What are the responsibilities and job description for the Operational Risk Manager position at Soros Fund Management?
Company Description
Soros Fund Management LLC (SFM) is a multi-strategy global investment firm and family office that manages approximately $28 billion in net assets. Founded by George Soros in 1970, SFM serves as the principal asset manager for the Open Society Foundations (OSF), one of the world's largest charitable foundations dedicated to promoting justice, human rights, and democracy. SFM leverages its permanent capital base, unconstrained mandate, and 50-plus years of experience to invest nimbly across diverse strategies and asset classes, including public and private equities and credit and macro assets. SFM's approach is unique in the investment industry. Headquartered in New York City with offices in London, Dublin, and Hong Kong, SFM employs about 200 professionals.
Position Overview
In this newly established, standalone role, you will be tasked with developing a brand-new, bespoke Operational Risk framework responsible for defining, contextualizing, documenting and implementing specific controls as they pertain to the business' non-financial risk obligations.
You are a curious, pro-active, initiative taking individual who enjoys collaborating with internal and external stakeholders and has the commercial acumen to balance making decisions that align with business objectives, whilst maintaining a relevant level of rigor.
Major Responsibilities
- Assess existing processes and workflows to devise a bespoke control framework across all facets of the organization (investment and non-investment) as they pertain to operational risk, technology risk, third-party risk, reputational risk, operational resilience and any other type of risk that may be deemed appropriate (such as NPAP).
- Develop policies and procedures that are suited to a dynamic, nimble and fast paced industry.
- Engage with business leads and other stakeholders through presentations or other training methods to convey credibility and the significance of this framework.
- Devise a reporting system to track key risk indicators with the objective of presenting to other senior stakeholders on a periodic basis.
Minimum Requirements
Reports into : Chief Risk Officer
Other Key Relationships :
What We Offer
In all respects, candidates need to reflect the following SFM core values :
Integrity / / Teamwork / / Smart risk-taking / / Owner's Mindset / / Humility
Discover how SFM continues to drive impactful investments and supports the global mission of the Open Society Foundations.
Salary : $150,000 - $225,000