R0001474 Risk Manager (Open)We’re Nadara. We work harmoniously with the power of nature and the communities around us to power lifetimes to come. We call our approach ‘living energy’.We don’t just produce renewable energy, we live it – recognising our relationship with the people touched by our business and supporting social, educational, cultural, and environmental initiatives that contribute to the development of the communities we work alongside.Discover more about our business here: <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fnadara.com%2Fabout%2F&amp;data=05%7C02%7Crita.mallozzi%40external.renantis.com%7C0358ac6cb0134d316d9f08dca03051b3%7C38b40df8b1744f1abaf8e2f57646f856%7C0%7C0%7C638561376602575965%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=R128FRYNL3FP08DBHxNorkOEOXDpwZD2bslYohLfI14%3D&amp;reserved=0">https://nadara.com/about/</a>Nadara is an innovative place to work. We work in a stimulating and challenging environment, where every day we explore the unknown with curiosity, make decisions with quality and take action and deliver with courage. For us diversity is a real value, and we encourage in connecting different perspectives with respect.Discover more about our culture and approach here: <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fnadara.com%2Fliving-the-company%2F&amp;data=05%7C02%7Crita.mallozzi%40external.renantis.com%7C0358ac6cb0134d316d9f08dca03051b3%7C38b40df8b1744f1abaf8e2f57646f856%7C0%7C0%7C638561376602589148%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=ZqmeSu1E%2BjQTP2S7avQFH4X22uk7WEkh5PTw%2FoPouBI%3D&amp;reserved=0">https://nadara.com/living-the-company/</a><h2>Job Description Summary:</h2>The Group is seeking a Risk Manager (Project Risk &amp; Energy Risk) with at least 5 years of experience in a similar role within Utilities, IPPs, or Trading Companies. The role is responsible for managing, in an integrated way, risks related to both renewable project delivery and energy markets. The successful candidate will join the Risk Management Team, reporting directly to the Head of Risk &amp; Insurance Management. Working closely with the Growth and Energy Markets teams, the Risk Manager will support the execution of risk control procedures and deliver ad hoc risk analyses to support decision-making across Energy Management processes (Dispatching, Trading and Hedging activities, PPA and Counterparty analysis). This role will also contribute to investment risk analysis for new projects developed by the Growth function, supporting Project Managers in assessing overall project feasibility.<h2>Job Description:</h2>Responsibilities and Duties<ul><li>Contribute to investment and project risk assessments for new business initiatives (M&amp;A, project development and execution), evaluating the risk profile and recommending mitigation measures.</li><li>Support Project Managers in maintaining project risk registers, performing quantitative risk analyses (e.g., Monte Carlo simulations where applicable), and producing risk reports to support decision-making.</li><li>Participate in the risk assessment of project feasibility, identifying key risk drivers (e.g., permitting, grid connection, schedule, CAPEX, contractor capacity, resource assumptions, contractual allocation) and supporting mitigation planning.</li><li>Work closely with the Energy Management team to develop and maintain risk metrics and ensure effective risk monitoring and reporting (daily and monthly), in line with internal policies and limits (VaR, PaR, P&amp;L, MtM, stop-loss levels, secured/unsecured portfolio ratios).</li><li>Conduct independent analyses of trading and hedging strategies, highlighting the key risk factors underlying portfolio management activities, consistent with outputs from risk tools and market data.</li><li>Support PPA and counterparty risk analysis, including risk allocation review and exposure monitoring.</li><li>Ensure the accuracy and reliability of risk systems and data flows, overseeing key tools such as ETRM, Power BI sales portfolio tools, and relevant industrial/project risk tools.</li></ul>Key Job Requirements<ul><li>Solid experience in risk management practices and European energy markets (power, gas, PPAs), including forward curves and forecasting concepts.</li><li>Understanding project management principles and renewable project lifecycles.</li><li>Knowledge of key risk metrics and methods (VaR, PaR, exposure, Monte Carlo simulations) and portfolio risk analysis.</li><li>Ability to perform root cause analysis, identify trends, and recommend remediation actions.</li><li>Ability to work independently and effectively in a complex, international environment, engaging with multiple stakeholders.</li><li>Strong organizational skills, with the ability to manage multiple priorities and deadlines.</li></ul>Qualifications and Skills<ul><li>Minimum 5 years’ experience in energy risk management and market/portfolio analysis within an energy company (Utility, IPP, or Trading).</li><li>University degree in Economics, Engineering, Mathematics, or other STEM disciplines.</li><li>Knowledge of ETRM software, Power BI, and database systems.</li><li>Good coding skills (Python; VBA and SQL are a plus) and strong analytical capabilities.</li><li>Post-graduate education or specialized training in energy trading, risk management, or project risk is a plus.</li><li>Fluent in English is a must.</li></ul>Pay and benefitsAt Nadara, we’re committed to creating an environment where our people feel valued, supported and empowered to grow.Our rewards package reflects that commitment, including flexible ways of working, continuous learning and development opportunities, and initiatives focused on physical, mental and emotional wellbeing.We recognise effort and dedication, and we make sure it’s matched with fair pay and meaningful benefits - join us and be part of an international renewable energy company that invests in both your personal and professional growth.Equality and equityNadara is proud to be an Equal Opportunity Employer, deeply committed to Diversity, Equity and Inclusion (DEI). We believe that a truly sustainable future is built by diverse minds and voices, and we want everyone to feel they belong and can thrive.Our hiring decisions are based solely on merit, skills, and potential, and pay is determined fairly - considering each individual’s experience, qualifications and contribution.Together, we’re building an inclusive culture where everyone has the chance to make an impact, because when people thrive - so does our planet.What we expect from youWe’re looking for people who share our passion for making a difference: curious minds that are eager to learn, grow and take ownership.If you bring initiative, commitment and a collaborative mindset, we’ll give you the space and support to flourish.Location:Milano - MartesanaTime Type:Full timeWorker Subtype:Regular

