Climate Change Capital Ltd. ("CCC") is an investment manager and advisor specialising in the opportunities created by the transition to the low carbon economy. Its activities aim to make the world's environment cleaner while delivering attractive financial returns. CCC has two distinct but complementary business groups
- Asset Management: Develops and manages funds that invest in companies, projects and technologies that provide products or services facilitating climate change mitigation or adaptation. As of December 31st 2009 CCC had over US$1. 5 billion of assets under management across the following alternative asset classes: Carbon Finance, Private Equity, Property and Energy Infrastructure.
- Advisory: Provides financial, strategic and policy advice to energy-intensive industries, financial institutions, clean technology companies and governments.
CCC has advised and raised capital for numerous low carbon projects. These include financing renewable energy installations in the United Kingdom; destroying industrial gases in India and China; advice on the acquisition and divestiture strategy for Private Equity funds and carbon intensive industry in Europe; and waste to energy projects in China and Hungary.
Through the combined talents of investment professionals, market specialists, and thought leaders we reconcile economic gain with environmental benefits without compromising implementation, discipline, client focus or accountability. We call this Creating Wealth Worth Having®.
CCC's Fund Operations team manages all aspects of investor relations, operations, deal reporting, treasury management, fund governance, tax and credit, operational and post-deal risk management for its carbon finance business.
Role and responsibilities
We are looking for someone who is an accountable and responsible self-starter who takes a pride in their work and can be relied upon for accurate output and seeing tasks through to completion. The candidate will be required to manage and prioritise their time effectively and part-supervise the team analyst.
Hedge portfolio responsibilities:
- Liaising with trading counterparties and customers concerning all post-trade execution issues (collateral management, settlements, position reconciliation, option expiry dates and physical deliveries);
- Maintaining the hedge portfolio model and the position & valuation reporting and working with the portfolio management desk to provide up-to-date information upon request;
- Maintaining the deal information and valuation in the futures position management platform.
Project responsibilities:
- Maintaining up-to-date information on a number of project-based carbon emissions deals (including project costs, key transaction events, expected deliveries and economic analysis);
- Liaising and supporting carbon project deal managers in deal-related work & queries;
- Liaising with the UN Secretariat in carbon emissions project-related matters (including coordinating carbon deliveries & formal communication updates).
Accounting responsibilities:
- Preparing monthly fund accounts, hedge portfolio report and other reports which form a key part of the monthly investment manager's report to investors;
- Preparing quarterly project cost reports to investors, liaising with the group finance function concerning cost recharges;
- Coordinating with fund administrators on monthly account preparation, auditors to complete annual audit and other third party service providers on an ad-hoc basis.
Treasury responsibilities:
- Monitoring cash balance at fund level and performing treasury scenario analysis on a regular basis (especially during periods of market volatility);
- Preparing and distributing drawdown and distribution notices to investors.
Other responsibilities:
- Setting up payment instructions, providing cover for execution of money market and foreign exchange transactions;
- Designing & enhancing reports to automate reporting processes.
Relevant qualifications and skills
Qualifications:
- Qualified accountant with at least 2 years PQE in a financial institution;
- Advanced ability with Excel.
Skills:
- Strong communication skills;
- Successful teamwork;
- Commercial acumen and strong intellect;
- Strong analytical skills and motivation to learn and develop in their role.
Please note that CCC will only accept direct applications for this role. Intermediaries (including agencies and headhunters) should be aware that CCC will not pay any fee for introductions.
