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Energy Risk Management Jobs in California (NOW HIRING)

... management, the Department of Energy, and external review committees. The work shall be performed in accordance with applicable requirements and guidance, including DOE Order 413.3B, DOE risk ...

Risk Analyst

San Diego, CA · On-site

$70K - $88K/yr

Job Summary (includes but is not limited to the following, other duties may be assigned) The Risk Analyst plays a critical role within Calpine Energy Solutions' risk management functions. This ...

Risk Analyst

San Diego, CA · On-site

$70K - $88K/yr

Job Summary (includes but is not limited to the following, other duties may be assigned) The Risk Analyst plays a critical role within Calpine Energy Solutions' risk management functions. This ...

Risk Specialist

Sacramento, CA

$75K - $105K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Manage the client's risk register, ensuring proper coordination between programlevel and project ... energy. Collaborating closely with our clients, we have successfully delivered complex and high ...

Director, Market Risk Control

Newport Beach, CA · On-site +1

  • Medical

  • Dental

  • Vision

  • Retirement

Our diverse management team has many decades of experience in the renewable energy, utility, and ... Build the Risk Control Function * Establish and lead esVolta's market risk control framework ...

Risk Specialist

Sacramento, CA · On-site

$75K - $105K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Manage the client's risk register, ensuring proper coordination between programlevel and project ... energy. Collaborating closely with our clients, we have successfully delivered complex and high ...

Risk Specialist

Sacramento, CA · On-site

$75K - $105K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Manage the client's risk register, ensuring proper coordination between programlevel and project ... energy. Collaborating closely with our clients, we have successfully delivered complex and high ...

Senior Risk Manager

San Francisco, CA · On-site

$174K - $213K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Act as the risk management subject matter expert on assigned project, program, portfolio being ... Controls Management background. * Experience in multiple sectors (e.g., transportation, energy ...

Senior Risk Manager

San Francisco, CA · On-site

$174K - $213K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Act as the risk management subject matter expert on assigned project, program, portfolio being ... Controls Management background. * Experience in multiple sectors (e.g., transportation, energy ...

Sr. Manager GRC

San Jose, CA · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

... Risk, and Compliance) will lead the strategy, implementation, and effective management of Bloom Energy's GRC framework. The ideal candidate will be focusing on aligning security policies/procedures ...

Sr. Manager GRC

San Jose, CA · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

... Risk, and Compliance)will lead the strategy, implementation, and effective management of Bloom Energy's GRC framework. The ideal candidate will be focusing on aligning security policies/procedures ...

Project Manager - Energy

Redwood City, CA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Commercial, Contract, and Risk Management * Develop and manage the project risks, scope gap, and/or scope creep; mitigate impacts by aligning internal and external resources. * Assist SB Energy Legal ...

Showing results 21-40

Energy Risk Management information

See California salary details

$50.8K

$110.1K

$167.8K

How much do energy risk management jobs pay per year?

As of Aug 13, 2026, the average yearly pay for energy risk management in California is $110,095.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,800.00 and $127,300.00 per year, depending on experience, location, and employer.

What is energy risk management?

Energy risk management is the process of identifying, assessing, and mitigating risks associated with the production, trading, and consumption of energy commodities such as oil, gas, and electricity. Professionals in this field use a variety of tools and strategies to manage price volatility, regulatory changes, supply disruptions, and market uncertainties. Their goal is to protect organizations from financial losses and ensure stability in energy costs. This involves evaluating market trends, implementing hedging strategies, and complying with industry regulations.

What is the difference between Energy Risk Management vs Energy Trading?

AspectEnergy Risk ManagementEnergy Trading
Primary FocusIdentifying, assessing, and mitigating energy price and supply risksBuying and selling energy commodities to profit from market movements
Skills & CertificationsRisk analysis, financial modeling, certifications like FRM or PRMMarket analysis, trading strategies, certifications like Series 7 or CMT
Work EnvironmentCorporate risk departments, energy companies, utilitiesTrading floors, energy firms, financial institutions

Energy Risk Management focuses on reducing exposure to energy market volatility, while Energy Trading involves actively buying and selling energy commodities for profit. Both roles require strong analytical skills and industry knowledge but serve different strategic purposes within the energy sector.

What are common challenges faced by professionals in energy risk management, and how are they typically addressed?

Professionals in Energy Risk Management often encounter challenges such as market volatility, regulatory changes, and data complexity. Navigating fluctuating energy prices and adapting to evolving regulations require staying current with industry trends and maintaining flexible risk strategies. Teams usually address these challenges through robust risk assessment models, frequent scenario analysis, and close collaboration with trading, compliance, and analytics departments. Effective communication and a proactive approach to risk identification are also essential to manage uncertainties in the energy sector.

