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Hedge Fund Jobs (NOW HIRING)

Hedge Fund Risk Manager

Chicago, IL · On-site

$80K - $133K/yr

Conduct risk-focused due diligence on hedge fund managers * Evaluate strategy risk, leverage, derivatives use, and drawdowns * Challenge portfolio construction and hedging assumptions Risk Analytics ...

Manager,Hedge Fund Accounting Locations: San Francisco, CA(hybrid), Walnut Creek, CA (hybrid), Bellevue, WA (hybrid) About the Role Step into a client-facing leadership role whereyou'llmanage key ...

Manager,Hedge Fund Accounting Locations: San Francisco, CA(hybrid), Walnut Creek, CA (hybrid), Bellevue, WA (hybrid) About the Role Step into a client-facing leadership role whereyou'llmanage key ...

Manager,Hedge Fund Accounting Locations: San Francisco, CA(hybrid), Walnut Creek, CA (hybrid), Bellevue, WA (hybrid) About the Role Step into a client-facing leadership role whereyou'llmanage key ...

Senior Associate, Hedge Fund Accounting Location : Dallas, TX (hybrid), New York City (hybrid), Braintree, MA (hybrid) About the Role Join a fast-paced hedge fund accounting team where you'll take ...

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TAX SENIOR - HEDGE FUND PRACTICE

New York, NY · On-site

$89K - $110K/yr

Tax Seniors focus on tax compliance and some compliance review of hedge fund, private equity, venture and real estate funds, and serve as members of various client service teams. They must possess ...

TAX SENIOR - HEDGE FUND PRACTICE

Greenwich, CT · On-site

$91K - $113K/yr

Tax Seniors focus on tax compliance and some compliance review of hedge fund, private equity, venture and real estate funds, and serve as members of various client service teams. They must possess ...

TAX SENIOR - HEDGE FUND PRACTICE

Greenwich, CT · On-site

$91K - $113K/yr

Tax Seniors focus on tax compliance and some compliance review of hedge fund, private equity, venture and real estate funds, and serve as members of various client service teams. They must possess ...

We're seeking professionals with hedge fund experience at leading firms to coach students and early-career candidates pursuing roles in hedge funds. Coaches help mentees prepare for recruiting ...

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Hedge Fund information

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$150K

$187.5K

$221K

How much do hedge fund jobs pay per year?

As of Jul 4, 2026, the average yearly pay for hedge fund in the United States is $187,500.00, according to ZipRecruiter salary data. Most workers in this role earn between $168,500.00 and $206,500.00 per year, depending on experience, location, and employer.

What are the typical day-to-day responsibilities of an analyst working at a hedge fund?

As a hedge fund analyst, your daily tasks often include conducting in-depth research on companies or sectors, analyzing financial statements, building financial models, and monitoring market trends. You'll frequently prepare investment memos, present findings to portfolio managers, and help generate new investment ideas. Collaboration with traders, risk managers, and other analysts is common, and the work environment is typically fast-paced, with tight deadlines and a focus on delivering actionable insights. The role offers valuable exposure to markets and investment strategies, making it a strong stepping stone for career growth within finance.

What jobs do hedge funds have?

Hedge funds employ a variety of roles including portfolio managers, research analysts, traders, risk managers, compliance officers, and operations staff. These positions require strong analytical skills, financial knowledge, and often proficiency with tools like Excel and Bloomberg terminals. Many roles demand relevant experience, advanced degrees, or certifications such as the CFA.

What Are the Requirements to Get a Hedge Fund Job?

The qualifications and skills that you need to work at a hedge fund include education and a history of successful investment decisions. You may wish to pursue a bachelor’s degree in finance or business. Some hedge fund managers gain experience in the banking industry. Accountants often need experience and certification as a professional accountant (CPA). Hedge fund analysts need a bachelor’s or master’s in finance and certification as a chartered financial analyst (CFA). In all hedge fund positions, it is essential to have a history of profitable investment decisions.

What jobs make $1,000,000 a year?

In the finance industry, hedge fund managers and senior investment professionals can earn $1,000,000 or more annually through base salary, bonuses, and profit sharing. These roles typically require extensive experience, strong analytical skills, and a track record of successful investment strategies. Compensation varies widely based on performance, firm size, and market conditions.

Do hedge fund jobs pay well?

Hedge fund jobs are generally high-paying, especially for experienced professionals such as portfolio managers and analysts, with compensation often including base salary, bonuses, and profit sharing. Salaries can range from six figures to several million dollars annually, depending on performance, experience, and the size of the fund. However, these roles typically require strong financial skills, advanced degrees, and long working hours.

Is it hard to get a job at a hedge fund?

Getting a job at a hedge fund is competitive and often requires strong quantitative skills, relevant experience, and a solid educational background in finance, economics, or mathematics. Many roles also prefer candidates with internships, certifications like the CFA, and proficiency in programming languages such as Python or R. The hiring process can be rigorous, involving multiple interviews and technical assessments.

What is a hedge fund?

