Employers
Risk managers work for hedge funds (especially those with a large number of assets under management) and third-party vendors (including investment banks) that specialize in providing risk management services to hedge funds. Risk managers also find many opportunities at banks, insurance companies, municipalities, hospitals, airlines, retailers, school districts, construction firms, manufacturers, government agencies, nonprofit organizations, and colleges and universities.
Starting Out
Risk management jobs are found through recruiters, job listings at sites such efinancialcareers.com, professional associations, career fairs, and by applying directly to companies that employ risk professionals. Some people find employment in the hedge fund industry after working in risk management positions at government agencies, or at banks, insurance companies, and other corporations.