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Commercial Risk Manager Jobs in Texas (NOW HIRING)

Talen Energy

Market Risk Manager

Houston, TX · On-site

Partner with Operations, Commercial, and Finance to gather updates and validate assumptions ... risk management, portfolio analytics, trading support, FP&A, or a related role with strong ...

Talen Energy

Market Risk Manager

Houston, TX · On-site

Partner with Operations, Commercial, and Finance to gather updates and validate assumptions ... risk management, portfolio analytics, trading support, FP&A, or a related role with strong ...

Expand Energy

Market Risk Manager

Spring, TX · On-site

Strong commercial judgment with the ability to connect quantitative outputs to real trading ... traders, risk managers, finance, and executives * High standards for accuracy, transparency ...

Expand Energy

Market Risk Manager

Spring, TX

Strong commercial judgment with the ability to connect quantitative outputs to real trading ... traders, risk managers, finance, and executives * High standards for accuracy, transparency ...

GHD Group

US Commercial Manager

Houston, TX · On-site

Provide consistent commercial, risk and contract management leadership to support GHD's governance and performance throughout the project life cycle to facilitate successful outcomes with a ...

GHD

US Commercial Manager

Houston, TX · Hybrid

Provide consistent commercial, risk and contract management leadership to support GHD's governance and performance throughout the project life cycle to facilitate successful outcomes with a ...

Oxy

OxyChem Insurance Risk Manager

Dallas, TX

... 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

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 ...

Diocese of Austin

Associate Risk Manager

Austin, TX · On-site

The Associate Risk Manager reports to and supports the Director of Risk Management to administer ... commercial insurance including policy language and claims processes. • Outstanding written and ...

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Commercial Risk Manager information

How does a Commercial Risk Manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

What does a commercial risk manager do?

A commercial risk manager identifies, assesses, and mitigates financial and operational risks that could impact a company's commercial activities. They analyze market conditions, develop risk management strategies, and often use tools like risk assessment software to protect the organization’s assets and profitability. Strong analytical skills and industry knowledge are essential for this role.

What is the difference between Commercial Risk Manager vs Insurance Underwriter?

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily 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.

What is the highest salary for a risk manager?

The highest salaries for commercial risk managers can exceed $150,000 annually, especially for those with extensive experience, specialized certifications, or leadership roles in large organizations. Top earners often work in industries like finance, insurance, or energy and may receive bonuses and other incentives.

What are the key skills and qualifications needed to thrive as a Commercial Risk Manager, and why are they important?

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.

How much does a risk manager get paid?

A commercial risk manager's average salary in the United States ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Senior risk managers or those with specialized certifications can earn higher compensation, often exceeding $150,000 per year.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills in financial or corporate risk environments.
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:
Commercial Risk Manager jobs near you
Market Risk Manager

Market Risk Manager

Talen Energy

Houston, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago

Talen Energy rating

8.3

Company rating: 8.3 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

Job description

Talen Energy is seeking a Market Risk Manager who will be responsible for daily market risk and P&L reporting, risk limit monitoring, portfolio analytics, and cross-functional communication to ensure transparent performance and risk management. This role delivers timely executive-ready insights, maintains key reporting processes and controls, and partners with Commercial, Operations, Finance/FP&A, and Investor Relations to support decision-making.
How You'll Power the Future
At Talen Energy, your work directly supports safe, reliable power generation. In this role, you'll move beyond day-to-day contributions to drive meaningful change by:
P&L and Market Risk Reporting
  • Produce a morning preview of daily P&L and communicate key drivers.
  • Perform P&L attribution and explain results versus expectations.
  • Prepare P&L explained narratives suitable for executive and stakeholder consumption.
  • Monitor risk limits and deliver risk limit and executive reporting.
  • Maintain portfolio scorecards, dashboards, and recurring presentations.
  • Document P&L assumptions and maintain a controlled assumptions library.
  • Deliver ad hoc analysis to support trading, hedging, and management decisions.
  • Develop and maintain PTC price buildup and related supporting analytics.

Projects and Process Improvements
  • Translate and load P&L assumptions into databases to improve traceability and reporting automation.
  • Rebuild and enhance P&L reports to improve accuracy, usability, and delivery timelines.
  • Drive continuous improvement in data management, controls, and portfolio analytics views.

FP&A and Finance Partnership
  • Support Finance/FP&A with mark-to-market (MtM) valuation analysis (e.g., AWS MtM) and related reconciliations.
  • Build forward margin and portfolio value roll-forwards to support forecasting and planning.
  • Maintain and update modeling inputs (e.g., PTC inputs) and related documentation.
  • Prepare and maintain scorecards used for management reporting and planning processes.
  • Deliver planning outputs in required formats (e.g., Planful extracts) to internal stakeholders.