We&rsquo;re Nadara, one of Europe&rsquo;s largest independent power producers.
We own and operate more than 200 renewable energy sites across Europe and the US, producing electricity from wind, solar, waste-to-energy, and biomass.
Every day, we harness the power of nature for good. The most obvious way is by generating dependable renewable energy, but this is just the beginning. We strive to make a deeper impact, seizing the opportunity to live renewable energy in the decisions we make and actions we take, both big and small.
We call our approach &lsquo;living energy&rsquo;. It sees us connecting with people, contributing to communities, and caring for the natural world. Guided by our values of impact, care and connection we work together to make our global and local impact as positive as possible.

Risk Manager

R0001474 Risk Manager (Open)We’re Nadara. We work harmoniously with the power of nature and the communities around us to power lifetimes to come. We call our approach ‘living energy’.We don’t just produce renewable energy, we live it – recognising our relationship with the people touched by our business and supporting social, educational, cultural, and environmental initiatives that contribute to the development of the communities we work alongside.Discover more about our business here: <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fnadara.com%2Fabout%2F&amp;data=05%7C02%7Crita.mallozzi%40external.renantis.com%7C0358ac6cb0134d316d9f08dca03051b3%7C38b40df8b1744f1abaf8e2f57646f856%7C0%7C0%7C638561376602575965%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=R128FRYNL3FP08DBHxNorkOEOXDpwZD2bslYohLfI14%3D&amp;reserved=0">https://nadara.com/about/</a>Nadara is an innovative place to work. We work in a stimulating and challenging environment, where every day we explore the unknown with curiosity, make decisions with quality and take action and deliver with courage. For us diversity is a real value, and we encourage in connecting different perspectives with respect.Discover more about our culture and approach here: <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fnadara.com%2Fliving-the-company%2F&amp;data=05%7C02%7Crita.mallozzi%40external.renantis.com%7C0358ac6cb0134d316d9f08dca03051b3%7C38b40df8b1744f1abaf8e2f57646f856%7C0%7C0%7C638561376602589148%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&amp;sdata=ZqmeSu1E%2BjQTP2S7avQFH4X22uk7WEkh5PTw%2FoPouBI%3D&amp;reserved=0">https://nadara.com/living-the-company/</a><h2>Job Description Summary:</h2>The Group is seeking a Risk Manager (Project Risk &amp; Energy Risk) with at least 5 years of experience in a similar role within Utilities, IPPs, or Trading Companies. The role is responsible for managing, in an integrated way, risks related to both renewable project delivery and energy markets. The successful candidate will join the Risk Management Team, reporting directly to the Head of Risk &amp; Insurance Management. Working closely with the Growth and Energy Markets teams, the Risk Manager will support the execution of risk control procedures and deliver ad hoc risk analyses to support decision-making across Energy Management processes (Dispatching, Trading and Hedging activities, PPA and Counterparty analysis). This role will also contribute to investment risk analysis for new projects developed by the Growth function, supporting Project Managers in assessing overall project feasibility.<h2>Job Description:</h2>Responsibilities and Duties<ul><li>Contribute to investment and project risk assessments for new business initiatives (M&amp;A, project development and execution), evaluating the risk profile and recommending mitigation measures.</li><li>Support Project Managers in maintaining project risk registers, performing quantitative risk analyses (e.g., Monte Carlo simulations where applicable), and producing risk reports to support decision-making.</li><li>Participate in the risk assessment of project feasibility, identifying key risk drivers (e.g., permitting, grid connection, schedule, CAPEX, contractor capacity, resource assumptions, contractual allocation) and supporting mitigation planning.