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Senior Operational Risk Analyst Jobs in Houston, TX

Alpha Generation

Sr. Risk Analyst

Houston, TX

Senior Analyst, Risk - Houston, Texas Company Information: Alpha Generation manages and operates ... This highly experienced senior management team has a proven track record of strategic, operational ...

Alpha Generation

Sr. Risk Analyst

Houston, TX · On-site

Senior Analyst, Risk - Houston, Texas Company Information: Alpha Generation manages and operates ... This highly experienced senior management team has a proven track record of strategic, operational ...

Cotton Holdings

Risk Analyst

Houston, TX · On-site

As a Risk Analyst , you'll play a vital role in ensuring operational and financial stability while ... We offer real-world experience, exposure to senior leadership, and a clear path for professional ...

Worley

Senior Risk Analyst

Houston, TX · On-site

... to operations and decommissioning. Leveraging extensive experience and AI-enabled delivery, we ... To conduct Cost / Schedule Risk Analysis Workshop sessions, facilitating workshops building bespoke ...

Aramco

Market Risk Analyst

Houston, TX · On-site

Collaborate closely with senior analysts to contribute to the refinement of risk models and offer ... on trading operations. * Support the implementation of risk mitigation strategies to curtail ...

Arthur Lawrence

Sr. Risk Analyst Supervisor

Houston, TX · On-site

Arthur Lawrence is looking for a Sr Risk Analyst Supervisor one of our clients in Houston, TX. Please find the below and send us your updated resume if interested: Must-Have Skills: * 7+ years of ...

Arthur Lawrence

Sr. Risk Analyst Supervisor

Houston, TX · On-site

Arthur Lawrence is looking for a Sr Risk Analyst Supervisor one of our clients in San Houston, TX. Please find the below and send us your updated resume if interested: Must-Have Skills: * 7+ years of ...

Targa

Risk Analyst

Houston, TX · On-site

Support the execution of the strategic and operational objectives of the risk management and ... Review and analyze insurance policies when an interpretation of contract terms is needed, or when ...

Targa

Risk Analyst

Houston, TX · On-site

Support the execution of the strategic and operational objectives of the risk management and ... Review and analyze insurance policies when an interpretation of contract terms is needed, or when ...

Targa Resources

Risk Analyst

Houston, TX · On-site

Support the execution of the strategic and operational objectives of the risk management and ... Review and analyze insurance policies when an interpretation of contract terms is needed, or when ...

Phillips 66

Market Risk Analyst

Houston, TX · On-site

$125K - $152K/yr

... senior colleagues. * Monitor risk parameters and trading limits within established frameworks ... Support and maintain a robust internal control and operational compliance environment by following ...

Phillips 66

Market Risk Analyst

Houston, TX · On-site

$125K - $152K/yr

... senior colleagues. * Monitor risk parameters and trading limits within established frameworks ... Support and maintain a robust internal control and operational compliance environment by following ...

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All JobsOperational Risk Analyst JobsSenior Operational Risk Analyst JobsSenior Operational Risk Analyst Jobs in Houston, TX

Senior Operational Risk Analyst information

See Houston, TX salary details

$51.1K

$104.9K

$136K

How much do senior operational risk analyst jobs pay per year?

As of Aug 19, 2026, the average yearly pay for senior operational risk analyst in Houston, TX is $104,851.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,400.00 and $130,800.00 per year, depending on experience, location, and employer.

What does a senior operational risk analyst do?

A Senior Operational Risk Analyst is responsible for identifying, assessing, and mitigating risks that could affect an organization’s operations. They analyze internal processes, monitor compliance with regulations, and develop strategies to minimize potential losses or disruptions. In this role, they collaborate with various departments to ensure effective risk management and provide recommendations for improving controls. Their expertise helps protect the organization from financial, reputational, and operational harm.

How does a senior operational risk analyst typically collaborate with other departments to identify and mitigate risks?

A Senior Operational Risk Analyst works closely with departments such as compliance, internal audit, IT, and business units to identify, assess, and monitor operational risks. This collaboration often involves regular meetings, risk workshops, and sharing of data or incident reports to ensure all potential risks are captured and managed effectively. The analyst also helps develop and implement risk mitigation strategies, offering guidance and training to staff across teams. Effective communication and relationship-building are essential, as the role often requires balancing diverse perspectives to support the organization's risk management objectives.

What are the key skills and qualifications needed to thrive as a senior operational risk analyst, and why are they important?

A Senior Operational Risk Analyst must have strong analytical skills, in-depth knowledge of risk management frameworks, and a relevant degree such as finance, business, or risk management. Proficiency with risk assessment software, data analytics tools (like SAS or Excel), and certifications such as FRM or ORM are commonly required. Outstanding communication, attention to detail, and problem-solving abilities help them collaborate effectively and deliver actionable insights. These skills ensure accurate risk identification, effective mitigation strategies, and compliance with regulatory standards.

