1

Commercial Risk Manager Jobs in Houston, TX (NOW HIRING)

Act as the risk management subject matter expert on assigned project, program, portfolio being ... Commercial acumen in relation to business development * Knowledge of planning tools (e.g., P6, MS ...

Act as the risk management subject matter expert on assigned project, program, portfolio being ... Commercial acumen in relation to business development * Knowledge of planning tools (e.g., P6, MS ...

This role is focused on commercial and contract governance, vendor risk management, and front-end control design -- it is not an internal audit or SOX/SOC2 compliance role. It will work closely with ...

This role is focused on commercial and contract governance, vendor risk management, and front-end control design - it is not an internal audit or SOX/SOC2 compliance role. It will work closely with ...

next page

Showing results 1-20

Commercial Risk Manager information

See Houston, TX salary details

$49.2K

$106.5K

$162.3K

How much do commercial risk manager jobs pay per year?

As of Aug 13, 2026, the average yearly pay for commercial risk manager in Houston, TX is $106,533.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,900.00 and $123,200.00 per year, depending on experience, location, and employer.

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 is responsible for identifying, assessing, and mitigating risks that could impact a company's business operations and profitability. They analyze internal and external factors, develop risk management strategies, and implement policies to minimize potential financial losses or legal liabilities. These professionals often collaborate with various departments to ensure compliance and maintain the organization's risk profile within acceptable limits.

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.

Do commercial risk managers make good money?

Commercial risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications or extensive experience. The role often involves risk assessment, insurance management, and strategic planning, which are valued skills in many organizations.

What are the key skills and qualifications needed to thrive as a commercial risk manager?

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.

What are popular job titles related to Commercial Risk Manager jobs in Houston, TX?

For Commercial Risk Manager jobs in Houston, TX, the most frequently searched job titles are:

What cities near Houston, TX are hiring for Commercial Risk Manager jobs?

Cities near Houston, TX with the most Commercial Risk Manager job openings:

Infographic showing various Commercial Risk Manager job openings in Houston, TX as of July 2026, with employment types broken down into 100% Full Time. Highlights an 83% In-person, 5% Hybrid, and 12% Remote job distribution, with an average salary of $106,533 per year, or $51.2 per hour.

Commercial Risk Pricing, Supervisor

CITGO Petroleum Corporation

Houston, TX • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 16 days ago


Citgo rating

6.4

Company rating: 6.4 out of 10

Based on 58 frontline employees who took The Breakroom Quiz

65th of 86 rated oil and gas companies


Job description

CITGO PETROLEUM CORPORATION

CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 807,000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.

At CITGO our people are our most important resource.  Our core values are Safety, Integrity, Respect, Accountability, and Care.

Job Summary

The Commercial Pricing Supervisor oversees the design, development, and maintenance of forward and market curves for all physical and derivative products represented in CITGO’s trading portfolio. This position provides leadership and strategic direction to the risk pricing team, ensuring best practices in curve design and compliance with internal and external requirements. The Supervisor manages workflow, guides analysts in ETRM price curve configurations, complex derivative instruments, and risk reporting processes. In addition, this role collaborates with cross-functional departments to implement system and process improvements and provides expert insight into ETRM portfolio valuation and exposures.

Minimum Qualifications

• Bachelors degree and 8 years of job related experience or minimum 7 years' experience in commodity market risk management with at least 2 years in a supervisory or managerial capacity preferred.

• In-depth knowledge of exchange derivative contract specifications (e.g., ICE, CME) and industry price reporting agency methodologies (e.g., Argus, Platts, OPIS) for building ETRM curves.

• Demonstrated experience establishing risk processes, managing IT systems, and leading organizational performance improvements within a risk pricing context.

• Comprehensive understanding of energy commodity market structures, with focus on crude oil, refined products, and related commodities (e.g., RINs).

• Advanced proficiency with energy trading and risk management (ETRM) software platforms (e.g., ION RightAngle) and analytical tools (e.g., Power BI).

• Strong quantitative skills in finance, economics, mathematics, or engineering.

• Excellent interpersonal and leadership skills, including communication, teamwork, conflict management, and mentoring.

Job Duties
  • Lead curve development & maintenance by overseeing the design, implementation, and continuous improvement of forward and market price curves for all physical and derivative products within the ETRM (Energy Trading and Risk Management) system. Ensure accuracy, timeliness, and data quality in price curve generation and management.
  • Team Leadership & Workflow Management of the commercial pricing/risk team responsible for market and forward curve creation, calibration, validation, and reporting. Allocate responsibilities, manage day-to-day workflow, and support professional development of team members.
  • Supervise and guide analysts in configuring price curves, market data, and valuation parameters within the ETRM system. Ensure all updates and modelling approaches are compliant with approved methodologies and business requirements.
  • Provide subject matter expertise and oversight for complex derivatives, structured products, and custom valuation models in the ETRM system.
  • Validate portfolio valuations and support reconciliation processes with other business units (Finance, Accounting, Treasury).
  • Collaborate with cross-functional stakeholders in Commercial, Risk Control, IT, and Accounting to drive process enhancements and automation initiatives related to pricing and risk management.
  • Ensure compliance with CITGO policies, SOX controls, audit requirements, and regulatory standards.
  • Participate in the design, testing, and implementation of ETRM system upgrades and new analytical tools impacting curve construction and pricing workflows. Champion data integrity, documentation, and governance best practices for all curve and pricing-related data.
  • Serve as the subject matter expert for ETRM portfolio valuation, price exposure, and risk analytics for internal partners.
Job Duties II

Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned. 

Here are the incentives we offer:

• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Caregiver Leave
• Excellent 401(k) Match
• Pension Plan

• Performance Incentive

• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic (select locations)
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)


PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Requisition ID - 1980 


What Citgo employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom