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Freelance Operational Risk Manager Jobs in Houston, TX

Capital One

Principal Risk Specialist- Pulse

Houston, TX · On-site

$94K/yr

As a Risk Manager for PULSE Operations at Capital One, you won't just monitor risk-you will partner with business leaders to actively shape our defense strategies, ensuring the company remains stable ...

Capital One

Principal Risk Specialist- Pulse

Houston, TX · On-site

$94K/yr

As a Risk Manager for PULSE Operations at Capital One, you won't just monitor risk-you will partner with business leaders to actively shape our defense strategies, ensuring the company remains stable ...

Deloitte

Cyber Insider Risk Manager

Houston, TX

Qualifications Required: 6+ years of experience in insider risk, security operations, investigations, compliance, data protection, or enterprise risk management 2+ years of experience managing an ...

Giga Energy

Surety & Insurance Risk Manager

Houston, TX · On-site +1

Partner with Legal, Finance, and Growth counterparts on the operational side of deal structuring ... Experience helping build out a risk management function from the ground up Benefits * Subsidized ...

Expand Energy

Quantitative Risk Manager

Spring, TX · On-site

Translate market views, deal structures, and operational realities into actionable analytics that ... traders, risk managers, finance, and executives. * High standards for accuracy, transparency ...

Expand Energy

Quantitative Risk Manager

Spring, TX

Translate market views, deal structures, and operational realities into actionable analytics that ... traders, risk managers, finance, and executives. * High standards for accuracy, transparency ...

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$44.9K

$115.3K

$226.3K

How much do freelance operational risk manager jobs pay per year?

As of Aug 13, 2026, the average yearly pay for freelance operational risk manager in Houston, TX is $115,270.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,200.00 and $151,800.00 per year, depending on experience, location, and employer.

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Risk Manager - Construction & Development

Transwestern

Houston, TX • On-site

Full-time

Re-posted 24 days ago

Job description

Transwestern is a vertically integrated commercial real estate firm dedicated to serving investors, partners and clients through expertise in investment, development, brokerage and property management. Our experience spans diverse property types, including logistics, multifamily, retail, mixed-use, healthcare, office, data centers, hotel, and life sciences. Across 35 offices nationwide, our team is united by a culture that cultivates agility, mutual trust and high performance.
Transwestern Services turns strategy into reality with consistency and accountability, collaborating to provide dynamic, tailored solutions. Whether representing a tenant, advising an investor or repositioning an asset, we operate with tenacity and own the outcome every time. Our 2,200-strong team works across service lines, ready to activate our full platform to deliver a customized, cohesive experience for clients.
POSITION SUMMARY:
The Risk Manager - Construction & Development is responsible for identifying, evaluating, and managing construction-related risk exposures across a national portfolio of ground-up developments, major capital projects, and tenant improvements. Reporting to the Senior Vice President of Risk Management, this role partners closely with Transwestern's Development, Construction Project Management, Legal, Procurement, and Operations to ensure that contractual risk transfer, insurance placement, and loss prevention strategies appropriately protect the firm throughout the project lifecycle.
The position focuses heavily on construction risk management, including builder's risk programs, Owner's Interest Liability, OCIP/CCIP participation, contractor insurance compliance, contract review, and claims management.
POSITION ESSENTIAL FUNCTIONS
Construction Risk Management
  • Identify, assess, and mitigate construction-related risk exposures for ground-up developments, redevelopments, and major capital projects
  • Support project teams during pre-development, design, and construction phases to proactively address risk issues
  • Advise on project-specific risk strategies including insurance structures, deductibles, retentions, and contractual indemnities
  • Support underwriting submissions and portfolio-level analytics for construction exposures

Insurance Program Oversight
Manage and administer construction-related insurance programs, including:
  • Builder's Risk
  • OCIP/CCIP (owner-controlled or contractor-controlled programs)
  • Contractor's Pollution Liability
  • Professional Liability (design professionals)
  • Installation Floater and Equipment Coverages
  • Coordinate placement and renewal of construction insurance programs with brokers and insurers
  • Evaluate project-specific insurance requirements versus enterprise programs

