.Company DescriptionStatkraft has been making clean energy possible for over a century. Today, we are Europe's largest renewable energy producer and a global energy market operator. We are a vibrant, diverse and strongly connected community of over 4800 people, working across 19 countries within Europe, South America and Asia. Together, we work on the front lines of changing the game for renewable energy. From solar, wind and hydrogen development to algorithmic energy trading and everything in between. We envision a world that runs entirely on renewable energy. Because in the fight against climate change, we don't see renewable energy as part of the solution - we believe it must be the solution. With us,you'll shape a career that is truly forward-facing with many amazing opportunities and offerings to match. But there's more work to be done and we depend on inspired, creative and dedicated people who want to shape a brighter future with us - that's why we need you to join us.Job DescriptionJob Location: Madrid or ValenciaAs a Project Risk Manager, your main responsibilities will be:Lead and facilitate the Project Risk Assessment with all Risk Owners to analyse all risk/opportunity events that may have an impact in terms of additional time and/or additional costs, ensuring the quality of all risk data.Prepare and periodically update the Project Risk Register, reporting the real impacts of the events that have occurred.Define, together with the different Risk Owners, the appropriate risk response actions for each of the identified risk events.Prepare and periodically update the Risk Response Project Plan, recording the actual effectiveness of the risk response action implemented.Model the impacts on project targets (time and costs) of all the identified risks/opportunities, using the Monte Carlo analysis.Calculate the time and cost reserves to guarantee the achievement of the project targets according to the defined risk threshold and quantify the residual risk for the project.Periodically reassess all project risks with Risk Owners, isolating non-identified risks during the development phase.Update and control the risk exposure of the project, analyse any deviations from the baseline or the current adverse trend, and identify corrective/preventive/improvement actions to avoid/mitigate possible time/cost overruns.Analyze, together with the Project Planner and the Cost Controller, the potential impact of risk events on the economic/physical progress curves of the project.Prepare project risk reports in accordance with company procedures, standards and tools for Project Team and Management review, clearly indicating critical points and exposure risk delta analysis.Cooperate with the central PMO department in updating and improving risk calculation methodologies and models, to ensure standardization, exchange of practices and digitization for a predictive data-based approach