Market Risk Management Jobs in California (NOW HIRING)

COMPANY OVERVIEW

Pattern Energy is a leading renewable energy company that develops, constructs, owns, and operates high-quality wind and solar generation, transmission, and energy storage facilities. Our mission is to transition the world to renewable energy through the sustainable development and responsible operation of facilities with respect for the environment, communities, and cultures where we have a presence.

Our approach begins and ends with establishing trust, accountability, and transparency. Our company values of creative spirit, pride of ownership, follow-through, and a team-first attitude drive us to pursue our mission every day. Our culture supports our values by fostering innovative and critical thinking and a deep belief in living up to our promises.

Headquartered in the United States, Pattern has a global portfolio of more than 30 power facilities and transmission assets, serving various customers that provide low-cost clean energy to millions of consumers.

JOB PURPOSE

The Senior Manager, Investment and Risk Management plays a pivotal role in strengthening the company’s investment and risk management infrastructure. The Senior Manager will design, enhance, and maintain the processes, tools, and analytical frameworks that support capital allocation, portfolio optimization, and enterprise risk governance.

The role works crossfunctionally to ensure investment decisions are rigorous, transparent, and aligned with longterm business objectives. Additionally, the Senior Manager will help advance the Company’s Enterprise Risk Management (ERM) framework by integrating enterpriselevel risk insights into investment evaluation, portfolio strategy, and governance processes.

The position will report to an AVP-level leader in the investment and risk management organization.

Key Accountabilities

Investment & Risk Evaluation

• Assess riskadjusted returns, key assumptions, and downside exposures across development, acquisition, financing, and operating assets.
• Prepare and review materials for investment committees and governance forums, ensuring clarity and consistency in riskreturn communication.
• Analyze portfoliolevel risks including concentration, diversification, scenario outcomes, and correlations across technologies, geographies, markets, and counterparties.

Enterprise Risk Management

• Identify, assess, and monitor enterpriselevel risks related to investments, market dynamics, counterparties, capital structure, and liquidity.
• Maintain enterprise risk registers, key risk indicators, scenario analyses, and reporting for senior leadership.
• Support continuous improvement of ERM processes, tools, and analytics as the company scales.

CrossFunctional Collaboration

• Partner with Finance, Commercial, Legal, Tax, Insurance, Treasury, Asset Management, and other teams to ensure consistent risk evaluation and governance throughout the asset lifecycle.
• Collaborate with subject matter experts to quantify risks for investment decisions and integrate the Project Risk Committee (PRC) into the capital approval process.

Capital Allocation & Portfolio Strategy

• Lead ongoing enhancement of the Capital Allocation Request (CAR) process and materials in partnership with Business Development and other teams.
• Support milestone capital allocation for development projects.
• Contribute to longterm portfolio strategy, including construction, optimization, and performance evaluation.
• Develop and implement a historical investment review process to identify opportunities to enhance value across operating assets and future development projects.

Process Improvement & Systems Development

• Drive adoption of improved investment processes, tools, and automation initiatives.
• Support updates to underwriting standards, model templates, and analytics for new business lines.
• Partner with the Salesforce team to implement system enhancements for Investment and Risk functions.

Transactional Finance

• Lead and support transactional finance activities across development, acquisition, financing, refinancing, and divestment transactions.
• Evaluate transaction structures, financial terms, risk allocation, and value drivers throughout the transaction lifecycle.
• Contribute to financial due diligence and assess alternative structures with a focus on riskadjusted value and alignment with the company’s risk appetite.

Experience/Qualifications/Education Required

• Bachelor’s degree in Finance, Mathematics, Engineering, Economics or related area; MBA a plus
• 8+ years of relevant direct experience
  • Experience in renewable energy or power project finance, tax equity, private equity, corporate M&A, consulting, power or renewable project development or investment banking, coupled with the practical requirements of moving projects through the development lifecycle, through the transaction execution stages to closing and beyond.
• Ability to work in a results-oriented, project-driven, real-time team environment. Ability to prioritize multiple projects and deliver quality results within tight time constraints
• Strong analytical, financial modeling, and process implementation skills required, including ability to recognize primary value and risk drivers within projects and transactions, and familiarity with commercial and financial arrangements that maximize value to the company while ensuring appropriate risk exposure.
• Well versed in renewables project development and operational project ownership. Experience identifying and implementing process improvements that support investment decision making and risk management within the renewables industry.
• Strong ability to collaborate cross-functionally and with both internal and external stakeholder management
• Proficiency in optimizing team operations and function within a broader organization
• Highly motivated team player driven to achieve excellence

The expected starting pay range for this role is $128,000 - $173,000 USD. This range is an estimate and base pay may be above or below the ranges based on several factors including but not limited to location, work experience, certifications, and education. In addition to base pay, Pattern’s compensation program includes a bonus structure for full-time employees of all levels. We also provide a comprehensive benefits package which includes medical, dental, vision, short and long-term disability, life insurance, voluntary benefits, family care benefits, employee assistance program, paid time off and bonding leave, paid holidays, 401(k)/RRSP retirement savings plan with employer contribution, and employee referral bonuses.

Pattern Energy Group is an Equal Opportunity Employer.
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