Risk managers work in comfortable offices that are equipped with the latest technology. At large firms, they are assisted by risk associates. Risk managers frequently meet with compliance, investment, legal, and operations professionals to review potential risk areas and address ongoing issues. These meetings can sometimes be contentious if a firm’s managers do not agree with the opinions of the risk manager. The job can also be stressful because there is considerable pressure on the risk manager to identify all risks before they become an issue. In 2015, almost 80 percent of hedge fund professionals worked between 40 and 60 hours per week, according to the 2015 Hedge Fund Compensation Report from Benchmark Compensation, a financial data analytics firm.
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