What are the key skills and qualifications needed to thrive in energy risk management, and why are they important?

To thrive in Energy Risk Management, you need a solid background in finance, mathematics, and energy markets, often supported by a relevant degree such as finance, economics, engineering, or a related field. Familiarity with risk assessment tools, trading platforms, and certifications like FRM (Financial Risk Manager) or ERP (Energy Risk Professional) is highly valued. Strong analytical thinking, attention to detail, and effective communication are key soft skills for interpreting complex data and collaborating with stakeholders. These skills and qualifications are crucial for identifying, assessing, and mitigating financial and operational risks in the volatile energy sector.
What are popular job titles related to Energy Risk Management jobs in California? For Energy Risk Management jobs in California, the most frequently searched job titles are:
Infographic showing various Energy Risk Management job openings in California as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $110,095 per year, or $52.9 per hour.

Full-time

Posted 4 days ago


Job description

Spectra Tech has an immediate need for an experienced Senior Project Risk Manager to lead, administer, and continuously improve the ALS-U integrated risk-management program in Berkeley, CA.

The work shall support identification, assessment, quantification, mitigation, monitoring, escalation, and reporting of technical, cost, schedule, procurement, installation, operational, organizational, and external project risks and opportunities. The Senior Project Risk Manager shall provide independent, objective, and decision-ready risk information to ALS-U Project leadership and shall work closely with the Project Director, Project Manager, Chief Engineer, Technical Project Managers, Project Controls Manager, Control Account Managers, functional leads, risk owners, Laboratory management, the Department of Energy, and external review committees. The work shall be performed in accordance with applicable requirements and guidance, including DOE Order 413.3B, DOE risk-management guidance, the approved ALS-U Project Execution Plan, the ALS-U Risk Management Plan, and applicable policies and procedures. 

Responsibilities shall include: Maintain and periodically update the ALS-U Risk Management Plan, supporting procedures, risk taxonomy, scoring criteria, and governance cadence. Maintain the project risk register and associated configuration-controlled records. Serve as the principal project advisor on risk-management matters. Provide independent and objective assessments of threats and opportunities affecting project scope, cost, schedule, technical performance, installation readiness, commissioning, and achievement of Key Performance Parameters. Facilitate the ALS-U Risk Management Board and focused risk reviews. Develop meeting agendas, document decisions, track assigned actions, and elevate unresolved or inadequately managed risks to project leadership. Establish and maintain a disciplined risk-management process in which assumptions are explicit, ownership is assigned, mitigation commitments are traceable, and material information is communicated promptly. 

Responsibilities shall include: Facilitate project-wide risk workshops, subsystem risk reviews, schedule-risk sessions, lessons-learned reviews, and targeted risk deep dives. Participate in technical, procurement, vendor-performance, installation-readiness, commissioning-readiness, staffing, space, logistics, and other project reviews to identify relevant risks and opportunities. Develop and maintain risk statements that clearly identify the causal event, affected condition, and potential consequence. Ensure risk entries include defensible probability, cost, schedule, technical, and programmatic bases. Maintain complete and current risk information in Safran Risk Manager or another approved system. Document risk ownership, affected Work Breakdown Structure elements, triggers, handling strategies, mitigation actions, due dates, retirement criteria, residual exposure, and supporting rationale. Identify cross-cutting, systemic, correlated, and compounding risks that may not be visible within individual control accounts or technical systems. Reconcile risk assumptions with the Integrated Master Schedule, Basis of Estimate documentation, procurement plans, technical maturity assessments, staffing plans, change-control actions, funding assumptions, and other project-control records. 

Responsibilities shall include: Develop and maintain integrated cost and schedule risk-analysis models using Safran Risk or other LBNL-approved tools. Perform Monte Carlo simulation, sensitivity analysis, scenario analysis, estimateuncertainty analysis, schedule-uncertainty analysis, risk correlation, and confidence-level assessment. Evaluate the realism and quality of probability distributions, risk impacts, estimate uncertainty, schedule uncertainty, correlation assumptions, mitigation assumptions, and retirement timing. Coordinate with Project Controls to map risk events and mitigation actions to P6 activities, milestones, cost estimates, control accounts, critical and near-critical paths, schedule margin, and contingency forecasts. Evaluate cost and schedule contingency adequacy and changes in exposure. Reconcile modeled exposure with available contingency, realized risks, retired risks, emerging threats, and approved baseline changes. Interpret quantitative results for technical and nontechnical audiences, including principal risk drivers, assumptions, limitations, sensitivity, and changes from prior analyses. Support baseline-change proposals, recovery plans, acceleration strategies, funding scenarios, independent cost reviews, and DOE reviews. 

