Activities are centered on Risk management and analysis, transparency and escalation of Risk ... Engineering, Mathematics) preferred. * Demonstrable knowledge of core market risk principles ...
Activities are centered on Risk management and analysis, transparency and escalation of Risk ... Engineering, Mathematics) preferred. * Demonstrable knowledge of core market risk principles ...
Senior Nuclear Risk Specialist
White Plains, NY · On-site
$123K - $169K/yr
Advanced knowledge of spreadsheets and/or statistical analysis packages, Excel, Word, PowerPoint ... Serve as a subject matter expert on nuclear risk, providing training and mentorship to engineers ...
Senior Nuclear Risk Specialist
White Plains, NY · On-site
$123K - $169K/yr
Advanced knowledge of spreadsheets and/or statistical analysis packages, Excel, Word, PowerPoint ... Serve as a subject matter expert on nuclear risk, providing training and mentorship to engineers ...
Senior Nuclear Risk Specialist
White Plains, NY · On-site
$123K - $169K/yr
Advanced knowledge of spreadsheets and/or statistical analysis packages, Excel, Word, PowerPoint ... Serve as a subject matter expert on nuclear risk, providing training and mentorship to engineers ...
Senior Nuclear Risk Specialist
White Plains, NY · On-site
$123K - $169K/yr
Advanced knowledge of spreadsheets and/or statistical analysis packages, Excel, Word, PowerPoint ... Serve as a subject matter expert on nuclear risk, providing training and mentorship to engineers ...
Portfolio Risk Manager
$160K - $190K/yr
The Portfolio Analytics and Monitoring ("PAM") team operates within the Portfolio Risk function as ... Mathematics, Statistics, Engineering, or related discipline is preferred. Professional ...
Portfolio Risk Manager
$160K - $190K/yr
The Portfolio Analytics and Monitoring ("PAM") team operates within the Portfolio Risk function as ... Mathematics, Statistics, Engineering, or related discipline is preferred. Professional ...
Portfolio Risk Manager
Manhattan, NY · On-site
$160K - $190K/yr
The Portfolio Analytics and Monitoring ("PAM") team operates within the Portfolio Risk function as ... Mathematics, Statistics, Engineering, or related discipline is preferred. Professional ...
Portfolio Risk Manager
Manhattan, NY · On-site
$160K - $190K/yr
The Portfolio Analytics and Monitoring ("PAM") team operates within the Portfolio Risk function as ... Mathematics, Statistics, Engineering, or related discipline is preferred. Professional ...
VP, Counterparty Credit Risk Quantitative Analyst
$185K - $200K/yr
The successful candidate will also provide quantitative risk analysis to support day-to-day ... programming languages, with strong data-handling skills in SQL. * Strong project management ...
VP, Counterparty Credit Risk Quantitative Analyst
$185K - $200K/yr
The successful candidate will also provide quantitative risk analysis to support day-to-day ... programming languages, with strong data-handling skills in SQL. * Strong project management ...
VP, Counterparty Credit Risk Quantitative Analyst
Manhattan, NY · On-site
$185K - $200K/yr
The successful candidate will also provide quantitative risk analysis to support day-to-day ... programming languages, with strong data-handling skills in SQL. * Strong project management ...
VP, Counterparty Credit Risk Quantitative Analyst
Manhattan, NY · On-site
$185K - $200K/yr
The successful candidate will also provide quantitative risk analysis to support day-to-day ... programming languages, with strong data-handling skills in SQL. * Strong project management ...
At least 3 years of experience in Risk Management, Network Engineering, Data Governance, or Project ... Excellent problem-solving, analytical and critical thinking skills to effectively respond to ...
At least 3 years of experience in Risk Management, Network Engineering, Data Governance, or Project ... Excellent problem-solving, analytical and critical thinking skills to effectively respond to ...
Senior Python Developer with Liquidity Analysis and Risk Analytics
Manhattan, NY · On-site
$133K - $180K/yr
Senior Python Developer with Liquidity Analysis and Risk Analytics Location: : New York NY (ONSIET 4 DAYS A WEEK) FULLTIME/CONTRACT : Required Skills: Good Python developer with risk analytic ...
Senior Python Developer with Liquidity Analysis and Risk Analytics
Manhattan, NY · On-site
$133K - $180K/yr
Senior Python Developer with Liquidity Analysis and Risk Analytics Location: : New York NY (ONSIET 4 DAYS A WEEK) FULLTIME/CONTRACT : Required Skills: Good Python developer with risk analytic ...
Advanced degree in a relevant field (e.g., Actuarial Science, Statistics, Geophysics, Engineering, Applied Mathematics, or similar). * A minimum of 15 years' experience in catastrophe risk analytics ...
Advanced degree in a relevant field (e.g., Actuarial Science, Statistics, Geophysics, Engineering, Applied Mathematics, or similar). * A minimum of 15 years' experience in catastrophe risk analytics ...
