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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: Attractive compensation package with significant bonuses for high performance.
- Other info: High visibility role with opportunities for career advancement and influence.
- Why this job: Be the first operational risk lead and make a real impact in a dynamic environment.
- Qualifications: Specialist operational risk background, preferably from buy-side or banking.
The predicted salary is between 100000 - 150000 £ 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.
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. 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. 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 % 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 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 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 job.
✨Tip Number 2
Prepare for those interviews! Research the firm inside out, especially their operational risk framework. We want you to walk in there with confidence, ready to impress them with your insights and recommendations.
✨Tip Number 3
Showcase your expertise! Bring examples of how you've successfully managed operational risk in the past. We need to see that you can be that fresh pair of eyes they’re looking for.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. We’re here to help you every step of the way, so don’t hesitate to reach out if you need any tips or guidance.
We think you need these skills to ace Head of Operational Risk - Hedge Fund - Large compensation package in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the operational risk role. Highlight your relevant experience and skills that align with the job description, especially your understanding of both back office and trading operations.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for this newly created position. Share specific examples of how you've successfully managed operational risk in the past and how you can bring fresh insights to our firm.
Showcase Your Industry Knowledge: Demonstrate your understanding of market developments, FCA changes, and best practices in your application. This will show us that you're not just qualified, but also genuinely interested in the industry and ready to advise our managing partners.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
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 concepts, especially in the hedge fund space. Brush up on your knowledge of market developments, FCA changes, and best practices. This will not only help you answer questions confidently but also demonstrate your expertise to the CRO and managing partners.
✨Understand the Business Landscape
Familiarise yourself with the firm's structure, from back office operations to trading strategies. Being able to discuss how operational risk impacts each area will show that you can provide valuable insights and recommendations tailored to their specific needs.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving skills. Think about past experiences where you've successfully managed operational risks and be ready to share these examples. Highlight your ability to implement new processes and controls effectively.
✨Showcase Your Communication Skills
As this role involves advising high-profile individuals, strong communication skills are essential. Practice articulating complex ideas clearly and concisely. Be prepared to discuss how you would convey operational risk strategies to both technical and non-technical stakeholders.