Investment Risk Models Senior Risk Manager, VP

Today, markets face a whole new set of pressures but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

Were looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That's why we are Investors for a new now.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients financial future. And in return, well give you the support and platform to develop new skills, make an impact and work alongside some of the industry's greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

About DWS Investment Risk

The Chief Risk Office within DWS is an independent function responsible for protecting the business as well as being a trusted adviser and partner for supporting sustainable business growth. As part of the Chief Risk Office, the DWS Investment Risk team is in charge of independent oversight of investment risk of DWS fiduciary portfolios. The Investment Risk Models team manages the models owned by the DWS Investment Risk function including execution of model risk management processes assigned to model owners. Standard text - to be updated by HR DWS India if necessary.

What we'll offer you

• As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Lead the delivery of the Investment Risk Models teams book of work (ongoing performance monitoring (OPM) and testing, analysis of OPM exceedances and escalation, reporting of model risk, model documentation, development of compensating controls ,and remediation of model risk findings)
• Organize and supervise teams work output including execution of the OPM program, compensating controls, and update of model parameters
• Design processes for the management of investment risk models
• Work closely with the different DWS Investment Risk teams on topics including model quality/gaps, model transparency, and model enhancements
• Collaborate with DWS Model Risk Management and model vendors on various projects including model validation
• Train team members on risk models (market risk and liquidity risk models)

Your skills and experience

• University degree in Finance or quantitative field, Chartered Financial Analyst or Financial Risk Manager designations a plus
• At least 9 years of proven experience in the financial services industry, with experience in model risk management
• Proven experience in model development, model testing, and model documentation
• Previous experience with BlackRock Solutions Aladdin preferred
• Strong knowledge of valuation and risk management models including VaR across a diverse set of instrument and risk types (market, liquidity, counterparty)
• Strong interpersonal and communication skills; role requires regular interaction with individuals within the global risk organization, and external vendors
• Excellent verbal and written communications skills, with ability to communicate issues to management proactively and effectively
• Strong organizational skills and ability to manage competing priorities
• Strong working knowledge of MS Word, Excel, PowerPoint, SQL, and Python

How we'll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

Role: Principal / Partner / Director

Industry Type: Investment Banking / Venture Capital / Private Equity

Department: BFSI, Investments & Trading

Employment Type: Full Time, Permanent

Role Category: Investment Banking, Private Equity & VC

Education

UG: Any Graduate

PG: Any Postgraduate