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Probabilistic Risk Assessment Engineer Jobs in Cincinnati, OH

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

AI Defense Engineer

Cincinnati, OH · On-site

$120 - $160/hr

AI Defense Engineer Job Type: Direct Hire Location: Boston/Washington DC Work Authorization: Must ... Threat Modeling & Risk Assessment - Guide and conduct technical threat modeling for AI/ML systems ...

Quality Engineer Level 3

Blue Ash, OH · On-site

$69K - $89K/yr

Drive defect prevention, risk assessment, environment strategy, and production readiness. * Evaluate and implement AI-enabled engineering and quality practices beyond basic code generation. * Review ...

Sr. Risk Analyst

Middletown, OH · On-site

$80 - $110/hr

... assess evolving market risks. * Support monitoring of changes in forward positions and hedges ... Bachelor's degree in finance, economics, engineering, mathematics, computer science, or related ...

New

Manufacturing Process Engineer with 5-10 years of experience in manufacturing engineering and ... Perform Risk Assessment on the process of development to highlight potential failure modes and ...

Apply risk-based validation principles to assess system impact, classify validation requirements ... Bachelor's degree in business, information systems, computer science, engineering, or equivalent ...

Apply risk-based validation principles to assess system impact, classify validation requirements ... Bachelor's degree in business, information systems, computer science, engineering, or equivalent ...

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Showing results 1-20

Probabilistic Risk Assessment Engineer information

See Cincinnati, OH salary details

$36.5K

$111.2K

$183.7K

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

As of Sep 3, 2026, the average yearly pay for probabilistic risk assessment engineer in Cincinnati, OH is $111,169.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,600.00 and $145,400.00 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 are popular job titles related to Probabilistic Risk Assessment Engineer jobs in Cincinnati, OH?

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

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

The top searched job categories for Probabilistic Risk Assessment Engineer jobs in Cincinnati, OH are:

Risk Analyst Specialist - Risk Intelligence

Worldpay

Cincinnati, OH • On-site

Full-time

Re-posted 26 days ago


Job description

Job Description

Ready to take your career global?
Make your mark at one of the biggest names in payments. We're looking for a Risk Analyst Specialist to join our ever evolving Commercial Risk team and help shape the future of global commerce.

As a Risk Analyst on the Commercial Risk Team with a focus on Risk Intelligence, you'll work on the cutting edge of risk management with the largest FinTech company in the world. While using your advanced technical skills to protect Worldpay from threats, you will partner with business leaders to identify risks, evaluate the effectiveness of controls, and promote continuous improvement.
What you will be doing:

  • Provide decision support for new verticals/markets/partners with clear guardrails to enable responsible revenue growth.

  • Identify process bottlenecks; implement automation and policy simplification to reduce friction and improve time-to-decision.

  • Ensure strategic objectives of the Commercial Risk Management program are met, including execution of risk assessment activities, coordination of risk response, and program testing and validation, augmented by AI-driven analytics and automation where appropriate.

  • Lead the integration of AI solutions into risk operations to improve detection, triage, and prevention (e.g., anomaly detection, segmentation, scoring models), with clear performance baselines, target outcomes, and governance.

  • Review significant events and loss drivers; advise business owners on remediation and preventive controls, including opportunities for AI-enabled root-cause analysis, early-warning indicators, and predictive risk signals.

  • Perform risk assessments across Data Protection, Supplier Management, and Enterprise Risk Management programs; identify potential issues, control gaps, data quality risks, model risks, and process efficiencies, leveraging advanced analytics and AI-assisted testing where applicable.

  • Document risk analyses and controls; evaluate control design and drive continuous control improvement, including the use of AI/ML-enabled control monitoring and continuous control testing.

  • Participate in and often lead cross-functional projects to mitigate risks, generating actionable remediation plans and embedding AI-enabled monitoring to sustain risk reduction.

  • Track, coordinate, and resolve issues identified in control, compliance, audit, or risk work; implement dashboards and alerts for ongoing AI model and process performance monitoring.

  • Develop and maintain knowledge of regulatory requirements, with emphasis on emerging AI/ML regulations, standards, and guidance relevant to financial services and payments (e.g., model risk management, data governance, AI ethics).

  • Produce executive-ready reporting that supports decision making and future investment cases, including business cases, ROI analyses, and total cost of ownership for AI and data capabilities.

  • Provide training and change management to upskill staff on AI-enabled risk practices, tools, and responsible AI principles.

  • Other related duties as needed.


What you will bring:

  • Strong analytical, organizational, and communication skills; excellent interpersonal skills with the ability to influence across functions and levels.

  • Proven experience translating risk problems into data/AI solutions and turning insights into operationalized controls or workflows.

  • Understanding of model risk management, responsible AI, data governance, privacy, and security practices in a regulated environment.

  • Experience with risk analytics, KPI/KRI frameworks, dashboarding, and experimentation to quantify impact and efficiency.

  • Project-oriented and able to manage multiple complex initiatives; may require overtime at critical times.

  • Ability to establish and maintain effective working relationships with employees, vendors, clients, and regulators


It's a bonus if you have:

  • Familiarity with AI/ML concepts and lifecycle (problem framing, data sourcing, feature engineering, model training/validation, monitoring, drift detection, and retraining).

  • Tools exposure: data visualization (e.g., Power BI/Tableau), query languages (SQL), and collaboration with data scientists/engineers on Python/ML workflows; experience with case management and alerting platforms is a plus.

About the team

Our inclusive and global teams win together every day. We're proud to have the best minds in the industry,

who you can learn from as you grow your career. The people, the energy, the connections - it's unmatched. Come and be part of an ever-evolving company and get dynamic opportunities that go beyond borders.

What makes a Globalpayer?

Globalpayers think like a client, act like an owner and win as one team. We're curious and innovative -

always finding better ways to deliver impact. We empower each other to make decisions, and it's our passion

that drives excellence in everything we set out to do.

Does this sound like you? Then you sound like a Globalpayer. Apply now to take your career global.

#LI- BJ1


EEOC Statement

Worldpay is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here.

If you are made a conditional offer of employment and will be working in the United States, you will be required to undergo a drug test. In developing this job description care was taken to include all competencies and requirements needed to successfully perform the position. Reasonable accommodations will be provided for individuals with qualified disabilities both during the hiring process, as well as to allow the individual to perform the essential functions of the job, if hired.

Washington Candidates: Click here for information on the Fair Chance Act.