Must have knowledge of derivative products, risk management, compliance procedures, technology implementation and project management. An MBA or graduate degree in financial engineering is required. A certified financial analyst designation is preferred.
Those are the likely employment requirements for the derivatives risk manager that many US registered investment funds will have to hire if the Securities and Exchange Commission has its way. Although the job title appears only briefly in newly proposed rules by the SEC for registered investment funds to manage their use of derivative contracts, the mere mention is generating plenty of debate. Operations managers tell FinOps Report the hiring the right person won’t be easy, because the broad expertise in setting up and overseeing a specific derivatives risk management program may be hard to find.
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