</li><li>Work closely with the Energy Management team to develop and maintain risk metrics and ensure effective risk monitoring and reporting (daily and monthly), in line with internal policies and limits (VaR, PaR, P&amp;L, MtM, stop-loss levels, secured/unsecured portfolio ratios).</li><li>Conduct independent analyses of trading and hedging strategies, highlighting the key risk factors underlying portfolio management activities, consistent with outputs from risk tools and market data.</li><li>Support PPA and counterparty risk analysis, including risk allocation review and exposure monitoring.</li><li>Ensure the accuracy and reliability of risk systems and data flows, overseeing key tools such as ETRM, Power BI sales portfolio tools, and relevant industrial/project risk tools.</li></ul>Key Job Requirements<ul><li>Solid experience in risk management practices and European energy markets (power, gas, PPAs), including forward curves and forecasting concepts.</li><li>Understanding project management principles and renewable project lifecycles.</li><li>Knowledge of key risk metrics and methods (VaR, PaR, exposure, Monte Carlo simulations) and portfolio risk analysis.</li><li>Ability to perform root cause analysis, identify trends, and recommend remediation actions.</li><li>Ability to work independently and effectively in a complex, international environment, engaging with multiple stakeholders.</li><li>Strong organizational skills, with the ability to manage multiple priorities and deadlines.</li></ul>Qualifications and Skills<ul><li>Minimum 5 years’ experience in energy risk management and market/portfolio analysis within an energy company (Utility, IPP, or Trading).</li><li>University degree in Economics, Engineering, Mathematics, or other STEM disciplines.</li><li>Knowledge of ETRM software, Power BI, and database systems.</li><li>Good coding skills (Python; VBA and SQL are a plus) and strong analytical capabilities.</li><li>Post-graduate education or specialized training in energy trading, risk management, or project risk is a plus.</li><li>Fluent in English is a must.</li></ul>Pay and benefitsAt Nadara, we’re committed to creating an environment where our people feel valued, supported and empowered to grow.Our rewards package reflects that commitment, including flexible ways of working, continuous learning and development opportunities, and initiatives focused on physical, mental and emotional wellbeing.We recognise effort and dedication, and we make sure it’s matched with fair pay and meaningful benefits - join us and be part of an international renewable energy company that invests in both your personal and professional growth.Equality and equityNadara is proud to be an Equal Opportunity Employer, deeply committed to Diversity, Equity and Inclusion (DEI). We believe that a truly sustainable future is built by diverse minds and voices, and we want everyone to feel they belong and can thrive.Our hiring decisions are based solely on merit, skills, and potential, and pay is determined fairly - considering each individual’s experience, qualifications and contribution.Together, we’re building an inclusive culture where everyone has the chance to make an impact, because when people thrive - so does our planet.What we expect from youWe’re looking for people who share our passion for making a difference: curious minds that are eager to learn, grow and take ownership.If you bring initiative, commitment and a collaborative mindset, we’ll give you the space and support to flourish.Location:Milano - MartesanaTime Type:Full timeWorker Subtype:Regular

Risk Manager

About the Job

About the Company

Nadara

Similar Jobs

Asset Management Specialist

Asset Management Specialist

Senior Project Manager - Energy Software IT Solutions

Senior Project Manager - Energy Software IT Solutions

Project Manager – High Voltage

Project Manager – High Voltage

Sr. Manager, Energy Strategy & Sourcing

Sr. Manager, Energy Strategy & Sourcing

Manager, Power Markets - 2630

Manager, Power Markets - 2630

Project Manager – Renewable Development Engineering

Project Manager – Renewable Development Engineering

Risk Analyst

Risk Analyst

Energy System Project Management

Energy System Project Management

Portfolio Manager

Portfolio Manager

Health & Safety Advisor (Energy Centre)

Health & Safety Advisor (Energy Centre)