Advanced degree in a relevant field (e.g., Actuarial Science, Statistics, Geophysics, Engineering, Applied Mathematics, or similar). * A minimum of 15 years' experience in catastrophe risk analytics ...
Advanced degree in a relevant field (e.g., Actuarial Science, Statistics, Geophysics, Engineering, Applied Mathematics, or similar). * A minimum of 15 years' experience in catastrophe risk analytics ...
Global Head of Catastrophe Risk Analytics
Manhattan, NY · On-site
$250 - $380/hr
Advanced degree in a relevant field (e.g., Actuarial Science, Statistics, Geophysics, Engineering, Applied Mathematics, or similar).* A minimum of 15 years' experience in catastrophe risk analytics ...
Global Head of Catastrophe Risk Analytics
Manhattan, NY · On-site
$250 - $380/hr
Advanced degree in a relevant field (e.g., Actuarial Science, Statistics, Geophysics, Engineering, Applied Mathematics, or similar).* A minimum of 15 years' experience in catastrophe risk analytics ...
VP, Senior Equity Derivatives Risk Quant
$180K - $200K/yr
Value-at-Risk (VaR) and capital charge calculation * Scenario analysis and stress testing ... Advanced Python programming skills, with experience building and maintaining scalable analytics ...
VP, Senior Equity Derivatives Risk Quant
$180K - $200K/yr
Value-at-Risk (VaR) and capital charge calculation * Scenario analysis and stress testing ... Advanced Python programming skills, with experience building and maintaining scalable analytics ...
Treasury Risk Analyst
Manhattan, NY · On-site
$100K - $130K/yr
Collect, analyze, and scrutinize liquidity risk data from various departments, and update stress ... Bachelor's degree or equivalent, in finance, economics, data processing and programming with 5+ ...
Quick apply
Treasury Risk Analyst
Manhattan, NY · On-site
$100K - $130K/yr
Collect, analyze, and scrutinize liquidity risk data from various departments, and update stress ... Bachelor's degree or equivalent, in finance, economics, data processing and programming with 5+ ...
VP, Senior Equity Derivatives Risk Quant
Manhattan, NY · On-site
$180K - $200K/yr
Value-at-Risk (VaR) and capital charge calculation * Scenario analysis and stress testing ... Advanced Python programming skills, with experience building and maintaining scalable analytics ...
VP, Senior Equity Derivatives Risk Quant
Manhattan, NY · On-site
$180K - $200K/yr
Value-at-Risk (VaR) and capital charge calculation * Scenario analysis and stress testing ... Advanced Python programming skills, with experience building and maintaining scalable analytics ...
In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation ... Python and R programming for statistical analysis, model estimation, diagnostics, and testing;
In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation ... Python and R programming for statistical analysis, model estimation, diagnostics, and testing;
Treasury Risk Analyst
$100K - $130K/yr
Collect, analyze, and scrutinize liquidity risk data from various departments, and update stress ... Bachelor's degree or equivalent, in finance, economics, data processing and programming with 5+ ...
Treasury Risk Analyst
$100K - $130K/yr
Collect, analyze, and scrutinize liquidity risk data from various departments, and update stress ... Bachelor's degree or equivalent, in finance, economics, data processing and programming with 5+ ...
In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation ... Python and R programming for statistical analysis, model estimation, diagnostics, and testing;
In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation ... Python and R programming for statistical analysis, model estimation, diagnostics, and testing;
Activities are centered on risk management and analysis, transparency and escalation of risk ... Collaboration with Risk Engineering colleagues on the development of new risk measures / stress ...
Activities are centered on risk management and analysis, transparency and escalation of risk ... Collaboration with Risk Engineering colleagues on the development of new risk measures / stress ...
Activities are centered on risk management and analysis, transparency and escalation of risk ... Collaboration with Risk Engineering colleagues on the development of new risk measures / stress ...
Activities are centered on risk management and analysis, transparency and escalation of risk ... Collaboration with Risk Engineering colleagues on the development of new risk measures / stress ...
Probabilistic Risk Analysis Engineer information
See New York salary details
$41.6K - $56.8K
5% of jobs
$56.8K - $72.1K
7% of jobs
$72.1K - $87.4K
9% of jobs
$90.6K is the 25th percentile. Wages below this are outliers.
$87.4K - $102.6K
14% of jobs
The median wage is $116.4K / yr.
$102.6K - $117.9K
16% of jobs
$117.9K - $133.2K
13% of jobs
$133.2K - $148.4K
6% of jobs
$156.6K is the 75th percentile. Wages above this are outliers.
