Financial Risk Analyst

Employer:             DWS Group

Title:                     Financial Risk Analyst

Location:              New York

Jobe 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.

This is your chance to invest in your future.

Read more about DWS and who we are here.

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 taken into account other risks the product or its investors may be exposed to.

As a Financial Risk Analyst, you will be:

• Conducting 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) 

• Producing, analysing, and reporting Value-at-Risk, Tracking Error, Liquidity Ratios, Transaction Costs, and other strategy specific risk metrics

• Supporting the maintenance of risk data

• Contributing to special projects related to risk framework or other identified risk issues

• Contributing to the enhancements of risk tools and framework

• Preparing Investment Risk materials to be presented at oversight committees

• Supporting the preparation of Fund Board materials on the various risk programs

• Supporting due diligence of external sub-advisors to qualitatively assess risk management processes

• Documenting 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 mind-set to propose improvements and new solutions