Origination Associate, North America Compliance (Carbon & Fuels)
AI Summary
An Origination Associate develops and manages counterparty relationships and structures carbon allowance and clean fuel credit sales in US and Canadian compliance markets, collaborating with trading and regulatory teams.
About this role
Every day, we work together for what matters – bold, swift, and equitable climate action.
ABOUT THE ROLE
As a certified B Corporation our business is our mission. At 3Degrees, we connect people with renewable energy on a global scale, providing renewable energy and carbon offset solutions to Fortune 500 companies, utilities, universities, green building firms and other organizations that are all working towards making their services and operations more sustainable. As an Origination Associate you will join a committed and progressive team dedicated to shaping our strategy and driving wholesale value across North America
This opportunity is open to candidates based within a commutable distance of our office in New York, New York. This role reports to the CC&F Senior Portfolio Manager.
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
You will be responsible for developing and managing new and existing counterparty relationships whilst proposing and structuring carbon allowance and clean fuel credit sales in compliance markets in the US and Canada.
- Portfolio Collaboration: Collaborate regularly with Trading, Analysis, Contracts, Trade Operations, Regulatory, and other teams to achieve portfolio objectives and track evolving environmental policies
- Risk & Policy Adherence: Define and achieve commercial milestones while working directly under the execution authority of the Senior Portfolio Manager to ensure alignment with internal risk guidelines
- Market Analysis & Positioning: Conduct market sizing, research, and regulatory package analysis to identify new participants and tracking opportunities in developing compliance landscapes
- Relationship Sourcing: Actively research, target, and initiate contact with new market participants to expand 3Degrees’ counterparty footprint in compliance territories
- Trade Logistics & Shadowing: Partner closely with the Senior Portfolio Manager to shadow day-to-day trading activities and manage trade deliveries—including assigning long vs. short positions—to build a tangible understanding of buy-side and sell-side customer behaviors
Requirements
ABOUT YOU
You are naturally focused and ambitious, a self-starter ready to make an immediate impact while cooperating with, and supporting, the existing North America Trading and Origination team. You are someone with a network of industry contacts within the carbon allowance and renewable fuels industry as well as developers and other renewable project owners or managers. Additionally, you must have exceptional ethics and be committed to our company values to ensure deal success and long-term profitability. We believe an individual with the following skills, experience and subject matter expertise would be well suited to be successful in this role:
- Industry Foundation: 2-3 years of experience working within a company heavily involved in environmental commodity trading or origination. We highly welcome individuals coming from operational, settlements, trade support, or analytical backgrounds who want to transition into a commercial path
- Market Exposure: A strong foundational understanding of what Clean Fuel / Low Carbon Fuel Standard (LCFS) markets are, or familiarity with Cap-and-Trade frameworks (e.g., California, Western Climate Initiative, RGGI)
- Systems & Tools: Proficient in Microsoft Excel. Familiarity with, or exposure to, clean fuel registries/compliance databases (such as California's LRT or Canada's CATS) and trading platforms (ICE trading tools like IceChat/WebICE) is highly preferred. Basic comfort running data queries via SQL is a strong plus
- Sourcing & Growth Mindset: An eager "hunter" who thrives on initiating new counterparty relationships from scratch. You bring a 60/40 balance of aggressive market outbound execution paired with the strong commercial instincts and consultative communication style required to manage counterparty dynamics and successfully onboard complex compliance buyers
- Quantitative Aptitude: Basic quantitative skills—such as exposure to options pricing or basic programming languages—are an advantage but not a deal breaker
- Adaptability under Pressure: Ability to maintain composure, pivot quickly, and stay resilient amidst volatile, fast-moving market swings and regulatory shifts
- Communication & Teamwork: A collaborative team player who excels at building authentic, long-term relationships with internal colleagues and external counterparties alike
- Sense of Humor: Highly encouraged! Our team is close-knit and collegial; we use a healthy dose of humor to navigate the ups and downs of volatile markets while remaining deeply committed to supporting one another
HOW WE DEFINE SUCCESS
Within 30 days
- You will have developed a practical working knowledge of our in-house portfolio management tools (Artemis) and database systems
- You will map out the baseline fundamentals of our current origination and trading strategies
- You will establish cross-functional relationships with trade operations, back-office settlements, regulatory, and contract management teams to understand the mechanics of how we execute and deliver trades
Within 90 days
- You will confidently build, format, and organize highly targeted counterparty contact lists based on your independent market sizing and regulatory research
- You will actively shadow the Senior Portfolio Manager on open trade allocations, gaining a concrete sense of buyer and seller dynamics
- You will be comfortable managing basic, routine inquiries and logging market observations via platforms like IceChat
Within 6 months
- You will be fully integrated into the day-to-day trade lifecycle, independently coordinating commercial terms for straightforward spot transactions and back-to-back trades with minimal supervision
- You will maintain active communication with developing networks, tracking policy changes, and raising critical strategic questions to optimize our pipeline
Within 1 year
- You will maintain a robust, independently sourced pipeline of counterparties that actively contributes value to the Compliance Carbon and Fuels portfolio
- You will progress from standard spot trades toward assisting in the structuring of more complex transactions—such as multi-year hedges or arbitrage plays—demonstrating a strong mastery of compliance market rules and risk limits
- You will be fully aligned with East Coast market rhythms, utilizing scheduling flexibility to successfully manage major market events or legislative updates when high-volume situations arise
Benefits
COMPENSATION & BENEFITS
- Compensation: The starting base pay for this position is $80,000.00 - $108,000.00. The base pay is dependent upon many factors such as relevant work experience in an originator-related role, transferable or job-related skills, relevant training, business needs, and market demands. The total compensation package for a successful candidate in this role may exceed the base pay, as the position carries the possibility of discretionary compensation. The base salary range is subject to change and may be modified in the future
- Benefits: this position is eligible for a benefits package 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, disability, military or veteran status, sexual orientation, genetic information, or any other category protected by law.
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