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Contract Probabilistic Risk Analysis Engineer Jobs in New York

... BPM), analytics, and AI-driven solutions. The company partners with organizations to improve ... Job Title: Context Engineer (Model Risk Focus) Location: NYC, NY, 10003 Duration: 6 months Rate ...

Partner with sales and business development leadership to evaluate and expand new commercial channels, supporting growth initiatives through risk analysis, contract considerations, and operational ...

Partner with sales and business development leadership to evaluate and expand new commercial channels, supporting growth initiatives through risk analysis, contract considerations, and operational ...

Risk Analyst - General

Greenwich, CT · On-site

$105K - $140K/yr

... risk analytics (VAR, stress testing) for multiple trading business. The position will assist in ... An advanced degree in engineering, math, or related field and programming experience are preferred.

New

Risk Manager

New York, NY · Hybrid

$150K - $165K/yr

Present portfolio risk and performance analysis to senior leaders across the firm. Have strong programming skills to enable problem solving, development of solutions that can be scaled across ...

Bachelor's degree required, preferably in Finance, Economics, Mathematics, Engineering, Computer Science, or a related field * 1-2 years of relevant experience in risk management, analytics, trading ...

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Contract Probabilistic Risk Analysis Engineer information

What are some common challenges faced by Contract Probabilistic Risk Analysis Engineers, and how can they be addressed?

Contract Probabilistic Risk Analysis Engineers often face the challenge of quickly integrating into new teams and projects, requiring rapid understanding of industry-specific risk models and standards. Balancing diverse stakeholder expectations, tight deadlines, and incomplete data sets can add complexity to analysis tasks. To address these challenges, effective communication, adaptability, and strong analytical skills are essential. Leveraging standard risk analysis frameworks and maintaining clear documentation can also help ensure consistency and accuracy in deliverables.

What is the difference between Contract Probabilistic Risk Analysis Engineer vs Contract Reliability Engineer?

AspectContract Probabilistic Risk Analysis EngineerContract Reliability Engineer
CredentialsTypically requires engineering degrees, certifications in risk analysis or reliability (e.g., ASQ, IRCA)Requires engineering degrees, certifications in reliability or maintenance (e.g., CRE, RCM)
Work EnvironmentFocuses on risk modeling, probabilistic assessments, often in industries like energy, aerospaceFocuses on system reliability, maintenance strategies, often in manufacturing, utilities
Industry UsageCommon in nuclear, aerospace, oil & gas sectorsCommon in manufacturing, power plants, industrial facilities

The Contract Probabilistic Risk Analysis Engineer specializes in quantitative risk modeling using probabilistic methods, while the Contract Reliability Engineer emphasizes system reliability and maintenance strategies. Both roles require engineering backgrounds but focus on different aspects of safety and system performance within similar industries.

What are the key skills and qualifications needed to thrive as a Contract Probabilistic Risk Analysis Engineer, and why are they important?

To thrive as a Contract Probabilistic Risk Analysis Engineer, you need a solid background in engineering, mathematics, and statistics, often supported by a relevant degree and experience with risk analysis methodologies. Familiarity with technical tools such as Monte Carlo simulation software, fault tree analysis programs, and industry-specific risk assessment platforms is typically required. Strong analytical thinking, attention to detail, and effective communication skills help you interpret complex data and present findings to stakeholders. These competencies are crucial for accurately identifying and mitigating risks in projects, ensuring safety, compliance, and project success.

What is a Contract Probabilistic Risk Analysis Engineer?

A Contract Probabilistic Risk Analysis Engineer is a professional hired on a contractual basis to assess and quantify risks in engineering projects using probabilistic methods. They use statistical models and simulations to predict the likelihood and potential impact of various risks, helping organizations make informed decisions. These engineers often work in industries like energy, aerospace, or construction, and their analysis supports project safety, reliability, and cost-effectiveness. Their expertise helps organizations mitigate uncertainties and optimize project outcomes.
What are the most commonly searched types of Probabilistic Risk Analysis Engineer jobs in New York? The most popular types of Probabilistic Risk Analysis Engineer jobs in New York are:
What job categories do people searching Contract Probabilistic Risk Analysis Engineer jobs in New York look for? The top searched job categories for Contract Probabilistic Risk Analysis Engineer jobs in New York are:
What cities in New York are hiring for Contract Probabilistic Risk Analysis Engineer jobs? Cities in New York with the most Contract Probabilistic Risk Analysis Engineer job openings:
Business Analyst -Credit Risk, Market Risk, Counterparty Risk

Business Analyst -Credit Risk, Market Risk, Counterparty Risk

Accord Technologies Inc.

New York, NY • On-site

Contractor

Re-posted 3 days ago


Job description

Job Title: Business Analyst (Credit Risk, Market Risk, Counterparty Risk)
Location: New York, NY (onsite)
Duration: 12 months 
Job Type: W2 contract.
 
We are seeking an experienced Risk Business Analyst to bridge the gap between our Risk Management organization and Technology teams in New York City. This role requires deep subject matter expertise in Credit Risk, Market Risk, and Counterparty Credit Risk (CVA) to drive requirements for risk system enhancements, regulatory implementations, and data infrastructure projects.
Key ResponsibilitiesRisk Analysis & Requirements
  • Elicit and document detailed business requirements for risk measurement systems (VaR, PFE, EPE, SIMM, SA-CCR)

  • Analyze data flows for risk aggregation, stress testing (CCAR/DFAST), and regulatory reporting (Basel III/IV, FRB 2052a)

  • Define specifications for limit monitoring, collateral management, and risk attribution

Stakeholder Management
  • Serve as liaison between Front Office, Risk Managers, Quants, and IT teams

  • Conduct gap analysis of current systems vs. business needs for trading book/banking book risks

  • Present solution recommendations to senior stakeholders

Project Delivery
  • Lead UAT for risk system implementations

  • Create data dictionaries and mapping documents for risk factor transformations

  • Support remediation of audit findings and regulatory requirements

Required Qualifications

Domain Expertise:

  • 9+ years as a Risk Business Analyst in capital markets

  • Hands-on experience with:

    • Credit Risk: Exposure methodologies (PFE, EAD), ratings, RWA calculations

    • Market Risk: VaR (Historical/Parametric), stress testing, product coverage

    • Counterparty Risk: CVA/DVA, margin frameworks (SIMM, ISDA SIMM)

Technical Skills:

  • Proficient in SQL for data analysis

  • Experience with risk systems: Moodys RiskFrontier, Algorithmics, Bloomberg MARS, RiskMetrics

  • Understanding of risk data models and regulatory timelines

Soft Skills:

  • Exceptional communication for technical and non-technical audiences

  • Proven ability to manage conflicting priorities