Chief Risk Officer - Operations

About the Company

Arootah is a talent solutions firm purpose-built for the alternative investment industry. We advise and we execute, covering the full talent spectrum from entry to exit across five services: Talent Acquisition, Fractional Leadership, Talent Development, Retention & Compensation, and Transition.

Responsibilities

• Establish, implement, and oversee Operational Risk Management activities including reporting KRIs and conducting RCSAs
• Implement and manage control testing and development of action plans
• Develop and produce risk management reports and monitor department risk profiles
• Work with Compliance and Legal to provide guidance on regulatory and industry operational developments
• Analyze Access Management, cybersecurity, and IT risks
• Implement and design regular audits and examinations of assigned departments
• Manage oversight of Policies and Procedures manuals and Quality Control committees
• Devise and implement firm-wide programs for vendor due diligence and third-party service provider oversight
• Conduct thorough reviews of incidents and analyze risk metrics to design workflow improvements
• Serve as risk management advisor for new or modified products and operational processes

Requirements

• 8+ years of experience as a Chief Risk Officer (Operations) at a Hedge Fund, Family Office, or Investment Management firm
• 3-5 years of additional experience in Risk Management, Operations, or Compliance at an Asset Management firm
• Bachelor's Degree in a quantitative discipline (Finance, Operations, Computer Science, Economics, etc.)
• Extensive knowledge of investment management industry, technology, and SEC regulatory requirements
• Strong understanding of investment vehicles, exchange rules, and settlement procedures
• Strong analytical, project management, and communication skills

Preferred Qualifications

• MBA or similar advanced degree
• Financial Risk Manager (FRM) or similar professional designation