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Probabilistic Risk Assessment Engineer Jobs in New York, NY

Risk Engineer - Property

New York, NY · On-site

$97K - $145K/yr

Provides risk assessment services and information to track progress and demonstrate the value of ... Bachelor's degree with coursework in math, engineering or related areas (or equivalent) and at ...

Risk Engineer - Property

New York, NY · On-site

$90K - $120K/yr

Provides risk assessment services and information to track progress and demonstrate the value of ... Bachelor's degree with coursework in math, engineering or related areas (or equivalent) and at ...

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 ...

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 ...

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 ...

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 ...

Perform hazard identification and risk assessments (HARA, FMEA, FTA, STPA) on the autonomous system ... Probabilistic Metric for random Hardware Failures ( PMHF ). * Calculate hardware component and ...

Showing results 41-60

Probabilistic Risk Assessment Engineer information

See New York, NY salary details

$41.6K

$126.8K

$209.5K

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

As of Sep 6, 2026, the average yearly pay for probabilistic risk assessment engineer in New York, NY is $126,760.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,800.00 and $165,700.00 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 New York, NY?

For Probabilistic Risk Assessment Engineer jobs in New York, NY, the most frequently searched job titles are:

What job categories do people searching Probabilistic Risk Assessment Engineer jobs in New York, NY look for?

The top searched job categories for Probabilistic Risk Assessment Engineer jobs in New York, NY are:

What cities near New York, NY are hiring for Probabilistic Risk Assessment Engineer jobs?

Cities near New York, NY with the most Probabilistic Risk Assessment Engineer job openings:

Infographic showing various Probabilistic Risk Assessment Engineer job openings in New York, NY as of August 2026, with employment types broken down into 33% Full Time, and 67% Contract. Highlights an 100% In-person job distribution, with an average salary of $126,760 per year, or $60.9 per hour.

Engineering - New York - Associate, Risk Governance - 10427763

Goldman Sachs

New York, NY • On-site

$136K - $154K/yr

Full-time

Posted 25 days ago


Goldman Sachs rating

7.8

Company rating: 7.8 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

89th of 175 rated banks


Job description

Job Duties: Associate, Risk Governance with Goldman Sachs Services LLC in New York, New York. Responsible for identifying, analyzing, and monitoring areas of risk as it pertains to business processes and controls. Responsible for determining, negotiating and agreeing on firm/business quality procedures, standards and specifications. Assess business requirements and ensuring that these are met; acting as a catalyst for change and improvement in performance and quality; monitoring performance. Ensure appropriate oversight for the risk profile of the aligned segment. Establish effective supervisory structures, appropriate segment governance forums, including divisional operational risk and resilience councils ("ORRCs"). Attend regular risk meetings to review exceptions across business units, ask probing questions to establish potential market, client, and other risks that may be contained within aligned workflows. Identify risks within the operational risk profile of the segment, including emerging risks. Share risk best practice across teams and functions, as well as with other business lines where processes exist or there is exposure to similar risks, thereby ensuring effective controls are in place to mitigate those risks. Assess Inherent Risks (IRs) and Residual Risks (RRs) to ensure Risk and Control Self-Assessment (RCSA) risk and control review accurately reflects the current risk environment and quality of operational controls. Define thematic RCSA issues to help structure remediation plans regarding significant open risks or control deficiencies and aid with execution of Control Assurance requirements for in-scope controls. Socialize lessons learned to improve our risk and control framework.

Job Requirements: Master's degree (U.S. or foreign equivalent) in Economics, Finance, Computer Science, 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, Computer Science, or related field and two (2) years of experience in the job offered or a related role. Prior experience must include one (1) year (with a Master's degree) OR two (2) years (with a Bachelor's degree) with: performing statistically driven analysis using various data analytical techniques to identify trends and propose process enhancements; creating, developing, and enhancing probabilistic and deterministic financial models; visualizing complex data analyses from raw data in risk management reports, using visualization tools such as Tableau, and communicating results to a wide variety of audiences; leveraging analytics and automation experience to propose effective and efficient methods to enhance testing and sampling strategies to ensure the most effective risk detection and analyses; and developing processes and tools to identify and monitor data accuracy.

Salary Range: Annual base salary for this New York, New York - based position is $136,000 - $154,400.

The Goldman Sachs Group, Inc., 2026. All rights reserved. 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

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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