Job Title: Senior Risk Manager, UK ERM
Corporate Title: VP
Location: Mumbai, India
Role Description
DWS Global Risk Function:
The DWS Group Risk Organisation is a dedicated control function, independent from the Front Office and mandated to manage risks for DWS Group and its subsidiaries globally. It has responsibility for the management of financial, non-financial and investment risks as well as for the comprehensive control of risk, and ongoing development of methods for risk measurement. In addition, the function is responsible for identifying, monitoring, analyzing, and reporting risk on a comprehensive basis.
DWS Enterprise Risk Management: UK Risk
As part of the above, the UK Enterprise Risk Management team (ERM) is responsible for the effective identification, management, control and reporting of financial and non-financial risks for DWS UK entities. It is responsible for:
- Monitoring, analysing, and reporting risk on a comprehensive basis.
- Ensuring that the risk appetite tolerances set out by the Boards of the legal entities in the UK are being adhered with appropriately.
- Ensuring that risk and capital management are aligned to the relevant internal policies as well as UK rules and regulations.
In order to achieve the above, the team works with the businesses and functions operating in the UK entities, with the global risk teams specialized by risk category, as well as with local Control Functions such as Compliance, AFC, Finance, Legal and HR among others.
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
As a Senior Risk Manager at the UK Enterprise Risk Management team you will support and enhance the risk and control oversight responsibilities of the function spanning across all UK businesses, activities and risk types:
- Drive improvements on specific components of the Internal Capital Adequacy and Risk Assessment Process (ICARA), and relevant documentation.
- Drive risk assessment of new products and embed them into existing risk management frameworks or support development of relevant new frameworks.
- Monitor and report risk appetite metrics for the legal entities, including continuous enhancement and annual risk appetite statement update.
- Perform ad-hoc risk analysis and be involved in required change projects to de-risk or support new initiatives.
- Drive annual risk identification and assessment process consolidating all risk categories.
- Drive and implement enhancements to risk monitoring and reporting for local governing bodies.
- Develop and/or maintain key Risk documentation, including UK Risk Management Framework and that of other risk relevant processes or activities.
- Report to the UK Chief Risk Officer, as a member of the UK ERM team and represent the team in relevant governance forums.
Your skills and experience
- Minimum 8 years experience in Risk Management across ERM and/or a variety of disciplines such as Operational Risk, Financial Risk and/or Investment Risk.
- Experience in Asset Management sector.
- Proven experience in roles with direct exposure to FCA prudential regulation.
- University degree, Business Management, Economics or similar.
- Proactive mind-set to propose process improvements and new solutions, including ability to influence and mobilize teams in different parts of the organization in order to achieve the set goals.
- Excellent PowerPoint skills, with ability to synthetize and experience in creating presentations for senior audience.
- Strong verbal presentation skills to Senior Management.
- Demonstratable ability to operate with high autonomy.
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
We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.
Skills Required
- Minimum 8 years experience in Risk Management across ERM and/or Operational, Financial, or Investment Risk
- Experience in the Asset Management sector
- Proven experience with direct exposure to FCA prudential regulation
- University degree in Business Management, Economics or similar
- Proactive mindset with ability to propose process improvements and influence cross-functional teams
- Excellent Microsoft PowerPoint skills and experience creating presentations for senior audiences
- Strong verbal presentation skills to Senior Management
- Demonstrable ability to operate with high autonomy
What We Do
DWS Group (DWS) with EUR 933bn of assets under management (as of 30 June 2024) aspires to be one of the world's leading asset managers. Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized 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 liquid and illiquid asset classes as well as 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, giving strategic guidance to our investment approach. DWS wants to innovate and shape the future of investing. We understand that, both as a corporate as well as a trusted advisor to our clients, we have a crucial role in helping to navigate the transition to a more sustainable future. With approximately 4,500 employees in offices all over the world, we are local while being one global team. We are committed to acting on behalf of our clients and investing with their best interests at heart so that they can reach their financial goals, no matter what the future holds. With our entrepreneurial, collaborative spirit, we work every day to deliver outstanding investment results, in both good and challenging times to build the best foundation for our clients’ financial future.
