DWS - Investment Risk Manager (m/f/d) - Alternatives Credit Europe

Job ID:R0323800Full/Part-Time: Full-timeRegular/Temporary: RegularListed: 2024-03-15Location: Luxemburg

Position Overview

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.

Team / division overview

As a Risk Manager or a Senior Risk Analyst, depending on the relevant working experience, you will be responsible for the assessment, control and governance of investment risks taken within illiquid alternative funds and separately managed accounts, with a focus on private debt products. In your role, you will oversee market, counterparty, credit, and liquidity risks including ESG/sustainability risk factors. You will be instrumental in advancing the risk management framework while supporting growth initiatives within a focus region for the firm.

The opportunity to work on a global risk management team provides the following benefits to a suitable candidate:

• Work in a rapidly changing and entrepreneurial business environment across a highly diversified and expanding product offering
• Influence risk management framework design and implementation for illiquid alternatives products
• Develop a broad understanding of DWS investment strategies, their risks, and mitigating controls
• Interact with DWS regional Portfolio and Product Management

Role Details

As a Risk Manager/Senior Risk Analyst, you will

• Perform risk & valuation analyses on portfolio holdings for varying funds/mandates across illiquid alternative within an experienced team covering private debt products, including RE debt, infrastructure debt and corporate debt.
• Contribute to the integration of Climate Risk and Sustainability Risk in the Risk Management Framework for illiquid Investment Strategies
• Evolve risk models and procedures to adapt to new local laws and regulations
• Conduct periodic portfolio reviews, model validations, policy updates, procedure enhancement and risk reporting
• Represent Investment Risk in regional fora

We are looking for

• (Advanced) degree in Economics, Finance or Quantitative fields
• Minimum 5 years of experience in the asset management industry, preferably in a risk management or front-office role
• Experience with illiquid asset underwriting and risk assessment
• Technical knowledge of financial markets, valuation methodologies and risk models (e.g., DCF, Multiple Approach, VaR, and stress testing)
• Knowledge of debt markets and pricing concepts, preferably with experience in debt origination or credit analysis
• Sound knowledge of core risk management concepts, asset management and the regulatory framework with a focus on Luxembourg
• Understanding of key drivers of alternative asset classes with a focus on debt markets
• High motivation, ability to be multi-tasking, innovative approach to problem solving
• Strong interpersonal skills and ability to communicate complex topics proactively and effectively facilitating decision making
• Strong team player, pro-active attitude, and high level of initiative
• Industry certifications are a plus (e.g., CFA, FRM, CAIA)

What we’ll offer you

At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves sand 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 personalised 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.

DWS’ Hybrid Working model is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home. Each business group varies on the split between time spent in the office and at home, but this will be discussed and made clear as part of your application and interview process. We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview, or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you.

The successful candidate will be asked to present a recent version of the criminal record.

Job Code: #LI-DW1 #LI-02

Unsere Werte bestimmen das Arbeitsumfeld, welches wir schaffen möchten – vielfältig, wertschätzend und offen für verschiedene Meinungen. Nur eine Unternehmenskultur, die eine Vielzahl von Perspektiven, sowie kulturellen und gesellschaftlichen Hintergründen vereint, fördert Innovation. Wir setzen auf vielfältige Teams, in welchen die Menschen ihr volles Potential entfalten können – denn das Zusammenführen verschiedener Talente und Ideen spielt eine entscheidende Rolle für den geschäftlichen Erfolg der Deutschen Bank.

Unsere Unternehmenskultur setzt hohe ethische Standards und fördert ein gutes Miteinander. Unabhängig von kulturellem Hintergrund, Nationalität, ethnischer Zugehörigkeit, geschlechtlicher und sexueller Identität, körperlichen Fähigkeiten, Religion und Generation freuen wir uns über Bewerbungen talentierter Menschen.

Sprechen Sie uns an: Wir bieten flexible Arbeitszeitmodelle und weitere Zusatzleistungen, um Sie in Ihrem Berufsleben zu unterstützen.

Besuchen Sie Inside Deutsche Bank, um mehr über die Kultur der Deutschen Bank zu erfahren, einschließlich unserer Aktivitäten zu Vielfalt, Chancengleichheit und Teilhabe, unserer Führungskultur, unseren Aktivitäten zur Zukunft der Arbeit und vieles mehr.