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Contract Probabilistic Risk Analysis Engineer Jobs in Houston, TX

Alpha Generation

Sr. Risk Analyst

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 ...

Alpha Generation

Sr. Risk Analyst

Houston, TX · On-site

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 ...

Optimus

Endur SME - Risk and Valuation

Houston, TX · On-site

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 ...

Harris County, TX

Contract Specialist

Houston, TX · On-site

Engineering Department Opening Date: 07/29/2026 Closing Date: 8/12/2026 1:07 PM Central Position ... risk analysis. * Attention to detail and strong organization. * Excellent communication skills ...

Harris County

Contract Specialist

Houston, TX

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

Harris County

Contract Specialist

Houston, TX · On-site

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

Pilot Company

Sr Analyst, Market Risk

Houston, TX · On-site

Proficiency in a programming language such as SQL, Python, and R * Understanding of VaR models and Statistical methods in the analysis of the Market Risk process in a trading environment * This ...

Pilot Company

Sr Analyst, Market Risk

Houston, TX · On-site

Proficiency in a programming language such as SQL, Python, and R * Understanding of VaR models and Statistical methods in the analysis of the Market Risk process in a trading environment * This ...

Pilot Flying J

Sr Analyst, Market Risk

Houston, TX · On-site

Proficiency in a programming language such as SQL, Python, and R * Understanding of VaR models and Statistical methods in the analysis of the Market Risk process in a trading environment * This ...

Pilot Company

Sr Analyst, Market Risk

Houston, TX · On-site

Proficiency in a programming language such as SQL, Python, and R * Understanding of VaR models and Statistical methods in the analysis of the Market Risk process in a trading environment * This ...

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Showing results 21-40

All JobsContract Probabilistic Risk Analysis Engineer JobsContract Probabilistic Risk Analysis Engineer Jobs in Houston, TX

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 Aug 8, 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?

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:
Contract Probabilistic Risk Analysis Engineer jobs near you

Senior Market Risk Analyst - Power & Gas

Gunvor

Houston, TX • On-site

Full-time

Re-posted 2 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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