Originator - Renewable Energy Credit

New York City, NY, USA
Jul 13, 2018
Jul 27, 2018
Contract Type
Full Time
Job Type
Other job types

**Job title:**

Originator - Renewable Energy Credit


Integrated Supply & Trading

**Role synopsis:**

The REC Originator - Power Origination role will be responsible for identifying and executing commercial opportunities and general business matters that are required to capture new business in the renewable energy credit and environmental attribute market.

**Req ID:**



United States - New York - New York City

**Is this a part time position?:**


**Relocation available:**


**Travel required:**

Yes - up to 25%

**Key accountabilities:**

+ Identify opportunities that will add value to BP's renewable energy credit and environmental attribute portfolio, ("REC's") both purchases and sales.

+ Lead the development and delivery of transactions including the development and structuring of complex credit arrangements

+ Manage external relationships with selected third party companies including new project developers; investor, municipal and cooperative electric utilities; corporate entities involved with renewable energy products, and private equity firms,

+ Develop marketing strategies and tactics directed at securing REC transactions.

+ Manage internal deal approval requirements IST.

+ Develop a strong relationship with the trading benches and functions.

**Essential Education:**

Bachelor's degree in related field

**Desirable criteria and qualifications:**


**About BP:**

Our business is the exploration, production, refining, trading and distribution of energy. This is what we do, and we do it on a truly global scale. BP operates with business activities and customers in more than 80 countries across six continents. Every day, we serve millions of customers around the world. We are continually looking for talented, committed and ambitious people to help us shape the face of energy for the future.

Integrated Supply & Trading (IST) is BP's face to the traded markets for BP in oil, gas, power, chemicals and finance. IST's role is to enhance Group value through distinctive supply, commodity trading, risk management and information technology skills underpinned by a world class finance, control and compliance infrastructure. IST has a dynamic and highly skilled workforce, which creates value by combining analysis and commercial innovation with the material asset base of BP.

IST's North America Gas and Power (NAGP) business unit handles the supply and trading of natural gas and power in the North American energy market. Its business model is based on the growth of customer-facing businesses, underpinned by BP's supply position, web of interconnected assets, and world-class trading capabilities. The growth agenda is delivered through marketing and origination activities, as well as optimization and acquisition of strategic regional aggregator businesses.

IST fosters a diverse and inclusive workplace for all employees. We are proud of our stance on fairness, equal opportunity and meritocracy, which focuses on all of our employees reaching their full potential.

**Application close date:**



Sales, Trading & Supply

**Job category:**

Trading & Supply

**Countries (State/Region):**

United States - New York


If you are selected for a position in the United States, your employment will be contingent upon submission to and successful completion of a post-offer/pre-placement drug test (and alcohol screening/medical examination if required by the role) as well as pre-placement verification of the information and qualifications provided during the selection process. The drug screen requires a hair test for which BP must be able to obtain a sufficient hair sample for analysis (~4 cm/1 ½" scalp, or > 2 cm/¾" body - arms & armpits/legs/chest)

As part of our dedication to the diversity of our workforce, BP is committed to Equal Employment Opportunity. Applicants will receive consideration for employment without regard for race, color, gender, religion, national origin, disability, veteran status, military status, age, marital status, sexual orientation, gender identity, genetic information or any other protected group status. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, you may contact us or have one of your representatives contact us at BPUSApplicationAssis@bp.com or by telephone at 281.366.1999.

Read the Equal Employment Opportunity is the Law poster and the poster supplement - for more information about Equal Employment Opportunities. ( Spanish version )

BP is an equal employment opportunity and affirmative action employer. View our policy statement .

**Essential experience and job requirements:**

+ Proven track record transacting physical and financial complex REC transactions.

+ Five years of experience in the energy industry with at least three years developing REC and/or environmental attribute transactions.

+ Relationships with existing market participants in the REC space along with a proven track record of customer development.

+ Extensive knowledge of federal and state renewable legislation and regulation coupled with a desire to monitor legislative and regulatory activities and apply learnings to strategy development.

+ Proven commercial experience and negotiating skills.

+ Knowledge of energy derivatives and risk management systems.

+ Detailed knowledge of the energy trading industry.

+ Knowledge of energy trading and origination operations.

**Other Requirements (eg Travel, Location):**

There are no additional requirements. Please respond with N/A below.

**Eligibility Requirements:**

If you are applying for a position in the United States, you must be at least 18 years of age, legally authorized to work in the United States; and not require sponsorship for employment visa status (e.g., TN, H1B status), now or in the future.