Senior Risk Manager

ZipRecruiter; London; On-site; GBP 90,000 - 120,000; Full time

Job summary

A leading hedge fund in London seeks a Senior Risk Manager to design and implement its risk management framework. This newly created position involves advising on risk concentration, supporting hedging strategies, and collaborating with senior leadership. The ideal candidate will have credit risk experience and a proactive approach to risk management. This role offers visibility and impact within the organization.

Qualifications

• Demonstrable experience in credit risk, ideally with exposure to distressed credit.
• Ability to anticipate risks in complex markets.
• Strong communication skills to influence stakeholders.
• A hands-on, proactive approach to risk.

Responsibilities

• Design and implement the fund’s overall risk management framework.
• Advise on risk concentration and portfolio exposure.
• Support the development and execution of hedging strategies.
• Collaborate with senior leadership to embed risk in decision-making.

Skills

Credit risk experience

Analytical mindset

Strong communication skills

Proactive risk management

Job description

Job Description

A rapidly scaling distressed debt and special situations hedge fund — currently on the path to becoming a multi-billion dollar platform — is looking to appoint a Senior Risk Manager to play a pivotal role in its next phase of growth toward $3–5BN AUM.

This is a newly created and high-impact position, designed for a proactive risk professional who can partner closely with the investment team and leadership to shape and evolve their risk framework.

What You’ll Be Doing:

• Designing and implementing the fund’s overall risk management framework
• Advising on risk concentration and portfolio exposure
• Supporting the development and execution of hedging strategies

Collaborating with senior leadership to ensure risk is embedded in strategic decision-making

What We’re Looking For:

• Demonstrable experience in credit risk — ideally with exposure to distressed credit, although not essential
• A sharp, analytical mindset and the ability to anticipate risks in complex and fast-moving markets
• Strong communication skills to influence investment and operational stakeholders
• A hands-on, proactive approach to risk — you're someone who sees around corners and doesn’t wait to be asked

Why This Role?

• Timing: Join at a defining moment — this is not just a job, it's a chance to shape the DNA of the fund’s risk culture before it scales.
• Visibility: Work directly with the CIO and senior leadership, with a direct line of sight to investors and LPs.
• Impact: Your contribution will be key to giving institutional investors the confidence they need — and helping unlock the fund’s next stage of growth.

If you're a senior risk talent looking for a rare opportunity to build, influence, and grow with a fund that’s going places, we’d love to hear from you.