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Financial Risk Manager Jobs in Richmond, TX (NOW HIRING)

Portfolio Risk Manager

Houston, TX · On-site

$105K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

The Renewable Portfolio Risk Manager designs and operates the risk framework for utility‑scale ... Bachelor's degree or foreign equivalent in Engineering, Finance, Economics, or closely related ...

Our operations span across physical and financial trading, logistics, and risk management. We leverage sophisticated technologies and trading platforms to maximize market opportunities and manage ...

Credit Risk Manager, Vice President

Houston, TX · Hybrid

$142K - $180K/yr

  • Medical

  • Retirement

  • PTO

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial ... Support and mentor analysts and associates in credit risk management process Deal Support * Work ...

Support monitoring of any changes in forward positions and hedges, alerting the Director, Risk Management and providing consultation to the FP&A organization on budget projections. * Research P&L ...

Support monitoring of any changes in forward positions and hedges, alerting the Director, Risk Management and providing consultation to the FP&A organization on budget projections. * Research P&L ...

Energy Systems Modeler

Houston, TX

$86K - $108K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Translate complex model outputs into actionable insights for decision-makers, including engineers, project managers, and policymakers. * Work with multidisciplinary teams, including modelers ...

... Finance, given how tightly this role works with them. Responsibilities * Manage day-to-day ... Build and own portfolio-wide risk reporting -- aggregate bond capacity, exposure, and insurance ...

Risk Analyst

Houston, TX · On-site

  • Medical

  • Retirement

Working closely with our Risk Manager and cross-functional teams, you'll contribute to loss reduction, financial efficiencies, and operational resilience. Here's a snapshot of your responsibilities:

Director, Risk Management

Houston, TX · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Bachelor's degree in Finance, Accounting, Economics, Business Administration, Engineering ... risk manager, front office trader, or originator preferred * Minimum 5 years of experience ...

Director of Risk Management

Houston, TX · On-site

$160K - $180K/yr

Identify operational, legal, financial, environmental, and reputational risks across the real ... Risk Manager Education: * Master's degree such as MBA or MS Risk Management preferred. * A Juris ...

Director, Risk Management

Houston, TX · On-site

$180 - $280/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Bachelor's degree in Finance, Accounting, Economics, Business Administration, Engineering ... risk manager, front office trader, or originator preferred * Minimum 5 years of experience ...

Showing results 21-40

Financial Risk Manager information

See Richmond, TX salary details

$41.9K

$90.9K

$138.5K

How much do financial risk manager jobs pay per year?

As of Aug 18, 2026, the average yearly pay for financial risk manager in Richmond, TX is $90,855.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,300.00 and $105,100.00 per year, depending on experience, location, and employer.

What does a financial risk manager do?

A Financial Risk Manager (FRM) is responsible for identifying, analyzing, and mitigating financial risks within an organization. Their work involves assessing threats related to credit, market, operational, and liquidity risk, and developing strategies to minimize potential losses. FRMs use quantitative analysis, financial modeling, and risk assessment tools to advise decision-makers on risk exposures. They play a vital role in ensuring that a company remains compliant with financial regulations and maintains financial stability.

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

To thrive as a Financial Risk Manager, you need a strong background in finance, quantitative analysis, and risk assessment, typically supported by a relevant degree and certifications like FRM or CFA. Expertise in risk modeling software, statistical tools such as SAS or R, and financial reporting systems is highly valued. Exceptional analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These skills and qualities are crucial for accurately identifying, assessing, and mitigating financial risks to protect organizational assets and ensure regulatory compliance.

What are some common challenges financial risk managers face when working with cross-functional teams?

Financial Risk Managers often collaborate with departments such as treasury, compliance, and IT to identify and mitigate risks. One common challenge is aligning risk management strategies with diverse departmental goals, which may sometimes conflict with each other. Effective communication and negotiation skills are essential to ensure all stakeholders understand the risk implications of their decisions. Additionally, adapting to rapidly changing regulations and market conditions can create pressure to quickly update risk models and processes.

What is the difference between Financial Risk Manager vs Credit Analyst?

AspectFinancial Risk ManagerCredit Analyst
CertificationsFRM, CFAFitch, CFA
Work EnvironmentFinancial institutions, banks, investment firmsBanks, lending institutions, credit agencies
Primary FocusAssessing and managing overall financial risksEvaluating creditworthiness of borrowers
Industry UsageRisk management departments, trading floorsLoan departments, credit risk units

While both roles involve financial analysis, a Financial Risk Manager focuses on identifying and mitigating broad financial risks across an organization, often requiring advanced certifications like FRM or CFA. A Credit Analyst specializes in assessing individual borrowers' creditworthiness to inform lending decisions. Both roles are vital in financial institutions but serve different strategic purposes.

