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Probabilistic Risk Assessment Engineer Jobs in Arlington Heights, IL

Risk and Compliance Manager

Chicago, IL ยท On-site

$100 - $125/hr

The role will support and lead initiatives to monitor, assess, and improve quality management ... Bachelor's degree in Business Administration, Engineering, Healthcare, or a related field * At ...

... assessments, collecting and validating evidence, and ensuring release readiness. Working closely with product, engineering, and delivery teams, the Manager provides hands on risk and compliance ...

Manager, Risk and Compliance

Chicago, IL ยท On-site

$150 - $200/hr

... assessments, collecting and validating evidence, and ensuring release readiness. Working closely with product, engineering, and delivery teams, the Manager provides hands on risk and compliance ...

Lead comprehensive risk assessments and audits across manufacturing, construction, distribution ... Build and maintain productive relationships with insurance carrier risk engineering teams and third ...

Senior AI Risk & Advisory Manager

Chicago, IL ยท Hybrid

$193K - $301K/yr

Assess and advise on AI-driven threats, including AI-enhanced social engineering and automated ... Strong judgment and risk assessment capability * Experience working cross-functionally with IT and ...

Futures Risk Program Manager

Chicago, IL ยท On-site

$150 - $200/hr

Conductthorough risk assessments focused on operational and technology risks, identifying ... programming tools to identify trends and quantify risk exposures; * Utilize industry-standard ...

Showing results 21-40

Probabilistic Risk Assessment Engineer information

See Arlington Heights, IL salary details

$38K

$115.9K

$191.5K

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

As of Sep 8, 2026, the average yearly pay for probabilistic risk assessment engineer in Arlington Heights, IL is $115,876.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,000.00 and $151,500.00 per year, depending on experience, location, and employer.

What is a probabilistic risk assessment engineer?

A Probabilistic Risk Assessment (PRA) Engineer is a professional who evaluates the likelihood and potential consequences of risks in complex systems, often in industries such as nuclear power, aerospace, or chemical processing. They use quantitative methods and statistical models to analyze possible failure scenarios and their impacts, helping organizations make informed decisions about safety and reliability. PRA Engineers play a crucial role in identifying vulnerabilities, recommending risk mitigation strategies, and ensuring compliance with regulatory standards. Their work helps minimize the chances of catastrophic failures and improves overall system safety.

How does a probabilistic risk assessment engineer typically collaborate with other engineering and safety teams during a project?

Probabilistic Risk Assessment Engineers frequently work in multidisciplinary teams, collaborating closely with safety engineers, systems engineers, and project managers to analyze and mitigate potential risks. They provide quantitative risk assessments that inform design decisions, operational procedures, and regulatory compliance efforts. Regular meetings and data-sharing sessions are common, ensuring that risk insights are integrated throughout the project lifecycle. This collaborative environment enables effective communication of complex risk scenarios and fosters a culture of safety and continuous improvement.

What are the key skills and qualifications needed to thrive as a probabilistic risk assessment engineer, and why are they important?

To thrive as a Probabilistic Risk Assessment Engineer, you need a solid background in mathematics, statistics, and engineering principles, generally supported by a degree in engineering or a related field. Familiarity with specialized software such as SAPHIRE, RiskSpectrum, or CAFTA, as well as industry-specific standards and certifications like ASME or NRC guidelines, is typically required. Strong analytical thinking, attention to detail, and effective communication skills are essential for interpreting complex data and presenting findings to diverse stakeholders. These skills and qualifications are crucial for accurately assessing risks, ensuring regulatory compliance, and supporting the safety and reliability of critical systems.

What is the difference between Probabilistic Risk Assessment Engineer vs Fault Tree Analyst?

AspectProbabilistic Risk Assessment EngineerFault Tree Analyst
CredentialsEngineering degree, certifications in risk analysis or reliabilityEngineering or technical background, certifications in fault tree analysis
Work EnvironmentIndustry settings like energy, aerospace, nuclear; risk modelingSafety analysis teams, engineering departments; fault tree development
Employer & Industry UsageUsed by utilities, aerospace, nuclear plants for risk assessmentUsed in safety engineering, accident prevention, reliability studies

Both roles focus on safety and risk analysis but differ in scope. Probabilistic Risk Assessment Engineers develop comprehensive models to quantify risks, while Fault Tree Analysts focus specifically on fault tree development to identify failure pathways. The roles often collaborate but serve distinct functions within safety and reliability teams.

What job categories do people searching Probabilistic Risk Assessment Engineer jobs in Arlington Heights, IL look for?

The top searched job categories for Probabilistic Risk Assessment Engineer jobs in Arlington Heights, IL are:

What cities near Arlington Heights, IL are hiring for Probabilistic Risk Assessment Engineer jobs?

Cities near Arlington Heights, IL with the most Probabilistic Risk Assessment Engineer job openings:

Cybersecurity Engineer, Product Cybersecurity

Wabtec

Chicago, IL โ€ข On-site

Full-time

Medical, Retirement

Posted 12 days ago


Job description

Job Description

Summary:

The Cybersecurity Engineer is responsible for ongoing cybersecurity assessments of Wabtec products to determine whether they comply with applicable Wabtec cybersecurity standards and technical controls. They will advise product managers and engineering teams, create awareness of cybersecurity standards and technical controls, and recommend best practices for satisfying these standards and controls for all Wabtec products offered or made available for customer. They will work closely with others to define and maintain technical controls to address external standards, Wabtec standards, and product requirements.


