Emissions Trader

Karbone; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

Karbone Inc. seeks an Emissions Trader to own and build out its emissions book across North American markets.

The role emphasizes managing market exposure, developing trading strategies, and taking opportunistic positions in spot, futures, and options while applying disciplined risk management. The ideal candidate has 3–7+ years of emissions trading experience, a strong quantitative background, and a bachelor’s degree in Economics, Finance, Engineering, Mathematics, or a related field.

Qualifications

• 3–7+ years of experience trading emissions with direct P&L responsibility.
• Deep knowledge of North American compliance carbon markets and auction mechanics.
• Bachelor's degree in Economics, Finance, Engineering, Mathematics, or related field.
• Strong quantitative and analytical skills; proficiency in Excel; Python a plus.

Responsibilities

• Build and manage a portfolio of emissions positions across North American markets.
• Trade across spot, futures, and options; participate in auctions and develop bidding strategies.
• Monitor regulatory developments, market dynamics, and risk exposures.
• Develop and communicate trade ideas and market views internally.
• Maintain relationships with counterparties and market participants.
• Oversee position management, mark-to-market, and risk reporting.

Skills

Emissions trading

P&L ownership

Financial modeling

Excel

Python

Education

Bachelor's degree in Economics, Finance, Engineering, Mathematics, or related field

Tools

Bloomberg

SQL

Job description

Karbone Inc. is an award-winning liquidity services provider for energy transition and environmental commodity markets. Since 2008, we have offered integrated and innovative revenue hedging, risk management, and market advisory solutions to a global suite of clients across energy markets. Our teams are proudly ranked first amongst their peers and are all dedicated toward our core mission of providing our clients and partners with the insight, execution, and liquidity solutions they need to succeed in the new energy transition.

About the Position

Karbone is seeking an Emissions Trader to own and build out its emissions book. The role is responsible for managing market exposure, developing trading strategy, and taking opportunistic, short and medium-term positions across North American emissions markets. The position plays a central role in establishing and expanding Karbone’s emissions business, translating market views into actionable positions while maintaining disciplined risk management.

Key Responsibilities

• Build and manage a portfolio of allowances, offsets, and other emissions positions across compliance programs, including RGGI, California and Québec (CCA / WCI), Washington (WCA), and CSAPR
• Facilitate customer inquiries and flow transactions, collaborate across existing REC, Power, Capacity, and Fuels Desks to offer structured solutions to market participants
• Trade across spot, futures, and options, on exchange and OTC, participate in periodic auctions and develop bidding strategies
• Monitor market fundamentals, including regulatory and policy developments, allowance supply and demand, compliance deadlines, and power sector dynamics
• Develop and communicate trade ideas and market views internally
• Build and maintain relationships with counterparties, compliance entities, and market participants
• Oversee position management, mark-to-market, and risk reporting for the emissions book
• Operate within defined risk limits and work with the team on scaling the book over time

Qualifications

• 3-7+ years of experience trading emissions, with direct P&L responsibility
• Bachelor’s degree in Economics, Finance, Engineering, Mathematics, or related field
• Deep knowledge of North American compliance carbon markets, program design, and auction mechanics
• Track record of building or growing a book, and comfort operating with a high degree of ownership
• Strong quantitative and analytical skills; proficiency in Excel required, Python a plus