Perform quantitative routines to help identify potential hedge funds for investment (i.e. routine hedge fund data base searches) Attend initial meetings with new hedge fund managers (i.e. capital introduction seminars, meetings at hedge funds, etc.) Draft call reports with regard to the initial screening meetings with new hedge funds Perform qualitative due diligence work on potential new hedge fund investments (i.e. document reviews and on site due diligence visits) Draft Executive Summary reports (i.e. due diligence reports for potential new fund investments) Perform ongoing due diligence reviews for current hedge fund investments Draft ongoing due diligence reports Coordinate documents for New Fund Selection Committee and Risk Management Committee Responsibility for maintaining the integrity due diligence electronic and hard copy files
Requirements
A combined 5 to 8 years experience in product strategy and control-related acumen is required for this position. Knowledge of hedge funds and fund of funds (i.e. product offerings and strategies, legal/organizational structures etc.) [Product strategies would include all fixed income, equity, currency and commodity related hedge fund strategies.] Excellent written skills Financial analytical skills (i.e. undergraduate or graduate degree with a concentration in accounting, finance or economics required) Knowledge of risk management quantitative methodologies and risk management practices is a significant plus.
The product strategy knowledge may have been obtained in one of the following manners:
Research analyst (i.e. at fund of funds) with strong product knowledge A robust product control function at a major financial institution Market risk management function at a major financial institution Disciplined portfolio management experience
The strongest candidates will have diversified product knowledge The control oriented acumen may have been obtained from the following disciplines: Operational due diligence analyst at major fund of funds Product control experience at a major financial institution Capital markets audit experience Operations experience at a major financial institution