Fuel Impacts and Generation Summary
  • Run fuel impact analysis on power plants for Operations and Finance stakeholders and summarize implications for current-quarter performance.
  • Distribute results at the beginning of each month and respond to inbound questions with clear, supportable explanations.
  • Maintain repeatable processes, inputs, and controls to ensure consistent monthly delivery.

Unit Characteristics (UC) and Outage Updates
  • Send UCO requests and develop/maintain a schedule of expected unit characteristic updates for generation assets
  • Partner with Operations, Commercial, and Finance to gather updates and validate assumptions.
  • Stage UCO updates and run current-quarter (cQ) impact analysis; finalize impacts through to P&L.
  • Communicate impact analysis, document rationale, and seek required approvals.
  • Manage ad hoc UCO requests and maintain a tracker of changes and impacts, including source references.

Backup Reporting and Cross-Coverage
  • Provide backup support for presentation deck reviews, REC & EFEC reporting, and new portfolio views/analysis.
  • Provide cross-coverage for UC staging and approvals as needed.
  • Back up daily morning commercial reporting, including pricing, dashboard, position, position limit, cash month position, and position dashboard maintenance.
  • Support coal impairment processes by running cQuant with provided WACI, refreshing downstream analysis, and providing results to Finance with documented controls.

What You Have
Minimum Qualifications
  • Bachelor's degree in Finance, Economics, Engineering, Mathematics, Statistics, or a related field (or equivalent practical experience).
  • 10+ years experience in market risk management, portfolio analytics, trading support, FP&A, or a related role with strong preference in PJM power markets, plus if experience with market risk reporting for generation assets
  • Strong understanding of P&L drivers, risk metrics/limits, and valuation concepts (including mark-to-market where applicable).
  • Advanced Excel skills and ability to work with large datasets; comfort working with dashboards and recurring reporting routines.
  • Ability to synthesize complex results into clear written and verbal explanations for both technical and non-technical audiences.
  • Strong process discipline, documentation mindset, and attention to controls and data quality.

Preferred Qualifications
  • Experience in commodities/power/gas markets and hedge performance reporting.
  • Proficiency with SQL and/or Python for automation, analytics, and data validation.
  • Experience with planning and reporting tools (e.g., Planful) and BI platforms (e.g., Power BI/Tableau).
  • Familiarity with risk systems, ETRM/CTRM platforms, and/or valuation models, experience with Endure Openlink a plus
  • Demonstrated experience improving reporting processes, controls, and data pipelines.

Why Talen Energy?
Power the Future
Talen Energy is one of the largest competitive energy and power generation companies in North America. We operate power plants that use diverse fuel sources in the most attractive wholesale power markets and sell energy
to wholesale and retail customers in selected competitive markets. Our passion for excellence grows value through safe and efficient operations. We have an inclusive, diverse, respectful, and collaborative workplace, and a strong commitment to innovation, teamwork, and integrity. We generate energy for a brighter tomorrow.
Collaboration
Our passion for excellence grows value through safe and efficient operations. We have an inclusive, diverse, respectful, and collaborative workplace.
Talen Energy offers an exceptional benefits program to its employees. Benefits include comprehensive health, dental, vision, prescription plans, life insurance, and disability insurance. In addition, employees are eligible to participate in Talen Energy's 401(k) plan. Talen Energy also provides competitive vacation and sick time to its employees.
We are committed to providing a safe, drug and alcohol-free workplace. Consistent with applicable law and any collective bargaining agreements, positions may be subject to pre-employment, random, post-accident, and reasonable suspicion drug and alcohol testing.
Talen Energy is an equal opportunity, affirmative action employer dedicated to diversity and the strength it brings to the workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, sex, religion, national origin, veteran status, sexual orientation, genetic information, gender identity, disability, perceived disability or any other protected characteristic as may be defined by applicable law.
If you need assistance with the application process, please email us at Careers@talenenergy.com
Please note that roles supporting Talen Energy's nuclear facilities are subject to rigorous background investigation and security clearance requirements consistent with federal regulatory standards.
Note to Search Firms and Recruitment Agencies
Talen Energy is committed to fostering direct engagement with prospective candidates and managing our recruitment activities internally. From time to time, Talen Energy and its companies partner with select executive search firms and recruitment agencies under formal, written agreements aligned to specific business needs.
Talen Energy does not accept unsolicited resumes or candidate submissions from search firms or agencies without a current fully executed agreement authorized by an appropriate company representative. Any candidate information submitted in the absence of such an agreement will be considered the property of Talen Energy, and neither Talen Energy nor its subsidiaries will be obligated to pay any fees or compensation related to those submissions.
Note: You will have an opportunity to add attachments to your application. Please use this opportunity to upload your resume, cover letter, and any relevant documents .

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