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Contract Probabilistic Risk Analysis Engineer Jobs in New York, NY

Risk Analyst I

Warren, NJ ยท Hybrid

$57K - $98K/yr

Bachelor's degree in Risk Management, Actuarial Science, Finance, Economics, Mathematics, Statistics, Data Analytics, Engineering, or a related quantitative discipline. * 1-3 years of experience in ...

Risk Analyst I

Warren, NJ ยท On-site

$57K - $98K/yr

Bachelor's degree in Risk Management, Actuarial Science, Finance, Economics, Mathematics, Statistics, Data Analytics, Engineering, or a related quantitative discipline. * 1-3 years of experience in ...

This includes coordination of fellow team members as well as collaboration with Engineering ... Sentiment Analysis, Topic Modeling, Text Classification, Semantic Analysis, and Named Entity ...

Posted today

Cybersecurity Risk Analyst II

New York, NY ยท On-site

$119K - $140K/yr

Partnering closely with Engineering, Product, Legal, Privacy, and Security teams, you'll influence ... Support risk quantification initiatives by applying probabilistic and data-driven approaches to ...

Credit Risk Analyst

Parsippany, NJ ยท Hybrid

$29.25/hr

... month contract basis. This hybrid opportunity is ideal for an analytical professional with ... Qualifications * 1 to 3 years of experience in credit risk analysis, collections, deductions ...

Analyze insurance coverage and identify gaps or opportunities for cost reductions. Manage insurance ... claims frequency Recommend engineering and administrative controls to reduce loss exposure.

Analyze insurance coverage and identify gaps or opportunities for cost reductions. Manage insurance ... claims frequency Recommend engineering and administrative controls to reduce loss exposure.

Engineer the data logistics to ensure that the correct market data, trade data, and model ... trading, and risk management teams. The base compensation range for this role in the posted ...

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 ...

Engineer the data logistics to ensure that the correct market data, trade data, and model ... trading, and risk management teams. The base compensation range for this role in the posted ...

Senior Fintech Risk Analyst

Manhattan, NY ยท On-site

$122.72 - $137.50/hr

We enable fintechs to offer compliant, programmable services like payments, lending, and digital ... Conduct the risk analysis and due diligence for 4th-party vendors, while building and maintaining ...

New

Showing results 21-40

Contract Probabilistic Risk Analysis Engineer information

See New York, NY salary details

$41.6K

$126.8K

$209.5K

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

As of Aug 21, 2026, the average yearly pay for contract probabilistic risk analysis engineer in New York, NY is $126,760.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,800.00 and $165,700.00 per year, depending on experience, location, and employer.

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 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 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 most commonly searched types of Probabilistic Risk Analysis Engineer jobs in New York, NY?

The most popular types of Probabilistic Risk Analysis Engineer jobs in New York, NY are:

What are popular job titles related to Contract Probabilistic Risk Analysis Engineer jobs in New York, NY?

For Contract Probabilistic Risk Analysis Engineer jobs in New York, NY, the most frequently searched job titles are:

What job categories do people searching Contract Probabilistic Risk Analysis Engineer jobs in New York, NY look for?

The top searched job categories for Contract Probabilistic Risk Analysis Engineer jobs in New York, NY are:

What cities near New York, NY are hiring for Contract Probabilistic Risk Analysis Engineer jobs?

Cities near New York, NY with the most Contract Probabilistic Risk Analysis Engineer job openings:

Business Analyst -Credit Risk, Market Risk, Counterparty Risk

Accord Technologies Inc.

New York, NY โ€ข On-site

Contractor

Re-posted 8 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