Think the OP question is somewhat ... "wrong".
It wasn't Hitler who "chose" Raeder, it was Groener as Reichswehrminister in 1928, after his predecesor
Hans Zenker fell for the
"Lohmann"-affair, kind of a "Watergate"-affair revealing secret armament buisnesses and their finances of the Reichmarine (see the 1st link inthe list, the CIA-Report about it ;-)).
Therefore, first you have to look, who else Groener could/should have chosen in 1928 instead of an ITTL non-existant anymore Raeder.
Raeder was someone Hitler "took over" and someone who, VERY quickly adopted to his new "master"
(aka : Raeder was a damn, bloody turncoat ... personal opinion ... should have been left to rot at the Marinearchiv).
Some proposals :
Walter Gladisch
or
Iwan Oldekop
Both were made Konteradmirals before the Lohmann-affair. Both were "active" in the Reichsmarine right from 1921. Both were already involved in the search for a successor of Trotha after the Kapp-putsch. They "knew" their ways around in the internal marine-politics ;-). ... In a way part of the reason Groener IOTL chose the in that respect rather "silent" and sidelined Raeder in 1928.
While Oldekop might also be rendered a "Tirpitzian", aka battlkeship-lover, Gladisch was someone with a more ... practical approach and at least leaning towards more towards a more modern cruiser-sub-warfare approach, than most of the other naval big-heads.
However, both were quite ... self-sufficient personalities (more than turncoat Raeder) and it might be questionable, if Hitler wouldn't have replaced them (more ??) sooner or later with someoneelss ... then perhaps with a "young, fresh" face ? ... like ... Dönitz ... already in let's say 1935/36 ?