I would make sure that the barrier between your pond and that hill is really high. I could easily envision water cascading down and splashing over most ordinary barriers--and carrying things into your pond that you probably don't want there. I've not seen that kind of high, steep hill rising almost directly off a pond before, so I can't say how exactly to handle it, but I'd observe how the water flows the next time it rains--especially a heavy rain. On the flipside, your waterfall will probably be pretty amazing on those days.
I also think you're going to need a very, very powerful pump to move the water up to the top at anything like the rate you hope. That's a serious incline. It's going to look fabulous when it's done, and it's a great spot, but mountains tend to offer unique challenges to almost every kind of situation, not just ponds.