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Probabilistic Risk Assessment Engineer Jobs in Cliffside Park, NJ

Risk Analyst

New York, NY

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Risk analysis software and probabilistic tools, including Crystal Ball and @RISK * Quantitative Risk Analysis * Program and Project Risk Management * Competency with infrastructure engineering ...

Risk Assessment & Mitigation * Conduct risk assessments of manufacturing plants, warehouses ... Recommend engineering and administrative controls to reduce loss exposure. * Participate in ...

New

Risk Analyst

New York, NY

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Risk analysis software and probabilistic tools, including Crystal Ball and @RISK * Quantitative Risk Analysis * Program and Project Risk Management * Competency with infrastructure engineering ...

Risk Analyst

New York, NY · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Risk analysis software and probabilistic tools, including Crystal Ball and @RISK * Quantitative Risk Analysis * Program and Project Risk Management * Competency with infrastructure engineering ...

Security Engineer Responsibilities: * Define and drive security strategy and engineering standards ... Lead threat modeling and risk assessment efforts for Meta's most complex systems, developing novel ...

Risk & Compliance Engineer

Newark, NJ · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

As a Vendor Risk & Compliance Engineer, you will be uniquely positioned to enhance Vendor risk ... You'll lead and conduct vendor security risk assessments end to end - integrate AI to improve ...

Risk & Compliance Engineer

Newark, NJ · Hybrid

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

As a Vendor Risk & Compliance Engineer, you will be uniquely positioned to enhance Vendor risk ... You'll lead and conduct vendor security risk assessments end to end - integrate AI to improve ...

Showing results 21-40

Probabilistic Risk Assessment Engineer information

See Cliffside Park, NJ salary details

$39.8K

$121.5K

$200.8K

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

As of Aug 15, 2026, the average yearly pay for probabilistic risk assessment engineer in Cliffside Park, NJ is $121,466.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,000.00 and $158,800.00 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 cities near Cliffside Park, NJ are hiring for Probabilistic Risk Assessment Engineer jobs?

Cities near Cliffside Park, NJ with the most Probabilistic Risk Assessment Engineer job openings:

Engineering Division- New York- Associate, Risk Governance

The Goldman Sachs Group, Inc.

Manhattan, NY • On-site

$156K - $161K/yr

Other

Posted 2 days ago

New


Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

47th of 171 rated banks


Job description

Associate, Risk Governance

Assess risk for various Engineering Processes to identify a rationalized and prioritized list of risks and create a targeted book-of-work for Engineering teams in the Firm. Perform the risk assessment, rationalization and prioritization of risks for specific domains within the Engineering division. Support the Digital Risk Office (DRO) roadmap to achieve ongoing compliance with, and enhancement to, the DRO framework. Participation in risk discovery / assessment exercises. Engagement with Core Engineering leads to ensure timely risk remediation. Engagement with divisional risk leads to ensure timely adoption of Core Engineering's platform and process solutions within business teams to reduce risk. Identification of opportunities to enhance the DRO framework and related processes.

Master's degree (U.S. or foreign equivalent) in Economics, Finance, Mathematics, Information Security Policy and Management, or related field and one (1) year of experience in the job offered or a related role OR Bachelor's degree (U.S. or foreign equivalent) in Economics, Finance, Mathematics, Information Security Policy and Management or related field and two (2) years of experience in the job offered or a related role. Prior experience must include one (1) year of experience (with a Master's degree) OR two (2) years of experience (with a Bachelor's degree) with: risk management methodologies and frameworks; assessing Engineering processes including IAM, SDLC, Cyber Response, and Resilience; and technologies including cloud, mobile, and infrastructure.

Annual base salary for this New York, New York based position is $156,000 - $161,400.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, or any other characteristic protected by applicable law.


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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