YOUR MISSION
The Operational Due Diligence (ODD) Team is part of the Absolute Return business at Prime Capital that manages the Fund of Hedge Fund portfolios. As an integral part of the investment process ODD is responsible for the initial assessment and ongoing monitoring of the Governance, Operations, Risk-Management, Valuation, IT/Cybersecurity and Compliance frameworks of hedge funds and hedge fund management firms. As an ODD intern you will have the opportunity gain deep insights into the business management and operations of a broad set of hedge fund managers around the world. The ODD team works solely in English and regularly travels internationally for due diligence meetings with hedge fund managers.
YOUR RESPONSIBILITIES:
YOUR RESPONSIBILITIES:
- Supporting the operational due diligence team in performing due diligence assessments of hedge funds as part of the initial evaluation and ongoing monitoring.
- Evaluating the business management frameworks of hedge funds and hedge fund managers, including Governance, Operations, Risk-Management, Valuation, IT/Cybersecurity and Compliance.
- Preparing and participating in meetings with senior business management personnel from hedge fund management firms, service providers and fund directors.
- Contributing to internal initial evaluation reports and updating assessment reports, including assessments of operational risk, liquidity risk and counterparty credit risks.
- Performing ongoing monitoring of hedge fund managers through due diligence questionnaires, document reviews and monitoring of publicly available disclosures.
- Development of internal processes and documents for the operational due diligence team.