Manager/ Sr Manager- Enterprise Risk Management Lead (Renewal Energy Projects), Mumbai
Talent Leads Consultants
- Mumbai, Maharashtra
- Permanent
- Full-time
- Analyze and manage risks across land, permitting, connectivity, resource assessment, procurement, construction, commissioning, operations, and asset life.
- Explicitly assess procurement risks including:
- Price volatility, FX exposure, customs duties, ALMM / domestic sourcing risks
- Vendor financial health, delivery slippages, warranty enforceability and contract enforcement
- Evaluate market risks:
- Tariff adequacy , merchant exposure, curtailment risk
- Payment security, change-in-law and regulatory uncertainty
- Macro-economic changes and impact on business
- Assess climate and physical risks across project life:
- Resource variability (wind/solar deviation, degradation uncertainty)
- Extreme weather (flooding, cyclones, heat stress, dust, hail)
- Long-term climate change impacts on generation, availability, and O&M costs
- Identify ESG and social risks and suggest risk mitigation actions:
- Land acquisition complexity, community opposition, livelihood impact
- Biodiversity, forest, wildlife, and compliance risks
- Labour, HSE, contractor practices, and reputational exposure
- Analyze correlated and cumulative risks, rather than isolated issues, for:
- IRR/EIRR erosion
- COD slippages
- Cost overruns and long-term asset performance
- Integrate land readiness, connectivity milestones, regulatory approvals, procurement timelines, construction progress, and contractual obligations into risk-adjusted forecasts.
- Quantify impact of delays and disruptions on:
- IDC and financing costs
- LD exposure (EPC, transmission, PPA)
- PPA revenue loss, merchant downside, O&M recovery
- Develop downside/upside scenarios for COD
- Validate assumptions using historical project data, vendor performance data, and site feedback.
- Challenge optimistic schedules, cost assumptions, and recovery plans with evidence-based analysis.
- Ensure alignment with engineering and land controls (ROW readiness, hydrology clearance, geotechnical risk, design loss discipline).
- Assess portfolio exposure to:
- Technology concentration (FT vs trackers, turbine platforms, BESS chemistries)
- Geographic and climate clustering risks
- Vendor and supply-chain concentration
- Evaluate emerging technology and market developments (hybrids, RTC, storage, ancillary markets) for strategic and balance-sheet risk.
- Support decisions with risk-adjusted returns, not headline IRRs.
- Develop risk dashboards, heatmaps, and sensitivity analyses with quantified financial exposure.
- Maintain a dynamic enterprise risk register with early-warning indicators.
- Present forward-looking risk outlooks to senior management and investment committees.
- Ensure KPI-linked accountability across BD, procurement, projects, regulatory, and O&M teams.
- Structure and integrate risk data from BD, PD, procurement, regulatory, legal, projects, and O&M.
- Define standard risk metrics (schedule risk, procurement risk premium, resource uncertainty, ESG exposure).
- Maintain a single source of truth for generation-risk attribution, aligned with O&M analytics and financial models.
- Continuously improve risk modelling frameworks and decision tools.
- Strong scenario modelling, probabilistic risk analysis, and sensitivity assessment capability.
- Deep understanding of renewable project execution realities (solar, wind, hybrid, BESS).
- Strong grasp of procurement economics, supply-chain risks, and contract structures.
- Ability to bridge engineering execution, ESG realities, and financial outcomes.
- High analytical rigor combined with practical, on-ground judgement.
- Confidence to challenge senior stakeholders with data-backed insights.
- MBA (Finance) with B-Tech / Engineering / Economics background or CA
- 5–12 years of experience in project/ corporate finance with some exposure to risk.
- Direct exposure to live project execution, procurement, or asset operations is strongly preferred.