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- Tasks: Lead operational risk management for a multi-billion dollar hedge fund and advise on best practices.
- Company: Rapidly growing hedge fund with a focus on innovation and excellence.
- Benefits: Large compensation package, significant bonuses, and career advancement opportunities.
- Other info: Exceptional communication skills are essential for this business-critical role.
- Why this job: Be the first operational risk lead and make a real impact in a high-profile environment.
- Qualifications: 10-20 years of operational risk experience, preferably in buy-side or banking.
The predicted salary is between 120000 - 180000 £ per year.
A multi-billion dollar AUM hedge fund, having expanded exponentially over the past few years, are looking to hire their first operational risk lead. Reporting into a high-profile CRO and sat with industry leading traders (multi-strategy), this newly created hire will solely manage operational risk for the firm. This is a highly visible and autonomous SME position, where the hire is expected to guide the business / CRO and handle all operational risk tasks in a timely manner. The role is hands-on and has a core advisory element.
An ability to understand the business, from back office through to trading, is crucial as the hire will be expected to provide recommendations to the business and, as a ‘fresh pair of eyes’ within the firm, they will advise on new processes, controls and the overall risk management framework that he / she will drive progress on and see through from implementation through to completion. The hire will also be expected to advise the managing partners / the business on market developments, FCA changes, regulatory developments, best practice etc.
Candidates must have a specialist operational risk background. There is a very strong preference for buy-side candidates, but we could consider banking people. Roughly 10-20 years total experience is deemed correct to step up into the role. Exceptional communication and relationship management skills are above all most important due to the nature of the position and where it sits within the firm.
This is a business-critical hire, the first of its kind for the firm, hence why rather than set a fixed budget, our client is committed to providing the successful candidate with a significant increase on his/her base salary. The firm pride themselves on paying large bonus percentages to high performing non-investment staff, hence why strong individual performance in this stand-alone role will result in a potentially lucrative compensation package.
Head of Operational Risk - Hedge Fund - Large compensation package in City of London employer: Mondrian Alpha
Contact Detail:
Mondrian Alpha Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Operational Risk - Hedge Fund - Large compensation package in City of London
✨Tip Number 1
Network like a pro! Reach out to industry contacts and attend relevant events. We all know that sometimes it’s not just what you know, but who you know that can land you that dream role.
✨Tip Number 2
Prepare for those interviews by researching the firm inside out. Understand their operational risk framework and be ready to discuss how your experience aligns with their needs. We want you to shine!
✨Tip Number 3
Showcase your communication skills! In this role, you'll need to advise high-profile partners, so practice articulating your thoughts clearly and confidently. We believe in you!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re here to support you every step of the way in landing that operational risk lead position.
We think you need these skills to ace Head of Operational Risk - Hedge Fund - Large compensation package in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your operational risk experience, especially in the hedge fund or buy-side space. We want to see how your background aligns with the specific needs of this role, so don’t be shy about showcasing relevant achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this newly created position. We love seeing candidates who can articulate their understanding of operational risk and how they can add value to our team.
Showcase Communication Skills: Since exceptional communication is key for this role, make sure your application reflects that. Whether it’s through clear language in your CV or a well-structured cover letter, we want to see that you can convey complex ideas simply and effectively.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Mondrian Alpha
✨Know Your Operational Risk Inside Out
Make sure you have a solid grasp of operational risk management principles, especially in the hedge fund space. Brush up on your knowledge of market developments, FCA changes, and best practices so you can speak confidently about how these factors impact the business.
✨Showcase Your Advisory Skills
Prepare to discuss specific examples where you've successfully advised on new processes or controls. Highlight your ability to provide a fresh perspective and how your recommendations led to tangible improvements in risk management frameworks.
✨Communicate Like a Pro
Since exceptional communication is key for this role, practice articulating complex ideas clearly and concisely. Think about how you can tailor your communication style to different stakeholders, from traders to managing partners, to ensure your message resonates.
✨Demonstrate Relationship Management Expertise
Be ready to share instances where you've built strong relationships within a firm. Discuss how you navigated challenges and collaborated with various teams to enhance operational risk strategies, showcasing your interpersonal skills and ability to influence others.