Risk Manager

ArcTern Ventures; Denver (CO); Hybrid; USD 150,000 - 180,000; Full time

Benefits offered by this job

Discretionary Bonus

Paid Vacation Time

Medical, Dental and Vision Benefits

401K Program - with a match!

Employee Share Option Plan

Job summary

Hydrostor seeks a Risk Manager to lead the risk management and governance for the Willow Rock Energy Storage Center project across Denver and Houston, with ~30–40% travel within North America. The role collaborates with EPC/EPCM teams to ensure robust risk processes, reporting, and decision-ready risk insights for executives.

Ideal candidates bring 10+ years in project risk management on large-scale energy or infrastructure projects, strong governance skills, and proven ability to influence

Qualifications

• 10+ years' experience in project risk management within major projects.
• Renewable energy, transmission, mining, oil & gas, infrastructure or heavy industrial construction experience.
• Experience in owner/operator, EPC and/or EPCM project delivery environments.
• Experience implementing risk management frameworks on projects above $500M in value.

Responsibilities

• Lead development and execution of risk management processes for large projects.
• Coordinate risk governance including risk registers and dashboard reporting.
• Conduct risk workshops and advise executives on risk mitigation.
• Communicate risk status to senior management and stakeholders.

Skills

Project risk management

Stakeholder management

Risk governance

Risk workshops

Executive communication

Job description

Position Title: 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 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!

Why Hydrostor?

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.

Your Mission

As a Risk 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.

Your Day-to-Day Adventures

• 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; and
• 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 actively identification and management of key risks.

Who You Are

As the Risk Manager, you will lead the development, implementation, and continuous improvement of project risk management processes acrossWillow 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.

This role plays a critical part in protecting project outcomes by ensuring risks and opportunities are systematically managed, reported and embedded into decision-making. The successful candidate will bring significant experience in large-scale construction projects, strong commercial and technical awareness, and the ability to influence stakeholders across EPC, EPCM and owner/operator organisations.

What You Bring

• 10+ years' experience in project risk management within major projects.
• Extensive experience in renewable energy, transmission, mining, oil & gas, infrastructure or heavy industrial construction.
• Experience working within owner/operator, EPC and/or EPCM project delivery environments.
• Demonstrated success implementing project risk management frameworks on projects exceeding $500M in value.
• Strong understanding of project lifecycle governance from development through commissioning and handover.
• Experience facilitating multidisciplinary risk workshops with executive and project stakeholders.
• Proven ability to develop risk registers, treatment plans and executive dashboards.
• Experience integrating risk management with project controls, scheduling, estimating and commercial functions.
• Understanding of project governance standards.
• Experience supporting executive decision-making through clear risk reporting and analysis.

Compensation Details

• $150K -$180K base
• Discretionary Bonus
• Paid Vacation Time
• Medical, Dental and Vision Benefits
• 401K Program - with a match!
• Employee Share Option Plan

For more information on Hydrostor and the exciting journey we're on visit our website at www.hydrostor.ca

Equal Opportunity Employer

At Hydrostor, we know that fostering an inclusive workplace, which values diversity, inclusion, and belonging is paramount to our success.

To fulfill our mission, our goal is to attract people who come from all backgrounds and walks of life, who bring diverse perspectives with wide-ranging experiences, and who share in our common passion to drive innovation and change the global energy landscape.

Hydrostor proudly embraces the principles of equal opportunity and inclusion. We are committed to providing opportunities for all employees and candidates. We ensure that all qualified applicants are considered for employment without regard to race, creed, color, religion, gender, gender identity, gender expression, age, sexual orientation, national origin, marital status, parental, pregnancy, citizenship status, veteran status, disability, or any other protected status protected by applicable law.

Hydrostor is committed to making our application and interview process accessible to everyone, and we encourage applications from people with disabilities. If you require reasonable accommodation at any stage, please contact us at [e-mail]. In your application, we welcome you to specify your preferred pronouns (e.g. she/her/hers, he/him/his, they/them/theirs, etc.).

Use of Artificial Intelligence

Hydrostor does not use Artificial Intelligence (AI) tools to screen, assess, or select candidates during the recruitment or interview process.