Contract Review & Risk Transfer
  • Review and negotiate construction, design, and consulting agreements to ensure appropriate:
  • Indemnification provisions
  • Insurance requirements and risk transfer clauses
  • Limitation of liability and consequential damages clauses
  • Collaborate with Legal and Construction teams to align template contracts with corporate risk tolerance
  • Assist in Contractor & Vendor Insurance Compliance for national development and construction project management operations

Claims & Loss Control
  • Manage construction-related claims, including:
    • Property damage
    • Defective work
    • Construction accidents and third-party liability claims
  • Coordinate claims handling with carriers, adjusters, legal counsel, and internal stakeholders
  • Analyze loss trends and recommend corrective actions to reduce future incidents

Safety & Loss Prevention
  • Partner with Construction and Safety teams to promote strong site safety and loss control practices
  • Review builder's risk loss control reports and field inspections
  • Support development of best practices for contractor safety performance and site controls

Reporting & Leadership Support
  • Prepare executive-level reporting on construction risk exposures, claims, and insurance performance
  • Support investment committee and project approval processes with risk assessments and insurance input
  • Contribute to continuous improvement of enterprise risk management and construction governance

Enterprise Risk Governance Support
  • Support enterprise-wide risk management initiatives and ensure alignment with corporate risk strategies
  • Assist in maintaining accurate risk data and reporting within RMIS platforms to support analytics and underwriting
  • Provide training and guidance to project stakeholders on risk management best practices
  • Support Senior Vice President of Risk Management in enterprise wide risk management initiatives.

POSITION REQUIREMENTS
Education:
  • A Bachelor's degree with emphasis in Risk Management, Finance, Business, or a related field.,
  • Relevant certifications (e.g., Certified Risk Manager, Certified Financial Risk Manager) are a plus.

Experience:
  • 7+ years of proven experience in construction risk management, insurance, or related field

Technical Skills:
  • Familiarity with commercial real estate risk management strategies, insurance, and risk transfer issues.
  • Thorough understanding of Owner and Property Manager risk and insurance exposures.
  • Experience supporting large-scale commercial real estate development projects
  • Strong working knowledge of:
    • Builder's risk insurance
    • Construction contracts (AIA and negotiated forms)
    • Construction liability and professional risk exposures
  • Proficiency in Microsoft 365 (Teams, SharePoint, Word, PowerPoint, Excel, Outlook)
  • Familiarity with use of online Risk Management Information Systems (RMIS)

Personal Skills:
  • Ability to keep information and internal communications confidential.
  • Demonstrate strong analytical capabilities with a high attention to detail.
  • Ability to manage multiple projects, changing priorities and time-sensitive, workload(s).
  • Ability to provide general direction/be self-managed/work independently.
  • Ability to provide efficient, timely, reliable, and courteous service to internal and external customers.
  • Exhibit excellent verbal and written communication for collaboration, negotiation, conflict mediation, and to work with a variety of personalities at all levels of the company.

Physical Skills:
  • Travel may be required.

WORK SHIFT:
LOCATION:
Houston, TX
ABOUT US
Our firm is built on a shared purpose: Empowering good people to do extraordinary things together. We hire smart, passionate, hard-working people who value both collaboration and independence. United by our brand promise, we own the outcome for clients, investors and partners. Learn more at transwestern.com.
All candidates selected for an offer of employment are subject to pre-employment background checks, which may include criminal history, education verification, motor vehicle records, credit history, and professional license verification. In addition, your employment with Transwestern is subject to successfully passing a drug screen check prior to you starting with the firm.
Transwestern logo

About Transwestern

Sourced by ZipRecruiter

The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.

Industry

Real estate

Company size

1,001 - 5,000 Employees

Headquarters location

Houston, TX, US

Year founded

1978

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