Responsibilities:
- Operate and maintain daily VaR and risk systems, ensuring accurate pricing and strategy reflection in the risk engine.
- Monitor intraday trading exposures against firm limits and reconcile margin requirements with FCM statements.
- Execute daily stress tests and scenario analyses to identify anomalies and resolve technical issues within risk systems.
P&L and Attribution:
- Produce daily P&L reports broken down by strategy, providing clear attribution and trend analysis for performance.
- Deliver factual explanations of P&L fluctuations, linking results to market events and strategy behavior for management.
- Apply liquidity reserves to valuations to produce realistic P&L figures and communicate adjusted results to traders.
Reporting and Communication:
- Prepare and distribute clear daily risk reports covering VaR, exposures, margin utilization, and limit status to senior management.
- Communicate daily P&L results and performance trends, explaining the impact of liquidity reserves on financial figures.
- Conduct regular reviews with traders to proactively flag elevated risks and discuss stress test results and optimization.
BHFT
BHFT is a proprietary algorithmic trading firm that manages the full trading cycle, from software development to creating and coding strategies and algorithms, across a broad range of asset classes. The company has over 200 professionals globally, with 70% being technical specialists, and operates with a culture emphasizing clarity, transparency, and open communication as a fully remote organization.