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Probabilistic Risk Assessment Engineer Jobs in Chicago, IL

Wieland

Quality Engineer

Wheeling, IL · On-site

$89K - $97K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Supports process design, risk assessment, and supplier development. * Provides timely reports to Management on designated Quality KPIs. Quality Engineer Qualifications: * BS in Material Science or ...

Wieland

Quality Engineer

Wheeling, IL

$89K - $97K/yr

Supports process design, risk assessment, and supplier development. * Provides timely reports to Management on designated Quality KPIs. Quality Engineer Qualifications: * BS in Material Science or ...

US Bank

Environmental Risk Officer

Chicago, IL

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Environmental and Seismic Risk Officer position within the U.S. Bank Real Estate Technical Services ... Engineer. * Advanced knowledge of applicable environmental regulations, seismic assessment ...

Adyen

Credit Risk Analyst

Chicago, IL · On-site

$100K - $130K/yr

At Adyen, everything we do is engineered for ambition. For our teams, we create an environment with ... Strong analytical capabilities with demonstrated ability to interpret financial statements, assess ...

Adyen

Credit Risk Analyst

Chicago, IL · Hybrid

$100K - $130K/yr

At Adyen, everything we do is engineered for ambition. For our teams, we create an environment with ... Strong analytical capabilities with demonstrated ability to interpret financial statements, assess ...

Jump Trading

Campus Quantitative Trader (Full-Time)

Chicago, IL · On-site

$300K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Outstanding skills in probabilistic thinking and mathematical reasoning * Competitive spirit and uncommon drive to learn and improve * Programming experience * Appetite for risk-taking * Demonstrated ...

AIG

Senior Field Risk Engineer

Chicago, IL

$110K - $140K/yr

  • Retirement

The role of a Field Risk Engineer is core to what we do at AIG, both as a risk management resource ... Identifyand assess the impact of external exposures on a facility * Determinefire and natural ...

Linde

Associate Director - Process Safety

Burr Ridge, IL · On-site

... Risk Management Program initiatives * You will partner with Operations, Engineering, Maintenance, and Business Leadership to identify, assess, and mitigate process safety risks * Drive a culture of ...

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All JobsProbabilistic Risk Assessment Engineer JobsProbabilistic Risk Assessment Engineer Jobs in Chicago, IL

Probabilistic Risk Assessment Engineer information

See Chicago, IL salary details

$39.1K

$119.4K

$197.3K

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

As of Aug 16, 2026, the average yearly pay for probabilistic risk assessment engineer in Chicago, IL is $119,357.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,500.00 and $156,100.00 per year, depending on experience, location, and employer.

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 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 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 are popular job titles related to Probabilistic Risk Assessment Engineer jobs in Chicago, IL?

For Probabilistic Risk Assessment Engineer jobs in Chicago, IL, the most frequently searched job titles are:

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

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

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

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

Probabilistic Risk Assessment Engineer jobs near you
Infographic showing various Probabilistic Risk Assessment Engineer job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 9% Part Time, and 3% Contract. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $119,357 per year, or $57.4 per hour.

Quality Engineer

Wieland

Wheeling, IL • On-site

$89K - $97K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 2 days ago

Job description

Overview
Wieland - Creating Value for Generations!
Wieland is a global leader in copper and copper alloy manufacturing, processing, and distribution. We provide a large product and service portfolio including power, automotive, ammunition, coinage, construction materials, refrigeration, electronics and many other industries. To us, metal is more than material.
Wieland's Cultural Values
Wieland's culture is what makes for a fun and rewarding place to work! As a company, we benefit daily from our employees' knowledge and abilities. With our cultural vision, we place our core values at the heart of everything we do: safety, ambition, optimism, reliability, ownership, diversity, & respect.
Wieland is hiring a Quality Engineer. The Quality Engineer serves as the primary point of contact for internal quality matters related to the technical tube product line. This role is responsible for leading thorough investigations into both internal and external quality issues, driving root cause analysis, and ensuring the effective implementation of corrective actions. Quality Engineer has the authority to define quality standards, approve corrective actions, and escalate quality risks when necessary. This role also leads and supports continuous improvement initiatives, ensuring successful execution of assigned projects. The Quality Engineer will work cross-functionally with Production and Process Engineering, the Quality Engineer helps ensure customer satisfaction and compliance with ISO standards, including active participation in annual internal audits across all relevant processes. Additionally, this position plays a key role in collaborating with Process Engineering on new supplier qualification activities. This role is located in Wheeling, IL and will be fully on-site.
Base Salary Range: $89,000 - $97,000
May be eligible for a variable compensation plan bonus based upon company performance within fiscal year cycle.
At Wieland, we recognize that attracting the best talent is key to our strategy and success as a company. As a result, our ranges reflect our good faith estimate to pay fairly. The final pay offered to a successful candidate will be based upon various factors unique to each individual that may include but are not limited to years of experience, industry knowledge, technical skills, education, qualifications, etc.
Responsibilities
Quality Engineer Responsibilities:
  • Actively supports the department by sustaining current processes while seeking opportunities for continuous improvement of the Quality Management System (SOPs, Work Instructions, Process Maps and Quality records) by thorough, and consistent review.
  • Responsible for handling supplier claims and supporting customer claims. Investigates and/or supervises the determination of root cause analysis, implementation of corrective actions, and provides feedback to Suppliers, Production, and the Quality Manager as needed.
  • Responsible for all Quality related topics and corresponding documentation to and from suppliers such as PPAPs, 8D reports, Deviations and supplier requests.
  • Supports sustainability of ISO 9001 and 14001 certifications by participating in yearly Internal Audits to all identified processes.
  • Responsible for SPC, process capability, Pareto analysis, and data trending to identify quality risks and improvement opportunities.
  • Supports process design, risk assessment, and supplier development.
  • Provides timely reports to Management on designated Quality KPIs.

Quality Engineer Qualifications:
  • BS in Material Science or Engineering and/or equivalent comprehensive experience.
  • Minimum of 3 years of experience in a Quality Engineer or similar role.
  • Working knowledge of ISO 9001.
  • Experience in QA tools such as PPAP, Process FMEA, Control Plan, Risk Assessment, Internal Audits, and Gauge Management and Calibration.
  • ASQ Certified Quality Engineer (CQE) and/or Six Sigma Green Belt certification preferred.
  • Ability to travel to suppliers and other company locations as needed.
  • Demonstrated commitment to continuous improvement and extensive knowledge of LEAN tools and techniques for improvement.
  • Experience in project management.
  • Proficient in SAP, Factory Suite, data entry, daily/monthly reports, and MS Office is required.

Qualifications
Joining Wieland's team gives you...
  • Benefits - Starting on Day 1! Including Medical, Dental, Vision, Disability, Life & more!
  • Retirement Savings - 401(k) contribution + match.
  • Work/Life Balance - Paid Vacation & Holidays.
  • Growth Opportunities - We have over 9,000+ employees worldwide and 40+ locations in North America alone. Growth opportunities are limitless!
  • Wellness Programs - Wieland encourages participation in our unique and personalized approach to wellness, where you are eligible to earn healthcare premium discounts as well as HSA employer contributions based on your status within the program.
  • Sustainability- Wieland continues to break ground with eco-friendly solutions and push the barrier in sustainability for future generations

Wieland is an equal opportunity and affirmative action employer. We celebrate diversity and are committed to fostering an inclusive environment for all employees. Come join Wieland today and help us continue to build a global corporation we are all proud to belong to.

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