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Probabilistic Risk Assessment Engineer Jobs in Lombard, IL

Futures Risk Program Manager

Chicago, IL ยท On-site

$138.63 - $175/hr

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

... engineering, and distribution strength. Approximately 75% of our revenue is positioned as a #1 ... Assess risk profiles and recommend mitigation strategies for strategic transactions. * Support ...

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

Quality Engineer

Wheeling, IL ยท On-site

$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 ...

Quality Engineer

Wheeling, IL ยท On-site

$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 ...

Quality Engineer

Wheeling, IL ยท On-site

$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 ...

Showing results 41-60

Probabilistic Risk Assessment Engineer information

See Lombard, IL salary details

$37.4K

$114K

$188.5K

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

As of Sep 5, 2026, the average yearly pay for probabilistic risk assessment engineer in Lombard, IL is $114,020.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,700.00 and $149,100.00 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 cities near Lombard, IL are hiring for Probabilistic Risk Assessment Engineer jobs?

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

Infographic showing various Probabilistic Risk Assessment Engineer job openings in Lombard, IL as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 11% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $114,020 per year, or $54.8 per hour.

Futures Risk Program Manager

Visa Hunt

Chicago, IL โ€ข On-site

$138.63 - $175/hr

Other

Medical, Life, Retirement, PTO

Posted 4 days ago


Job description

Join us in building the future of finance.

Our mission is to democratize finance for all. An estimated $124 trillion of assets will be inherited by younger generations in the next two decades. The largest transfer of wealth in human history. If you're ready to be at the epicenter of this historic cultural and financial shift, keep reading.

About the team + role

We are building an elite team, applying frontier technologies to the world's biggest financial problems. We're looking for bold thinkers. Sharp problem-solvers. Builders who are wired to make an impact. Robinhood isn't a place for complacency, it's where ambitious people do the best work of their careers. We're a high-performing, fast-moving team with ethics at the center of everything we do. Expectations are high, and so are the rewards. We're looking for an exceptional Futures Risk Program Manager to help shape the future of our core platforms, products, and customer experiences. FinTech is one of the most complex and rapidly evolving spaces in technology, and the challenges we're tackling require deep innovation, critical thinking, and scale that don't always have strong precedents.

You'll take on a highly influential role shaping vision and execution across key strategic initiatives. You'll partner with cross-functional leaders, contribute to high-impact decisions, guide complex projects from concept to completion, and mentor others on the team. This is a role for someone who leverages modern tools and cutting-edge methodologies as a core part of how they solve problems, and raises the bar for everyone around them.

This role is based in our Chicago, IL, with in-person attendance expected at least five days per week.

At Robinhood, we believe in the power of in-person work to accelerate progress, spark innovation, and strengthen community. Our office experience is intentional, energizing, and designed to fully support high-performing teams.

What you'll do

Design and implement a comprehensive risk management strategy emphasizing early risk detection, automated alert systems, incident response, and continuous improvement. Conductthorough risk assessments focused on operational and technology risks, identifying vulnerabilities, and recommending mitigations. Support Risk Exposure Reporting, regulatory reviews,and updates to the Risk Management Program to meet evolving business and regulatory needs. Develop automations for robust supervision and risk management. Develop real-timemonitoring systems to quickly identify adverse market conditions or operational issues. Implement a robust control testing framework to validate risk mitigation measures and theeffectiveness of controls. Implement automated alert mechanisms for risk limit breaches, unusual trading patterns, and system anomalies. Leverage advanced analytics tools to uncoverrisk trends and provide actionable insights for decision-making. Build dashboards and reports using tools like Looker to visualize key risk metrics and inform stakeholders effectively.Telecommuting permitted.

What you bring
  • Bachelor's degree or foreign equivalent in Computer Science or related field plus five years of progressively responsible experience in job offered or related occupation.
  • Education and/or experience must include:
    • Apply Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) regulatory requirements into risk controls, supervisory procedures, and program documentation;
    • Design and execute enterprise or Future Commission Merchant (FCM) level risk assessments;
    • Build and implement automations such as ETL data pipelines and scheduled data jobs (Airflow-type scheduling tools) to support risk monitoring;
    • Develop real-time or near-real-time monitoring and alerting systems that detect risk limit breaches, unusual trading activity, or system anomalies;
    • Execute control testing programs for risk mitigation;
    • Perform advanced statistical analytics on large structured datasets utilizing Python or similar programming tools to identify trends and quantify risk exposures;
    • Utilize industry-standard business intelligence or visualization platforms (Looker, Superset, Tableau, or PowerBI) to build dashboards, trend analyses, and key risk metric reporting; and
    • Investigate complex risk scenarios and develop mitigation strategies aligned with industry regulatory standards.
  • Background checks required
What we offer
  • Challenging, high-impact work to grow your career
  • Performance driven compensation with multipliers for outsized impact, bonus programs, equity ownership, and 401(k) matching
  • Best in class benefits to fuel your work, including 100% paid health insurance for employees with 90% coverage for dependents
  • Lifestyle wallet - a highly flexible benefits spending account for wellness, learning, and more
  • Employer-paid life & disability insurance, fertility benefits, and mental health benefits
  • Time off to recharge including company holidays, paid time off, sick time, parental leave, and more!
  • Exceptional office experience with catered meals, events, and comfortable workspaces.

In addition to the base pay range listed below, this role is also eligible for bonus opportunities + equity + benefits.

Base pay for the successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected base pay range for this role is based on the location where the work will be performed and is aligned to the corresponding compensation zone.

Base Pay Range:

$138,632 - $175,000 per year

Robinhood provides equal opportunity for all applicants, offers reasonable accommodations upon request, and complies with applicable equal employment and privacy laws. Inclusion is built into how we hire and work - welcoming different backgrounds, perspectives, and experiences so everyone can do their best. Please review the Privacy Policy for your country of application.

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