Vice President, Methane Emissions Credit Development

BMO

Application Deadline:

10/23/2024

Address:
401 9th Avenue SW, Suite 1930

Job Family Group:

Capital Mrkts Sales & Service

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. #bmocapitalmarkets

MANDATE

The Vice President (VP), Methane is responsible for managing a suite of project types that reduce methane emissions on the Credit Development Services (CDS) team.

The CDS team functions to generate emission offsets for clients in multiple greenhouse gas programs and multiple jurisdictions. The CDS primarily serves the oil and gas industry and agriculture. The quality of work, related directly to the quality of the offset credits generated, is at the core of the CDS team culture, and direct knowledge of the regulations and registration documentation that govern the creation of offsets is a critical component of this role, and of the team.

The VP, Methane will report to the Director of the methane emissions reduction portfolio within the CDS team.

KEY ACCOUNTABILITIES

Work across multiple teams to manage a suite of project types within the methane portfolio. The VP will be directly involved in strategic planning for future work and investigation or new project types. As required, the role will include managing or working on pilot projects, to evaluate new carbon offset projects for the organization.

The VP will work directly with teams that quantify and verify carbon offset projects, supporting the calculations and process. This role involves managing schedules, processes and improvements for auditing of offset projects, as well as supporting resolving audit findings and technical analyses of internal and external data.

The VP will need to understand the emissions offset protocols/methodologies and regulatory framework at a high level of detail, in support of the quantification of existing projects, as well as anticipating future needs for the team. This includes an understanding of the broader regulations related to carbon, energy and methane emissions within multiple jurisdictions, in order to contribute to strategic planning for the CDS team.

The VP is responsible for documenting any decisions regarding the development of project types, in a clear and consistent manner that can be used across the organization, currently or in the future. The suite of projects and any activities that occur within them must be monitored consistently for strict adherence to any regulations, financial laws or compliance needs of the organization, as a financial institution.

The role will include emission offset quantification and creating the documentation required for emission offset registries, supported by CDS teams. The VP must recognize when incorrect or incomplete information represents a risk, and escalate any activity contributing to that risk, immediately. This role includes managing activities and communication across multiple teams, including other CDS portfolios, sales, marketing, leadership, commodities trading, credit delivery and the CDS quantification team.

The role of VP Methane also includes careful monitoring of regulations that impact offset development, and contribution to commenting or conversations regarding the development of new regulations.

AUTHORITIES:

The VP, Methane will have the following authorities:

  • Ability to challenge others about any action in an appropriate and balanced manner. They should also be able to follow-up on any concern, question or issue that may arise
  • Direct access to all operational information, which includes access to all documents the Vice President believes are relevant for effective execution of project development work within the Portfolio and CDS Team
  • Attend and organize meetings that are relevant for an effective execution of the program
  • Direct access to CDS managers and leads, as needed
  • Access to trading information, as needed
  • Ability to take responsibility for an individual client or issue, in the case of an emergent situation

CROSS-FUNCTIONAL RELATIONSHIPS:

  • The VP Methane will work closely with the Client Success Team, which functions to quantify emissions offsets and deliver on credits, supported by the Methane portfolio team
  • The VP will work with team members to strategically manage the transfer of generated credits to clients and between registry accounts
  • The VP may work on consulting projects, related to BMO Radicle’s Sustainability Advisory Team
  • The VP will provide operational teams with information and support to develop, enhance and maintain tools (including software tools) that are used to quantify emissions
  • The VP will work closely with internal sales and marketing professionals; this may include occasional attendance at conferences/events, or the contribution of technical materials for those conference or events

KNOWLEDGE, SKILLS & REQUIREMENTS:

  • Bachelor’s Degree or Engineering Degree (chemical/mechanical engineering, petroleum engineering/diploma, environmental sciences/engineering, instrumentation, environmental chemistry)
  • Previous experience in greenhouse gas quantification
  • Understanding of methane emissions from upstream oil and gas, including equipment-specific knowledge (pneumatic systems, tank venting, gas recovery)
  • Knowledge of methane emissions abatement systems, such as LDAR, vent capture, gas conservation, VRUs, instrument air systems and electrification projects
  • Knowledge of emission offset market functionality
  • Experience communicating directly with government or greenhouse gas program registries
  • Experience authoring greenhouse gas reports (annual reporting, internal reporting, offset reporting)
  • Ability to work in dynamic environments with competing priorities
  • Strong collaborative skills, enabling communication and information collection across many groups
  • Demonstrated technical writing skills and the ability to communicate effectively verbally, in writing and with presentation material
  • Ability to deal with sensitive issues with tact and discretion
  • Excellent judgment and interpersonal skills, who can consult, influence, collaborate, and appropriately escalate issues

Location:

Required Location: Calgary, Vancouver, Toronto

Salary:

$120,000 CAD

Salary :

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

We’re here to help

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en .

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.