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Energy Risk Manager Jobs in California (NOW HIRING)

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Energy Risk Manager information

See California salary details

$50.8K

$110.1K

$167.8K

How much do energy risk manager jobs pay per year?

As of Jun 1, 2026, the average yearly pay for energy risk manager 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 the difference between Energy Risk Manager vs Energy Analyst?

AspectEnergy Risk ManagerEnergy Analyst
CredentialsCertifications like FRM, energy-specific risk certificationsOften holds degrees in finance, economics, or energy studies
Work EnvironmentFocus on risk assessment, trading desks, financial modelingData analysis, market research, reporting
Employer & Industry UsageFinancial institutions, energy companies, trading firmsEnergy companies, consulting firms, market research

While both roles involve understanding energy markets, the Energy Risk Manager primarily focuses on identifying and mitigating financial risks related to energy trading and investments. The Energy Analyst conducts market research and data analysis to inform decision-making. The Risk Manager's role is more strategic and risk-focused, whereas the Analyst provides supporting insights.

What are popular job titles related to Energy Risk Manager jobs in California? For Energy Risk Manager jobs in California, the most frequently searched job titles are:
What job categories do people searching Energy Risk Manager jobs in California look for? The top searched job categories for Energy Risk Manager jobs in California are:
What cities in California are hiring for Energy Risk Manager jobs? Cities in California with the most Energy Risk Manager job openings:
Senior Resource Specialist - Energy Risk Management

Senior Resource Specialist - Energy Risk Management

TPS Group LLC

Los Angeles, CA

$76.15 - $84.71/hr

Other

Posted 12 days ago


Job description

Senior Resource Specialist - Energy Risk Management
Power Operating & Planning Section
Location: Los Angeles, CA (Union Station)
Duration: 6-month assignment with potential to extend/convert to FTE
Schedule: Monday-Friday, 8:00 AM - 5:30 PM with alternating Fridays off
Pay Rate: $76.15 - $84.71/hour
Position Summary
The Senior Resource Specialist provides advanced technical and analytical expertise in support of Energy Risk Management activities within Metropolitan's Power Operating & Planning Section. This role is responsible for identifying, measuring, monitoring, and mitigating financial and operational risks associated with Metropolitan's wholesale energy portfolio, including Power, Natural Gas, and Renewable energy markets.
The ideal candidate will have extensive experience in energy risk management, strong quantitative modeling capabilities, and deep knowledge of wholesale energy markets and ETRM systems. This position works in a fast-paced, collaborative environment supporting strategic energy operations and compliance with organizational risk policies.
Key Responsibilities
  • Develop and manage the full Energy Trading & Risk Management (ETRM) workflow, including system implementation and administration.
  • Maintain Energy Risk Management policies, risk limits, and governance procedures.
  • Lead Risk Oversight Committee meetings and provide executive-level risk reporting.
  • Calculate and report daily Value at Risk (VaR) and Mark-to-Market (MtM) valuations.
  • Perform stress testing, scenario analysis, and Monte Carlo simulations to evaluate portfolio risk exposure.
  • Validate forward pricing curves and support valuation processes.
  • Monitor trading activity to ensure compliance with approved risk limits and policies.
  • Analyze basis risk, shape risk, and portfolio exposure to support effective hedging strategies.
  • Develop and automate dashboards and reporting tools for leadership and operational teams.
  • Coordinate with middle office and back-office teams to resolve trade discrepancies and maintain ETRM data integrity.
  • Support strategic planning, operational analysis, and process improvement initiatives.
  • Leverage automation, emerging technologies, and AI tools to improve efficiency and reporting capabilities.
  • Prepare presentations, reports, and technical recommendations for leadership and stakeholders.
  • Perform related duties and special projects as assigned.
Minimum Qualifications
Education
Bachelor's degree from an accredited college or university in Finance, Economics, Mathematics, Statistics, Engineering, Data Science, Quantitative Finance, or a related field.
Preferred: Master's degree or Ph.D. in a quantitative discipline.
Experience
  • Minimum of 8 years of relevant experience in energy risk management, wholesale energy markets, or energy trading operations.
  • Strong preference for candidates with 10+ years of energy industry experience in an Energy Risk Management role.
  • Experience with ETRM systems, quantitative risk modeling, and wholesale power markets required.
Required Knowledge & Skills
  • Energy commodity markets, trading operations, and risk management practices
  • VaR, MtM valuation, stress testing, and quantitative modeling methodologies
  • ETRM systems and market data management
  • Strong analytical, problem-solving, and organizational skills
  • Excellent written and verbal communication skills
  • Ability to manage multiple priorities in a high-pressure environment
  • Strong collaboration and stakeholder management abilities
  • Proficiency with Microsoft Office and analytical/reporting tools
Preferred Qualifications
  • Experience with CAISO markets
  • Experience with Python, SQL, Power BI, or related analytical tools
  • Experience implementing or supporting ETRM platforms
  • Professional certifications related to energy trading, finance, or risk management
Additional Requirements
  • Local Southern California candidates only
  • No CalPERS membership
  • No H1B candidates
  • Strong attention to detail, adaptability, and team-oriented mindset required