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

KBR, Inc.

Senior Manager, Risk Management

Houston, TX · On-site

Title: Senior Manager, 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 Holdings

Risk Analyst

Houston, TX

$55K - $65K/yr

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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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 Jul 17, 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 the 4 pillars of operational risk management?

The four pillars of operational risk management are risk identification, risk assessment, risk mitigation, and risk monitoring. An Operational Risk Manager uses these pillars to develop strategies that minimize potential losses from internal processes, people, systems, or external events, often utilizing tools like risk dashboards and frameworks such as Basel II. Mastery of these pillars is essential for effective risk oversight and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop strategies to mitigate these risks, ensure compliance with regulations, and often use risk management tools and data analysis to support decision-making.

Do risk managers make good money?

Operational Risk Managers typically earn competitive salaries that vary by industry, experience, and location. According to industry data, the median annual salary ranges from $80,000 to over $130,000, with additional compensation such as bonuses and certifications like FRM or ORM enhancing earning potential.

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 three C's of operational risk management?

The three C's of operational risk management are Culture, Controls, and Communication. These elements help organizations identify, assess, and mitigate risks effectively, which is essential for an Operational Risk Manager to ensure operational resilience and compliance. Developing strong controls and fostering a risk-aware culture are key skills in this role.

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 are popular job titles related to Operational Risk Manager jobs in Katy, TX? For Operational Risk Manager jobs in Katy, TX, the most frequently searched job titles are:
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
Technical Manager Commodity Market Risk

Technical Manager Commodity Market Risk

Enbridge, Inc.

Houston, TX • On-site

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 11 days ago

Enbridge rating

8.4

Company rating: 8.4 out of 10

Based on 47 frontline employees who took The Breakroom Quiz

20th of 52 rated energy and utility

Job description

Posting End Date:
July 20, 2026
Employee Type:
Regular-Full time
Union/Non:
This is a non-union position
At Enbridge, we are committed to advancing safe, reliable energy while fostering strong relationships with the communities and governments we serve. We are seeking a highly skilled Technical Manager, Commodity Market Risk to provide senior quantitative leadership and serve as a recognized subject matter expert across market risk disciplines. This role will drive advanced risk analytics, including Value-at-Risk (VaR), stress testing, and structuring analysis, while leading complex, cross-functional initiatives that support informed decision-making in dynamic commodity markets.
We'd love to hear from you! Apply today for this extraordinary opportunity with Enbridge!
What You Will Do:
  • Lead VaR model integrity, P&L decomposition, and and end-to-end FEA VaR integrity risk to ensure accurate and scalable enterprise risk reporting.
  • Conduct market risk assessments for new business initiatives, supporting senior management and CFRMC approval processes.
  • Deliver end-to-end development of risk reporting tools and automation, leveraging Python and Power BI for advanced analytics.
  • Expand team capabilities in risk reporting development, stress testing, back testing, and scenario analysis (including VaR simulations) to strengthen risk insights and reporting.
  • Enhance valuation controls and price curve validation processes, ensuring robust and reliable enterprise reporting.
  • Demonstrated expertise with Pricing Datawarehouse, ZEMA pricing connections, other APIs and related functionality.
  • Collaborate cross-functionally with Trading, Business Development, Risk, IT, Accounting, Legal, and Compliance teams to support full transaction lifecycle success.
  • Provide on-going Risk Policy approval recommendations based on technical analysis to support clear governance over commodity desk activities involving authorities, market risk limits, strategies, transaction types, and geographies.
  • Support quarterly management meeting content for multiple business units relating to proposed Risk Policy approvals, ongoing market risk communication and risk metrics oversight.
  • Monitor and report metric-related Risk Policy non-compliance events relative to applicable prescribed commercial limits .

