Risk/P&L Analyst

Responsibilities

• Run and maintain daily VaR and risk systems, ensuring all positions and strategies are accurately priced and captured
• Monitor intraday trading exposures against risk limits, including position size, margin, and concentration
• Reconcile daily margin requirements against FCM statements and perform what-if scenarios to optimize margin usage
• Execute daily stress tests and scenario analyses to assess potential market impacts
• Produce daily P&L reports broken down by strategy with clear attribution and trend analysis
• Deliver factual explanations of P&L fluctuations linked to market events and strategy behavior
• Run daily liquidity reserve models to assess bid/ask costs and apply reserves to valuations
• Prepare and distribute daily risk and P&L reports to senior management and traders

Requirements

• 4+ years of relevant experience in risk or P&L at a prop trading firm, hedge fund, or futures clearing organization
• Strong proficiency in Value at Risk (VaR) methodologies and risk system management
• Hands-on experience with futures margining (specifically SPAN), FCM reconciliation, and margin optimization
• Practical understanding of futures markets, including spreads and basis trading
• Solid knowledge of listed options Greeks and equity portfolio risk
• Advanced Excel skills; experience with Python or SQL is a plus
• Bachelor’s degree or higher in Finance, Mathematics, Statistics, Engineering, or a related quantitative field

Benefits

• Work remotely from anywhere in the world with a flexible schedule
• Opportunity to collaborate with industry-leading professionals from firms like Tower, DRW, and Credit Suisse
• Professional growth and self-realization in a modern, low-bureaucracy environment
• Compensation for health insurance, sports activities, and non-professional training

About the Company

BHFT is a proprietary algorithmic trading firm that manages the full trading cycle, from software development to coding complex strategies. We trade a broad range of asset classes, including equities, derivatives, options, and futures, utilizing both High-Frequency (HFT) and Medium-Frequency (MFT) approaches. We are a 100% remote organization with a global team of over 200 professionals.