Chief risk officers need at least 10 years of experience in lower level risk management positions or in other venture capital careers. Risk managers must have at least five years of experience in risk management, and risk analysts need a year or two of experience (a combination of an internship, co-op, or part-time job) in a risk management position at a corporation or in an another alternative investment sector such as private equity or hedge funds.
You will need excellent judgment, strong communication and interpersonal skills, and confidence in order to effectively convey and support your recommendations regarding risk areas—especially because other members of the firm may not always agree with your conclusions. Other important traits include good problem-solving skills, intellectual curiosity, strong quantitative skills, and the ability to use risk management software.