Head of Risk

Eden Rose; Abu Dhabi; On-site; AED 800,000 - 1,100,000; Full time

Job summary

Eden Rose in Abu Dhabi seeks a Head of Risk to lead the firm's risk framework for an ADGM-regulated fund management activity. You will provide independent oversight of investment risk, set risk limits, and supervise risk reporting to committees and the Board.

Requirements include 12-15 years in investment risk within asset management, strong knowledge of fund structures and lifecycle, plus CFA/FRM/CAIA or equivalent qualifications are an advantage.

Qualifications

• Proven experience building risk frameworks and controls for asset management.
• Experience in risk governance, measurement, reporting and escalation.
• Knowledge of ADGM/FSRA regulation and fund structures.

Responsibilities

• Provide risk oversight into fund management activities and independent risk opinions.
• Assess risks for new funds, strategies and products across the lifecycle.
• Monitor fund performance against risk parameters and detect style drift.
• Review fund documentation for investment restrictions and liquidity terms.
• Develop and oversee the investment and portfolio risk framework.
• Monitor market, liquidity, credit, counterparty, concentration and leverage risks.
• Conduct portfolio risk analysis, stress testing and scenario analysis.
• Oversee liquidity risk including redemption and capital-call analysis.
• Ensure compliance with fund mandates and approved risk limits.
• Prepare risk reports for senior management, IC, Risk Committee and Board.
• Identify emerging risks and ensure timely escalation and remediation.

Skills

Risk management

Portfolio risk analysis

Stress testing

Liquidity risk

Regulatory knowledge

Stakeholder management

Leadership

Investment risk

Advisory to boards

Education

Bachelor's degree in a relevant discipline

Job description

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.

Key Responsibilities:

• 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.