ZipRecruiter

Log In

1

Probabilistic Risk Analysis Engineer Jobs in Houston, TX

Liberty Mutual

Senior Risk Engineer- Powergen

Houston, TX

$94K - $111K/yr

Analyze risk quality, identify loss drivers, and recommend mitigation strategies. * Support claims ... Experience in risk engineering, power generation, renewable energy, or a related technical field.

AVTC Group

Propulsion Engineer

Houston, TX · On-site

Propulsion Engineer US Citizen / Permanent Resident Aerospace/Spacecraft Experience Onsite in ... risk analysis, and system analysis of space hardware * Ability to prepare written documents and to ...

Expand Energy

Quantitative Risk Analyst

Spring, TX · On-site

Provide analysis of risk drivers, spread movements, optionality value, and changes in valuation or ... Additional programming capability in one or more of SQL, C#, C++, VBA, or similar languages.

Gunvor

Quantitative Risk Analyst

Houston, TX

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 ...

Expand Energy

Quantitative Risk Analyst

Spring, TX

Provide analysis of risk drivers, spread movements, optionality value, and changes in valuation or ... Additional programming capability in one or more of SQL, C#, C++, VBA, or similar languages.

next page

Showing results 1-20

All JobsProbabilistic Risk Analysis Engineer JobsProbabilistic Risk Analysis Engineer Jobs in Houston, TX

Probabilistic Risk Analysis Engineer information

See Houston, TX salary details

$36.3K

$110.6K

$182.9K

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

As of Jun 29, 2026, the average yearly pay for 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 is a Probabilistic Risk Analysis Engineer job?

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 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 key skills and qualifications needed to thrive in the Probabilistic Risk Analysis Engineer position, and why are they important?

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 the most commonly searched types of Probabilistic Risk Analysis Engineer jobs in Houston, TX? The most popular types of Probabilistic Risk Analysis Engineer jobs in Houston, TX are:
What are popular job titles related to Probabilistic Risk Analysis Engineer jobs in Houston, TX? For Probabilistic Risk Analysis Engineer jobs in Houston, TX, the most frequently searched job titles are:
What job categories do people searching Probabilistic Risk Analysis Engineer jobs in Houston, TX look for? The top searched job categories for Probabilistic Risk Analysis Engineer jobs in Houston, TX are:
Probabilistic Risk Analysis Engineer jobs near you
Infographic showing various Probabilistic Risk Analysis Engineer job openings in Houston, TX as of June 2026, with employment types broken down into 1% As Needed, 93% Full Time, 3% Part Time, and 3% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $110,647 per year, or $53.2 per hour.

Senior Market Risk Analyst - Power & Gas

Gunvor

Houston, TX • On-site

Full-time

Posted 22 days ago

Key responsibilities

  • Monitor intraday and end-of-day market exposures and enforce trading and risk limits for gas and power portfolios.

  • Design and run scenario analyses and stress tests to assess portfolio resilience under market shocks.

  • Act as a risk partner to traders and desk heads by providing real-time decision support and trade-level risk assessments.

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.

If you think the open position you see is right for you, we encourage you to apply!
Our people make all the difference in our success.

Apply