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Operational Risk Manager Jobs in Cypress, TX (NOW HIRING)

ENGIE Group

Risk Control Analyst II

Houston, TX · On-site

$63.30 - $96.94/hr

Manage the operational risk incident lifecycle: capture, classification, root cause analysis, remediation tracking, and lessons learned. * Maintain the operational risk event database and ensure ...

Memorial Hermann

Risk Manager

Sugar Land, TX

Has full responsibility for day to day operations of the risk management program that includes an enterprise risk approach to exposures, loss control/loss prevention activities and analysis.

Memorial Hermann

Risk Manager

Houston, TX · On-site

Has full responsibility for day to day operations of the risk management program that includes an enterprise risk approach to exposures, loss control/loss prevention activities and analysis.

David Weekley Homes

Risk Manager

Houston, TX · On-site

Partner with Team Leaders to identify, assess, and manage risk across land, construction, and warranty operations. * Work with claims, safety, design/quality assurance and warranty teams to identify ...

David Weekley Homes

Risk Manager

Houston, TX · On-site

Partner with Team Leaders to identify, assess, and manage risk across land, construction, and warranty operations. * Work with claims, safety, design/quality assurance and warranty teams to identify ...

Capital One

Senior Associate, Risk Manager

Houston, TX · On-site

Partner effectively with specialized teams across the enterprise-including Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Information Technology, Internal ...

Integra

Project Risk Manager

Houston, TX

DEPADM The Opportunity The Project Risk Manager supports execution of the PMO's project risk ... Bachelor's degree in Engineering, Operations, Supply Chain, Finance, or related field. * 5-7 years ...

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Operational Risk Manager information

See Cypress, TX salary details

$40.5K

$104K

$204.1K

How much do operational risk manager jobs pay per year?

As of Aug 24, 2026, the average yearly pay for operational risk manager in Cypress, TX is $103,971.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,300.00 and $137,000.00 per year, depending on experience, location, and employer.

What does an operational risk manager do?

An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.

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

To thrive as an Operational Risk Manager, you need a solid understanding of risk assessment, regulatory compliance, and internal controls, typically supported by a degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (governance, risk, and compliance) systems, and certifications such as FRM or ORM are highly valued. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These competencies are crucial for identifying, mitigating, and communicating operational risks, ensuring organizational stability and regulatory adherence.

What are some common challenges faced by operational risk managers in maintaining effective risk controls across different departments?

Operational Risk Managers often encounter challenges in ensuring consistent risk controls due to varying processes, priorities, and risk appetites across departments. Communication gaps and resistance to change can make it difficult to implement standardized procedures. Successfully overcoming these challenges involves building strong cross-functional relationships, conducting regular training, and fostering a risk-aware culture to ensure alignment on risk management practices throughout the organization.

What is the difference between Operational Risk Manager vs Risk Analyst?

AspectOperational Risk ManagerRisk Analyst
CertificationsCFA, FRM, or similarCFA, FRM, or similar
Work EnvironmentFinancial institutions, banks, insurance companiesFinancial firms, consulting, corporate risk teams
ResponsibilitiesIdentify, assess, and mitigate operational risks; develop risk frameworksAnalyze risk data, support risk assessments, prepare reports

The Operational Risk Manager focuses on managing and mitigating operational risks within organizations, often holding certifications like CFA or FRM. In contrast, Risk Analysts primarily analyze risk data and support risk management processes. Both roles are vital in financial sectors and share similar credentials, but the Operational Risk Manager has a broader responsibility for risk mitigation strategies.

More about Operational Risk Manager jobs

What job categories do people searching Operational Risk Manager jobs in Cypress, TX look for?

The top searched job categories for Operational Risk Manager jobs in Cypress, TX are:

What cities near Cypress, TX are hiring for Operational Risk Manager jobs?

Cities near Cypress, TX with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Cypress, TX as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $103,971 per year, or $50 per hour.

