Production Engineer | Risk/PNL | Quant Trading

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

Please apply for more information.