Compliance & Risk Associate
Ridgewood, NJ / New York, NY
Commercial – Legal /
Full-time /
Hybrid
The Role
We are looking for a Compliance & Risk Associate to help ensure that Scale’s operations meet all regulatory requirements while managing project risks. You will support risk mitigation strategies, maintain compliance documentation, manage day-to-day activities for our existing insurance program, and execute internal audits and reporting processes. In this dynamic, cross-functional role you will support compliance and risk management efforts across internal teams and at all phases of the project lifecycle.
You will report to our Compliance & Risk Manager and work a hybrid schedule from our Ridgewood, NJ or New York, NY office.
Key responsibilities will include:
- Project Insurance Support: Assist in coordinating with Scale’s insurance broker to ensure appropriate insurance coverage for each project. Support in gathering documentation from various internal teams and providing project-specific details for insurance and bond requests. Support the development of insurance consultant reports and other deliverables required for financing counterparts.
- Corporate Insurance Support: Support other insurance and bond requests as needed, including policy renewals and certificate of insurance management.
- Documentation and Record Keeping: Help maintain accurate records of regulatory filings, permits, licenses, approvals, and compliance for ongoing and future projects.
- Regulatory Compliance: Work with policy and regulatory SMEs to stay updated on relevant and evolving federal, state, and local laws, regulations, and industry standards that affect microgrid and community solar development and operations. Support the Compliance & Risk Manager in interpreting, analyzing the impact, and disseminating this information to internal teams.
- Cross-functional collaboration: Obtain and interpret project details for existing and prospective projects to integrate regulatory compliance, operational limitations, and risk management within internal teams and the project lifecycle.
- Risk Assessment: Assist in conducting project and revenue risk assessments, identifying current and future operational and financial risks in collaboration with the Compliance & Risk Manager.
- Audits and Inspections: Support in organizing and facilitating internal audits, inspections, and regulatory reporting processes. Help prepare materials for external audits and inspections as needed.
- Reporting and Monitoring: Assist in developing and implementing monitoring and reporting processes to measure compliance across different microgrid, community solar, and other distributed energy projects.
- Training and Awareness: Assist in organizing training sessions for internal teams, ensuring that all employees are informed about risk management best practices and compliance expectations.
The Ideal Candidate
- 2+ years of experience in a compliance, risk management, or related role, preferably in the energy, construction, or infrastructure sectors
- Familiarity with insurance policies and bond requirements specific to energy projects
- Experience with regulatory compliance and risk management processes within energy projects, including project permits and environmental standards
- Exceptional organizational skills and attention to detail with the ability to manage multiple tasks and priorities
- Excellent communication skills, both written and verbal, with the ability to effectively interact with cross-functional teams, external insurance brokers, and other stakeholders
- Proficient in Microsoft Office Suite; experience with risk management and compliance software is a plus
- A bachelor’s degree in Business, Law, Environmental Studies, or a related field
This is a great opportunity to have a long-term impact on a fast-paced, private equity backed growth business. Some of the core virtues embraced by Scales’ employees include:
· Do the Right Thing
· Act Like an Owner
· Hustle
· Demand Results
· Go Together
· Evolve or Disappear
We offer a competitive compensation package and a comprehensive benefits program including medical benefits, paid vacation and holidays, and 401K matching.
About Scale Microgrids
Scale Microgrids (“Scale”) is a fully integrated distributed energy platform focused on designing, implementing and financing innovative distributed clean energy solutions. Through its leading technical expertise and access to scale capital, Scale helps its customers transition to a decentralized energy future by providing and financing sustainable, cost-effective, and resilient power solutions. Scale has its own proprietary microgrid solution which provides customers with cheaper, cleaner and more reliable power, and also partners with third party developers to acquire and/or finance a broader range of distributed energy assets.
Scale is backed by EQT, a firm with ~$250B in assets, bringing a depth of experience, resources, and capital that will enable Scale to continue pursuing our vision of powering the world with distributed energy. The investment enables Scale to own and operate billions of dollars in distributed generation assets. To learn more about Scale Microgrids, please visit https://www.scalemicrogrids.com.
About EQT
EQT is a leading purpose-driven global investment organization with EUR 246 billion in total assets under management, divided into two business segments: Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific, and the Americas and supports them in achieving sustainable growth, operational excellence, and market leadership.
Scale strives to attract and retain a workforce that reflects the composition of our customer base and communities. We are committed to providing a work environment that provides everyone with equal access and opportunity to contribute and drive meaningful outcomes. We encourage applicants from all backgrounds to apply and will consider qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.
