Risk Management Specialist

Position Title:
Risk Management Specialist / Risk Manager

Location and Working Type:
Denver CO, Houston TX, Hybrid (3+ days/week in office)

Job Type: Full Time

Travel Requirement:
Approximately 30-40% within North America

Position Type:
New

Join the Future of Reliable Energy!

Are you ready to shape the future grid? Hydrostor, a leading energy storage, technology and infrastructure company dedicated to developing utility-scale, long-duration energy storage solutions, is seeking a Risk Management Specialist / Risk Manager to join our team in Denver CO or Houston TX. We’re supporting the development of a more resilient electricity grid and invite you to be at the forefront of this work!

Our cutting-edge A-CAES technology is uniquely poised to revolutionize the energy landscape. Join us as we lead the way in shaping a reliable and secure energy future.

As a Risk Management Specialist / Manager you will provide leadership on the implementation and execution of the risk management and governance processes on the Willow Rock Energy Storage Center (WRESC) Project.

This position plans, organizes, directs, performs, reviews and presents risk information and conducts audits to ensure compliance with project procedures for all service-related contractors for the project, including but not limited to subsurface, transmission line, surface facilities, reservoir, and other project development scopes of work.

This role works closely with our EPCM risk management team to ensure effective utilization of all EPCM capabilities. These activities support the achievement of project technical and commercial objectives in line with internal and external requirements, ensuring consistency with Silver City and other major capital investments at Hydrostor.

• Understand key business objectives and drivers of the WRESC Project;
• Work as a member of the project controls team, proactively advising internal and external stakeholders of risk and improvement opportunities for review and action;
• Assist Execution Directors and Functional Leaders (e.g. VP – Engineering, Director – Contracting & Procurement, etc.) in identifying which process and controls the project needs to implement in order to be successfully executed and comply with statutory as well as project requirements;
• Promote and enable the ongoing development of a governance & risk culture;
• Effectively communicate status and provide risk reporting to senior management and other key stakeholders;
• Develop and implement the Project Risk Management Plan as well as Risk Governance, including the risk register and assurance processes. Coordinate with Hydrostor’s Finance & Accounting organization for periodic audits as may be required by internal and external requirements;
• Facilitate risk workshops to assess changes and identify activities, which would provide reasonable assurance that the project risks are identified, measured and managed, including validation of any assumptions and interpretations. Help think about recommendations and develop risk mitigation plans;
• Maintain a current and detailed knowledge of the project scope and execution progress to proactively identify risks and opportunities;
• Communicate with internal and external stakeholders to ensure they are aware of potential changes and their implications for strategy and operations;
• Develop and report the risk dashboard for senior management;
• Leverage conceptual, analytical and problem‑solving skills to proactively assist the SVP – Project Execution and the WRSLT with the safe and successful implementation of the project ensuring active identification and management of key risks.

As the Risk Management Specialist / Manager, you will lead the development, implementation, and continuous improvement of project risk management processes across the Willow Rock Energy Storage Center (WRESC) Project.

Working for Hydrostor, you will partner closely with Project Directors, Engineering, Construction, Commercial, Project Controls, HSE and Executive Leadership to proactively identify, assess, mitigate and monitor strategic and project delivery risks throughout the project lifecycle.

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