Strong commercial judgment with the ability to connect quantitative outputs to real trading ... traders, risk managers, finance, and executives * High standards for accuracy, transparency ...
Strong commercial judgment with the ability to connect quantitative outputs to real trading ... traders, risk managers, finance, and executives * High standards for accuracy, transparency ...
Portfolio Risk Manager
Houston, TX · On-site
$105K - $125K/yr
Develop and deploy commercial trading and hedging strategies to maximize the profitability of Cobra's renewable assets while managing market risks. * Build tools internally to evaluate the risk ...
Quick apply
Portfolio Risk Manager
Houston, TX · On-site
$105K - $125K/yr
Develop and deploy commercial trading and hedging strategies to maximize the profitability of Cobra's renewable assets while managing market risks. * Build tools internally to evaluate the risk ...
Legal and Risk Manager
Irving, TX · Hybrid
$70K - $80K/yr
Responsible for a wide range of risk management duties with oversight on client compliance requirements in the commercial safety portals, subcontractor management with Shermco and Veriforce, RFP ...
Legal and Risk Manager
Irving, TX · Hybrid
$70K - $80K/yr
Responsible for a wide range of risk management duties with oversight on client compliance requirements in the commercial safety portals, subcontractor management with Shermco and Veriforce, RFP ...
Legal and Risk Manager
Irving, TX · On-site
$70K - $80K/yr
Responsible for a wide range of risk management duties with oversight on client compliance requirements in the commercial safety portals, subcontractor management with Shermco and Veriforce, RFP ...
Legal and Risk Manager
Irving, TX · On-site
$70K - $80K/yr
Responsible for a wide range of risk management duties with oversight on client compliance requirements in the commercial safety portals, subcontractor management with Shermco and Veriforce, RFP ...
Legal and Risk Manager
Irving, TX · Hybrid
$70K - $80K/yr
Responsible for a wide range of risk management duties with oversight on client compliance requirements in the commercial safety portals, subcontractor management with Shermco and Veriforce, RFP ...
Legal and Risk Manager
Irving, TX · Hybrid
$70K - $80K/yr
Responsible for a wide range of risk management duties with oversight on client compliance requirements in the commercial safety portals, subcontractor management with Shermco and Veriforce, RFP ...
Portfolio Risk Manager
Houston, TX · On-site
$105K - $125K/yr
Develop and deploy commercial trading and hedging strategies to maximize the profitability of Cobra's renewable assets while managing market risks. * Build tools internally to evaluate the risk ...
Quick apply
Portfolio Risk Manager
Houston, TX · On-site
$105K - $125K/yr
Develop and deploy commercial trading and hedging strategies to maximize the profitability of Cobra's renewable assets while managing market risks. * Build tools internally to evaluate the risk ...
Portfolio Risk Manager
Houston, TX · On-site
$105K - $125K/yr
Develop and deploy commercial trading and hedging strategies to maximize the profitability of Cobra's renewable assets while managing market risks. * Build tools internally to evaluate the risk ...
Quick apply
Portfolio Risk Manager
Houston, TX · On-site
$105K - $125K/yr
Develop and deploy commercial trading and hedging strategies to maximize the profitability of Cobra's renewable assets while managing market risks. * Build tools internally to evaluate the risk ...
Sr. Risk Analyst Supervisor
Houston, TX · On-site
Proven experience managing risk processes, driving system and process improvements, and collaborating with Commercial, Risk, Finance, Accounting. Nice to Have Skills: * Experience with ICE, CME ...
Sr. Risk Analyst Supervisor
Houston, TX · On-site
Proven experience managing risk processes, driving system and process improvements, and collaborating with Commercial, Risk, Finance, Accounting. Nice to Have Skills: * Experience with ICE, CME ...
OxyChem Insurance Risk Manager
Dallas, TX · On-site
... commercial construction. OxyChem actively participates in the Occupational Safety and Health ... Manage Risk Management department internal procedures. * Tender new claims and assist in the ...
OxyChem Insurance Risk Manager
Dallas, TX · On-site
... commercial construction. OxyChem actively participates in the Occupational Safety and Health ... Manage Risk Management department internal procedures. * Tender new claims and assist in the ...
