Manager, Commercial Risk

Job Description Posted Friday, May 29, 2026 at 7:00 AM Join the Texon Team! Texon is a leader in butane blending and energy marketing. Since 1989, we’ve pioneered blending innovations and hold patent rights worldwide. As a Savage company, we’re proud to be recognized as a Military Friendly Employer, and we welcome Military Veterans and Reservists to apply. To Apply for this position, click on the "Apply" button above and complete the application. Military Veterans and National Guard Reservists are encouraged to apply! The Basics: Location: Houston, TX Days/Hours: 8 hours M-F These are just a few of the benefits you can expect from working with Savage: Excellent benefits including medical, dental, vision, PTO, Holidays, Profit Sharing, and 401(k) with match. Uniform Services Time Off (USTO) Uniform Services Differential Pay A culture that appreciates Team Members What you’ll be doing: Lead commercial risk oversight with strong independent judgment and decision-making Conduct credit risk assessments, counterparty analysis, and manage credit exposure (including PFE and concentration risk) Oversee trade lifecycle governance, ensuring compliance, accurate trade capture, confirmations, and contract integrity Partner with trading and commercial teams to balance risk and return through scenario analysis, stress testing, and sensitivity modeling Evaluate and monitor market risk, including NOP, MtM, hedge ratios, basis exposure, and hedging effectiveness Implement and assess risk mitigation strategies (collateral, guarantees, letters of credit) and their economic impact Ensure pricing and commercial decisions reflect risk-adjusted returns, including credit, hedging, and capital costs Administer and enhance Credit Policy, including credit reviews, limit setting, and counterparty evaluation processes Ensure adherence to trading limits, approvals, and delegation of authority; coordinate issue resolution across key stakeholders (Commercial, Operations, Accounting, Treasury) Support financial modeling and valuation for acquisitions and commercial investments, incorporating downside scenarios and risk factors Identify execution, integration, and control risks across systems, processes, and counterparties Provide independent challenge to investment assumptions and commercial decisions Maintain and enhance risk, hedging, credit, and compliance frameworks and policies Support executive risk governance, escalation forums, and investment reviews Serve as a key resource during business continuity events, preserving and transferring institutional knowledge Requirements to be successful in this position: Bachelor’s degree in Finance, Accounting, Economics, or related field 5+ years of experience in commercial, market, or credit risk (commodity trading or asset-based environments preferred) Strong understanding of physical/financial commodity markets and commercial economics Proven ability to analyze and communicate risk exposure, hedge performance, and credit risk Experience supporting the full trade lifecycle from execution through settlement Ability to operate independently within a front‑office commercial environment Strong judgment and confidence to provide independent risk challenge Excellent analytical, communication, and stakeholder management skills Additional Information: A complete job description is available upon request Savage is an Equal Opportunity Employer and maintains a drug-free workplace You may view available jobs at and apply using the online job posting. Eligible full‑time team members may participate in the company benefit package, which currently includes medical, dental, and vision plans; company‑paid life, AD&D and disability insurance; supplemental life and disability options; health savings and flex spending accounts; profit sharing; PTO, and a 401(k) plan with match. Part‑time team members are eligible to participate in the 401(k) plan with match, profit sharing, PTO, and may be eligible to participate in the medical plan depending on hours worked. Our benefit packages may change from time to time. Savage Texon, 11757 Katy Fwy, Houston, Texas, United States of America #J-18808-Ljbffr Texonmidstream