Overview
Role Description:
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. Thats 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 industrys greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.
About the Investment Risk team:
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 Investment Risk team is in charge of independent risk oversight of investment risk of DWS fiduciary portfolios. In this role, it designs and executes the risk programs to identify, measure, control and manage market, liquidity, sustainability, and counterparty risk of fiduciary portfolios. This includes the regular monitoring, analysis, and reporting of risk to portfolio management and DWS management board.
About the role:
The role of the Investment Risk Senior Risk Manager is to manage and lead a team to assess, monitor, analyze, and report investment risks (market, liquidity, counterparty, valuation, and sustainability risk) taken within commingled investment vehicles (funds and ETFs) and separately managed accounts. In this role you will be organizing, supervising and training team members as well as performing hands-on analysis of investment risk.
Your key responsibilities:
– Manage, supervise, and guide team members
– Conduct and oversee risk monitoring, analysis, and reporting on a set of portfolios for varying mandate types (active, passive, liquid alternative) with broad underlying exposure (fixed income, equity, commodity, derivatives)
– Oversee the execution of data quality controls and recalculation of risk metrics
– Conduct and oversee the calibration of scenario and model parameters
– Document risk processes
– Oversee the preparation of Investment Risk materials for client meetings, management boards, and other oversight bodies
– Representation of Investment Risk in regional and global forums
– Collaborate with other DWS Risk teams on special projects
What we are looking for:
– Master degree (or equivalent) in Finance or quantitative field
– At least 13 years experience in the financial services industry, with experience in different risk functions (market, counterparty, credit, liquidity) preferably within a buy-side firm
– Team management experience of at least 7 years
– Proven experience with analytical models for financial instruments
– Proven experience in process design & implementation
– Previous experience with BlackRock Solutions Aladdin preferred
– Chartered Financial Analyst and Financial Risk Manager designations a plus
– Strong interpersonal skills; role requires constant interaction with individuals within the global risk organization, and across DWS (business management, operations)
– Excellent verbal and written communications skills, with ability to communicate issues to management proactively and effectively
– Proactive mind-set to implement process improvements and new solutions
– Attention to detail
– Strong organizational skills and ability to manage competing priorities
– Strong knowledge of risk management concepts across a diverse set of instrument types, business mandates, and risk disciplines (market, liquidity, counterparty)
– Strong working knowledge of MS Word, Excel, PowerPoint, SQL and Python
– Interest in working in an international environment