This fall, Securities Technology Monitor reported on Risk Talent Associates, the leading risk management recruiting firm, survey covering 225 risk managers at institutional fund firms, hedge funds, funds of hedge funds and insurance firms. The survey reported that the total compensation for chief risk officers and managing directors at the alternative funds averaged $937,707 in 2009 compared to $841,426 in 2008. But, despite their higher salaries, managing directors and chief risk officers had the slowest growth in total compensation— only about four percent in 2009 over 2008.
Detailed compensation for risk professionals in alternative investments other than chief risk officers and managing directors was also included in the survey.
Read the full survey here.