Carbon Trader, AGL Energy – Melbourne

Published 07:58 on November 22, 2021  /  Last updated at 07:58 on November 22, 2021  /  Job Postings  /  No Comments

The newly created role is responsible for the development and implementation of sophisticated and high-value trading strategies aimed at maximising the value of AGL Australia's Domestic and International Carbon offset portfolios.

AGL is changing and with change comes great opportunity.

At AGL, we believe progress is powered by our people.

For more than 180 years, AGL Energy has been at the forefront of energy innovation in Australia. Now, we’re moving ahead with a new chapter as we look to create two new leading energy companies who will build on strengths of AGL today and play an equally important but different role in Australia’s energy transition.

With our eyes on the future, we’re investing in new ideas, partnerships and infrastructure – renewing and expanding our portfolio of sources and products to make them more sustainable, reliable and affordable for our customers.

As we evolve, we’re looking for people with diverse perspectives, backgrounds and talents to build their careers with us. By being part of our story, you will play an important role in helping Australia transition to a cleaner and more connected tomorrow.

About the Role

We currently have a fantastic opportunity for a Carbon Trader in AGL’s Environmental Trading team.

The newly created role is responsible for the development and implementation of sophisticated and high-value trading strategies aimed at maximising the value of AGL Australia’s Domestic and International Carbon offset portfolios. The role involves decision-making, analysis and supervision of the development of sophisticated models, dealing with risk, uncertainty and probability.

What you’ll be doing:

• Responsible for the development and implementation of short and long-term carbon trading and contracting strategies
• Understanding of Voluntary and Mandatory Carbon markets in Australia and Internationally
• Responsible for trading and managing risk in Voluntary and Mandatory Carbon markets in Australia and Internationally
• Understanding of Australian and International Voluntary Carbon Project methodologies, standards, risks, long term offtakes and project development
• Responsible for liaising with various internal stakeholders and representing the AGL trading team on all matters related to Carbon pricing and trading
• Responsible for ensuring AGL meets its Carbon trading related climate commitments
• Identify and execute trading opportunities and recognise key risks in the Carbon markets in order to optimise risk and returns
• Utilise trading expertise and knowledge to advocate for and maximise the value of AGL’s Carbon portfolios
• Delivery of critical and informed decision-making in high pressure situations
• Undertake all trading activities within risk management limits and approved delegations.
• Responsible for the maintenance of the Carbon Position report and utilising forecasts of Carbon Neutral product uptake for effective trading and risk management purposes
• Internal and external pricing of Carbon Neutral products and Carbon offsets
• Assist and co-ordinate Carbon Project assurance reviews with the Portfolio Analysts
• Review internal and external communications in regard to carbon offsets/projects/trading
• Draw conclusions from market analysis and communicate them effectively in order to explain past outcomes and make informed decisions
• Monitor and analyse Carbon market and technological developments and implications. Estimate current and future effects and risks and provide relevant advice to the Environmental Trading team and other internal stakeholders to support informed and effective decision-making
• Use judgement and an understanding of commercial requirements to translate problems from real world to mathematical models and back again, and effectively communicate outcomes
• Develop appropriate tools, around or integrated with trading systems, for enhancing the abilities, advantage and productivity of AGL, which will ultimately lead to value creation

About You

What you’ll bring to the table:

• Experience in Carbon trading, pricing, or analytically focused role
• Exposure to Australian & International Carbon trading environment
• Strong commercial background and understanding of the business and the markets in which it operates
• Knowledge of domestic and international carbon products or other commodity asset classes
• Proven ability and experience to make commercial decisions within an operational risk framework in a high pressure and ambiguous environment
• Strong attention to detail and problem-solving ability
• Highly developed written and oral communication skills
• Strong negotiation skills for dealings with market participants
• Highly developed analytical and conceptual skills
• Tertiary qualified, in a numerate or quantitative discipline such as mathematics, statistics, finance, physical science, engineering, economics or econometrics
• AFMA accreditation, or intention to work towards obtaining accreditation quickly

How to Apply

We’d love to see your application, submitted by this date: 2nd December 2021
Please note – unsolicited resumes from agencies will not be accepted by AGL.

Inclusion at AGL

At AGL, all employees are encouraged to be themselves and to bring their whole selves to work every day. We encourage applications from Aboriginal and/or Torres Strait Islander people, people living with disability, culturally and linguistically diverse people and people of the LGBTQ+ community, including transgender, gender diverse, and intersex people.
AGL has a commitment to maintain a diverse workforce, and welcomes the opportunity for applicants to share their lived experiences. We also recognise that some applicants may not wish to disclose, and we respect their decision. To learn more about reasonable adjustments that can be offered throughout the recruitment process, please visit: [link removed]

Click here to apply.