DWS Senior Risk Analyst – Model Validation

Deutsche Bank; Maharashtra; Vor Ort; INR 1.200.000 - 2.100.000; Vollzeit

Benefits dieser Stelle

Training & development

Coaching from experts

Flexible benefits

Zusammenfassung

DWS Group in Pune, India, seeks a DWS Senior Risk Analyst – Model Validation to join our Risk Platform. You will validate both in-house and vendor models, communicate findings, and help ensure models meet regulatory and internal standards.

The role emphasizes teamwork, model understanding, and guidance to junior staff. Ideal candidates bring deep quantitative risk expertise, strong Python/C++ skills, and a postgraduate quantitative degree, with experience across FX, rates, and equities risk

Qualifikationen

• Postgraduate degree in a quantitative field or equivalent industry experience.
• Experience in validating or developing valuation or risk models.
• Strong programming skills in Python or C++, with SQL knowledge.

Aufgaben

• Conduct model validations on DWS models, both in-house and vendor models, per regulatory guidance and internal policy.
• Communicate findings and recommendations to model owners and prepare validation reports.
• Collaborate with teams on model assumptions and limitations to ensure fitness for purpose.
• Review ongoing monitoring reports and document corrective actions with stakeholders.
• Build benchmark models and design backtesting methodologies for validation.
• Provide guidance to junior members of the model validation team.

Kenntnisse

Quantitative risk management

Model validation

Programming: Python

Programming: C++

SQL

Risk management

Ausbildung

Postgraduate degree in quantitative field

Tools

SAS

MATLAB

R

Jobbeschreibung

Job Title: DWS Senior Risk Analyst – Model Validation

Corporate Title: Associate

Location: Pune, India

• DWS Group (DWS) is one of the world's leading asset managers with EUR 1190 bn of assets under management (as of 30 June 2026). Building on more than 70 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 London and India with a focus around validating, testing and overseeing the usage of models related to Corporate Risk, Fiduciary and Investment Risk for Liquid and Illiquid investment strategies.

Position Overview

Job Title: DWS Senior Risk Analyst – Model Validation

Corporate Title: Associate

Location: Pune, India

Role Description

• DWS Group (DWS) is one of the world's leading asset managers with EUR 1190 bn of assets under management (as of 30 June 2026). Building on more than 70 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 London and India with a focus around validating, testing and overseeing the usage of models related to Corporate Risk, Fiduciary 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

• Conducting model validations on the DWS models, both in-house and vendor models, based on regulatory guidance, internal policy and procedures and best industry practice and communicate findings and recommendations to model owners and prepare the model validation reports.
• Working closely with various teams on topics including model assumptions and limitations to ensure models remains fit for purpose.
• Carry out independent model reviews on complex topics in accordance with business needs and regulatory requirements.
• Review ongoing model monitoring reports, finding closures, identify potential model risk and document the findings to key stakeholders while evaluating the corrective actions.
• Building benchmark models used across the model validation team, design backtesting or other methodologies to test the conceptual soundness of model assumptions.
• Provide guidance to junior members of the model validation team.

Your Skills And Experience

• Strong experience in quantitative risk management, model validation or model development from across the Investments, Consulting or Banking industry with sound experience of validating or developing valuation or risk models across asset classes such as FX, Rates and Equities.
• Educated to post-graduate degree level in a quantitative field such physics, mathematics, statistics, economics or engineering, or with relevant industry experience / professional qualification.
• Strong quantitative skills across programming languages such as R, SQL, C++, SAS, Python, MATLAB. Expertise in at least one of Python or C++ is essential.
• Solid understanding of valuation methods, capital markets, portfolio theory and risk management
• Excellent verbal and written communications skills -- previous experience of writing either technical documentation related to model validation or development or independent peer-reviewed research articles.

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgement to ensure responsible and ethical use of data and AI outputs.

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:

https://www.db.com/company/company.html

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.