Sr. Risk Analyst Supervisor
Houston, TX · On-site
Proven experience managing risk processes, driving system and process improvements, and collaborating with Commercial, Risk, Finance, Accounting. Nice to Have Skills: * Experience with ICE, CME ...
Sr. Risk Analyst Supervisor
Houston, TX · On-site
Proven experience managing risk processes, driving system and process improvements, and collaborating with Commercial, Risk, Finance, Accounting. Nice to Have Skills: * Experience with ICE, CME ...
OxyChem Insurance Risk Manager
Dallas, TX · On-site
... commercial construction. OxyChem actively participates in the Occupational Safety and Health ... Manage Risk Management department internal procedures. * Tender new claims and assist in the ...
OxyChem Insurance Risk Manager
Dallas, TX · On-site
... commercial construction. OxyChem actively participates in the Occupational Safety and Health ... Manage Risk Management department internal procedures. * Tender new claims and assist in the ...
Insurance Risk Manager (Remote)
Dallas, TX · On-site +1
The Insurance Risk Manager will coordinate insurance programs, optimize coverage, manage claims ... Strong understanding of commercial insurance lines (e.g., property insurance, liability insurance ...
Insurance Risk Manager (Remote)
Dallas, TX · On-site +1
The Insurance Risk Manager will coordinate insurance programs, optimize coverage, manage claims ... Strong understanding of commercial insurance lines (e.g., property insurance, liability insurance ...
Commercial Risk Insurance Agent
Houston, TX · On-site
$50K - $75K/yr
... and commercial insurance, employee benefits and risk management services. Benefits/Perks ... Successfully learn and implement the PIA dedicated sales process and CRM. Qualifications * 1-3 ...
Quick apply
Commercial Risk Insurance Agent
Houston, TX · On-site
$50K - $75K/yr
... and commercial insurance, employee benefits and risk management services. Benefits/Perks ... Successfully learn and implement the PIA dedicated sales process and CRM. Qualifications * 1-3 ...
Commercial Risk & Health Producer
Farmers Branch, TX · On-site
$125K - $200K/yr
Aon has exciting opportunities to join our Commercial Risk team as a Producer in Dallas. Aon is in ... Support a team in the management of a portfolio of prospects' business How this opportunity is ...
Commercial Risk & Health Producer
Farmers Branch, TX · On-site
$125K - $200K/yr
Aon has exciting opportunities to join our Commercial Risk team as a Producer in Dallas. Aon is in ... Support a team in the management of a portfolio of prospects' business How this opportunity is ...
Contract/Risk Analyst
Dallas, TX · On-site
... commercial and legal concerns before project pursuit. * Assist in developing standardized processes, templates, and internal controls related to contract review and risk management. * Support ...
Contract/Risk Analyst
Dallas, TX · On-site
... commercial and legal concerns before project pursuit. * Assist in developing standardized processes, templates, and internal controls related to contract review and risk management. * Support ...
Environmental Risk Manager
The Woodlands, TX · On-site
$104K - $108K/yr
... commercial real estate environmental process; assists with updating related internal training ... risk management, credit risk, or lending experience related to real estate. • Banking or ...
Environmental Risk Manager
The Woodlands, TX · On-site
$104K - $108K/yr
... commercial real estate environmental process; assists with updating related internal training ... risk management, credit risk, or lending experience related to real estate. • Banking or ...
Commercial Risk & Health Producer
Dallas, TX · On-site
$125K - $200K/yr
Aon has exciting opportunities to join our Commercial Risk team as a Producer in Dallas. Aon is in ... Support a team in the management of a portfolio of prospects' business How this opportunity is ...
Commercial Risk & Health Producer
Dallas, TX · On-site
$125K - $200K/yr
Aon has exciting opportunities to join our Commercial Risk team as a Producer in Dallas. Aon is in ... Support a team in the management of a portfolio of prospects' business How this opportunity is ...
... commercial and legal concerns before project pursuit. * Assist in developing standardized processes, templates, and internal controls related to contract review and risk management. * Support ...
... commercial and legal concerns before project pursuit. * Assist in developing standardized processes, templates, and internal controls related to contract review and risk management. * Support ...
