Production Engineer | Risk/PNL | Quant Trading

Paragon Alpha - Hedge Fund Talent Business
New York, US

Job Description

Paragon are working with a systematic hedge fund, who have successfully opened in NYC this year after an exceptional track record of success in London/APAC

They will be hiring a Production Engineer - this role sits at the intersection of front office, risk, and engineering, ensuring the integrity of real-time risk and PnL across global markets.

Scope of work

  • Act as the primary point of contact for real-time risk and PnL issues impacting trading desks
  • Monitor intraday risk systems (Greeks, exposures, limits) to ensure accurate front‑office visibility
  • Own end‑of‑day PnL production, including reconciliation between trader estimates and official finance figures
  • Investigate and resolve trade and position breaks across internal systems, brokers, and exchanges
  • Ensure market data (prices, curves, vol surfaces) feeding risk/PnL calculations is complete
  • Partner with traders and quants to explain daily PnL movements across key risk drivers
  • Lead incident management under time pressure
  • Drive automation and process improvements using scripting (Python/SQL)
  • Support system releases and validate risk/PnL outputs post‑deployment

Profile will have

  • Experience in risk, PnL, or trading support within a financial institution
  • Strong understanding of risk metrics (delta, gamma, vega, etc.)
  • Solid SQL and scripting skills for data analysis and automation
  • Ability to troubleshoot complex issues in a high‑pressure environment
  • Strong communication skills with both technical and non‑technical stakeholders

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Skills & Requirements

Technical Skills

PythonSQLcommunicationfinancequant tradingrisk management

Level

mid

Posted

4/6/2026

Apply Now

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