$148.4K - $163.7K
8% of jobs
$163.7K - $179K
8% of jobs
$179K - $194.2K
7% of jobs
$194.2K - $209.5K
5% of jobs
$41.6K
$126.8K
$209.5K
How much do probabilistic risk analysis engineer jobs pay per year?
What is a probabilistic risk analysis engineer?
A Probabilistic Risk Analysis Engineer evaluates and quantifies risks in complex systems using statistical methods and mathematical models. They assess uncertainties, predict potential failures, and recommend mitigation strategies for industries such as aerospace, nuclear energy, and finance. Their work involves analyzing data, running simulations, and developing probabilistic models to improve safety, reliability, and decision-making.
What are the key skills and qualifications needed to thrive as a probabilistic risk analysis engineer?
To thrive as a Probabilistic Risk Analysis Engineer, you need a strong background in engineering, mathematics, and statistics, often supported by a relevant degree and experience in quantitative risk assessment. Familiarity with Monte Carlo simulation tools, reliability software (such as @RISK or ReliaSoft), and professional certifications like Professional Engineer (PE) or Certified Reliability Engineer (CRE) are highly valuable. Strong analytical thinking, attention to detail, and the ability to clearly communicate complex findings to diverse stakeholders are crucial soft skills. These competencies ensure accurate risk modeling and effective collaboration with multidisciplinary teams in high-stakes engineering projects.
What are common challenges faced by probabilistic risk analysis engineers, and how do they overcome them?
Probabilistic Risk Analysis Engineers often face the challenge of working with incomplete or uncertain data while needing to deliver precise risk assessments for critical systems. They overcome this by employing advanced statistical methods, sensitivity analyses, and by collaborating with subject matter experts across engineering, safety, and operations teams to refine models and assumptions. Clear communication is essential, as engineers must translate technical results into actionable insights for decision-makers. Staying current with industry standards and continuously improving modeling techniques also helps them address evolving project requirements. This dynamic environment supports ongoing skill development and offers opportunities for professional growth in reliability, safety, and systems engineering.
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 are popular job titles related to Probabilistic Risk Analysis Engineer jobs in New York?
For Probabilistic Risk Analysis Engineer jobs in New York, the most frequently searched job titles are:
What job categories do people searching Probabilistic Risk Analysis Engineer jobs in New York look for?
The top searched job categories for Probabilistic Risk Analysis Engineer jobs in New York are:

Full-time
Re-posted 3 days ago
Goldman Sachs rating
8.3
Based on 27 frontline employees who took The Breakroom Quiz
47th of 171 rated banks
Job description
Risk Division
The Risk Division, as second line of defense for the firm, identifies, anticipates, measures and mitigates - whenever appropriate - the diverse array of risks that the firm faces in serving clients and operating its global businesses. Risk professionals focus on giving the firm clarity on the risk profile of our activities and devise strategies to protect the firm's ability to serve our clients as a leader in global financial markets.
Market Risk Overview
Market Risk (MR) are part of the Risk division and are responsible for effective deployment of the firm's market risk appetite, prudent risk management and regulatory compliance for the Firm's market risks. This is achieved through the proactive application of expert knowledge, judgement and risk management capabilities including limit setting. Activities are centered on Risk management and analysis, transparency and escalation of Risk, Supervision and overall process improvement.
You will work closely with colleagues around the globe on tasks and projects that contribute directly to the firm's success. MR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.
Responsibilities
- Evaluate market risk taking behavior and influence outcomes through portfolio and transaction level risk analysis as well as risk limit calibration and setting
- Understand factors and events that could lead to an impact on the financial markets, and analyze their impact on the firm's portfolios
- Perform pro-active ad hoc stress tests ahead of notable market events
- Ensure that issues are promptly escalated to senior management.
- Direct the implementation of new risk measures and improvements to existing measures using knowledge of risk management and communicating directly with senior management on risk-related issues.
- Review and challenge risk taking activities while engaging effectively with traders/bankers
- Monitor adherence to established risk limits and ensuring that material risks are effectively communicated to senior management.
- Maintain shared responsibility for signing off on the Market Risk approval process for new products traded by the businesses covered.
- Operate at an intersection of risk appetite and conducting business.
- Improve commercial impact and effective personnel performance under a robust control environment
Qualifications
- Strong academic record in quantitative discipline, with Bachelor's/Master's degree in STEM field (Science, Technology, Engineering, Mathematics) preferred.
- Demonstrable knowledge of core market risk principles, metrics, and financial instruments, with prior experience in Equities and Derivatives preferable. Coding skills will be a plus.
- Ability to collaborate with people from different departments and levels of seniority
- Ability to communicate complex information directly with senior management
- 3-5 years' experience in the industry/a relevant role
What Goldman Sachs employees say
Pay
Benefits
Hours and flexibility
Workplace
Get the full story on Breakroom
About Goldman Sachs
Sourced by ZipRecruiter
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
New York, NY, US
Year founded
1869