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Portfolio Risk Manager Jobs in Texas (NOW HIRING)

Talen Energy

Market Risk Manager

Houston, TX · On-site

Maintain portfolio scorecards, dashboards, and recurring presentations. * Document P&L assumptions ... risk management, portfolio analytics, trading support, FP&A, or a related role with strong ...

Talen Energy

Market Risk Manager

Houston, TX · On-site

Maintain portfolio scorecards, dashboards, and recurring presentations. * Document P&L assumptions ... risk management, portfolio analytics, trading support, FP&A, or a related role with strong ...

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Portfolio Risk Manager information

See Texas salary details

$34.5K

$93.6K

$174.7K

How much do portfolio risk manager jobs pay per year?

As of Jul 7, 2026, the average yearly pay for portfolio risk manager in Texas is $93,592.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $121,100.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

Senior risk management roles such as Chief Risk Officer (CRO) or Director of Risk typically offer the highest salaries in risk management, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills, especially in financial services and large corporations.

How does a Portfolio Risk Manager typically collaborate with investment teams to manage risk?

Portfolio Risk Managers work closely with portfolio managers, analysts, and traders to identify, assess, and mitigate potential risks within investment portfolios. They regularly participate in strategy meetings, provide risk analysis on proposed trades, and ensure portfolios remain aligned with the firm's risk appetite and regulatory requirements. Effective communication and data-driven insights are key, as Portfolio Risk Managers must translate complex risk metrics into actionable recommendations for the investment team. This collaborative approach helps ensure that investment decisions balance potential returns with an appropriate level of risk.

What is the highest salary for a risk manager?

The highest salaries for portfolio risk managers can exceed $150,000 to $200,000 annually, especially for those with extensive experience, advanced certifications like FRM or CFA, and working in major financial centers. Senior risk managers or those in leadership roles may earn even higher compensation, including bonuses and incentives.

How much does a risk manager get paid?

A portfolio risk manager's average salary in the United States ranges from $80,000 to $150,000 annually, depending on experience, location, and industry. Senior risk managers or those with specialized certifications like FRM or CFA can earn higher compensation, often exceeding $200,000 with bonuses and benefits included.

What are the key skills and qualifications needed to thrive as a Portfolio Risk Manager, and why are they important?

To thrive as a Portfolio Risk Manager, you need strong quantitative analysis, financial modeling abilities, and a solid understanding of risk management principles, often supported by a degree in finance, economics, or a related field. Familiarity with risk analytics tools such as Bloomberg, MATLAB, or SAS, and certifications like FRM or CFA are typically required. Strong communication, critical thinking, and problem-solving skills help in presenting complex risk findings to stakeholders and making sound decisions under pressure. These competencies are crucial for identifying, assessing, and mitigating risks to optimize portfolio performance and protect organizational assets.

What does a portfolio risk manager do?

A portfolio risk manager analyzes and monitors the risks associated with investment portfolios to ensure they align with the organization's risk appetite and objectives. They use tools like risk assessment models and financial data analysis to identify potential threats and implement strategies to mitigate losses, often working closely with investment teams and utilizing certifications such as FRM or CFA. Their role involves continuous evaluation of market conditions and portfolio performance to maintain optimal risk levels.
What cities in Texas are hiring for Portfolio Risk Manager jobs? Cities in Texas with the most Portfolio Risk Manager job openings:
Portfolio Risk Manager jobs near you
Infographic showing various Portfolio Risk Manager job openings in Texas as of July 2026, with employment types broken down into 85% Full Time, 12% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 86% Physical, 1% Hybrid, and 13% Remote job distribution, with an average salary of $93,592 per year, or $45 per hour.

Portfolio Risk Manager

COBRA INDUSTRIAL ACTIVITIES INC

Houston, TX • On-site

$105K - $125K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 4 days ago

Job description

Benefits:
  • 401(k)
  • 401(k) matching
  • Bonus based on performance
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Position Summary:
The Renewable Portfolio Risk Manager designs and operates the risk framework for utilityscale and distributed renewable assets, power purchase agreements (PPAs), renewable energy certificates (RECs), and related market exposures. This role blends quantitative modeling, commercial negotiation support, regulatory compliance, and crossfunctional program delivery to keep the portfolio within risk appetite while enabling growth.
Key Responsibilities:
  • Develop and deploy commercial trading and hedging strategies to maximize the profitability of Cobras renewable assets while managing market risks.
  • Build tools internally to evaluate the risk allocated to our own assets, the expected revenues according to price forecasts. Drive automation of reporting, trade capture, and risk dashboards to improve accuracy and decision-making speed.
  • Develop and execute strategy for forward hedging of Storage and solar assets
  • Develop strategies and execute trades with the Congestion Trading team to assess congestion risks in the respective Independent System Operators (ISOs) as well as Build and deploy strategies for Day-Ahead offers for a large portfolio of solar PV farms.
  • Articulate and execute hedging strategies deploying different instruments according to various risk profiles, including energy hedges, options, Virtuals, Point-to-Point transactions, Firm Transmission Rights (FTR)/Transmission Congestion Rights (TCR)/Congestion Revenue Rights (CRR), and Intercontinental Exchange (ICE) financial power transactions.
  • Analyze and discuss the commercial terms of existing and upcoming Power Purchase Agreements (PPAs), identifying the underlying risks, and proposing alternative language and/or risk mitigation strategies.
  • Analyze and price option strategies designed to reduce tail-end risk exposure to market volatility and inherent asset offtake structures
  • Being up to date on the Regulation of the markets in which we already have presence like MISO and ERCOT. Prepare automated reports for the management.
  • Give support to M&A activities regarding merchant prices, ancillary services capacity markets, RECs
  • Leverage advanced data analytics, machine learning forecasts, or fundamental modeling to improve price forecasting, congestion analysis, and risk assessment

Qualifications:
  • Bachelors degree or foreign equivalent in Engineering, Finance, Economics, or closely related field.
  • A minimum of 5-year experience in similar role within the Renewable Energy sector.
  • Used to work in an international environment and different geographies is a plus.
  • Domain Microsoft Office package, especially Microsoft Excel, Word and Power Point.
  • Interest and proficiency in database management, combined with knowledge of other programming tools (such as Python, R, SQL) or Power BI
  • Strong organization skills and ability to coordinate multiple tasks and deliverables
  • Ability to multi-task, while working independently and as part of a team
  • Motivated self-starter, goal-oriented, and strong problem-solving abilities
  • Fluency in Spanish is a plus