Do financial risk managers make good money?

Financial risk managers typically earn competitive salaries that vary by industry, experience, and location. According to industry data, median annual pay often exceeds $100,000, with senior roles and certifications like FRM or CFA increasing earning potential. They also benefit from bonuses and other incentives based on performance and risk management success.

Is it hard to become a financial risk manager?

Becoming a financial risk manager typically requires a strong background in finance, economics, or related fields, along with relevant certifications such as the FRM or CFA. The role involves developing analytical skills, understanding financial models, and often gaining experience in risk analysis or financial analysis, which can take several years of education and work experience to achieve.

Is risk management in finance a good career?

A career as a financial risk manager involves analyzing and mitigating financial risks for organizations, often requiring strong analytical skills, knowledge of financial instruments, and certifications like FRM or CFA. It offers opportunities in banking, investment firms, and corporations, with a focus on quantitative analysis and regulatory compliance. The role can be rewarding for those interested in finance and risk assessment, with a stable job outlook and competitive salary potential.

What are popular job titles related to Financial Risk Manager jobs in Richmond, TX?

For Financial Risk Manager jobs in Richmond, TX, the most frequently searched job titles are:

What job categories do people searching Financial Risk Manager jobs in Richmond, TX look for?

The top searched job categories for Financial Risk Manager jobs in Richmond, TX are:

What cities near Richmond, TX are hiring for Financial Risk Manager jobs?

Cities near Richmond, TX with the most Financial Risk Manager job openings:

Portfolio Risk Manager

COBRA INDUSTRIAL ACTIVITIES INC

Houston, TX • On-site

$105K - $125K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 17 days ago


Job description

Benefits:
  • 401(k)
  • 401(k) matching
  • Bonus based on performance
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Position Summary:
The Renewable Portfolio Risk Manager designs and operates the risk framework for utility‑scale and distributed renewable assets, power purchase agreements (PPAs), renewable energy certificates (RECs), and related market exposures. This role blends quantitative modeling, commercial negotiation support, regulatory compliance, and cross‑functional program delivery to keep the portfolio within risk appetite while enabling growth.
Key Responsibilities:
  • Develop and deploy commercial trading and hedging strategies to maximize the profitability of Cobra’s renewable assets while managing market risks.
  • Build tools internally to evaluate the risk allocated to our own assets, the expected revenues according to price forecasts. Drive automation of reporting, trade capture, and risk dashboards to improve accuracy and decision-making speed.
  • Develop and execute strategy for forward hedging of Storage and solar assets
  • Develop strategies and execute trades with the Congestion Trading team to assess congestion risks in the respective Independent System Operators (ISOs) as well as Build and deploy strategies for Day-Ahead offers for a large portfolio of solar PV farms.
  • Articulate and execute hedging strategies deploying different instruments according to various risk profiles, including energy hedges, options, Virtuals, Point-to-Point transactions, Firm Transmission Rights (FTR)/Transmission Congestion Rights (TCR)/Congestion Revenue Rights (CRR), and Intercontinental Exchange (ICE) financial power transactions.
  • Analyze and discuss the commercial terms of existing and upcoming Power Purchase Agreements (PPAs), identifying the underlying risks, and proposing alternative language and/or risk mitigation strategies.
  •  Analyze and price option strategies designed to reduce tail-end risk exposure to market volatility and inherent asset offtake structures
  • Being up to date on the Regulation of the markets in which we already have presence like MISO and ERCOT. Prepare automated reports for the management.
  • Give support to M&A activities regarding merchant prices, ancillary services capacity markets, RECs
  • Leverage advanced data analytics, machine learning forecasts, or fundamental modeling to improve price forecasting, congestion analysis, and risk assessment
 
Qualifications:
  • Bachelor’s degree or foreign equivalent in Engineering, Finance, Economics, or closely related field.
  • A minimum of 5-year experience in similar role within the Renewable Energy sector.
  • Used to work in an international environment and different geographies is a plus.
  • Domain Microsoft Office package, especially Microsoft Excel, Word and Power Point.
  • Interest and proficiency in database management, combined with knowledge of other programming tools (such as Python, R, SQL) or Power BI
  • Strong organization skills and ability to coordinate multiple tasks and deliverables
  • Ability to multi-task, while working independently and as part of a team
  • Motivated self-starter, goal-oriented, and strong problem-solving abilities
  • Fluency in Spanish is a plus