Hedge Fund Deputy COO / FD – Excellent Progression – 80
The fund was only launched a couple of years ago and has grown significantly in that time. However the COO was a contact of the founding partners who effectively came out of retirement to take on the role. This was only ever going to be on a short term basis until the fund was fully operational and stable, so the plan is to now hire a deputy who can be trained up to take over the COO role in 12-24 months.
The role itself encompasses operational and finance responsibilities. On the finance side the hire is to be in charge of financial statements, compliance and regulatory issues. Given the growth of the operations / middle office team the hire is to also take on the running of the daily function. In addition you are to shadow the current COO who is going to invest his time and wealth of experience in training you up to take on his role.
The client is looking for an individual with a strong mix of finance and operations skills. There is a strong focus on compliance and regulation so experience in that space is particularly useful. A qualification would be useful, ideally an accountant, but CFA, compliance or anything deemed relevant would be useful.
The client is initially paying 80-100k base salary with a strong bonus element. The step up to COO would include a strong increment in addition to a % stake in the fund. It is worth mention that the benefits are particularly attractive for a hedge fund.
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