ZipRecruiter

Log In

1

Probabilistic Risk Assessment Engineer Jobs in Willowbrook, IL

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 · On-site

$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 ...

fairlife

EHS Systems Engineer

Chicago, IL · On-site

$75K - $98K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The EHS Systems Engineer is responsible for designing, maintaining, and continuously improving ... Hazard identification and risk assessment (OH&S) * Identification and evaluation of environmental ...

fairlife LLC

EHS Systems Engineer

Chicago, IL · On-site

$75K - $98K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The EHS Systems Engineer is responsible for designing, maintaining, and continuously improving ... Hazard identification and risk assessment (OH&S) * Identification and evaluation of environmental ...

fairlife

EHS Systems Engineer

Chicago, IL

$75K - $98K/yr

The EHS Systems Engineer is responsible for designing, maintaining, and continuously improving ... Hazard identification and risk assessment (OH&S) * Identification and evaluation of environmental ...

Northern Trust

Business Analyst, IAM Risk & Audit

Chicago, IL · On-site

$88K - $151K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This position partners with IAM engineering teams, risk management, internal audit, compliance ... assessments, and compliance reviews. * Partner with control owners to address audit requests and ...

Northern Trust

Business Analyst, IAM Risk & Audit

Chicago, IL · On-site

$88K - $151K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This position partners with IAM engineering teams, risk management, internal audit, compliance ... assessments, and compliance reviews. * Partner with control owners to address audit requests and ...

Northern Trust

Business Analyst, IAM Risk & Audit

Chicago, IL · On-site

$88K - $151K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This position partners with IAM engineering teams, risk management, internal audit, compliance ... assessments, and compliance reviews. * Partner with control owners to address audit requests and ...

Optiver

Security Engineer

Chicago, IL

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Work with AI and our AI engineering teams to ensure the security of the environment Risk Assessment & Security Controls * Perform vulnerability assessments, review system configurations, and develop ...

Optiver

Security Engineer

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Work with AI and our AI engineering teams to ensure the security of the environment Risk Assessment & Security Controls * Perform vulnerability assessments, review system configurations, and develop ...

previous page

Showing results 41-60

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

Probabilistic Risk Assessment Engineer information

See Willowbrook, IL salary details

$37.6K

$114.6K

$189.4K

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

As of Aug 19, 2026, the average yearly pay for probabilistic risk assessment engineer in Willowbrook, IL is $114,594.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,100.00 and $149,800.00 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 Willowbrook, IL are hiring for Probabilistic Risk Assessment Engineer jobs?

Cities near Willowbrook, 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 Willowbrook, 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 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $114,594 per year, or $55.1 per hour.

VALOR DFM Engineer - Aerospace & Defense

Ignite Human Capital

Naperville, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 22 days ago

Job description

To optimize this job description for Indeed, we need to make it highly searchable (using key terms candidates actually type into the search bar) and scannable (so candidates on mobile or scrolling quickly can immediately spot the requirements).

I have cleaned up the layout, added clear bullet points, front-loaded the compliance requirements (since it's an aerospace role), and formatted it to maximize candidate conversion.

VALOR DFM Engineer – Aerospace & Defense

Location: Naperville, IL 60563 (On-site) | Also open to Longmont, CO or Westborough, MA

Salary: $75,000.00 - $85,000.00 a year

Job Type: Full-time, 1st Shift

Job Overview

We are seeking a VALOR DFM (Design for Manufacturing) Engineer to join our Aerospace & Defense Division. In this critical role, you will perform design-for-manufacturing analysis using the VALOR platform to evaluate electronics PCBA assembly layouts.

You will ensure strict adherence to IPC guidelines, component manufacturer specifications, and industry standard practices. By translating VALOR output reports into qualified risk assessments, you will drive key design modifications, improve manufacturability, and maximize overall quality and yield.

Key Responsibilities

  • DFM Analysis: Perform comprehensive Design for Manufacturing (DFM) analysis on complex electronics PCBA assembly layouts using the VALOR platform.

  • Compliance Evaluation: Evaluate PCB/PCBA designs against IPC guidelines, manufacturer recommendations, and defense industry best practices.

  • Risk Reporting: Generate qualified and quantified risk assessment reports in a standardized format, proposing actionable design modifications to improve production quality and yield.

  • Component Research: Research, manage, and interpret electronic part data and component libraries.

  • Design Optimization: Collaborate cross-functionally on PCB panel and array design optimization.

Qualifications

Required:

  • Citizenship: Must be a U.S. Citizen (Required to comply with ITAR, DFAR, and CUI regulations).

  • Education: Bachelor of Science (B.S.) degree in Electrical Engineering (EE).

  • Experience: 3+ years of experience working with basic PCB design guidelines (e.g., real estate constraints, component proximity, thermal relief, copper density/distribution, trace/pad copper balance).

  • Technical Skills: Proven experience managing, viewing, and interpreting PCB files using standard viewers such as:

    • Cadence / Allegro

    • ODB++

    • Gerber / ASCII files

    • KiCAD

    • Siemens Xpedition

    • CAMvu

  • Component Knowledge: Experience searching, validating, and interpreting electronic part data and component libraries.

Preferred:

  • Prior component engineering experience.

  • Hands-on PCBA assembly experience (SMT, Pin-Through-Hole, Press-Fit interconnects).

  • Direct experience with PCB panel/array design.

Benefits

We offer a comprehensive benefits package designed to support our employees' health, well-being, and financial security:

  • Health & Wellness: Comprehensive Medical, dental, and vision coverage, plus a company-paid Employee Assistance Program (EAP).

  • Insurance & Protection: Company-paid basic Life/AD&D insurance, Short-Term Disability (STD), and Long-Term Disability (LTD) insurance, with voluntary supplemental options available.

  • Financial Security: Flexible Spending Accounts (FSA) and a 401(k) Retirement Savings Plan with a competitive company match.

  • Paid Time Off: Generous Paid Vacation Time, Sick Leave, and company-paid Holidays.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Powered by JazzHR

n56Sx9dlyv