You will be independently implementing your own origination and procurement strategies and clearly demonstrating your ability to generate substantial value for the European portfolio.

Within 1 Year, you will have established yourself as a leader in the European biomethane market, recognized for your expertise in portfolio management and origination strategies. You will have grown the biomethane GO portfolio significantly, exceeding set targets and contributing substantially to the company's revenue and sustainability goals. You will have implemented innovative portfolio management practices that optimize risk and return, setting a benchmark for future biomethane portfolio development. You will have fostered a strong and collaborative team, effectively leading and mentoring junior colleagues to ensure long-term success of the biomethane GO business.

We offer a competitive salary package in line with the candidates' experience, qualifications, and industry standards, ensuring that your hard work and contributions are duly recognized and rewarded. Our global company offers a range of benefits that may vary depending on your country of residence. We offer all benefits required or customary in your country, as well as additional benefits including: flexible paid time off, a yearly wellness stipend, and learning and development stipend. This role may be eligible for reimbursements such as broadband and mobile phone expenses. We have a company profit-sharing scheme, along with other localized benefits tailored to your specific country.

This position may be eligible to participate in discretionary bonus programs based on portfolio performance. (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)

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, disability, military or veteran status, sexual orientation, genetic information, or any other category protected by law.