Risk and Manager

Risk and Opportunity Manager

We are a mission-driven company dedicated to providing sustainable, affordable fusion power to the world. Established in 2019 and venture‑backed in 2023, Type One Energy is led by globally recognized fusion scientists and business leaders.

Location: Knoxville, TN
Salary: Highly Competitive Plus Benefits
Contract: Permanent, full time

The Risk & Opportunity Manager serves as a key organizational leader responsible for defining, implementing, and maturing the enterprise‑wide and program‑level risk and opportunity management framework for Type One Energy. Operating within the Program Management Office (PMO), this individual architect and manages the processes, systems, and governance structures that enable the company to identify, assess, quantify, prioritize, track, and mitigate risks across all major programs—including Fusion Direct, Infinity1, and Infinity
2.

• Develop, implement, and maintain Type One Energy’s integrated risk and opportunity management process, aligned with industry best practices (DOE O 413.3B, ISO 31000).
• Establish standardized tools, templates, taxonomies, and reporting mechanisms for program and enterprise risk.
• Oversee the risk workflow: identification, analysis, quantification, prioritization, mitigation planning, and closure.
• Facilitate working sessions with engineering, procurement, manufacturing, and operations teams to identify technical, schedule, cost, and integration risks.
• Develop risk registers for major programs, ensuring clear traceability to program baselines and milestones.
• Support Earned Value Management (EVM) performance analysis by correlating risk exposure with cost/schedule performance.
• Conduct periodic risk reviews, readiness assessments, and risk health checks with program leadership.
• Lead the development and execution of quantitative risk analyses (QRA) including Monte‑Carlo simulations for schedule and cost impacts.
• Integrate QRA results into baseline development, Estimate at Completion (EAC) models, and decision‑making processes.
• Provide data‑backed recommendations to inform mitigation strategies and management reserves.
• Establish a structured opportunity management process to identify potential improvements in cost, schedule, performance, or design.
• Work with engineering and operations leadership to evaluate opportunity feasibility, value, and implementation paths.
• Track opportunity benefit realization and incorporate outcomes into program plans and performance reporting.
• Produce clear, executive‑level dashboards and reports summarizing risk exposure, trends, and mitigation status.
• Present risk posture and key insights to executive leadership, PMO leadership, and program steering committees.
• Ensure consistent communication of risk impacts across cross‑functional stakeholders.
• Maintain risk governance processes aligned with contract, regulatory, and quality requirements.
• Support major phase gate reviews, baseline reviews, and independent project assessments.
• Drive continuous improvement of risk and opportunity management processes, tools, and cultural adoption across the company.

• Bachelor’s degree in engineering, physics, business, finance, or related field.
• 5–10+ years of experience in risk management within complex engineering, R&D, aerospace, defense, or energy environments.
• Demonstrated experience developing and managing risk registers, QRAs, and mitigation planning.
• Strong understanding of project management, EVM, baselining, and systems engineering concepts.
• Excellent communication, facilitation, and stakeholder management skills.
• Strong analytical skills with proficiency in risk analysis tools (e.g., @RISK, Primavera Risk Analysis, Safran Risk).

• Experience in fusion energy, nuclear, or advanced energy systems.
• Experience supporting PMO maturity efforts or process development.
• Familiarity with DOE project management structures and risk requirements.
• Certification in risk management (RMP, PMI‑RMP) or project management (PMP).

• Stock and share options 📈
• Relocation allowance 💰
• Insurance plans 🩺
• 401k retirement options 💸
• And many more great voluntary benefits 👀