DWS - Risk - Investment Risk Manager, Alternatives - Assistant Vice President

  • Competitive
  • Singapore Singapore Singapore SG
  • Permanent, Full time
  • Deutsche Bank APAC
  • 24 May 18 2018-05-24

DWS - Risk - Investment Risk Manager, Alternatives - Assistant Vice President

DWS Group GmbH & Co. KGaA (DWS) is one of the world's leading asset managers with EUR 700bn of assets under management (as of 31 Dec 2017). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be 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 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 strategic investment approach.

DWS wants to innovate and shape the future of investing: with staff from 35 nationalities, speaking more than 75 languages rooted in 22 countries, we are local while being one global team.

Position Overview

Risk is the independent risk oversight function of DWS. Working closely with Portfolio Management, Trading and other support and control functions, Investment Risk is part of the Risk Group other support and control functions to appropriately manage risks taken on behalf of the firm's clients. The Investment Risk team works as a global organization with team members in Frankfurt, Berlin, Luxembourg, New York, Madrid, Zurich, Hong Kong, Singapore and Tokyo focusing on the Investment Platfor.

The role of the Investment Risk Manager focuses on the assessment, control and governance of investment risks taken within illiquid alternative funds and separately managed accounts. The role focuses on market-, counterparty-, credit- and liquidity risk while also taken into account performance analytics. The candidate will be instrumental in advancing the risk management framework while supporting growth initiatives within a focus region for the firm.

The opportunity to work within an integrated and internationally operating risk management department providing the following benefits to a suitable candidate:

  • Work in a rapidly changing and entrepreneurial business environment in a focus growth region for DWS
  • Insight into a dynamic and evolving risk discipline across a highly diversified and expanding product offering
  • Opportunity to work within a truly international team
  • Exposure to Senior Management regionally and functionally
  • Ability to influence risk management framework design and implementation for illiquid alternatives products
  • Develop a broad understanding of DWS's strategies, their associated risks and mitigating controls

Key responsibilities:
  • Conduct risk & valuation analysis on a range of underlying assets within a set of portfolios for varying mandates types with focus on illiquid alternative products
  • Design and development of risk analysis for across the fiduciary platform and tailored analysis for individual business mandates
  • Production and analysis of Risk Indicators for the alternative investments
  • Representation of Investment Risk & Valuation in regional forums
  • Contribute to special projects / task forces / working groups relating to the Risk & Valuation Framework or other identified risk issues
  • Contribute to the continuous enhancement of risk control toolset and management reporting
  • Keep abreast of changes in relevant local laws and regulations and understand their implications

Key skills and qualifications:
  • Strong interpersonal skills; role requires constant interaction with individuals within the regional and global risk IRQM organization, across the business (portfolio managers, relationship managers, business management) and externally (e.g. regulators, service providers)
  • Ability to communicate issues to senior management proactively and effectively; ability to translate complex risk management concepts and analysis into succinct points driving action is essential
  • Experience with and ability to learn core risk management concepts across a diverse set of instrument types, business mandates and risk disciplines (counterparty credit, market, liquidity)
  • Knowledge of Asset Management (and value chain) and various regulatory frameworks within the Asia-Pacific region
  • Experience in the financial industry (buy-side strongly preferred), with focus on market-, credit-, counterparty-, liquidity risk
  • Strong fundamental understanding of the asset management business with focus of illiquid alternative products,
  • Technical knowledge of financial markets, products and processes as well as related valuation and risk models (DCF, Multiple Approach, VaR, stress testing)
  • Subject matter expertise and understanding of key risk and valuation drivers for a variety of illiquid alternative assets (real estate, infrastructure, debts, hedge funds / private equity investments, derivative),
  • Strong working knowledge of MS Word, Excel, PowerPoint and Access
  • Minimum relevant undergraduate degree or equivalent; an advanced degree is a plus

Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.