Responsibilities shall include: Assist risk owners in developing specific, measurable, time-phased, and adequately resourced mitigation plans. Evaluate whether proposed mitigation actions are likely to reduce probability or impact as intended. Track mitigation commitments, trigger conditions, due dates, retirement milestones, effectiveness measures, and residual exposure. Identify overdue, stalled, inadequately resourced, or ineffective mitigation actions. Escalate material concerns when risk information is not maintained, mitigation actions are not progressing, exposure is increasing, or project decisions are inconsistent with the documented risk posture. Distinguish risks from realized issues, assumptions, constraints, opportunities, and management actions and ensure each is addressed through the appropriate project process. Preserve the responsibility of Technical Project Managers, System Leads, CAMs, and designated risk owners for executing assigned mitigation actions while maintaining accountability for the integrity of the overall risk-management process. 

Responsibilities shall include: Conduct forward-looking assessments of critical-path and near-critical-path work. Evaluate vendor-delivery exposure, staffing constraints, funding scenarios, workspace limitations, installation sequencing, technical interfaces, construction readiness, commissioning readiness, and off-project dependencies. Assess risks associated with design maturity, procurement performance, fabrication, installation, testing, commissioning, and transition to operations. Evaluate proposed management decisions, baseline changes, recovery strategies, and acceleration scenarios for secondary effects and changes in risk exposure. Monitor external dependencies, including DOE actions, funding profiles, regulatory approvals, tariffs, supply-chain conditions, institutional commitments, labor availability, and interfacing organizations. Support management assessments and focused analyses requested by project leadership. 

Responsibilities shall include: Prepare monthly risk reports identifying top project risks, emerging risks, changes in exposure, mitigation status, contingency implications, and matters requiring leadership action. Develop and present risk briefings to project leadership, Laboratory management, DOE representatives, review committees, CAMs, and technical teams. Provide risk-analysis inputs to monthly reporting, forecasting, change control, rebaseline documentation, project reviews, and management decision packages. Maintain auditable records of Risk Management Board decisions, risk acceptance, ownership changes, mitigation commitments, retirement decisions, model assumptions, and quantitative-analysis results. Respond to review recommendations, information requests, and corrective-action requirements affecting the risk-management program. Support development of DOE-facing narratives and presentations concerning project risk posture, contingency, and mitigation effectiveness. 

Responsibilities shall include: Develop and deliver role-based risk-management training for project personnel. Establish practical guidance and quality checks for risk statements, impact estimates, mitigation plans, ownership, triggers, residual exposure, and retirement criteria. Benchmark ALS-U practices against DOE capital-project experience and recognized project-risk-management standards. Recommend improvements appropriate to the project's execution phase. Support lessons-learned activities and continuous improvement of risk-management tools, procedures, and reporting. 

Required Qualifications: Bachelor's degree in engineering, construction management, project management, business, economics, applied mathematics, statistics, or a related discipline, and at least eight years of progressively responsible experience in project risk management, project controls, cost estimating, scheduling, or management of complex capital projects; or an equivalent combination of education and experience. Experience leading or administering risk management for a large, technically complex capital project, construction program, scientific facility, infrastructure program, aerospace or defense program, or comparable high-consequence undertaking. Experience developing and maintaining project risk registers. Experience facilitating risk workshops and senior-level risk reviews. Experience assigning and tracking risk ownership and mitigation actions. Experience performing or directing quantitative cost and schedule risk analysis. Experience with Monte Carlo simulation, estimate uncertainty, schedule uncertainty, sensitivity analysis, and contingency confidence-level assessment. Experience integrating risk information with an Integrated Master Schedule, cost estimate, Estimate at Completion, change-control process, and project performance reporting. Experience producing executive-level risk assessments and defending methodology, assumptions, and results before senior management or independent reviewers. Experience working across technical, project-management, project-controls, procurement, construction, operations, and institutional support organizations. Strong analytical writing, presentation, facilitation, and executive-communication skills. Ability to challenge unsupported assumptions, raise unfavorable information, and escalate material concerns while maintaining constructive working relationships. Strong records-management and configuration-control discipline. 

Preferred Qualifications: Experience supporting a DOE Order 413.3B capital asset project or comparable federally governed major project. Working knowledge of DOE Guide 413.3-7A or comparable capital-project riskmanagement guidance. Experience with Safran Risk Manager and Safran Risk. Proficiency with Primavera P6. Familiarity with earned-value systems and EVMS concepts. Experience supporting a project rebaseline, baseline deviation, recovery plan, independent cost estimate, external review, or major corrective-action effort. Experience with accelerator facilities, scientific user facilities, installation-intensive projects, industrial construction, aerospace, defense, or other highly integrated technical programs. Professional certification such as PMI Risk Management Professional, Project Management Professional, AACE certification, or equivalent. Advanced degree in a relevant technical, analytical, or management discipline. 

Employment Type: Full-Time Employee