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Market Risk Manager Jobs in Bakersfield, CA (NOW HIRING)

PACE Supply

Account Manager

Bakersfield, CA · On-site

$80K - $120K/yr

Grow sales, gross profit, and market share within assigned accounts and territory * Identify and ... Monitor competitive activity, account risk, and retention opportunities Territory & Operational ...

PACE Supply

Account Manager

Bakersfield, CA · On-site

$80K - $120K/yr

Grow sales, gross profit, and market share within assigned accounts and territory * Identify and ... Monitor competitive activity, account risk, and retention opportunities Territory & Operational ...

PACE Supply

Account Manager

Bakersfield, CA · On-site

Grow sales, gross profit, and market share within assigned accounts and territory * Identify and ... Monitor competitive activity, account risk, and retention opportunities Territory & Operational ...

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All JobsMarket Risk JobsMarket Risk Manager JobsMarket Risk Manager Jobs in Bakersfield, CA

Market Risk Manager information

See Bakersfield, CA salary details

$53.3K

$115.4K

$175.8K

How much do market risk manager jobs pay per year?

As of Aug 12, 2026, the average yearly pay for market risk manager in Bakersfield, CA is $115,369.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,100.00 and $133,400.00 per year, depending on experience, location, and employer.

What does a market risk manager do?

A Market Risk Manager is responsible for identifying, assessing, and mitigating risks that arise from fluctuations in market variables such as interest rates, foreign exchange rates, and equity prices. They analyze trading portfolios, conduct stress tests, and develop risk management strategies to protect their organization from potential losses. Additionally, Market Risk Managers work closely with traders, analysts, and senior management to ensure that market risks are understood and maintained within acceptable levels.

Do market risk managers make good money?

Market risk managers typically earn competitive salaries that vary based on experience, location, and industry. According to industry reports, median salaries range from $80,000 to over $150,000 annually, with higher earnings possible for senior roles and those with professional certifications like FRM or CFA. Bonuses and benefits can also significantly increase total compensation in this field.

What are the key skills and qualifications needed to thrive as a market risk manager, and why are they important?

To thrive as a Market Risk Manager, you need strong quantitative analysis skills, a background in finance or economics, and often an advanced degree such as an MBA or CFA. Familiarity with risk management software (like Value-at-Risk models), statistical tools, and financial systems such as Bloomberg Terminal is typically required. Excellent problem-solving, communication, and decision-making skills set standout candidates apart in this highly analytical role. These capabilities are crucial for accurately assessing market risks, supporting sound investment decisions, and ensuring regulatory compliance in dynamic financial environments.

How does a market risk manager typically collaborate with other departments within a financial institution?

A Market Risk Manager works closely with various departments such as trading, treasury, and compliance to monitor and mitigate potential risks in the institution’s portfolio. They often consult with traders to understand new products and exposures, coordinate with IT teams to enhance risk management systems, and report findings to senior management and regulatory bodies. Regular communication and collaboration are essential to ensure all teams are aligned in managing risk effectively and responding promptly to market developments.

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

AspectMarket Risk ManagerCredit Risk Analyst
Required CredentialsBachelor's degree, often CFA or FRMBachelor's degree, often CFA or FRM
Work EnvironmentFinancial institutions, trading floors, risk departmentsBanks, lending institutions, credit departments
Employer & Industry UsageUsed in investment banks, asset managers, hedge fundsUsed in commercial banks, credit agencies, lending firms
Common Search & ComparisonOften compared for risk management roles in financeCompared for credit analysis roles

The Market Risk Manager focuses on identifying and managing risks related to market fluctuations, such as interest rates and stock prices. In contrast, the Credit Risk Analyst assesses the creditworthiness of borrowers to mitigate default risk. Both roles require similar credentials and are vital in financial institutions, but they specialize in different risk areas.

What are popular job titles related to Market Risk Manager jobs in Bakersfield, CA? For Market Risk Manager jobs in Bakersfield, CA, the most frequently searched job titles are:
What job categories do people searching Market Risk Manager jobs in Bakersfield, CA look for? The top searched job categories for Market Risk Manager jobs in Bakersfield, CA are:
What cities near Bakersfield, CA are hiring for Market Risk Manager jobs? Cities near Bakersfield, CA with the most Market Risk Manager job openings:
Market Risk Manager jobs near you
Infographic showing various Market Risk Manager job openings in Bakersfield, CA as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 17% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $115,369 per year, or $55.5 per hour.