Duties and Responsibilities:

This position requires strong technical expertise in cybersecurity controls for mainly web and embedded systems.

Key responsibilities include:

  • Conduct cybersecurity reviews and assessments of Wabtec products throughout the Software Development Lifecycle (SDLC), evaluating compliance with Wabtec policies, standards, and technical controls.
  • Partner with engineering teams to perform threat modeling, threat and risk assessments, and security analyses to identify vulnerabilities, attack vectors, and product threat surface
  • Provide expert guidance on cybersecurity principles, technologies, and risk management, clearly communicating technical concepts to engineering teams, leadership, and non-technical stakeholders.
  • Support cybersecurity consulting activities across Wabtec's connected products, web service, industrial systems and embedded product portfolios.
  • Recommend secure design principles, software security controls, hardening strategies, and risk mitigation measures that reduce attack-surface while ensuring maintainability and operational efficiency.
  • Support engineering teams in investigating cybersecurity defects, performing root cause analyses, and implementing corrective and preventive actions.
  • Develop and deliver cybersecurity training and awareness programs for engineers, technical leaders, product managers, and business stakeholders.
  • Contribute to the development, documentation, and continuous improvement of cybersecurity standards, procedures, technical controls, and best practices.
  • Promote and share cybersecurity best practices across the organization to improve product security maturity and consistency.
  • Collaborate with product development teams to integrate cybersecurity requirements into product architectures, designs, and development processes.
  • Support vulnerability disclosure, remediation planning, and security incident response activities related to product cybersecurity.
  • Perform other duties and special projects as assigned.

Minimum Qualifications:

  • Bachelor's degree in Computer Science, Cybersecurity, or a related field.
  • 8 – 10 years of experience in the design, development, and testing of web-based, embedded, and/or connected systems.
  • 4+ years of hands-on experience in product/application cybersecurity engineering, architecture, risk assessment, or risk management.
  • Hands-on experience with security risk assessment methodologies, techniques, and tools, including threat modeling, attack surface analysis, vulnerability assessments, and security testing.
  • Experience applying cybersecurity frameworks, regulations, and standards such as IEC 62443, NIST 800-53, NIST Cybersecurity Framework (CSF), ISO/IEC 27001, or equivalent.
  • Experience in industrial sectors such as rail, transportation, mining, automotive, manufacturing, or critical infrastructure is preferred.
  • Experience with secure product development processes and DevSecOps practices.
  • Experience in security architecture and implementing cryptographic technologies, including PKI, secure boot, key management, certificate lifecycle management, and secure communications.
  • Ability to work independently and effectively manage multiple priorities in a global, matrixed organization.
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent verbal, written, presentation, and stakeholder management skills.
  • Ability to manage multiple tasks while collaborating with diverse stakeholders in an international environment.
  • Proven ability to influence technical decisions and drive cybersecurity improvements across global teams and external partners.
  • Strong collaboration skills with engineering, product management, customers, suppliers, and leadership teams.
  • Demonstrated commitment to continuous improvement, operational excellence, and cybersecurity maturity.
  • Current knowledge of evolving cybersecurity threats, technologies, and industry trends

This role is focused on Product Cybersecurity Engineering, including threat modeling, security architecture reviews, embedded/IoT security, secure product design, and cybersecurity compliance. Candidates whose experience is primarily in IT Security, SOC, Information Security, Network Security, Data Security, Governance/Risk/Compliance (GRC), or Penetration Testing may not be a suitable match for this position.

Additional Information

Our job titles may span more than one career level. The salary rate for this role is currently $91000-129800 The actual salary offered to a candidate may be influenced by a variety of factors, such as: training, transferable skills, work experience, education, business needs, market demands and work location. The base pay range is subject to change and may be modified in the future. More information on offered benefits, which include health, welfare, and retirement, are available at mywabtecbenefits.com. Other benefit offerings for this role may include annual bonus, if eligible.

What could you accomplish in a place that puts People First?

At Wabtec, it’s not just about a job - it’s about the impact you make. When our people come together, we’re Expanding the Possible by continuously improving what we do and how we do it - for our clients and each other.

If you’re ready to revolutionize how the world moves for future generations, Wabtec is the place for you.
 

Who are we?

Wabtec is a leading global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail sectors. Drawing on more than 150 years of experience, we are leading the way in safety, efficiency, reliability, innovation, and productivity. Whether it’s freight, transit, ports, logistics, mining, industrial, or marine, our expertise, technologies, and people together – are accelerating the future of transportation. With roots that date back to George Westinghouse, Thomas Edison, and Louis Faiveley, Wabtec has always built technologies and implemented solutions for a variety of sectors that are critical to meeting the needs of customers and governments alike.

Our global team of about 30,000 employees worldwide delivers performance that moves the world forward. We’re lifelong learners, obsessed with better. Learn more at www.WabtecCorp.com.

Culture powers us and the possibilities.

We believe the best ideas come from a mix of experiences and backgrounds. At Wabtec, we strive every day to create a place where everyone belongs. We’re building a culture where leadership, inclusion and your unique perspective fuel progress.


We’re proud to be an Equal Opportunity Employer. We welcome talent of all backgrounds, experiences, and identities, including race, gender, age, disability, veteran status and more.

Need accommodation? Just let us know - we’ve got you.