A hedge fund is a pooled investment vehicle that is managed by professional investment managers and designed to generate returns for its investors. Unlike mutual funds, hedge funds often use a wide range of strategies, including leveraging, short selling, and derivatives, to seek high returns. They typically cater to accredited or institutional investors due to their higher risk profiles and regulatory requirements. Hedge funds are usually less regulated than other investment funds, allowing them more flexibility in their investment choices.

What is the difference between Hedge Fund vs Investment Analyst?

AspectHedge FundInvestment Analyst
Required CredentialsTypically a bachelor's degree, often with CFA or similar certificationsBachelor's degree, often pursuing CFA or related certifications
Work EnvironmentFast-paced, high-pressure, investment firm settingOffice environment, research-focused, financial institutions or asset management firms
Employer & Industry UsageAsset management firms, hedge funds, private equityInvestment banks, asset management firms, financial advisory

Hedge funds and investment analysts both operate within the finance industry and often require similar credentials like a bachelor's degree and CFA. Hedge funds focus on managing pooled investor capital with active trading strategies, while investment analysts primarily conduct research and analysis to support investment decisions. The work environment for both roles is fast-paced and analytical, but hedge funds tend to be more high-pressure and performance-driven. Understanding these differences helps clarify career paths and employer expectations in the finance sector.

What are the key skills and qualifications needed to thrive as a Hedge Fund Analyst, and why are they important?

To thrive as a Hedge Fund Analyst, you need strong quantitative analysis skills, financial modeling expertise, and a solid understanding of markets, typically supported by a degree in finance, economics, or a related field. Proficiency with tools like Excel, Bloomberg, and data analytics platforms, along with certifications such as CFA, are commonly expected. Exceptional attention to detail, critical thinking, and effective communication set top analysts apart. These skills are crucial for making informed investment decisions, managing risks, and delivering strong returns in a highly competitive environment.
What cities are hiring for Hedge Fund jobs? Cities with the most Hedge Fund job openings:
What are the most commonly searched types of Hedge Fund jobs? The most popular types of Hedge Fund jobs are:
What states have the most Hedge Fund jobs? States with the most job openings for Hedge Fund jobs include:
Infographic showing various Hedge Fund job openings in the United States as of June 2026, with employment types broken down into 73% Full Time, 26% Part Time, and 1% Contract. Highlights an 85% Physical, 9% Hybrid, and 6% Remote job distribution, with an average salary of $187,500 per year, or $90.1 per hour.
Hedge Fund Risk Manager

Hedge Fund Risk Manager

Northern Trust

Chicago, IL • On-site

$80K - $133K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago


Northern Trust rating

8.1

Company rating: 8.1 out of 10

Based on 25 frontline employees who took The Breakroom Quiz


Job description

About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Role Overview
We are seeking an experienced Risk Manager to join our investment team and oversee risk across a diversified portfolio of external hedge fund managers. This role focuses on portfolio-level risk aggregation, manager-level due diligence, and forward-looking risk analytics to support investment decision-making.
The ideal candidate will act as a strategic partner to the investment team, providing actionable insights on portfolio construction, diversification, and downside risk management.
Essential Duties and Responsibilities
Portfolio Risk Oversight
  • Monitor and aggregate risk exposures across underlying hedge funds by strategy, asset class, and geography
  • Assess market, liquidity, concentration, leverage, and tail risks
  • Ensure alignment with risk budgets and investment objectives
Manager Risk Assessment
  • Conduct risk-focused due diligence on hedge fund managers
  • Evaluate strategy risk, leverage, derivatives use, and drawdowns
  • Challenge portfolio construction and hedging assumptions
Risk Analytics & Reporting
  • Maintain VaR, stress testing, and scenario analysis models
  • Build dashboards and deliver risk reporting to senior stakeholders
  • Provide actionable insights to investment decision-makers
Liquidity & Capital Planning
  • Assess liquidity terms including lockups and gates
  • Monitor portfolio liquidity vs investor redemption terms
  • Run stress scenarios for market dislocation events
Portfolio Construction Support
  • Advise on allocation sizing and diversification
  • Identify hidden correlations and portfolio risks
  • Support investment decisions with forward-looking risk views
Ongoing Monitoring & Surveillance
  • Track risk metrics regularly
  • Identify early warning signals such as style drift or anomalies
  • Participate in ongoing manager monitoring
Qualifications
Necessary Experience and Education
  • 3 - 5 years in hedge fund risk management, fund of funds, asset management, risk management or related roles.
  • Bachelor's degree in Finance, Economics, Mathematics, or related field. CFA or FRM preferred.
Necessary Technical Skills
  • Strong understanding of hedge fund strategies
  • Expertise in VaR, stress testing, and risk modeling
  • Prior experience with MSCI RiskMetrics
  • Proficiency in Excel, Power BI, or SQL
Necessary Core Competencies
  • Strong analytical and quantitative skills
  • Ability to interpret limited transparency data
  • Excellent communication and stakeholder management
  • High attention to detail
Salary Range:
$80,800 - 133,400 USD
Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.
Working with Us:
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com .
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.

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