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Corporate Financial Risk Manager (renewable energies)

Date:  Jan 21, 2026
Company:  Zelestra

Zelestra

Location

Bilbao, Spain; Madrid, Spain; Sevilla, Spain

Mission

The Corporate Risk Management Manager is responsible for identifying, analyzing, monitoring, and mitigating the Group’s financial risks, with a particular focus on foreign exchange (FX), interest rate (IR), credit risk, and liquidity risk. The role supports the company’s strategic and operational objectives by ensuring a robust risk management framework, effective hedging strategies, and strong liquidity planning.

Responsibilities

Financial Risk management

  • Identify and assess the Group’s exposure to FX and interest rate risks arising from operations, financing activities, and investments.
  • Design, implement, and monitor hedging strategies in line with the company’s risk appetite and policies.
  • Prepare risk analysis, scenario analysis, and sensitivity assessments for senior management.
  • Analyze market trends and macroeconomic developments impacting financial risk exposures.

Credit risk

  • Assess and monitor counterparty credit risk, including banks, customers, suppliers, and off-takers.
  • Support the definition and monitoring of credit limits and risk mitigation measures.
  • Coordinate with commercial, legal, and finance teams on credit-related matters and contractual risk allocation.

Liqudity risk and cash flow

  • Monitor and analyze the Group’s liquidity position, cash flows, and funding requirements.
  • Support liquidity planning, stress testing, and forecasting activities.
  • Contribute to the optimization of cash management structures and funding strategies.
  • Assist in ensuring compliance with internal liquidity policies and external financing covenants.

Policies, Governance & Reporting

  • Develop, maintain, and enhance risk management policies, procedures, and controls.
  • Ensure compliance with internal governance frameworks and applicable accounting and regulatory requirements.
  • Prepare regular risk reports and dashboards for senior management and relevant committees.
  • Support audits and internal reviews related to financial risk management.

Cross-Functional Collaboration

  • Work closely with Treasury, Finance, Strategy, and Business Units to align risk management with business objectives.
  • Act as a key point of contact for financial risk topics with internal stakeholders and external advisors.

Job Requirements

  • Bachelor’s degree in Finance, Economics, Business Administration, Engineering, or a related field. Master’s degree or professional certification (CFA, FRM, or similar) is a plus.
  • 5–8 years of experience in corporate risk management, treasury, financial risk, or a similar role.
  • Strong interest on FX, interest rate derivatives, credit risk, and liquidity management.
  • Experience in corporates, energy, infrastructure, or project-based environments is an advantage.
  • Strong analytical and quantitative skills.
  • Solid understanding of financial markets and risk management instruments.
  • Ability to translate complex risk concepts into clear recommendations for management.
  • High level of accuracy, organization, and attention to detail.
  • Strong communication and stakeholder management skills.
  • Proficiency in Excel and financial modeling.
  • Fluent in English.

What we offer

  • Career opportunities and professional development in a growing multinational company with a highly qualified team.
  • Permanent contract.
  • Flexible compensation.
  • Full working day.
  • Smart working 2 days a week.

 

Zelestra celebrates the diversity of thought and experience that comes from a variety of backgrounds including, but not limited to, gender, age, ethnicity...

 

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Let's co-build a carbon-free tomorrow!

Visit us at zelestra.energy

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