Director of Risk Management

Director of Risk Management
Bucureşti
Bucharest, Bucharest, Romania

Company Overview:

Utilities One (U1) is a leading provider of comprehensive infrastructure solutions for Telecommunication Providers, Electric Utilities, Wireless Providers, Water Utilities, Telecom Engineering, and Fulfillment Services (LECs/MSOs). We offer a full suite of services to support infrastructure projects, providing
-
- end solutions to our valued clients. At U1, we are committed to excellence, integrity, and innovation in all that we do, and we are dedicated to driving success for both our clients and our team members.

Position Overview:

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
- related matters to senior management and implementing procedures to strengthen operational resilience and regulatory adherence.

Key Responsibilities:

Key Responsibilities

1. Policy Development & Implementation

• Develop, maintain, and update
  - 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.

2. 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.

3. Insurance & Claims Oversight

• Oversee the management of insurance programs, ensuring appropriate coverage for company operations, contractors, and projects.
• Manage claims processes, including
  - related claims, and coordinate with insurers to minimize exposure and financial impact.

4. Compliance & Regulatory Monitoring

• Maintain
  - 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
  - specific regulations.
• Collaborate with department heads to integrate compliance and risk management practices into daily operations, particularly for contractor engagements and project execution.

5. 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.

Requirements

• 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.

Benefits

• Competitive salary package
• Being part of an international, dynamic work environment
• Professional development (seminars, courses)
• Paid time off (PTO) such as sick days and vacation days
• Medical Insurance (Med
  Life)
• Opportunity to work in a
  - growing international company with significant impact in its industry.
• Continuous professional development and growth opportunities.
• 7card membership