... commercial and legal concerns before project pursuit. * Assist in developing standardized processes, templates, and internal controls related to contract review and risk management. * Support ...
... commercial and legal concerns before project pursuit. * Assist in developing standardized processes, templates, and internal controls related to contract review and risk management. * Support ...
Environmental Risk Manager
The Woodlands, TX · On-site
$107K - $110K/yr
Provides data and guidance to credit risk and commercial banking regarding commercial real estate environmental questions and issues. - Assist relationship managers to complete the WNB environmental ...
Environmental Risk Manager
The Woodlands, TX · On-site
$107K - $110K/yr
Provides data and guidance to credit risk and commercial banking regarding commercial real estate environmental questions and issues. - Assist relationship managers to complete the WNB environmental ...
Commercial Risk Manager information
What does a commercial risk manager do?
What are the key skills and qualifications needed to thrive as a commercial risk manager?
How does a commercial risk manager typically collaborate with other departments within an organization?
What is the difference between Commercial Risk Manager vs Insurance Underwriter?
| Aspect | Commercial Risk Manager | Insurance Underwriter |
|---|---|---|
| Credentials | Typically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are common | Requires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous |
| Work Environment | Works within companies to assess and mitigate risks related to commercial operations | Works for insurance companies to evaluate and price insurance policies |
| Industry Usage | Used across industries to manage business risks and ensure financial stability | Primarily in insurance companies to determine policy terms and premiums |
The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.
Do commercial risk managers make good money?
What are popular job titles related to Commercial Risk Manager jobs in Texas?
For Commercial Risk Manager jobs in Texas, the most frequently searched job titles are:
What job categories do people searching Commercial Risk Manager jobs in Texas look for?
The top searched job categories for Commercial Risk Manager jobs in Texas are:
What cities in Texas are hiring for Commercial Risk Manager jobs?
Cities in Texas with the most Commercial Risk Manager job openings:

Job description
Our core values - Stewardship, Character, Collaborate, Learn, Disrupt - are the lens through which we evaluate every business decision. As a dynamic, growing company that offers extremely competitive compensation and benefits, our employees are our most valued assets and the foundation of Expand's performance among our E&P competitors.
We seek applicants from all backgrounds to ensure we get the best, most creative talent on our team. We realize that, historically, underrepresented groups feel the need to be 100% qualified in order to apply. If you meet any combination of our requirements, we encourage you to apply. We strive to hire people from a wide variety of backgrounds, not just because it's the right thing to do, but because it makes our company stronger.
We are seeking a Quantitative Risk Manager to develop, enhance, and govern quantitative models used to value, risk assess, and explain exposures across natural gas, LNG, power, and related structured/optional physical and financial transactions in a commodity trading business. The role will partner closely with trading, structuring, origination, middle office, risk, technology, and finance to deliver decision-quality analytics, robust model governance, and scalable reporting.
This role is designed for a candidate who combines cross-commodity quantitative rigor in their quantitative risk leadership with practical energy trading valuation and risk-control orientation.
