Job Description

DWS Senior Risk Manager / VP Position Overview Title: DWS Senior Risk Manager / VP Location: Pune, India Role Description This role has responsibility for independent risk management oversight for a specific risk type (e.g., Credit, Market, Liquidity, Operational) and embedding the Group\'s Risk Management Framework for that risk type within the Business Divisions and Infrastructure functions. They contribute to the setting of risk appetite for given risk type and monitor against it. They also independently assess risks for complex or significant transactions or other drivers / key controls and provide challenge and advisory at a senior level. They make decisions and approvals based on their allocated authority level and are a point of escalation for disputed assessments or decisions. Role responsibilities also include reviewing the effectiveness of current frameworks and methodologies as these are used and collaborates with others to improve and develop these. DWS Group (DWS) is one of the world\'s leading asset managers with EUR 833bn of assets under management (as of 30 June 2022). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognised by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines. We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management - as well as our deep environmental, social and governance focus - complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically. The Risk platform is the independent risk oversight function of DWS. Model Risk is part of the Risk function and is designed to provide governance and control to manage a variety of models used in the Firm and associated risks. The Model Risk team works as a global organization with team members in New York, London and Frankfurt with a focus around validating, testing and overseeing the usage of models related to Corporate Risk (liquidity/economic capital) and Investment Risk for Liquid and Illiquid investment strategies. What we\'ll offer you: As part of our flexible scheme, here are just some of the benefits that you\'ll enjoy. A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That\'s why we are committed to providing an environment with your development and wellbeing at its centre. You can expect: Competitive salary and non-contributory pension 30 days\' holiday plus bank holidays, with the option to purchase additional days. Life Assurance and Private Healthcare for you and your family A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits The opportunity to support a wide-ranging CSR programme + 2 days\' volunteering leave per year. Your key responsibilities: Contribute to the enhancement of DWS model risk appetite and management framework definition. Engage model owners/users/developers for the collation and ongoing maintenance of the DWS Model Inventory Manage the model approval process, administration for initial use approval, subsequent approvals and model change oversight. Implement model risk governance processes including model risk assessment and reporting thereon to relevant governance forums. Interact with regulators and internal/external audit on model risk management topics. Compile and distribute model governance forum materials. Coordinate with Model Validation for the firm\'s models define validation priorities for both in-house and vendor models, based on regulatory guidance, internal policy and procedures and best industry practice. Work with technology partners to design and roll out the firm\'s strategic model inventory and workflow solution. Review validation findings, recommendations and reports, while tracking and reporting of model findings and remediation status Your skills and experience: Strong experience in Model Governance and/or Model Risk Management Strong knowledge of Model Risk regulatory requirements and industry standard practice Experience in drafting policy and procedure documentation, and MIS intended for a senior audience that includes senior management, oversight forums and regulators. Exceptional interpersonal skills and ability to collaborate successfully. Proven success as a trusted partner who implements change and positively influences change adoption by end users. Educated to degree level in a financial related discipline or with relevant professional experience. How we\'ll support you Training and development to help you excel in your career Flexible working to assist you balance your personal priorities 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 About us and our teams Please visit our company website for further information: Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer. We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation. Click to find out more about diversity and inclusion at Deutsche Bank.

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