Transformation & Operational Risk Expert

Houston, TX • On-site

ConocoPhillips
Oil and Gas Extraction • 10K+ employees

6.7

Company rating: 6.7 out of 10

Based on 40 frontline employees who took The Breakroom Quiz

59th of 87 rated oil and gas companies

People enjoy working here

Recommended by students

Paid breaks

Learn more about ConocoPhillipsexternal

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 12 days ago

Job description

Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.
Who We Are
We are one of the world's largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.
We're grounded by our SPIRIT Values - safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business - but not at all costs. We believe it's not just what we do - it's how we do it - that sets us apart.
Fostering an Inclusive Work Environment
To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.
Job Summary
The Transformation & Operational Risk Expert is responsible for identifying, assessing, monitoring, and improving operational risk across the commercial trade lifecycle. The role partners with front office, middle office, operations, technology, and risk teams to strengthen operational resilience, improve process efficiency, and support the evolution of ConocoPhillips' commercial operating model.
This position combines operational risk management, business process transformation, data governance, and continuous improvement to help create a scalable and high-performing commercial organization.
Why This Role Matters
As ConocoPhillips expands its commercial capabilities and advances its Commercial Transformation strategy, scalable operational processes and resilient trade lifecycle management become increasingly important. This role helps ensure the organization can support growing commercial activity while maintaining operational excellence, strong controls, and efficient execution.
The Transformation & Operational Risk Expert plays a key role in identifying operational risks, improving business processes, and enabling commercial growth through operational effectiveness and continuous improvement.
Position Overview
Key Responsibilities
Operational Risk Management
  • Identify, assess, and monitor operational risks across commercial activities.
  • Develop and maintain operational risk frameworks and methodologies.
  • Lead root cause analysis and remediation efforts for operational incidents.
  • Monitor operational performance and emerging risk trends.

Trade Lifecycle Oversight
  • Monitor performance across trade capture, confirmation, scheduling, settlement, invoicing, and close processes.
  • Identify process bottlenecks, control gaps, and operational vulnerabilities.
  • Support implementation of controls that improve reliability and operational resilience.
  • Evaluate operational impacts associated with new commercial products and business initiatives.

KPI & Performance Management
  • Develop and manage Key Performance Indicators (KPIs) measuring operational health and efficiency.
  • Design dashboards and management reporting to support decision-making.
  • Monitor issue aging, exception trends, and process performance.
  • Provide actionable recommendations based on operational performance metrics.

Data Governance & Quality
  • Monitor data quality, completeness, accuracy, timeliness, and lineage.
  • Partner with Technology and Data teams to improve data governance practices.
  • Support implementation of data quality controls and monitoring processes.
  • Promote consistent use of data standards across commercial functions.

Transformation & Continuous Improvement
  • Lead initiatives that improve automation, scalability, and operational effectiveness.
  • Support implementation of new systems, digital tools, and operating models.
  • Drive process standardization and operational excellence initiatives.
  • Partner with stakeholders to identify opportunities for efficiency improvements.

Required
  • Legally authorized to work in the United States.
  • Bachelor's degree in Business, Finance, Economics, Engineering, Supply Chain, Information Systems, or related field.
  • 7+ years of experience in operational risk, commercial operations, middle office, process improvement, or related functions.
  • Strong understanding of commercial trade lifecycle processes.
  • Experience leading cross-functional process improvement initiatives.

Preferred
  • Experience supporting LNG, natural gas, power, crude, shipping, or commodity trading businesses.
  • Experience with operational risk frameworks and controls.
  • Knowledge of data governance and data management principles.
  • Experience implementing automation and digital transformation initiatives.
  • Lean Six Sigma, PMP, or equivalent certifications.

Measures of Success
  • Reduction in operational incidents and processing errors.
  • Improved trade lifecycle performance and efficiency.
  • Increased process automation and scalability.
  • Improved data quality and operational reporting.
  • Successful implementation of transformation initiatives.

What we Offer
  • Opportunity to help shape ConocoPhillips' Commercial Transformation
  • Exposure to senior commercial leadership
  • Global commercial portfolio exposure
  • Ability to influence strategy and risk management practices
  • Collaborative and entrepreneurial environment
  • Competitive compensation and performance-based incentives
  • Long-term career growth across Commercial, Risk, Trading, and Leadership pathways

Apply By:
Aug 26, 2026
Sponsorship:
ConocoPhillips' sponsorship for employment authorization in the U.S. is NOT available for this position.
Benefits Overview
ConocoPhillips offers a competitive and comprehensive benefits package designed to support your well-being and career growth:
  • Taking Care of Your Health & Wellness: Medical, dental, vision, mental health support, and wellness programs.
  • Supporting and Building Financial Security: Competitive base pay, annual performance bonuses, and retirement savings plans.
  • Promoting Work-Life Balance: Paid time off, paid parental leave, and family support resources.
  • Offering Career Development: Access to training, mentoring, and internal career mobility tools.
  • Guiding Recognition & Inclusion: Peer-nominated awards, inclusive culture, and employee resource groups.

Why ConocoPhillips
At ConocoPhillips, we believe our people power the future of energy. We're committed to creating a workplace where employees feel valued, supported, and inspired to grow-professionally and personally.
We don't just offer jobs-we offer meaningful careers in a company that values how we work as much as what we achieve.
EEO:
In the US, ConocoPhillips is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity or expression, genetic information, or any other legally protected status.

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