1) Quantitative Modeling, Valuation, and Analytics
- Develop and maintain quantitative models for valuation, exposure measurement, and risk assessment across physical and financial natural gas, LNG, and power portfolios
- Build and enhance models for optional and structured transactions, including storage, transport, tolling, heat-rate optionality, basis/spread structures, swing optionality, and other asset-backed or logistics-driven exposures
- Support mark-to-market, fair value, forward curve construction, volatility surfaces, scenario analysis, and P&L attribution for complex positions and portfolios
- Design and improve analytical frameworks for VaR, Expected Shortfall, stress testing, backtesting, component risk, sensitivity analysis, and scenario analysis
2) Trading and Commercial Support
- Partner directly with traders, originators, and structurers to evaluate transactions, challenge assumptions, explain model outputs, and support hedging and optimization decisions
- Translate market views, deal structures, and operational realities into actionable analytics that support commercial decisions across gas, LNG, and power
- Provide analysis of risk drivers, spread movements, optionality value, and changes in valuation or risk metrics to risk committees and senior leadership
3) Risk Framework, Controls, and Governance
- Strengthen the quantitative underpinnings of the firm's market risk framework, including model documentation, assumptions governance, testing standards, and auditability
- Lead or support model review, model validation readiness, model governance, and remediation of model limitations and control gaps
- Ensure analytics and reporting align with board-approved risk tolerances, internal policies, and evolving control requirements
4) Systems, Data, and Automation
- Build or enhance scalable analytics in Python and related tools to automate recurring calculations, improve transparency, and reduce manual risk processes
- Work with ETRM/CTRM systems and market data infrastructure to ensure robust integration of curves, positions, valuation logic, and risk outputs. Experience with systems such as Endur, Allegro, ZEMA, or comparable platforms is valuable
- Create reports, dashboards, and visualizations that communicate complex quantitative results clearly to both technical and non-technical stakeholders
- Advanced Python skills for quantitative analytics, risk engines, data pipelines, and automated reporting; familiarity with pandas, NumPy, SciPy, and production-quality coding practices is expected
- Additional programming capability in one or more of SQL, C#, C++, VBA, or similar languages
- Strong understanding of probability, statistics, stochastic modeling, option pricing, numerical methods, Monte Carlo simulation, and time-series analysis
- Experience with data visualization and reporting tools and the ability to present quantitative insights clearly to senior stakeholders
- Practical use of AI-enabled tools to accelerate coding, research, workflow automation, data exploration, or insight generation, with appropriate controls for model risk, reproducibility, and governance
- Familiarity with Git/GitHub/GitLab, software lifecycle controls, and documentation standards is highly desirable
- Strong commercial judgment with the ability to connect quantitative outputs to real trading decisions
- Clear communicator who can explain complex model behavior, assumptions, and limitations to traders, risk managers, finance, and executives
- High standards for accuracy, transparency, governance, and documentation
- Comfortable operating in a fast-moving, front-office-adjacent trading environment where priorities evolve and analytics must be both rigorous and timely
Minimum: Bachelor's degree in Mathematics, Statistics, Physics, Engineering, Computer Science, Econometrics, Finance, or Applied Economics or another quantitative discipline
Preferred: Advanced degree in Mathematics, Statistics, Physics, Engineering, Computer Science, Econometrics, Finance, or Applied Economics or another quantitative discipline
Preferred: PhD in Mathematics, Statistics, Physics, Engineering, Computer Science, Econometrics, Finance, or Applied Economics or another quantitative discipline
- Strong experience in quantitative risk, quantitative analytics, structuring, valuation, or model development in a commodity trading, energy trading, merchant energy, utility trading, hedge fund, or investment banking environment.
- Demonstrated hands-on experience modeling, valuing, and risk assessing instruments and portfolios in natural gas, LNG, and power.
- Strong understanding of both physical and financial commodity markets, including forwards, swaps, options, structured transactions, and asset-backed exposures.
- Experience with market risk metrics, including VaR/GMaR/EaR/stress/scenario frameworks, and the ability to explain risk in a trading context rather than only from a theoretical perspective.
- Experience in asset-backed trading, including storage, transport, generation, renewables, batteries, or tolling structures in North America gas markets.
- Proven success working cross-functionally with front office, risk, operations, finance, and technology teams.
- Experience spanning both financial trading and physical energy trading, especially where the role bridged derivatives pricing with logistics, dispatch, storage, or LNG optionality
- Model validation, model governance, or formal model review experience
- Exposure to LNG portfolio modeling, shipping/scheduling optionality, or international gas/LNG valuation frameworks
- Experience supporting power market analytics such as nodal pricing, CRRs/FTRs, heat-rate modeling, dispatch logic, congestion analysis, or ISO/RTO market behavior
- Ability to mentor junior analysts and influence standards for quantitative methods across the organization
Expand Energy takes necessary action to ensure that all applicants are treated without regard to their race, color, religion, sex, sexual orientation, age, gender identity, national origin, genetic information, disability, pregnancy, military or veteran status or any other protected characteristic as established by law.
Expand Energy Corporation's operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States.
About Expand Energy
Sourced by ZipRecruiter
Company size
1,001 - 5,000 Employees
Headquarters location
Oklahoma City, OK, US