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Market Risk Manager Jobs in Houston, TX (NOW HIRING)

Talen Energy

Market Risk Manager

Houston, TX · On-site

Talen Energy is seeking a Market Risk Manager who will be responsible for daily market risk and P&L reporting, risk limit monitoring, portfolio analytics, and cross-functional communication to ensure ...

Talen Energy

Market Risk Manager

Houston, TX

Talen Energy is seeking a Market Risk Manager who will be responsible for daily market risk and P&L reporting, risk limit monitoring, portfolio analytics, and cross-functional communication to ensure ...

Talen Energy

Market Risk Manager

Houston, TX

Talen Energy is seeking a Market Risk Manager who will be responsible for daily market risk and P&L reporting, risk limit monitoring, portfolio analytics, and cross-functional communication to ensure ...

Aramco

Market Risk Analyst

Houston, TX · On-site

Aramco Trading Americas Market Risk Analyst (1935) Market Risk Staff - Houston, TX. - Full Time ... Monitor and report daily price exposure, mark-to-market and P&L to management. * Monitor market ...

Engelhart

Market Risk Analyst

Houston, TX · On-site

... market conditions. We have assembled successful multidisciplinary teams, leveraging advanced ... Our activities are underpinned by strong risk management practices and by powerful technology and ...

Phillips 66

Market Risk Analyst

Houston, TX · On-site

$125K - $152K/yr

Phillips 66 & YOU - Together we can fuel the future As a Product Control Advisor III , you will provide specialist market risk analysis to help Phillips 66 manage its commodity exposures and trading ...

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Market Risk Manager information

See Houston, TX salary details

$49.2K

$106.5K

$162.3K

How much do market risk manager jobs pay per year?

As of Jun 16, 2026, the average yearly pay for market risk manager in Houston, TX is $106,533.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,900.00 and $123,200.00 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.

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 much does a risk manager get paid?

A risk manager's salary varies based on experience, location, and industry, but typically ranges from $80,000 to $150,000 annually. Senior risk managers or those in financial hubs can earn higher compensation, especially with certifications like FRM or CFA. The role often involves analyzing data, using risk management tools, and working in fast-paced financial environments.

What is the role of a market risk manager?

A market risk manager is responsible for identifying, analyzing, and monitoring financial risks arising from market fluctuations, such as interest rates, currency exchange rates, and equity prices. They develop risk mitigation strategies, use tools like value-at-risk (VaR) models, and ensure compliance with regulatory standards to protect the organization’s financial stability.

What are the 4 types of market risk?

A Market Risk Manager focuses on four main types of market risk: interest rate risk, currency risk, equity risk, and commodity risk. Understanding these risks helps in developing strategies to mitigate potential financial losses in trading and investment portfolios.

Is market risk management a good career?

Market risk management is a vital role in financial institutions, focusing on identifying and mitigating risks related to market fluctuations. It often requires strong analytical skills, knowledge of financial instruments, and certifications like FRM or CFA. The field offers opportunities for advancement and competitive compensation, especially in large firms or financial hubs.

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 Houston, TX? For Market Risk Manager jobs in Houston, TX, the most frequently searched job titles are:
What job categories do people searching Market Risk Manager jobs in Houston, TX look for? The top searched job categories for Market Risk Manager jobs in Houston, TX are:
What cities near Houston, TX are hiring for Market Risk Manager jobs? Cities near Houston, TX with the most Market Risk Manager job openings:
Market Risk Manager jobs near you
Market Risk Manager

Market Risk Manager

Talen Energy

Houston, TX • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago

Talen Energy rating

8.3

Company rating: 8.3 out of 10

Based on 14 frontline employees who took The Breakroom Quiz

Job description

Talen Energy is seeking a Market Risk Manager who will be responsible for daily market risk and P&L reporting, risk limit monitoring, portfolio analytics, and cross-functional communication to ensure transparent performance and risk management. This role delivers timely executive-ready insights, maintains key reporting processes and controls, and partners with Commercial, Operations, Finance/FP&A, and Investor Relations to support decision-making.
How You'll Power the Future
At Talen Energy, your work directly supports safe, reliable power generation. In this role, you'll move beyond day-to-day contributions to drive meaningful change by:
P&L and Market Risk Reporting
  • Produce a morning preview of daily P&L and communicate key drivers.
  • Perform P&L attribution and explain results versus expectations.
  • Prepare P&L explained narratives suitable for executive and stakeholder consumption.
  • Monitor risk limits and deliver risk limit and executive reporting.
  • Maintain portfolio scorecards, dashboards, and recurring presentations.
  • Document P&L assumptions and maintain a controlled assumptions library.
  • Deliver ad hoc analysis to support trading, hedging, and management decisions.
  • Develop and maintain PTC price buildup and related supporting analytics.

Projects and Process Improvements
  • Translate and load P&L assumptions into databases to improve traceability and reporting automation.
  • Rebuild and enhance P&L reports to improve accuracy, usability, and delivery timelines.
  • Drive continuous improvement in data management, controls, and portfolio analytics views.

