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Energy Risk Management Jobs in California (NOW HIRING)

SB Energy

Project Manager - Energy

Redwood City, CA · On-site

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 ...

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All JobsEnergy Risk Management JobsEnergy Risk Management Jobs in California

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 Jun 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 some 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:
What job categories do people searching Energy Risk Management jobs in California look for? The top searched job categories for Energy Risk Management jobs in California are:
Energy Risk Management jobs near you
Infographic showing various Energy Risk Management job openings in California as of June 2026, with employment types broken down into 100% Full Time. Highlights an 86% In-person, and 14% Remote job distribution, with an average salary of $110,095 per year, or $52.9 per hour.
Risk Analyst, Principal - OGO/Fresno/Sacramento/Stockton

Risk Analyst, Principal - OGO/Fresno/Sacramento/Stockton

Pacific Gas and Electric Company

Oakland, CA • On-site

$244K/yr

Full-time

Posted 13 days ago

Pacific Gas and Electric Company rating

9.0

Company rating: 9.0 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

Job description

Requisition ID # 172687
Job Category: Compliance / Risk / Quality Assurance
Job Level: Manager/Principal
Business Unit: Strategy & Growth
Work Type: Hybrid
Job Location: Oakland; Fresno; Sacramento; Stockton
Department Overview:
The Strategy and Growth functional area is dedicated to long-term strategic and infrastructure planning. With electricity demand expected to double over the next 15 years, we're building an energy system of the future for the world's fourth-largest economy. It includes Energy Policy and Procurement, Strategy and Innovation, Integrated Long-Term Planning, and the Commercial Growth Organization.
Position Summary:
The Risk Analyst is responsible for supporting an effective and efficient safety risk management program for an assigned operations line of business (i.e., Gas, Electric). The position develops and implements a risk management framework, consults across the line of business to analyze risks and develop mitigation plans. Develops and maintains an asset risk register, coordinating with the various asset family owners across the line of business, to track operational and enterprise risks and the execution and effectiveness of risk mitigation activities. Serves as a liaison with the enterprise risk management function, ensuring alignment and common understanding of risks. Prepares reporting and analysis for the line of business and the enterprise. Responds to GRC and other regulatory data requests, including the supporting analysis.
PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate the successful candidate hired into this role will be placed towards the middle or entry point of the range, the decision will be made on a case-by-case basis related to these factors.
A reasonable salary range is:
Bay Area Minimum: $144,000.00
Bay Area Maximum: $244,000.00
California Minimum: $137,000.00
California Maximum: $232,000.00
Responsibilities:
  • Serves as a subject matter expert (SME) for operational / business risk strategy within assigned line of business. Leads risk assessment efforts across line of business. in accordance with PG&E standard practice.
  • May own risk register or collaborate with leadership on its development and maintenance. Oversees coordination of updates working with asset family stakeholders and risk champions.
  • Provides process support, advice, and recommendations to ensure effective risk management within the business.
  • Works with line of business clients to develop, implement, and monitor appropriate risk mitigation activities and controls.
  • Recognizes and communicates internal and external developments that may impact risks.
  • Leverages risk information to understand and challenge business decisions.
  • Supports development of best practices in risk management across line of business.
  • Develops and coordinates the preparation of presentation materials for various levels of management, including executives.
  • Coaches less experienced risk analysts.
  • Participates in established risk management forums at the enterprise level.

Qualifications:
Minimum Qualifications:
  • Bachelor's degree or equivalent experience
  • Ten years of experience in risk management, utility operations, and/or related field

Desired Qualifications:
  • Engineering degree
  • Certification in risk management, quality engineering, or safety engineering
  • Master's degree
  • Extensive knowledge of risk analysis and assessment
  • Knowledge of gas and/or electric operations business
  • Strong communication skills for all levels of organization, both verbal and in writing
  • Project management skills
  • Ability to work across multiple functions and build strong working relationships
  • Ability to facilitate decision-making
  • Ability to synthesize complex issues into easy-to-understand concepts
  • Ability to influence varying levels of leadership and collaborate with cross-functional teams
  • Ability to manage multiple competing priorities to completion
  • Ability to handle confidential and sensitive information
  • Ability to engage appropriate SMEs in problem-solving teams
  • Ability to multi-task and meet critical deadlines while delivering high quality work products

Purpose, Virtues and Stands
Our Purpose explains "why" we exist:
  • Delivering for our hometowns
  • Serving our planet
  • Leading with love

Our Virtues capture "who" we need to be:
  • Trustworthy
  • Empathetic
  • Curious
  • Tenacious
  • Nimble
  • Owners

Our Stands are "what" we will achieve together:
  • Everyone and everything is always safe
  • Catastrophic wildfires shall stop
  • It is enjoyable to work with and for PG&E
  • Clean and resilient energy for all
  • Our work shall create prosperity for all customers and investors

More About Our Company
EEO
Pacific Gas and Electric Company is an Equal Employment Opportunity employer that actively pursues and hires a workforce that reflects the hometowns we serve. All qualified applicants will receive consideration for employment without regard to race, color, national origin, ancestry, sex, age, religion, physical or mental disability status, medical condition, protected veteran status, marital status, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic information or any other factor that is not related to the job.
Employee Privacy Notice The California Consumer Privacy Act (CCPA) goes into effect on January 1, 2020. CCPA grants new and far-reaching privacy rights to all California residents. The law also entitles job applicants, employees and non-employee workers to be notified of what personal information PG&E collects and for what purpose. The Employee Privacy Notice can be accessed through the following link: Employee Privacy Notice
PG&E will consider qualified applicants with arrest and conviction records for employment in a manner consistent with all state and local laws.

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