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

AspectSenior Operational Risk AnalystOperational Risk Analyst
Required CredentialsBachelor's degree, professional certifications (e.g., ORM, FRM)Bachelor's degree, some certifications preferred
Work EnvironmentFinancial institutions, large corporations, risk management teamsFinancial firms, banks, insurance companies
Employer & Industry UsageUsed in senior roles within risk departmentsEntry to mid-level roles in risk management
Common Search & ComparisonOften compared for career progressionBase role for operational risk careers

The main difference between a Senior Operational Risk Analyst and an Operational Risk Analyst lies in experience, responsibilities, and seniority. The senior role typically involves more complex risk assessments, leadership, and strategic input, while the operational risk analyst focuses on data collection, analysis, and supporting risk management processes. Both roles are essential in financial and corporate sectors, with the senior position representing a step up in expertise and scope.

What are popular job titles related to Senior Operational Risk Analyst jobs in Houston, TX?

For Senior Operational Risk Analyst jobs in Houston, TX, the most frequently searched job titles are:

What job categories do people searching Senior Operational Risk Analyst jobs in Houston, TX look for?

The top searched job categories for Senior Operational Risk Analyst jobs in Houston, TX are:

What cities near Houston, TX are hiring for Senior Operational Risk Analyst jobs?

Cities near Houston, TX with the most Senior Operational Risk Analyst job openings:

Senior Operational Risk Analyst jobs near you
Infographic showing various Senior Operational Risk Analyst job openings in Houston, TX as of August 2026, with employment types broken down into 90% Full Time, 8% Part Time, and 2% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $104,900 per year, or $50.4 per hour.

Senior Market Risk Analyst - Power & Gas

Gunvor

Houston, TX • On-site

Full-time

Re-posted 13 days ago

Job description

Job Title:
Senior Market Risk Analyst - Power & Gas
Contract Type:
Permanent
Time Type:
Full time
Job Description:
Position: Senior Risk Analyst - Gas & Power
Position Purpose & Summary:
The Senior Risk Analyst - Gas & Power owns day-to-day market risk monitoring for our gas and power portfolios across the Americas, providing timely analysis, and risk reporting. This is a senior individual contributor role with clear career path to a manager role as the team grows. The role partners closely with trading desks, middle office, compliance, finance, and ops to ensure disciplined risk-taking, robust controls, and actionable insights.
Main Responsibilities:
  • Market Risk Monitoring & Limits
    • Monitor intraday and end-of-day market exposures (VaR, P&L-attribution, Greeks where applicable) for gas and power portfolios.
    • Enforce and report against trading limits, dealer limits, VaR and stress-test thresholds; escalate breaches and remedial actions.
  • Stress Testing & Scenario Analysis
    • Design and run scenario analyses and stress tests (historical and hypothetical) to assess portfolio resilience under market shocks.
    • Provide forward-looking risk outlooks and identify concentration or liquidity risks.
    • Assess exposure to tail risks, volatility spikes, and dislocations in gas and power markets.
  • Trade Capture & Valuation Oversight
    • Review model inputs (curves, vol surfaces, hubs, heat rates) and raise model or input exceptions.
    • Maintain and enhance valuation and risk models, testing methodologies and validating assumptions against market fundamentals.
  • Reporting & Controls
    • Monitor and enforce trading mandates, VaR limits, position limits, and stress thresholds.
    • Maintain strong control frameworks, audit trails, and policy compliance in line with internal and regulatory requirements.
    • Partner with Compliance, Legal, Credit, and Finance to ensure robust governance and adherence to risk policies.
    • Implement and improve risk processes and automated controls to reduce operational risk.
  • Stakeholder Partnership & Advisory
    • Act as a trusted risk partner to traders and desk heads-provide real-time decision support, trade-level risk assessments and pre-trade checks.
    • Train and mentor junior risk analysts; contribute to hiring and process scaling.

Competencies / Key Skills
  • Strong quantitative and analytical capability with market intuition for gas & power markets.
  • Understanding of extrinsic risk/options.
  • Advanced Excel, VBA and experience with risk systems (e.g., Endur, Allegro, Murex, Calypso, or proprietary systems) and BI tools (Power BI/Tableau) preferred.
  • Solid understanding of VaR, stress testing, P&L attribution, Greeks/option risk, and forward curves/shape dynamics.
  • Excellent stakeholder management and communication skills-able to translate analysis into clear recommendations.
  • High attention to detail, process orientation, and appreciation for controls and auditability.
  • Ability to work under pressure, prioritize multiple requests, and provide timely outputs for trading hours.

Education
  • Bachelor's degree in Finance, Economics, Mathematics, Engineering, or related quantitative field. Advanced degree (MS/MA) or professional risk certification (FRM, PRM) is a plus.

Experience
  • 5-8+ years' experience in market risk, commodity risk, or trading support in gas/power or broader commodities markets.
  • Direct experience with physical and financial gas/power products, time spreads, fixed-price contracts, storage, and LNG preferred.
  • Proven track record producing risk reporting, P&L attribution and supporting front-office decision making.

Technical Skills
  • Proficient in Excel (advanced modelling), SQL or Python for data pulls/analysis.
  • Familiarity with trading/risk platforms (Endur/Allegro, ETRM systems) and market data feeds.
  • Experience with Workday or HR systems not required but helpful for internal coordination.

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