Who You Are:
  • Bachelors degree in economics, finance, or applied sciences with 8+ years of in-depth experience in power, natural gas, &/or crude oil markets in risk management
  • Advanced coding experience in Python, SQL, & Business Intelligence apps (Power BI is preferred).
  • Experienced in performing risk control processes, including the development, monitoring, & enforcing of market risk limits, daily risk reporting of commodity MTM, VaR and positions.
  • Strong understanding of probabilities & statistics with the ability to perform scenario stress testing & analysis, back testing of strategies & trading portfolio decomposition of risk.
  • In-depth knowledge of modern VaR & GMaR methodologies
  • Excellent written & oral communication skills; ability to explain financial models in operational terms.
  • Dynamic interpersonal skills & the ability to work effectively with others.
  • Thrives in a dynamic, collaborative working team environment involving daily tasks, project work & new product development.
  • Strong understanding of multiple option valuation methodologies & risk management approaches.
  • Experience in the design of risk metrics & controls to manage cash month price risks.
  • Experience reviewing large pricing data history, creating, & identifying value added visualizations/insights for decision makers.
  • Ability to create new market risk tools & processes by defining a project's vision & executing it from inception to completion.
  • Technical experience risk managing, troubleshooting and modeling transactions in Openlink/Endur or similar energy trading & risk management systems (ETRM) across the transaction life cycle.

Preferred:
  • Experience with OpenLink/Endur (or similar ETRM systems) is a strong asset.
  • CFA, MBA, CA, or other related designation is an asset. Risk Management designations in ERP or FRM are also an asset.
  • Concurrent cross commodity expertise across multiple geographies for liquid and illiquid products, exchange traded activities, including CSO's.
  • Power specific experience:
  • Strong understanding of how to analyze power LMP/congestion settlement & external forward pricing sources, make price curve recommendations or valuation enhancements.
  • Experienced in the following aspects of power markets: commonly used trading strategies, FTRs, hourly pricing scalars, capacity, RECs, fixed block utility auctions & full requirements transactions.
  • Experience in PJM, MISO, NYISO, ISO-NE, ERCOT, SPP, IESO &/or AESO power markets; ISO specific market regulations & requirements for physical or financial transactions.
  • Strong understanding of cash month wholesale power markets & associated financial products (ex., FTRs, Virtuals, increment / decrements), ancillary service products & physical power trading strategies.
  • Experience in risk management of spark spread / heat rate products & trading strategies.

Working Conditions:
  • Typical office environment, open trading floor concept setup

Physical Requirements include but are not limited to:
Grasping, kneeling, light - moderate lifting (objects up to 20 pounds), reaching above shoulder, repetitive motion, typing, sitting, standing, visual requirement (able to see screens, detect color coding, read fine print), hearing requirement and the ability to sit at a computer for long periods of time.
Mental Requirements (Both Field & Office) include but are not limited to:
Ability to: understand, remember and apply oral and/or written instructions or other information, understand complex problems and collaborate/explore alternative solutions, organize thoughts and ideas into understandable terminology, organize and prioritize work schedule on a short-term basis, make decisions which have moderate impact on the immediate work unit and monitor impact outside this area, understand and follow basic instructions and guidelines, complete routine forms, compose letters, outlines, memoranda and basic reports and communicate with individuals via telephone.
Benefits:
  • A flexible benefits program that allows each employee to select the level of coverage needed for their family in the areas of health, dental, insurance and disability.
  • A paid maternity and parental leave benefit that offers up to 20 weeks of paid leave for birth-giving parents and up to 12 weeks for other eligible parents, providing flexibility and support during this important life event.
  • Valuable retirement savings plans, including a savings plan with company stock as an investment option.
  • Paid time off/vacation/sick, plus paid personal days off (depending on location), and paid holidays.
  • An Employee and Family Assistance Program.
  • A Wellness Program, which focuses on supporting healthier employees by providing tools, resources, and opportunities to improve physical, mental, social, and financial well-being.
  • Enbridge's FlexWork (hybrid work model) offers eligible employees (Manager and below) the option to work from home on Wednesdays and Fridays, opt for a compressed work week schedule, or have flexible start and end times. Role requirements determine your eligibility for each option.

At Enbridge, we are dedicated to our core value of Inclusion. We are proud to be an Equal Opportunity Employer. We are committed to providing employment opportunities to all qualified individuals, without regard to age, race, color, national or ethnic origin, religion, sex, sexual orientation, gender identity or expression, marital status, family status, veteran status, Indigenous status, disability, or any other reason protected by federal, state, or local law. Applicants with disabilities can request accessible formats, communication supports, or other accessibility assistance by contacting careers@enbridge.com.
Information For Applicants:
  • Applications can be submitted via our online recruiting system only.
  • We appreciate your interest in working with us; however, only those applicants selected for interviews will be contacted.
  • Final candidates for this position may be required to undergo a security screening, including a criminal records check.

To learn more about us, visit www.enbridge.com

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