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GE Vernova

Builds equipment and software for electric power

Global Commercial Risk Leader

Risk ManagementPosted on Nov 12
Full-timeSchenectady, NY, USAIn-person

About the Job

Requirements

  • A bachelor's degree from an accredited university, with extensive commercial or sales experience equivalent to approximately 15 years in capital equipment sales or commercial operations in the energy sector, or equivalent knowledge and experience.
  • Strong people leadership skills and experience managing a large, diverse team across different cultures and time zones, particularly colleagues outside the United States.
  • Strong oral, written, and presentation skills.
  • Ability to handle a fast-paced, demanding commercial role with multiple deals in process at different times.
  • Strong interpersonal leadership and influencing skills, ambition, and self-confidence.
  • Strong risk and underwriting experience.
  • A track record of leading cross-functional transformation initiatives and demonstrated success improving operational metrics, such as risk scoring, deal cycle time, or process compliance, within a matrixed environment.
  • Strong contractual and legal understanding of large energy project equipment contracting, including services and aftermarket.
  • Broad understanding of energy markets, energy construction and logistics, and energy project financing.

Responsibilities

  • Provide leadership vision and deliver priorities for the global Commercial Risk team of approximately six FTEs.
  • Serve on the global Commercial Operations Leadership team, working with Regional Commercial Directors to address issues and develop strategies that deliver business objectives and targets.
  • Act as a strategic commercial partner by identifying high-impact risk trends before they become deal issues and influencing commercial strategies to maximize margin and minimize risk exposure.
  • Serve as the domain and subject matter expert for contracting, commercial, and technical risk in the GE Vernova Wind business across New Units, Services, and Aftermarket.
  • Provide contracting and risk underwriting advice across product and service offerings, execution scopes, and contracting types, including Turbine Supply Agreements, Full Service Agreements, and transactional agreements.
  • Develop, maintain, and execute a global risk review and delegation-of-authority process (R-table) to ensure consistency and transparency.
  • Mature and transform risk infrastructure, processes, and tools to improve year-over-year productivity and the quality of the global risk function.
  • Work cross-functionally across the business segment to align stakeholders on risk and underwriting and drive process improvements.
  • Work with the Global Projects and Services organizations to implement an end-to-end lessons-learned process that identifies and screens key issues, applies detailed problem-solving, and implements appropriate countermeasures.
  • Validate the balance of risk and reward, considering terms and conditions, technical risks, fulfillment capacity, margin, and security of payment.
  • Provide leadership and guidance to the Insurance Risk Manager to mitigate exposure by identifying risk profiles arising from insurance obligations and contractual injury or damage exposure in equipment-supply and maintenance-service contracts.
  • Establish a framework for deal and risk review, lead risk review meetings, and contribute to approval escalation meetings.
  • Build connections across GE Vernova and implement proactive risk assessments in anticipation of, and in response to, changes in the business environment while learning and applying best practices.
  • Review and approve risk modules and maintain oversight of global deal approval status to keep deals on track.
  • Maintain a New Country Entry process to comprehensively review deals and assess readiness to execute, including legal and tax risks, product compliance, grid compliance, project and service delivery, and other factors.
  • Track, aggregate, and analyze global deal risk and provide insights into areas for improvement.
  • Develop tools to support more efficient negotiations on terms and conditions while maintaining the desired risk profile.
  • Lead initiatives within the sales and commercial organization to improve rigor and simplify risk management, supporting the Commercial team's business plan.

Desired Qualifications

  • Direct Commercial Operations or Risk leadership experience involving wind equipment.
  • Demonstrated international contracting experience.
  • Demonstrated continuous improvement competencies.

About the Company

GE Vernova

Builds equipment and software for electric power

GE Vernova makes equipment and software that generate and manage electricity for utilities, power producers, and industrial customers. Its Power, Wind, and Electrification businesses span gas turbines, wind generation, and the systems that move electricity across grids. The company supplies generators, grid equipment, and controls, while its software coordinates network operations and integrates changing sources of power. Customers buy equipment and enter service agreements for maintenance, upgrades, and technical support over its operating life, alongside purchases of software and related services. GE Vernova became an independent company in 2024 after separating from GE and is headquartered in Cambridge, Massachusetts.

Company size
10,001+
Company stage
N/A
Total funding
$17.6M
Headquarters
Cambridge, MA
Founded
2024

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