DWS Sr Risk Analyst - Model Validation

Deutsche Bank; Pune District; In loco; INR 1.200.000 - 2.000.000; Tempo pieno

Vantaggi offerti da questo lavoro

Leave policy

Parental leave

Childcare benefits

Certifications sponsorship

EAP

Health insurance

Life insurance

Health screening

Descrizione del lavoro

DWS Group in Pune, India is seeking a Senior Risk Analyst - Model Validation to lead the validation of in-house and vendor models within the Risk framework. You will work with cross-functional teams to assess model assumptions, prepare validation reports, and ensure models are fit for purpose.

The role requires strong quantitative skills and programming proficiency, with opportunities to mentor juniors. Experience across FX, Rates, and Equities is valued, and collaboration with global teams is

Competenze

• Postgraduate degree in a quantitative field or equivalent experience.
• 5+ years in risk management, model validation or development.
• Experience validating models across asset classes (FX, Rates, Equities).
• Strong programming in Python or C++.
• Excellent written and verbal communication skills.

Mansioni

• Conduct model validations on DWS models (in-house and vendor) per regulatory guidance and report findings to model owners.
• Collaborate with teams on model assumptions to ensure fitness for purpose.
• Carry out independent model reviews on complex topics per business needs and regulatory requirements.
• Review model monitoring reports, identify risk, and document findings for stakeholders.
• Build benchmark models and design backtesting or other methods to test model soundness.
• Mentor junior model validation team members.

Conoscenze

Quantitative risk

Model validation

Model development

Python

C++

SQL

Communication

Formazione

PG degree in quantitative

Strumenti

R

SAS

MATLAB

SQL

Descrizione del lavoro

Job Summary

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. 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 judgment 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.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.