Head of Risk

Eden Rose is currently engaged with a financial institution within Abu Dhabi Global Market (ADGM) who are seeking a Head of Risk for their new business vertical.

Reporting to the Executive Officer, you will lead the firm's risk framework and provide independent oversight and challenge of its investment activities.

• Provide risk oversight into the fund management activities, incl. an independent risk opinion on investment proposals, portfolio construction and fit with fund mandates.
• Assess risks for new funds, strategies and products across the fund lifecycle.
• Monitor fund performance vs. specified risk parameters and attribution to identify style drift or strategy deviation.
• Review fund documentation to ensure investment restrictions, liquidity terms and risk disclosures are accurate.
• Develop and oversee the investment and portfolio risk framework across funds and strategies.

Monitor market, liquidity, credit, counterpart, concentration and leverage risks, and set risk limits and escalation mechanisms.

• Conduct portfolio risk analysis, stress testing and scenario analysis.
• Oversee liquidity risk, including redemption and capital-call analysis, and ensure liquidity profiles match fund dealing terms.
• Monitor compliance with fund mandates, investment restrictions and approved risk limits.

Develop and maintain the risk management framework, risk appetite, policies and procedures.

• Prepare risk reports for senior management, the Investment Committee, the Risk Committee and the Board.
• Identify emerging risks and ensure timely escalation and remediation of material issues.

The Head of Risk will hold a Bachelors' Degree in a relevant discipline, and have 12-15 years of experience in investment risk specifically in asset management with a strong knowledge of fund structures, valuation and the full fund lifecycle in public markets, proven experience building risk frameworks, limits, stress testing and risk reporting and a strong knowledge of ADGM/FSRA regulation; experience with an DIFC/FSRA-authorized fund manager

Preferred. You will be able to meet FSRA fit and proper standards and obtain Approved Person status, have strong stakeholder management, communication and leadership skills and CFA, FRM, CAIA or equivalent qualifications are an advantage.