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Energy Risk Manager Jobs in California (NOW HIRING)

Senior Risk Manager

San Francisco, CA ยท On-site

$174K - $213K/yr

Act as the risk management subject matter expert on assigned project, program, portfolio being ... Experience in multiple sectors (e.g., transportation, energy, aviation etc.) and familiar with ...

Act as the risk management subject matter expert on assigned project, program, portfolio being ... Experience in multiple sectors (e.g., transportation, energy, aviation etc.) and familiar with ...

$115K - $158K/yr

How you will create an impact Energy Risk Engineers are responsible for conducting loss control surveys, managing power generation accounts as an account engineer, working with underwriters, clients ...

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Showing results 1-20

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 Jul 25, 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 qualifications do I need to be a risk manager?

To become an energy risk manager, candidates typically need a bachelor's degree in finance, economics, engineering, or a related field. Professional certifications such as the Financial Risk Manager (FRM) or Energy Risk Professional (ERP) can enhance qualifications, and strong analytical skills, knowledge of energy markets, and experience with risk management tools are also important.

What is the highest salary for a risk manager?

The highest salary for an Energy Risk Manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications, and expertise in energy markets and risk modeling. Senior risk managers or those working in large companies or specialized sectors may earn even higher compensation, including bonuses and incentives.

What is the highest paying job in renewable energy?

The highest paying roles in renewable energy often include senior positions such as Renewable Energy Director, Chief Sustainability Officer, or Energy Portfolio Manager, which can earn six-figure salaries. These roles typically require extensive experience, advanced degrees, and strong project management or technical skills in areas like solar, wind, or energy storage systems.

Are risk managers in high demand?

Energy risk managers are in high demand due to the increasing complexity of energy markets, regulatory changes, and the need to manage financial and operational risks. Employers seek professionals with strong analytical skills, knowledge of market instruments, and certifications such as FRM or PRM to effectively assess and mitigate risks in the energy sector.

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 the most commonly searched types of Energy Risk jobs in California? The most popular types of Energy Risk jobs in California 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:
Infographic showing various Energy Risk Manager job openings in California as of July 2026, with employment types broken down into 78% Full Time, 20% Part Time, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $110,095 per year, or $52.9 per hour.

Energy Risk Management- Resource Specialist

iFusion Inc.

Los Angeles, CA โ€ข On-site

$106K/yr

Other

Posted 10 days ago


Job description

Energy Risk Management- Resource Specialist
 
Location: Local to Los Angeles
 
No Cal PERS membership -This is a must!!  Include a note about any CalPERS experience - Y/N
 
 
The work schedule is hybrid.  Two days a week in office.
 
Schedule: 8:00 am โ€“ 5:30 pm Monday through Friday with alternating Fridays off.
 
 * Please note this position requires the successful completion of a background check, drug screen, employment, and education verification prior to starting work.
 
 The Senior Resource Specialist doing Quantitative Risk Modeling will work in a very busy team-oriented environment. In this role the Senior Resource Specialist with Energy Risk Management experience will be responsible for identifying, measuring, and mitigating financial and operational risks within our wholesale energy portfolio.  The Senior Resource Specialist will ensure that market volatility is managed within the organization's risk framework.  The ideal candidate will possess a deep understanding of energy commodity markets (Power, Natural Gas, Renewables) and the mathematical models used to price risk in a volatile environment
 
 *The hiring manager is asking for someone who has a minimum of 10 years of energy industry experience in energy risk management
 
 These tasks include but are not limited to:
 
 โ€ขDevelop and implement the entire ETRM workflow, including the selection and implementation of an ETRM system.
 
 โ€ขMaintain and update Energy Risk Management Policy including all risk limits.
 
 โ€ขLead and manage Risk Oversight Committee meetings.
 
 โ€ขEstablish Risk, Net Cost, and exposure management (positions, valuation curves, mark-to-market) processes, settlements and close (pricing, statement reconciliation) interfaces and integrations and market and pricing data management.
 
 โ€ขQuantitative Risk Modeling: (a) Calculate and report daily Value at Risk (VaR) and Mark-to-Market (MtM) valuation for the energy portfolio, including both physical and financial products. (b) Perform Monte Carlo simulations and stress tests to evaluate portfolio performance under extreme market conditions (e.g., weather events, infrastructure failure).
 
 โ€ขValidate forward price curves.
 
 โ€ขDevelop and automate risk reporting dashboards for executive leadership and the Risk Oversight Committee, highlighting breaches and portfolio exposures.
 
 โ€ขMiddle Office & Governance: (a) Monitor trading activity to ensure compliance with the Risk Management Policy and authorized trading limits. (b) Analyze Basis Risk (locational price differences) and Shape Risk (timing of delivery) to ensure hedging strategies are effective. Collaborate with the back office to resolve trade discrepancies and ensure data integrity within the ETRM (Energy Trading and Risk Management) system.
 
 โ€ขDemonstrate willingness and capability to leverage emerging technology, automation, and Al tools to improve efficiency, quality, and speed.
 
 โ€ขExercise sound judgment, creative thinking, and accountability for outcomes.
 
 โ€ขPerforms other related Accountant job duties as required.
 
 To be successful in this role, youโ€™ll need 6+ years of energy industry experience in an energy risk management role M.S. or Ph.D. degree in quantitative discipline (mathematics, quantitative finance, economics, statistics data science).
 
 *The hiring manager is asking for someone who has a minimum of 10+years of energy industry experience in energy risk management.