DWS Risk Manager - NFRM Adherence, AVP

Job Title: DWS Risk Manager - NFRM Adherence

Location: Mumbai, India

Corporate Title: AVP

Role Description

The DWS Non-financial Risk Management (NFRM) team is part of the DWS Chief Risk office within the DWS CFO division.

The DWS Chief Risk office is a dedicated risk oversight and control function, independent from the Front Office and mandated to manage financial, non-financial and investment risks for DWS Group and its subsidiaries.

DWS NFRM acts as 2nd line of defense (2LoD) Risk Control Function with the current mandate:

• Develop, establish and assure qualitative, effective and consistent framework for Non-financial Risk Management and specific NFR risk types
• Oversee NFR remediation and adherence to risk appetite and tolerance
• Coordinate integrated NFR reporting 
• Act as Risk Type Specialist for several non-financial risk types
• Manage Operational Risk Capital

You will join the DWS Risk team based in India reporting to the Head of NFRM Quality Assurance. As a subject matter expert designing and performing NFRM Quality Assurance activities, you will be responsible for assessing and tracking remediation of, NFRM framework adherence. You will work in partnership with all 3LoD (e.g., risk owners, Divisional Control Office, Chief Security Office, Internal Audit, the global NFRM team and related 2nd line functions like Compliance and AFC).

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

• Develop a strong understanding of the NFRM framework and provide feedback on ongoing changes - to support effective / efficient Non-financial Risk Management
• Create a robust Quality Assurance process across key sections of the NFRM Framework (incl. controls), to support the effective monitoring / reporting of DWS Non-financial Risk Appetite
• Maintain Quality Assurance processes across all elements of the NFRM Framework and controls (including substantive testing)
• Engage / challenge DWS and DB stakeholders across 1st and 2nd LoD on ongoing Quality Assurance activities, and remediation
• Provide ongoing management reporting of Quality Assurance results and planned activity
• Engage with ongoing NFRM Framework programs to ensure Quality Assurance activities are effectively embedded

Your skills and experience

• University degree (Economics, Finance, Maths, Natural Sciences, or equivalent)
• Experience of Quality Assurance (2+ years) in financial services or in audit, is a prerequisite
• Experience (5+ years) in risk management in the finance industry, consulting, audit, and regulatory frameworks (e.g MaRisk)
• Relevant professional certifications are a plus (Risk Management Certificates, Auditor, etc.)
• Knowledge of Asset Management is a plus
• Proficiency in MS PowerPoint, Excel, and Word
• Ability to take initiative and constructively challenge the status quo
• Strong team player and collaborative mindset
• Strong English written and verbal communication skills

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

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm