Risk Developer - Greenfield - Global Hedge Fund

Saragossa; Greater London; On-site; GBP 120,000 - 180,000; Full time

Job summary

Saragossa is seeking a software-focused risk engineer in London to help shape real investment decisions. You will join a lean, business-facing team and contribute to a greenfield ClickHouse data system, translating business needs into robust risk tooling and PNL attribution.

The role emphasizes ownership and direct access to decision-makers, with opportunities to work across quant development, market data and risk initiatives.

Responsibilities

• Develop risk tooling and PNL attribution components.
• Contribute to a greenfield ClickHouse data system build.
• Collaborate with risk managers and the investment side to shape solutions.
• Assist in migrating from scripting language to Python, Java or C# as needed.

Skills

Python

Data analysis

Risk tooling

PNL attribution

Java

C#

Tools

ClickHouse

Job description

Your work will actually influence investment decisions, not just sit in a technology silo.

This is a hedge fund that spun out from one of the top performing global multi-strategy firms. They have recently moved into a larger London office and are growing headcount significantly across quant development, market data and risk development. It is an early stage of that growth, which means the work you do now will shape how things are built.

You will be working directly alongside risk managers, sitting close to the investment side of the business. When you build something here, you will see the impact on real decisions and processes. That is not the case everywhere.

On the technical side, you will be part of a greenfield ClickHouse data system build. There is also a migration away from an internal scripting language towards more widely used languages. They are keeping things tech agnostic, so whether you work in Python, Java or C#, you will not be at a disadvantage. Day to day you will also be building out risk tooling and PNL attribution work alongside the larger initiatives.

The structure here is flat and lean. There are no siloed roles. You will have direct access to the business and the people making decisions, which is rare at this level.

Three reasons this might prompt you to make a move. You want your technical work to have a genuine commercial impact. You are tired of being kept away from the business side of things. You want to join a firm at an early enough stage that your contributions actually matter.

Experience with Python and data is a nice to have. What matters more is that you want to work closely with the business and take ownership of meaningful work.