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Director of Risk Management

2 weeks ago

Bucharest, Bucureşti, Romania Utilities One Full time
Director of Risk Management

Department: Finance

Employment Type: Full Time

Location: Romania

Reporting To: Serghei Busmachiu


Description At Utilities One, we are driven by innovation, operational excellence, and a commitment to building the future of critical infrastructure. As a trusted turnkey solutions provider across telecom, power, water, renewable energy, and data center sectors, we deliver high-quality services that connect and empower communities. In addition to our core operations, we offer specialized consulting services that help our clients design, optimize, and execute complex infrastructure projects with confidence and precision. We believe our greatest strength is our people — a team of dedicated professionals who bring expertise, collaboration, and integrity to everything they do. Join us and become part of a growing organization where your contributions make a meaningful impact.

The Director of Risk Management will be responsible for ensuring Utilities One adheres to all regulatory, compliance, and operational risk requirements relevant to the utilities industry. This individual will develop, implement, and oversee enterprise risk management policies, assess insurance coverage, conduct risk assessments, and ensure compliance across all company operations, including contractor engagements. The role includes reporting risk-related matters to senior management and implementing procedures to strengthen operational resilience and regulatory adherence.

Key Responsibilities Policy Development & Implementation
  •  Develop, maintain, and update company-wide risk management policies, procedures, and guidelines tailored to power sector operations. 
  •  Establish risk assessment frameworks addressing critical areas such as contractor management, safety compliance, and regulatory adherence. 
  •  Ensure policies are effectively communicated, integrated, and consistently applied across all departments. 
Risk Assessment & Reporting
  •  Conduct regular risk assessments to identify operational, financial, and regulatory risks in power sector activities. 
  •  Monitor and report on risks, providing detailed reports to senior leadership highlighting key risks, compliance gaps, and mitigation plans. 
  •  Develop and implement risk mitigation strategies specific to energy projects, contractor engagements, and operational activities. 
Insurance & Claims Oversight
  •  Oversee the management of insurance programs, ensuring appropriate coverage for company operations, contractors, and projects. 
  •  Manage claims processes, including subcontractor-related claims, and coordinate with insurers to minimize exposure and financial impact. 
Compliance & Regulatory Monitoring
  •  Maintain in-depth knowledge of all regulatory, safety, and compliance requirements relevant to power sector operations (utilities, renewable energy, transmission/distribution). 
  •  Conduct regular compliance checks to ensure adherence to local, regional, and industry-specific regulations. 
  •  Collaborate with department heads to integrate compliance and risk management practices into daily operations, particularly for contractor engagements and project execution. 
Leadership & Collaboration
  •  Provide guidance and oversight to internal teams on risk management practices and compliance matters. 
  •  Act as a key advisor to senior management on risk exposure, mitigation strategies, and regulatory changes impacting the company.

Skills, Knowledge and Expertise
  • Bachelor's degree in Audit, Engineering, Risk Management, Business, or related field (Master's or MBA preferred). 
  •  8+ years of experience in risk management, compliance, or operational risk leadership within the utilities sector. 
  •  Strong knowledge of regulatory frameworks, safety standards, and contractor management projects
  •  Proven experience developing and implementing enterprise risk policies and mitigation strategies. 
  •  Excellent analytical, reporting, and leadership skills. 
  •  Ability to collaborate across departments and provide actionable guidance to senior leadership.
Work schedule: Monday - Friday from 15:00 till 23:00 

Benefits
  • Competitive salary package;
  • Being part of an international, dynamic work environment;
  • Professional development (seminars, courses);
  •  Medical Insurance (MedLife) – subject to successful completion of the probation period; 
  • Opportunity to work in a fast-growing international company with significant impact in its industry;
  • 7Card.