Job Title - Senior Risk Analyst

Location – Pune, India

Role Description:

Risk Methodology is a quantitative profession path responsible for the detailed research, implementation, testing, calibration, and documentation of the Group's risk management models. Work includes:
• Preparation of documentation for new models and model changes
• Performance of statistical analysis to develop risk models
• Creation of detailed methodology documentation
• Test model components to ensure they perform as intended and are appropriate for the intended business purpose
• Perform on-going model performance reviews, including research into data quality, market data and mapping rules. Risk methodology role holders will either code the model algorithms themselves or specify the functional requirements for a third party to implement. DWS Group (DWS) is one of the world's leading asset managers with EUR 841bn of assets under management (as of 31 March 2024). 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. 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
• Producing quantitative analysis to support the team in development, documentation, and maintenance of DWS models (both in-house and vendor), based on regulatory guidance, internal policy and procedures and best industry practice
• Document DWS models (including in-house and vendor models)
• Engage with 2LoD during validations answering their queries and ensuring that 2LoD has the right engagement during validation activities
• Working closely with Investment teams on topics including model assumptions and limitations to ensure models remain fit for purpose
• Execute ongoing model performance monitoring Your skills and experience
• Strong quantitative finance skills gained through education, internships or professional experience using quantitative tools such as Python, C++, R, Matlab
• Sound theoretical and practical finance knowledge across asset classes such as FX, Rates, Commodities, Equities
• Good understanding of valuation methods, capital markets, portfolio theory and risk management
• Strong verbal and written communications skills, with experience of producing reports/technical documentation related to financial topics
• Educated to degree level in a quantitative field such physics, mathematics, statistics, economics or engineering, or with relevant industry experience 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.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides