Job Description
Job Description:
Job Title: DWS Head of Model Risk Governance
Location: Pune
Role Description:
DWS Group (DWS) is one of the world's leading asset managers with EUR 833bn of assets under management (as of 30 September 2026). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognised 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 investment approach strategically.
The Risk platform is the independent risk oversight function of DWS. Model Risk is part of the Risk function and is designed to provide governance and control to manage a variety of models used in the Firm and associated risks. The Model Risk team works as a global organization with team members in New York, London and Frankfurt with a focus around validating, testing and overseeing the usage of models related to Corporate Risk (liquidity/economic capital) and Investment Risk for Liquid and Illiquid investment strategies.
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:
• Enhancement of DWS model risk appetite and management framework definition
• Streamlining and tailoring of model inventory
• Management of model approval process, administration for initial use approval, subsequent approvals and model change oversight
• Implementation of model risk governance processes including model risk assessment and reporting thereon to relevant governance forums
• Engagement with model owners/users/developers for the collation and ongoing maintenance of the DWS Model Inventory
• Interaction with regulators and internal/external audit on model risk management topics
• Coordination with Model Validation for the firm's models; define validation priorities for both in-house and vendor models, based on regulatory guidance, internal policy and procedures and best industry practice
• Review of validation findings, recommendations and reports, while tracking and reporting of model findings and remediation status
Your skills and experience:
• Relevant experience in Model Governance and/or Model Risk Management
• Strong knowledge of Model Risk regulatory requirements and industry standard practice
• Experience in drafting policy and procedure documentation, and MIS intended for a senior audience that includes senior management, oversight forums and regulators
• Exceptional interpersonal skills and ability to collaborate successfully
• Proven success as a trusted partner who implements change and positively influences change adoption by end users
• Advanced degree in a quantitative or financial discipline
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:
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about our diversity and inclusion policy and initiatives
Job Title: DWS Head of Model Risk Governance
Location: Pune
Role Description:
DWS Group (DWS) is one of the world's leading asset managers with EUR 833bn of assets under management (as of 30 September 2026). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognised 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 investment approach strategically.
The Risk platform is the independent risk oversight function of DWS. Model Risk is part of the Risk function and is designed to provide governance and control to manage a variety of models used in the Firm and associated risks. The Model Risk team works as a global organization with team members in New York, London and Frankfurt with a focus around validating, testing and overseeing the usage of models related to Corporate Risk (liquidity/economic capital) and Investment Risk for Liquid and Illiquid investment strategies.
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:
• Enhancement of DWS model risk appetite and management framework definition
• Streamlining and tailoring of model inventory
• Management of model approval process, administration for initial use approval, subsequent approvals and model change oversight
• Implementation of model risk governance processes including model risk assessment and reporting thereon to relevant governance forums
• Engagement with model owners/users/developers for the collation and ongoing maintenance of the DWS Model Inventory
• Interaction with regulators and internal/external audit on model risk management topics
• Coordination with Model Validation for the firm's models; define validation priorities for both in-house and vendor models, based on regulatory guidance, internal policy and procedures and best industry practice
• Review of validation findings, recommendations and reports, while tracking and reporting of model findings and remediation status
Your skills and experience:
• Relevant experience in Model Governance and/or Model Risk Management
• Strong knowledge of Model Risk regulatory requirements and industry standard practice
• Experience in drafting policy and procedure documentation, and MIS intended for a senior audience that includes senior management, oversight forums and regulators
• Exceptional interpersonal skills and ability to collaborate successfully
• Proven success as a trusted partner who implements change and positively influences change adoption by end users
• Advanced degree in a quantitative or financial discipline
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:
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, ****** orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about our diversity and inclusion policy and initiatives
💡 Quick Summary
Seeking a career-building opportunity? The DWS Head of Model Risk Governance position is now open for candidates interested in the Bank Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
