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Contract Probabilistic Risk Analysis Engineer Jobs in Houston, TX

Perform daily risk analysis and valuation of trading positions across power markets/ISOs ... Bachelor's degree in finance, economics, engineering, mathematics, computer science or a related ...

Partner closely with risk analysts, developers, and traders to configure and validate market risk solutions in Endur. * Evaluate and recommend enhancements to Endur's VaR, PNL, and exposure reporting ...

Quantitative Risk Analyst Contract Type: Permanent Time Type: Full time Quantitative Risk Analyst ... Programming experience or advanced knowledge of programming concepts. Experience working in a team ...

Engineering Department Opening Date: 06/01/2026 Closing Date: 6/15/2026 1:07 PM Central Position ... risk analysis. * Attention to detail and strong organization. * Excellent communication skills ...

Quantitative Risk Analyst Contract Type: Permanent Time Type: Full time Quantitative Risk Analyst ... Python preferred. • Programming experience or advanced knowledge of programming concepts. • ...

Confers with the department's engineering, operations, maintenance, and other technical personnel ... and perform risk analysis. Attention to detail and strong organization. Excellent communication ...

Confers with the department's engineering, operations, maintenance, and other technical personnel ... and perform risk analysis. Attention to detail and strong organization. Excellent communication ...

Bachelor's in Finance, Economics, Accounting, Engineering, or other mathematical/quantitative discipline * 7+ years in market risk, middle office, commodity analysis, or risk control * Strong ...

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Contract Probabilistic Risk Analysis Engineer information

See Houston, TX salary details

$36.3K

$110.6K

$182.9K

How much do contract probabilistic risk analysis engineer jobs pay per year?

As of Jun 12, 2026, the average yearly pay for contract probabilistic risk analysis engineer in Houston, TX is $110,647.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,300.00 and $144,700.00 per year, depending on experience, location, and employer.

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.
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What cities near Houston, TX are hiring for Contract Probabilistic Risk Analysis Engineer jobs? Cities near Houston, TX with the most Contract Probabilistic Risk Analysis Engineer job openings:
Risk Management Analyst with Security Clearance

Risk Management Analyst with Security Clearance

Tecolote Research

Houston, TX

Other

Posted 17 days ago


Job description

Overview Seeking a motivated and detail-oriented Risk Management to join our team. This entry-level position provides systems engineering support focused on risk identification, analysis, and mitigation strategies in support of defense and space programs. The ideal candidate will work under close supervision and contribute to the development and evaluation of risk management processes, documentation, and related systems engineering activities.

Responsibilities Assist in the development and maintenance of risk registers, risk mitigation plans, and related documentation Support risk identification, analysis, and prioritization across programs and projects Participate in risk review boards and support coordination with stakeholders Assist in applying risk tools and techniques to support program decision-making Ensure compliance with customer and program-specific risk management standards and best practices Contribute to other systems engineering tasks as required Skills Required Bachelor's degree (BS/BA) in Business Management, Economics, Math, Engineering, or Economics. 0-3 years of experience in systems engineering, risk management, or a related discipline Strong analytical and communication skills Proficiency in Microsoft Office tools (Excel, PowerPoint, Word) Ability to work collaboratively in a team environment Must be a U.S. Citizen and able to obtain a government security clearance Preferred Qualifications: Familiarity with risk management frameworks (e.g., DoD, NASA, ISO) Exposure to program management or systems engineering environments * Basic understanding of quantitative and qualitative risk analysis techniques Education Bachelor's degree required, preferably in math, engineering, business, or the sciences.