Senior Risk Analyst

caia.org - Jobboard • New York, NY, United States • $200k - $250k / year • 3w ago

Job Description:

Employer: DWS Group

Title: Senior Risk Analyst

Location: New York, New York

Job Code: #LI-SL1 #LI-02

About DWS:

Today, markets face a whole new set of pressures - but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We're looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That's why we are 'Investors for a new now'.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients' financial future. And in return, we'll give you the support and platform to develop new skills, make an impact and work alongside some of the industry's greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

Investment Risk / CFO

The Risk function within the DWS CFO division is an independent function responsible for protecting the Business as well as being a trusted adviser and partner for supporting sustainable business growth. As part of the Risk function, the Investment Risk team is in charge of independent risk oversight for DWS client portfolios. In this role, it designs and executes the risk programs to identify, measure, control, and manage market, liquidity, sustainability, and counterparty risk of fiduciary portfolios. This includes the regular monitoring, analysis, and reporting of risk to Portfolio Management and internal and external oversight bodies.

Role Details

The role of the Investment Risk - Senior Risk Analyst focuses on the assessment, control, and governance of investment risks taken within commingled investment vehicles (funds and ETFs) and separately managed accounts. The role focuses on market, counterparty credit and liquidity risk while also taking into account other risks the product or its investors may be exposed to.

As a Senior Risk Analyst, you will:

Conduct risk monitoring and analysis on a set of portfolios for varying mandate types (active, passive, liquid alternative) with broad underlying exposure types (fixed income, equity, commodity, derivatives).
Produce, analyze, and report Value-at-Risk, Tracking Error, Liquidity Ratios, Transaction Costs, and other strategy specific risk metrics.
Support the maintenance of risk data.
Contribute to special projects related to risk framework or other identified risk issues.
Contribute to the enhancements of risk tools and framework.
Prepare Investment Risk materials to be presented at oversight committees.
Support the preparation of Fund Board materials on the various risk programs.
Support due diligence of external sub-advisors to qualitatively assess risk management processes.
Document risk processes, methodologies, and risk assessments.

We are looking for:

University degree, preferably in Mathematics / Statistics / Quantitative Finance, or similar background.
Minimum of 2 years of proven experience in financial industry (Risk Management, Portfolio Management, Valuation, Vendor of Risk Analytics).
Experience with analytical models for financial instruments.
Experience in process design & implementation is considered a plus.
Experience with risk systems and models from vendors is considered a plus.
Strong knowledge of financial instruments including related analytics and risk factors.
Strong analytical (quantitative and qualitative) and communication skills.
Working knowledge of MS Word, Excel, PowerPoint.
Programming skills (e.g. Python) as well as database usage (SQL).
Interest in working in an international environment with excellent command of English language.
Proactive mindset to propose improvements and new solutions.
Knowledge about regulatory frameworks for asset managers and different portfolio management strategies is considered a plus.

What we'll offer you:

At DWS we're serious about diversity, equity and creating an inclusive culture where colleagues can be themselves and it's important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS, you'll have access to a range of benefits which you can choose from to create a personalized plan unique to your lifestyle. Whether you're interested in healthcare, company perks, or are thinking about your retirement plan, there's something for everyone.

The salary range for this position in New York City is $83,000 to $137,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Some of our core benefits:

Competitive Salary and Matched 401K Savings Plan.
Generous Paid Time Away plus Bank Holidays.
Physical and Mental Health Well-Being benefits including (but not limited to) Health & Life Insurance Plans and the support of trained Mental Health First Aiders.
Family friendly benefits including generous parental leave packages (supporting all variations of family set-ups), to healthcare plans and travel insurance.
The opportunity to support our CSR strategy which is focused on combatting climate change & achieving greater social justice. You can make donations to our partnered organizations or take part in corporate volunteering opportunities in your local communities by providing on hand support.