The former head of foreign exchange trading for central and eastern Europe, the Middle East and Africa (CEEMEA) FX trading at Bank of America Merrill Lynch, who quit trading and banking to take a risk job at a London hedge fund, has now left his new role.
Guillaume Huteau, who has spent the last three years working as a risk manager at Citadel in London after two decades in senior banking trading jobs, left the hedge fund earlier this month, according to filings on the Financial Conduct Authority. Citadel didn’t immediately respond to requests for comment.
Huteau last role at BAML was leading up its CEEMEA FX trading division, a job he took in 2012 and which lasted around 18 months. Before this, he was at Credit Suisse for 18 years, latterly as head of EEMEA and Latam emerging markets FX and rates options.
Since the 2008 financial crisis, traders have increasingly been gravitating towards more secure risk management careers. This was before fintech and artificial intelligence were the career switches of choice among senior sales and trading professionals. But risk roles in hedge funds are particularly well paid – with compensation coming in at anywhere between $500k-1m for the senior ranks, according to figures provided previously by headhunters Glocap.
Contact: pclarke@efinancialcareers.com
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