pDWS- Investment Risk Manager (Alternatives) ESG (m/f/d) brbrJob ID:R0194003 br Listed: 18.09.2024 brbrRegular/Temporary: Regular brbrLocation: Luxemburg brbrPosition OverviewbrbrJob DescriptionbrDWS Group (DWS) is one of the world's leading asset managers with EUR 928bn of assets under management (as of December 2021). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.brbrRisk is the independent risk oversight function of DWS, working closely with Portfolio Management, Trading and other support and control functions. The Chief Risk Office (CRO) within DWS is an independent function responsible for protecting the business as well as being a trusted advisor and partner for supporting sustainable growth. The Investment Risk as part of CRO has team members in Frankfurt, Berlin, Luxembourg, London, New York, Zurich and Hong Kong.brbrDWS wants to innovate and shape the future of investing: with staff from 35 nationalities, speaking more than 75 languages rooted in 22 countries, we are local while being one global team.brbrAs a Risk Manager or a Senior Risk Manager, 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 focus on ESG/sustainability risks for illiquid investments and private debt investments. 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.brbrAdvantages of the RolebrThe opportunity to work on a global risk management team provides the following benefits to a suitable candidate:br * Work in a rapidly changing and entrepreneurial business environment across a highly diversified and expanding product offeringbr * Influence risk management framework design and implementation for illiquid alternatives productsbr * Interact with DWS regional Portfolio and Product ManagementbrbrGeneral Dutiesbr * Review and assess the setup of sustainability risk / adverse impact related due diligence methodologies, scoring cards and rating methodologies as implemented for the illiquid alternative asset classesbr * Develop and implement sustainability risk / adverse impact related indicators, measurement methods and risk profiling processes for illiquid alternative asset classes.br * Contribute to the integration of Climate Risk and Sustainability Risk in the Risk Management Framework for illiquid Investment Strategiesbr * Evolve risk models and procedures to adapt to new local laws and regulationsbr * Conduct periodic portfolio reviews, model validation, policy update, procedure enhancement and risk reportingbr * Represent Investment Risk in regional forabrbrCore CompetencesbrA suitable candidate has the following core competencies:br * Previous experience with ESG related risk assessments and methodologies for illiquid alternative assets - covering both aspects of double materiality br * Sound knowledge of core risk management concepts, asset management and the regulatory frameworkbr * Strong interpersonal skills and ability to communicate complex topics proactively and effectively facilitating decision makingbr * Strong team player, pro-active attitude, and high level of initiativebrbrQualificationsbr * Advanced degree in Economics, Finance or Quantitative fieldsbr * Minimum 5 years of experience in the asset management industry, preferably in a risk management or front-office rolebr * Technical knowledge of financial markets, valuation methodologies and risk models (e.g., DCF, Multiple Approach, VaR, and stress testing)br * Understanding of key drivers of alternative asset classes with a focus on infrastructure and real estatebr * High motivation, ability to be multi-tasking, innovative approach to problem solvingbr * Industry certifications are a plus (e.g., CFA, FRM, CAIA) brWir streben eine Unternehmenskultur an, in der wir gemeinsam jeden Tag das Beste geben. Dazu gehören verantwortungsvolles Handeln, wirtschaftliches Denken, Initiative ergreifen und zielgerichtete Zusammenarbeit.brGemeinsam teilen und feiern wir die Erfolge unserer Mitarbeiter*innen. Gemeinsam sind wir die Deutsche Bank Gruppe.brbrWir begrüßen Bewerbungen von allen Menschen und fördern ein positives, faires und integratives Arbeitsumfeld/p