Position Overview
Job Title: Risk Analyst/Senior Risk Analyst Model Validation
Location: Pune
Role Description
DWS Group (DWS) is one of the world's leading asset managers with EUR 941bn of assets under management (as of 31 March 2024). 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
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under child care assistance benefit (gender neutral)
- Flexible working arrangements
- 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:
- Producing quantitative analysis to support the team in conducting validations on DWS models (both in-house and vendor), based on regulatory guidance, internal policy and procedures and best industry practice.
- Support with the communication of findings and recommendations to model owners and prepare the model validation reports.
- Working closely with Investment teams on topics including model assumptions and limitations to ensure models remain fit for purpose.
- Participate in independent model reviews on complex topics in accordance with business needs and regulatory requirements.
- Assist in building benchmark models used across the model validation team, design backtesting or other methodologies to test the conceptual soundness of model assumptions.
Your skills and experience:
- Strong quantitative finance skills gained through education, internships or professional experience using quantitative tools such as Python, C++, R, Matlab.
- Sound theoretical and practical finance knowledge across asset classes such as FX, Rates, Commodities, Equities.
- Good understanding of valuation methods, capital markets, portfolio theory and risk management.
- Strong verbal and written communications skills, with experience of producing reports/technical documentation related to financial topics.
- Educated to degree level in a quantitative field such physics, mathematics, statistics, economics or engineering, or with relevant industry 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
About Us And Our Teams
Please visit our company website for further information:
https://www.db.com/company/company.htm
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