FP&A and Finance Partnership
  • Support Finance/FP&A with mark-to-market (MtM) valuation analysis (e.g., AWS MtM) and related reconciliations.
  • Build forward margin and portfolio value roll-forwards to support forecasting and planning.
  • Maintain and update modeling inputs (e.g., PTC inputs) and related documentation.
  • Prepare and maintain scorecards used for management reporting and planning processes.
  • Deliver planning outputs in required formats (e.g., Planful extracts) to internal stakeholders.

Fuel Impacts and Generation Summary
  • Run fuel impact analysis on power plants for Operations and Finance stakeholders and summarize implications for current-quarter performance.
  • Distribute results at the beginning of each month and respond to inbound questions with clear, supportable explanations.
  • Maintain repeatable processes, inputs, and controls to ensure consistent monthly delivery.

Unit Characteristics (UC) and Outage Updates
  • Send UCO requests and develop/maintain a schedule of expected unit characteristic updates for generation assets
  • Partner with Operations, Commercial, and Finance to gather updates and validate assumptions.
  • Stage UCO updates and run current-quarter (cQ) impact analysis; finalize impacts through to P&L.
  • Communicate impact analysis, document rationale, and seek required approvals.
  • Manage ad hoc UCO requests and maintain a tracker of changes and impacts, including source references.

Backup Reporting and Cross-Coverage
  • Provide backup support for presentation deck reviews, REC & EFEC reporting, and new portfolio views/analysis.
  • Provide cross-coverage for UC staging and approvals as needed.
  • Back up daily morning commercial reporting, including pricing, dashboard, position, position limit, cash month position, and position dashboard maintenance.
  • Support coal impairment processes by running cQuant with provided WACI, refreshing downstream analysis, and providing results to Finance with documented controls.

What You Have
Minimum Qualifications
  • Bachelor's degree in Finance, Economics, Engineering, Mathematics, Statistics, or a related field (or equivalent practical experience).
  • 10+ years experience in market risk management, portfolio analytics, trading support, FP&A, or a related role with strong preference in PJM power markets, plus if experience with market risk reporting for generation assets
  • Strong understanding of P&L drivers, risk metrics/limits, and valuation concepts (including mark-to-market where applicable).
  • Advanced Excel skills and ability to work with large datasets; comfort working with dashboards and recurring reporting routines.
  • Ability to synthesize complex results into clear written and verbal explanations for both technical and non-technical audiences.
  • Strong process discipline, documentation mindset, and attention to controls and data quality.

Preferred Qualifications
  • Experience in commodities/power/gas markets and hedge performance reporting.
  • Proficiency with SQL and/or Python for automation, analytics, and data validation.
  • Experience with planning and reporting tools (e.g., Planful) and BI platforms (e.g., Power BI/Tableau).
  • Familiarity with risk systems, ETRM/CTRM platforms, and/or valuation models, experience with Endure Openlink a plus
  • Demonstrated experience improving reporting processes, controls, and data pipelines.

Why Talen Energy?
Power the Future
Talen Energy is one of the largest competitive energy and power generation companies in North America. We operate power plants that use diverse fuel sources in the most attractive wholesale power markets and sell energy
to wholesale and retail customers in selected competitive markets. Our passion for excellence grows value through safe and efficient operations. We have an inclusive, diverse, respectful, and collaborative workplace, and a strong commitment to innovation, teamwork, and integrity. We generate energy for a brighter tomorrow.
Collaboration
Our passion for excellence grows value through safe and efficient operations. We have an inclusive, diverse, respectful, and collaborative workplace.
Talen Energy offers an exceptional benefits program to its employees. Benefits include comprehensive health, dental, vision, prescription plans, life insurance, and disability insurance. In addition, employees are eligible to participate in Talen Energy's 401(k) plan. Talen Energy also provides competitive vacation and sick time to its employees.
We are committed to providing a safe, drug and alcohol-free workplace. Consistent with applicable law and any collective bargaining agreements, positions may be subject to pre-employment, random, post-accident, and reasonable suspicion drug and alcohol testing.
Talen Energy is an equal opportunity, affirmative action employer dedicated to diversity and the strength it brings to the workplace. All qualified applicants will receive consideration for employment without regard to race, color, age, sex, religion, national origin, veteran status, sexual orientation, genetic information, gender identity, disability, perceived disability or any other protected characteristic as may be defined by applicable law.
If you need assistance with the application process, please email us at Careers@talenenergy.com
Please note that roles supporting Talen Energy's nuclear facilities are subject to rigorous background investigation and security clearance requirements consistent with federal regulatory standards.
Note to Search Firms and Recruitment Agencies
Talen Energy is committed to fostering direct engagement with prospective candidates and managing our recruitment activities internally. From time to time, Talen Energy and its companies partner with select executive search firms and recruitment agencies under formal, written agreements aligned to specific business needs.
Talen Energy does not accept unsolicited resumes or candidate submissions from search firms or agencies without a current fully executed agreement authorized by an appropriate company representative. Any candidate information submitted in the absence of such an agreement will be considered the property of Talen Energy, and neither Talen Energy nor its subsidiaries will be obligated to pay any fees or compensation related to those submissions.
Note: You will have an opportunity to add attachments to your application. Please use this opportunity to upload your resume, cover letter, and any relevant documents .

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