<div class="content-intro"><div style="width: 100%; height: 120px;"><img style="display: block; margin-left: auto; margin-right: auto; max-width: 100%;" src="https://sfm2.wpenginepowered.com/wp-content/uploads/2025/03/SOROS.png" alt="" width="439"></div></div><p><strong>Operational Risk – Operational Risk Manager</strong></p> <p><strong>Company Overview</strong><br>Soros Fund Management LLC (SFM) is a global asset manager and family office founded by George Soros in 1973. With<br>$28 billion in assets under management (AUM), SFM serves as the principal asset manager for the Open Society<br>Foundations, one of the world’s largest charitable foundations dedicated to advancing justice, human rights, and<br>democracy.</p> <p>Distinct from other investment platforms, SFM thrives on agility, acting decisively when conviction is high and exercising<br>patience when it’s not. With permanent capital, a select group of major clients, and an unconstrained mandate, we<br>invest opportunistically with a long-term view in a wide range of strategies and asset classes, including public and<br>private equity and credit, fixed income, foreign exchange, and alternative assets. Our teams operate with autonomy,<br>while cross-team collaboration strengthens our conviction and empowers us to capitalize on market dislocations.</p> <p>At SFM, we foster an ownership mindset, encouraging professionals to challenge the status quo, innovate, and take<br>initiative. We prioritize development, enabling team members to push beyond their roles, voice bold ideas, and<br>contribute to our long-term success. This culture of continuous growth and constructive debate fuels innovation and<br>drives efficiencies.</p> <p>Our impact is measured by both the returns we generate and the values we uphold, from environmental stewardship to<br>social responsibility. Operating as a unified team across geographies and mandates, we remain committed to our<br>mission, ensuring a meaningful, lasting impact.</p> <p>Headquartered in New York City with offices in Greenwich, Garden City, London, and Dublin, SFM employs 200<br>professionals.</p> <p><strong>Team Overview</strong><br>The role of the Operational Risk team at SFM is to establish governance and a framework that is fit for purpose, scaled to<br>SFM’s mandate and complexity, embedding rigor where it drives better outcomes. The approach is anchored in informed<br>risk taking (not risk elimination), ensuring risks are clearly understood, quantified where possible, appropriately owned<br>and accepted. This team sits within the organization’s broader risk function, reporting to the Chief Risk Officer.</p> <p><strong>Job Overview</strong><br>In this newly established role, we're seeking an experienced operational risk professional with 8 – 10 years of experience<br>to support the Head of Operational Risk in operating and strengthening the Firm's operational risk program. This is a<br>business-facing role focused on understanding how the organization works, identifying material risks, and developing<br>practical, commercial risk solutions, in partnership with the business; while also owning the risk reporting that gives<br>management visibility into the program, and contributing input and recommendations on the broader framework,<br>documentation, and methodology as it evolves. This role will suit a candidate with a mix of first-line and second-line<br>experience, giving them credibility and perspective on both sides of the table.</p> <p><strong>Major Responsibilities</strong><br>• Risk Identification & Assessment - Partner with the business to identify and assess operational risks, distinguishing<br>material risks from process weaknesses, and maintain the risk register.<br>• Incident & Issue Management - Own the Firm's incident reporting process end-to-end, ensuring timely capture and<br>assessment, challenging root causes, and tracking themes across the program.<br>• Risk Reviews & Process Assessments - Conduct targeted reviews of processes and controls, assessing what could go<br>wrong and how risk is managed, and deliver practical, commercial recommendations to the Head of OR.<br>• Remediation & Enhancement Tracking - Oversee remediation actions, tracking ownership, target dates, and status,<br>while challenging whether proposed actions address root causes.<br>• Risk Reporting - Own operational risk reporting (incidents, risk indicators, remediation status, and trends), ensuring<br>it is decision-useful for management.<br>• AI Enablement in Risk Management - Identify and help implement responsible AI use within the risk program, from<br>risk identification to reporting, with appropriate documentation and governance.<br>• Stakeholder Engagement - Build trusted relationships across the Firm, influence without formal authority, and<br>reinforce a culture of risk awareness and transparency.<br>• Background Check Program - Support administration and oversight of the Firm's background check program,<br>including coordinating checks and maintaining records.</p> <p><strong>What We Value</strong><br>• Analytical & Critical Thinking - Identifies underlying causes and patterns, and distinguishes material issues from less<br>significant ones.<br>• Curiosity & Investigative Mindset - Naturally inquisitive; asks thoughtful follow-up questions and digs into issues to<br>und