Portfolio Manager: The top-level executive responsible for managing the overall investment strategy and portfolio of the hedge fund.
Analyst: Junior-level professionals conduct research, financial analysis, and generate investment ideas. They work closely with portfolio managers to provide recommendations.
Trader: Executes trades on behalf of the hedge fund, implementing investment strategies and managing the fund's positions in various financial markets.
Risk Manager: Monitors and assesses the risks associated with the hedge fund's investments, developing risk management strategies and ensuring compliance with risk limits and regulations.
Research Analyst: Conducts in-depth research on specific sectors, industries, or companies to identify investment opportunities and provide recommendations to portfolio managers.
Quantitative Analyst/Quant: Utilizes mathematical and statistical models to analyze market data, develop trading strategies, and support investment decision-making.
Operations Manager: Responsible for managing the day-to-day operational aspects of the hedge fund, including trade settlement, reconciliation, performance measurement, and compliance.
Chief Financial Officer (CFO): Oversees the financial operations of the hedge fund, including financial reporting, budgeting, and managing relationships with service providers and auditors.
Investor Relations (IR) Manages relationships with investors, communicates fund performance, provides investor reporting, and assists with fundraising efforts.
Compliance Officer: Ensures the hedge fund adheres to relevant laws, regulations, and internal policies. They monitor and mitigate compliance risks and handle regulatory filings.
Technology/IT Specialist: Supports the hedge fund's technology infrastructure, and develops and maintains trading systems, data analytics platforms, and cybersecurity protocols.
Operations Analyst: Assists with operational tasks such as trade settlement, performance reporting, data management, and process improvement.
Legal Counsel: Provides legal guidance and handles legal matters related to the hedge fund's operations, investment agreements, regulatory compliance, and contracts.
Wall Street Careers notes that hedge funds can vary in size, investment strategy, and specialization, so the specific job titles and roles may differ across different funds. Some hedge funds may also have unique or specialized positions based on their particular investment approach or focus.