Junior COO - Boutique Hedge Fund - up to £100k base + Large bonus

A boutique, expanding London based hedge fund, are looking to make a newly created COO support hire.

Whilst the fund is doing very well, there are many pressure points where the business can be performing better (mainly due to managing partners not having the bandwidth to either get into the detail of specific tasks, or them not having the time required to chase ‘lower priority’ work to be executed) - the new hire will effectively shadow the current COO, managing / overseeing areas of the business, taking on a large list of priorities / deliverables from the COO and broader senior management and making sure that they are executed / delivered upon in an efficient timeframe. The bandwidth is broad, for example helping the marketing team with new contracts and/or access to new jurisdictions, managing the onboarding / implementation / integration of new IT systems, supporting operations and compliance team members by pushing deliverables that external service providers are falling behind on and/or have not delivered correctly on, sitting in on monthly executive committee meetings to take minutes and follow up on what was discussed with the relevant parties to ensure delivery, project managing a new office move front-to-back etc. The hire should also work using their own initiative, creating their own firmwide projects to lead (for example, he/she might ask, ‘what improved processes or new procedures do we need in place to ensure better delivery of X’).

The ideal candidate would currently be working for a boutique hedge fund in a broad non-investment support role or having worked in more than one non-investment function. Alternative, a ‘chief of staff’ / ‘business manager’ type from the hedge fund space would be suitable. Strong academics, a high attention to detail and first-class organisational skills are essential.

The role will ideally cap out at a £100k base salary, as the bonus potential is very good - a 50% bonus is realistic, but with role growth and excellent individual and fund performance it could be as high as 100% in some years.