Associate/Sr. Associate,Sector Decarbonization-Climate-Aligned Finance
Do you love to solve challenging problems, thinking in numbers, and working in groups? Do you also have the self-motivation, curiosity, creativity, and ability to persuade others toward meaningful results for industrial decarbonization? If yes, then join our growing team!
RMI is seeking several qualified candidates to join its growing team as an Associate or Senior Associate at the Center for Climate-Aligned Finance.
Expectations about the role of private financial institutions in shaping a sustainable planet have evolved rapidly and have now converged on the notion of climate alignment. Climate alignment is the process of bringing the global economy’s greenhouse gas emissions in line with 1.5°C temperature targets. This means addressing emissions from the production and purchase of goods and services—what is often called the “real economy.” For private financial institutions, climate alignment means actively using levers of influence with the intent of helping move the real economy toward net-zero emissions.
While climate alignment is a powerful theory that could provide a definitive approach for the financial sector to drive long-term decarbonization, implementation poses daunting challenges. RMI’s Center for Climate-Aligned Finance was established as an “engine room” to help private financial institutions partner with their clients, industry leaders, and key buyers to develop practical and scalable solutions to the barriers to climate alignment. The Center’s work is fast paced but is balanced by a supportive and friendly team culture.
The Center works with financial institutions to help decarbonize high-emitting sectors in the real economy by addressing common barriers to sectoral decarbonization, such as:
- Conflicting sectoral decarbonization pathways
- Insufficient data
- Confusing climate performance methodologies
- First-mover disadvantage
- Inadequate supply of investable low-carbon assets
Working directly with financial institutions and their clients, suppliers, and regulators, the Center helps to create climate-aligned finance agreements that establish common sectoral decarbonization roadmaps and assessment methodologies.
As a Supporting Partner of the Mission Possible Partnership (MPP), the Center is leading finance work within net-zero sector platforms for: Steel, Aluminum, Aviation, Cement & Concrete, Chemicals, and Trucking. The Center is also leading work on other sectors such as Oil and Gas and Utilities.
As an RMI Associate or Senior Associate, you are a creative problem solver who uses your quantitative and analytical abilities to conduct compelling research and assessment of these industrial sectors for a net-zero transition. Your role in the team will be to provide analytical insight for these sectors and be the interface between the technical industry elements and other stakeholders (Finance, NGOs, etc.). You will have knowledge of the process, cost, and emissions from key industrial processes at a high level. Further, familiarity with emissions reporting frameworks and climate issues (sustainability considerations) is favored.
In the day-to-day, this will take the form of deep research into industrial processes, evaluating net-zero transition pathways for the sector, understanding the economic and emissions incentives in relation to accounting methodology, as well as supporting the team prepare for conversations/facilitation with stakeholders. You will also collaborate with other industrial initiatives within RMI, such as Mission Possible Partnership and Climate Intelligence.
Your key job responsibilities as an Associate primarily include:
- Provide quantitative analysis and modeling of industrial sector processes.
- Locate and manage high quality data that sheds new light on problems and solutions.
- Understand and explain implications of complex energy-system and climate modeling used by financial institutions (e.g., the International Energy Agency’s Net Zero by 2050 Scenario).
- Synthesize recommendations into clear and compelling presentations and written reports.
- Present qualitative and quantitative information in various formats for audiences with varied levels of technical expertise.
- Engage with external experts (both technical and non-technical) via interviews, conferences, etc.
Your key responsibilities as a Senior Associate include the above, and:
- Structure and guide the work of more junior team members.
- Design, create, and adapt approaches and quantitative models (technoeconomic) to effectively address key questions and challenges posed by our research goals and clients.
- Contribute publicly at conferences, share expertise in response to media requests, discuss our work with clients and donors, and direct RMI research collaborations.
- Undergraduate degree in an applicable field such as engineering (chemical, mechanical, energy), economics, mathematics and 2-4 years of cumulative work experience.
- Ability to design, create, and run Excel-based models.
- Understanding of basic financial analysis and metrics (e.g., NPV, cash flows).
- Experience with industrial processes of one or more sectors, preferably—though not required—in metals and mining and/or oil and gas.
- Familiarity with energy and climate science.
- A graduate degree in an applicable field such as engineering (chemical, mechanical, energy), economics, mathematics.
- Prior experience in sector analysis from consulting, industry (on-site), or other related fields.
- Familiarity with the basics of carbon accounting and development of emissions metrics
- Ability to conduct detail-oriented work examining complex flows of information.
- Ability to stick with a problem through resolution but also knowing when to ask for help.
- Willingness to plunge into unfamiliar disciplines and take risks by exploring and testing new ideas.
- Experience working among diverse groups with varying perspectives and/or facilitating challenging conversations.
These positions will remain remote through the COVID-19 pandemic. Once the COVID-19 situation improves, it is expected that these roles be located at one of our offices in New York City, Washington D.C., Basalt, or Boulder. London will also be considered. This will be discussed further throughout the interview process.
The starting Associate level salary is $76,000 - $82,000, and the starting Senior Associate salary range is $86,000 - $93,000. Both roles have an additional 5% bonus target. Salary is dependent on experience that will be discussed and vetted through the interview process.
We offer a comprehensive benefits package including:
- Medical, dental, vision insurance
- 403b retirement options (5% match immediately)
- Life, AD&D, short-term and long-term disability
- Professional and personal development (including LinkedIn Learning access)
- Generous paid time off
- Parental leave
- Commuter and wellness benefits
- Casual work environment
Increasing the diversity of thought, perspectives, ideas and opinions within RMI is a critical change element supporting our long-term sustainability and mission to build a clean, prosperous, and secure energy future.
We strive for a level of diversity that reflects the communities we serve. Achieving this—regardless of ability, race, ethnicity, ancestry, age, gender, sexual orientation, religion, veteran status, socioeconomic class, educational attainment or other social identities—is critical to the success of each RMI staff and collectively as an organization. This ensures that we:
- Have the different array of thinking that comes from diverse backgrounds and cultures, enabling us to solve some of the world’s greatest challenges.
- Strive for a culture of inclusion and belonging by treating others with dignity, respect and appreciation enabling them to feel welcomed, supported and valued.
- Effectively connect, communicate and build long-lasting relationships with decision makers, stakeholders and constituents within diverse communities.
RMI is an independent nonprofit founded in 1982 that transforms global energy systems through market-driven solutions to align with a 1.5°C future and secure a clean, prosperous, zero-carbon future for all. We work in the world’s most critical geographies and engage businesses, policymakers, communities, and NGOs to identify and scale energy system interventions that will cut greenhouse gas emissions at least 50 percent by 2030. RMI has offices in Basalt and Boulder, Colorado; New York City; Oakland, California; Washington, D.C.; and Beijing.