Principal Risk & Compliance Quantitative and Modeling Analyst - Location Flexible

PG&E Corporation

Bakersfield, CA • Hybrid

$238K/yr

Full-time

Re-posted 21 days ago

Job description

Requisition ID # 172735 

Job Category: Compliance / Risk / Quality Assurance; Accounting / Finance; Business Operations / Strategy 

Job Level: Manager/Principal

Business Unit: Strategy & Growth

Work Type: Hybrid

Job Location: Oakland; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bay Point; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Dublin; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Goodyear; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Pleasanton; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramenti; Sacramento; Salida; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City

Department Overview:

The Electric Risk & Compliance organization provides governance, oversight, and strategic direction on risk and compliance matters across Electric Operations, ensuring alignment with enterprise policies and external/internal regulatory requirements. It partners cross-functionally to manage compliance requirements, strengthen controls, and enable risk-based oversight through effective monitoring, data, and reporting. The Compliance Insights team provides strategic, comprehensive data analysis, reporting, and data-driven insights that support Electric compliance, investigations, and risk management.

The selected candidate must live within PG&E’s service territory, and will be expected to work in the office 2-3 times a week.

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:

Minimum Base Salary (Bay Area)            $140,000.00

Mid Base Salary (Bay Area)        $189,000.00

Maximum Base Salary (Bay Area)           $238,000.00

Minimum Base Salary (California)         $133,000.00

Mid Base Salary (California)      $180,000.00

Maximum Base Salary (California)        $226,000.00

Responsibilities:

  • Lead development of risk metrics and stress scenarios
  • Lead development of commodity prices, derivatives and transactions as needed to analyze and quantify risks.
  • Lead development of framework for implementing tools and processes to improve quality and timeliness of risk reports.
  • Lead design of analytical and diagnostic tools to ensure accuracy and timely computation of risk metrics and facilitate analyses of portfolios.
  • Lead assessment of the effectiveness of hedging strategies and programs.
  • Lead development and enhancement of quantitative models to support forecasting, valuation, and portfolio risk assessment.
  • Provide analytical support and quantitative risk assessments to inform business decisions and address emerging issues.
  • Lead development of risk-informed compliance frameworks to align analytical insights with regulatory requirements and support effective governance and oversight.
  • Lead horizon scanning activities to identify emerging risks, market developments, and regulatory changes that may affect portfolio strategy and risk exposure.
  • Develops and leads compelling data-driven business cases for or against specific courses of action and potential risk mitigation alternatives as appropriate; provides strategic direction regarding areas of NERC compliance in common with CPUC, OEIS, and CAISO.
  • Leads annual gap analysis; identifies gaps between compliance requirements and guidance documentation.
  • Develops, monitors, analyzes, and reports on business KPIs and indicators, that may affect the Company’s ability to meet its goals.

Qualifications

Minimum:

  • Bachelor’s Degree in Information Systems, Business, Engineering, Financial Engineering, Economics, Statistics, or Mathematics or equivalent experience
  • 8 years of experience in risk analytics development and modeling
  • 2 years managing projects

Desired:

  • Master’s degree or equivalent experience
  • Electrical engineer with experience in the utility industry to support technical interpretations and implementation of new compliance requirements.
  • Proven risk control and system design skills
  • Proven project management skills.
  • Demonstrated ability to abstract or synthesize from one set of ideas or facts to another, identify causal relationships, and anticipate obstacles.
  • Communicates with peers, subordinates, leadership, and stakeholders, using a variety of media and conveying information or conclusions in a clear, direct manner.
  • Ability to maneuver through complex organizational situations effectively and without disruption.
  • Understands and can communicate the company's overall goals and strategies.
  • Ability to analyze complex problems and make decisions despite incomplete information and limited time.
  • Highly advanced analytical, program management, and communications skills
  • Ability to manipulate data and draw conclusions / make recommendations

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