Front Office Quantitative Risk Manager/ Model Owner Deutsche Bank

3.0 - 7.0 years

0 Lacs

maharashtra

On-site

As a Front Office Quantitative Risk Manager/Model Owner at DWS, a publicly listed asset management division of Deutsche Bank, you will be responsible for conducting thorough validations of quantitative models, including financial, statistical, and predictive models. Your primary role involves collaborating closely with investment teams to identify model limitations, assumptions, and potential issues. Additionally, you will liaise with the independent model risk management team to ensure effective model validation activities. Your key responsibilities will also include maintaining comprehensive documentation for all models, such as validation reports, policies, and procedures in alignment with regulatory guidelines, internal policies, and industry best practices. It is essential to keep a record of model changes and version control, and assist in the development and implementation of model governance policies and procedures to enhance model risk management practices. Monitoring model performance, contributing to ongoing model surveillance, and reporting on model drift, validation findings, and recommended actions will be integral parts of your role. To excel in this position, you are required to possess a Bachelor's degree in a quantitative field (e.g., Finance, Mathematics, Statistics, Economics, Engineering) and have three to five years of relevant experience in risk management, model risk management, model validation, or a related role. An advanced degree (Masters or Ph.D), CFA, FRM, or any industry-relevant certifications will be advantageous. Your strong understanding of financial instruments, mathematical modeling, statistical analysis, and relevant programming languages like Python, C++, R, or Matlab will be essential for success in this role. Additionally, proficiency in valuation methods, capital markets, portfolio theory, risk, and return attribution models is expected. As part of the DWS team, you will benefit from best-in-class leave policies, gender-neutral parental leaves, childcare assistance benefits, sponsorship for industry-relevant certifications and education, Employee Assistance Program, comprehensive insurance coverage, health screening, training, coaching, and a culture of continuous learning to support your career growth and development. Embrace the opportunity to work collaboratively, think commercially, and excel in a positive, fair, and inclusive work environment at DWS, where together, we strive for excellence every day.,

Posted 3 days ago

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