GENERAL DESCRIPTION As a Risk Associate, you will support the project risk management function across Ocean Winds' integral renewable energy portfolio, helping to ensure that appropriate risk processes, tools and reporting are used to support investment decisions, project development and operating asset management. The role will contribute to the evaluation of new investment opportunities and the optimisation of project risk-return profiles through market, project and operational risk analysis. This includes supporting project-specific risk registers, contingency assessments, quantitative risk analysis, and the review of key assumptions, mitigations and contractual risk mechanisms, working closely with Business Development, Finance, Technical, Procurement and Project Controls teams across Europe, Korea and Australia. MAIN ACCOUNTABILITIES
- QUANTATIVE PROJECT RISK ANALYSIS - Assess project cost and construction uncertainties and support the development of appropriate contingency estimates for investment opportunities. Work closely with Technical, Procurement and Project Controls teams to maintain projectspecific risk inputs, develop evidenced probability and impact ranges, and support quantitative risk analysis where required. Ensure project risks, assumptions, contractual indexation mechanisms and mitigation actions are appropriately reflected in valuation models, investment cases and project decision-making.
- MARKET RISK - Quantify and assess market risk exposures across the portfolio, including power price, raw materials, balancing, basis, profile, and volume risks.



Develop and propose mitigation strategies to ensure alignment with the company's risk appetite and approved limits. Support investment decision-making by integrating market risk insights into valuation models and scenarios.
- COUNTERPARTY / CREDIT RISK - Evaluate counterparty credit risk and define collateral requirements in coordination with Procurement and Commercial teams. Monitor and report exposure levels, ensuring proactive risk mitigation and alignment with internal policies. Contribute to the structuring of contractual arrangements from a risk perspective.
- ENTERPRISE RISK MANAGEMENT - Support the development and continuous enhancement of the company's ERM framework. Coordinate cross-functional inputs to identify, assess, and monitor key risks across the organization. Promote a risk-aware culture across business units and functions.
- RISK CONTROL - Monitor overall risk exposure and ensure compliance with internal risk policies and governance frameworks. Contribute to reporting processes for senior management and investment committees. Support continuous improvement of risk methodologies, tools, and processes. REQUIRED PROFESSIONAL EXPERIENCE At least 6 years of relevant experience in energy consulting, utilities, trading environments,



or industrial/ infrastructure companies with exposure to risk analysis, energy markets, or construction. Proven experience in quantitative analysis and/or modelling within energy or infrastructure sectors. Exposure to international projects or multicultural environments is a strong advantage. REQUIRED KNOWLEDGE Strong understanding of electricity markets, energy regulation, and risk management frameworks. Advanced analytical and modelling capabilities, with the ability to translate complex data into actionable insights. Proficiency in Excel and Power Point; familiarity with statistical tools and data-driven approaches (including AI applications) is a plus. Fluent in English. Proactive, structured, and solution-oriented mindset with a strong attention to detail. Software: Lumivero/ Palisade@Risk, Safran, ARM, or equivalent. QUALIFICATIONS Degree in risk management, engineering, finance, economics, project management, business, energy, or another relevant discipline. Professional qualification, or working towards one, in risk management, project management, project controls or quantitative risk analysis would be advantageous, such as IRM, APM, PMIRMP, AACE, CQRM or equivalent. WHY JOIN US You will be part of a high-performing, international team at the intersection of energy markets, investment strategy, and risk management. The role offers significant visibility, direct exposure to senior decision-making forums, and opportunities for internal mobility and professional growth across geographies and functions.

📌 Risk Associate (España)
🏢 OW Ocean Winds
📍 España