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

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 ...

New

Atlas Oil

Commodity Risk Management Lead

Houston, TX · On-site

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 ...

KBR, Inc.

Director, Risk Management

Houston, TX · On-site

Title: Director, Risk Management We are KBR When you become part of our KBR team, your ... Whether supporting operations on the ground, at sea, in the air, or in space, our clients trust us ...

Cotton

Risk Analyst

Houston, TX · On-site

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:

Cotton Holdings

Risk Analyst

Houston, TX · On-site

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:

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All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Katy, TX

Operational Risk Manager information

See Katy, TX salary details

$43.1K

$110.7K

$217.4K

How much do operational risk manager jobs pay per year?

As of Aug 7, 2026, the average yearly pay for operational risk manager in Katy, TX is $110,745.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,400.00 and $145,900.00 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 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 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 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 Katy, TX look for? The top searched job categories for Operational Risk Manager jobs in Katy, TX are:
What cities near Katy, TX are hiring for Operational Risk Manager jobs? Cities near Katy, TX with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Katy, TX as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $110,745 per year, or $53.2 per hour.

Surety & Insurance Risk Manager

Giga Energy

Houston, TX

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted yesterday

New

Job description

What you'll do

As Surety & Insurance Risk Manager, you'll join Giga's Risk & Insurance team, reporting directly to the Head of Risk & Insurance. You'll manage the day-to-day administration of Giga's bonding and insurance programs - including bond submissions, portfolio-wide risk reporting, and insurance program administration. This is a builder's seat: you'll help stand up the processes and systems that let the function scale as Giga grows.

Where you'll work

This role is remote - we don't care where you sit, only that you're excellent at the job. You'll travel occasionally (about 10% of the time, roughly a couple of trips per year) for company and team offsites to stay closely connected with Growth and Finance, given how tightly this role works with them.

Responsibilities
  • Manage day-to-day administration of performance bond submissions - paperwork, timelines, and status tracking across all live deals
  • Build and own portfolio-wide risk reporting - aggregate bond capacity, exposure, and insurance program status across all active and pipeline deals into a single source of truth for leadership
  • Administer corporate and project-level insurance programs - renewals, certificates of insurance, coverage tracking
  • Build and maintain the data infrastructure (bond capacity, program terms, deal history, renewal calendars) that lets the function make fast, informed decisions
  • Prepare deal-level bonding and insurance summaries for broker and surety negotiations
  • Partner with Legal, Finance, and Growth counterparts on the operational side of deal structuring
  • Build the processes, templates, and systems that will let the function scale as Giga grows
Requirements
  • 5-7+ years of experience in insurance, risk management, or performance bonds/surety
  • Working knowledge of and/or related experience with how performance bonds are underwritten, priced, and structured - insurance backgrounds with transferable skills are welcome
  • Solid understanding of corporate and project-level insurance programs
  • Bachelor's degree in Finance, Business Administration, or a related field
  • Comfortable operating with incomplete information in a fast-moving environment
Bonus points
  • Background at a surety company, insurance carrier, or brokerage
  • Experience in construction, infrastructure, or industrial/energy sectors
  • Industry-specific certifications (e.g., CPCU, ARM, surety bond producer credentials)
  • Experience helping build out a risk management function from the ground up
Benefits
  • Subsidized health, dental, and vision insurance
  • Equity (options) in a rapidly growing startup
  • 401(k) with 4% employer match
  • Unlimited PTO
  • Parental leave
  • Healthcare and Dependent Care Flexible Spending Accounts (FSA) or Health Savings Account (HSA)
  • Commuter benefits
  • Quarterly team onsites where all offices come in-person to collaborate

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