Risk jobs becoming more important in investment circles?

Risk management positions in London could become more sought after following comments from one industry expert that adequate governance strategies are now increasingly important in investment circles.

Writing for the Financial Times, chairman of the Alternative Investment Management Association Todd Groome said institutional investors are prioritising secure infrastructures at their businesses.

He remarked: "This can be seen in the use of risk management practices and systems, compliance procedures, performance and risk reporting, governance structures and overall operational sophistication."

According to Mr Groome, hedge fund managers and other similar firms are currently pumping a lot of money into strengthening these areas of their enterprises, which could be of benefit for those seeking risk jobs.

New regulatory demands have ensured that the costs of such exercises are far outweighed by the advantages they bring, he explained.

In an article for eFinancialCareers, Sarah Butcher recently implied risk jobs may be in high demand throughout the UK as the financial services industry has reported a lack of available talent.