Hedge Fund Risk Managers

Hedge Fund Risk Managers Explains Policy

Risk managers identify, analyze, and work to reduce risks at hedge fund firms. These risks range from financial risks to concerns about a firm’s compliance, operational, or Information Technology divisions. Risk managers are also known as chief risk officers and risk officers.

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Quick Facts
Alternate Title(s) Chief Risk Officers, Risk Associates, Risk Officers
Duties Identify, analyze, and mitigate risks
Salary Range $75,000 to $100,000+
Work Environment Primarily Indoors
Best Geographical Location(s) New York City; Chicago; Greenwich, CT; Boston; San Francisco; Dallas; Stamford, CT; and in other cities with large financial sectors
Minimum Education Level
  • Bachelor's Degree
School Subjects
  • Business
  • Economics
  • Mathematics
Experience Ten years in lower-level risk management positions or in other hedge fund careers (chief risk officer); One or two years of experience (internship, co-op, part-time job) in a risk management position (risk associate)
Personality Traits
  • Organized
  • Problem-Solving
  • Realistic
Skills
  • Business Management
  • Financial
  • Interpersonal
Certification or Licensing Recommended
Special Requirements None
Employment Prospects Good
Advancement Prospects Fair
Outlook Much Faster than the Average
Career Ladder
  • Managing Partner
  • General Partner
  • Chief Risk Officer
  • Risk Manager
  • Risk Management Associate

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