Senior Advisor – Portfolio & Project Risk Management

Boralex Inc.; Montreal; Hybrid; CAD 70,000 - 110,000; Full time

Job summary

An innovative company is seeking a Senior Advisor in Portfolio & Project Risk Management to drive sustainable energy solutions. In this pivotal role, you will oversee risk management frameworks, analyze risks across a global portfolio, and collaborate with project managers to integrate risk practices into planning. This position offers stimulating challenges and the opportunity to contribute to a company committed to the energy transition. Join a diverse and inclusive team that values transparency and continuous improvement, and enjoy flexible working hours and a supportive work environment that empowers you to thrive.

Benefits

Continuous training

Flexible working hours

Remote work

Pension plan

Group insurance plan

Membership allowance at a sports centre

Qualifications

• 5+ years of experience in risk management and portfolio risk management.
• Strong analytical skills and experience with risk assessment methodologies.

Responsibilities

• Oversee Global Portfolio Risk Management Framework and risk limits.
• Conduct cost risk analysis and evaluate CAPEX estimates.

Skills

Risk Management

Analytical Skills

Communication Skills

Data Modeling

Collaboration

Education

Bachelor’s degree in Finance, Business, Engineering

Master's degree or relevant certification (e.g., PRM, FRM, CFA, PMP)

Tools

@RISK

PowerBI

Job description

Senior Advisor – Portfolio & Project Risk Management

Montreal Reference: 4672-705

Publication date: 28 January 2025 Type of contract: Permanent Localization: Quebec Job family: Not specified

Join us to transform today's energy challenges into sustainable solutions for tomorrow, and make a difference for our planet and future generations.

Boralex has been providing renewable and affordable energy for over 30 years. The Group, composed of more than 800 employees, operates renewable assets with an installed capacity of over 3 GW and is developing a project portfolio of 6.8 GW in wind, solar, and energy storage.

We are seeking a candidate with experience in enterprise risk and/or risk quantification to contribute to Energy Trading Portfolio risk oversight and Project Risk Analysis across the project lifecycle, including cost risk analysis for Engineering, procurement, and construction (EPC) projects. The incumbent will be able to work quickly and in partnership with risk owners in Regional Business Units (North America/Europe) and Corporate Function teams, while respecting the mandate of being part of an independent risk review function. In this newly created position, the Analyst/Senior Analyst - Portfolio & Project Risk Management will have many stimulating challenges, actively participate in the company's growth, work with teams on a global landscape and occupy a key position at Boralex.

You will play an important role in:

• Oversee the Global Portfolio Risk Management Framework (PRMF) and risk limits.
• Monitor and analyze risks within the company's global portfolio exposure.
• Act as an independent reviewer and challenger for the Business Unit's Front and Middle Office teams.
• Keep up to date with energy trading regulatory compliance and adjust risk management policies as necessary.
• Develop and implement risk management strategies for the global portfolio and conduct portfolio stress testing and scenario analysis.
• Advise project managers in the identification, assessment, management and mitigation strategies of risks associated with key projects.
• Conduct cost risk analysis, including Monte Carlo risk quantification, to evaluate applicable CAPEX and project contingency estimates.
• Review and challenge project risk registers for accuracy and completeness.
• Collaborate with project managers to ensure seamless integration of risk management practices into project planning and execution.
• Prepare comprehensive risk reports for the executive committee and board of directors.
• Monitor and report on Risk Appetite Statement (RAS) risk limits.

To succeed in this position, you need:

• Bachelor’s degree in Finance, Business, Engineering, or a related field. A Master's degree or relevant certification (e.g., PRM, FRM, CFA, PMP) is an asset.
• Minimum of 5 years of experience in risk management, risk quantification, portfolio risk management and/or project risk management.
• Strong analytical skills, experience with risk assessment methodologies and data modeling.
• Excellent communication and presentation skills.
• Excellent knowledge of portfolio risk, energy sector and/or EPC industry is an asset.
• Proficiency in risk quantification tools such as @RISK for Monte Carlo statistical modeling is an asset.
• Proficiency in PowerBI is an asset.
• Ability to work collaboratively with cross-functional teams.

#LI-hybrid

To be fully fulfilled in your daily life:

By joining our team, you will contribute to the growth of a company committed to the energy transition, while adding your talent to an agile team. You will benefit from continuous training, flexible working hours and remote work, a retirement plan enhanced by Boralex, and a group insurance plan tailored to your personal needs.

Together, we will build a sustainable and inclusive world:

By joining our team, you will contribute to the growth of a company committed to the energy transition. Boralex promotes a culture of sustainable performance, aligned with its business objectives. We focus on long-term growth and profitability while aiming for the satisfaction of all our stakeholders. Continuous improvement is essential, with ambitious and measurable goals, and this culture is fostered by autonomy, the right to make mistakes, and employee empowerment.

Transparency, inclusion, and kindness are essential elements in creating a rewarding work environment where everyone can thrive and be themselves. This is why we raise awareness among all our teams on these issues and offer support networks, best practices, and educational content.

We value the diversity of experiences, perspectives, and expressions among our colleagues, partners, and communities. Feel free to join us, regardless of your age, origin, gender, potential disability, sexual orientation, or beliefs.

Boralex, beyond renewable energy!

• Contribute to the growth of a company that’s actively involved in energy transition.
• Add your talent to an agile work team.
• Expand your knowledge through continuous learning.
• Keep fit with a membership allowance at a sports centre of your choice. Spend more time with your family thanks to a flexible and independent schedule.
• Plan your life beyond your career thanks to a pension plan to which Boralex contributes.

Be the source of our energy!

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