Oil: Hedge Fund - P&L/Risk Associate

Oil: Hedge Fund - P&L/Risk Associate Our client, a Hedge Fund based in Stamford, CT (next to train station) is building out their physical Petro trading businesses. This role reports to the CRO: provides daily trading (P&L and attribution) and has exposure to market risk analytics (VAR, stress testing) for multiple trading business. The position will assist in building out risk management processes and systems. The firm has an excellent culture, generous bonuses, and a flexible hybrid schedule.

Responsibilities:

• Monitor daily trading exposure for the crude oil desk and highlight material risk movements, exceptions, or unusual position changes.
• Review and reconcile daily profit and loss results, investigating variances and ensuring reporting reflects trading activity accurately.
• Perform product control activities by validating pricing inputs, position data, and valuation outcomes across relevant books.
• Partner with traders, finance, and control teams to resolve breaks, clarify trading impacts, and improve the reliability of risk reporting.
• Prepare regular risk and performance summaries that present key drivers, exposures, and notable developments to stakeholders.
• Analyze trade and market data to identify trends, explain P&L movements, and support stronger risk transparency.
• Contribute to the enhancement of reporting tools, controls, and analytical processes used in trading risk oversight.

Requirements:

• At least 1+ years of experience in trading risk, product control, P&L analysis, or a related support function within a trading environment.
• Exposure to crude oil, energy, commodities, or other market-based trading products.
• Proficiency in Python for data analysis, reporting, or process automation - Big Plus!.
• Strong understanding of position reporting, valuation review, and daily profit and loss analysis.
• Advanced analytical and problem-solving skills with a high level of accuracy and attention to detail.
• Ability to communicate clearly with trading, finance, and operational stakeholders.
• Comfortable working in a fast-paced setting with shifting priorities and time-sensitive deadlines.

For immediate consideration email your resume to austin.royle@rhi.