Risk Analyst/Senior Risk Analyst Model Governance

Job Description

Job Title: Risk Analyst/Senior Risk Analyst Model Governance 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 New York, London and Frankfurt with a focus around validating, testing and overseeing the usage of models related to Corporate Risk (liquidity/economic capital) and Investment Risk for Liquid and Illiquid investment strategies. Your key responsibilities: As a Risk Analyst/Senior Risk Analyst you will: Contribute to the enhancement of DWS model risk appetite and management framework definition Engage model owners/users/developers for the collation and ongoing maintenance of the DWS Model Inventory Support the management the model approval process, administration for initial use approval, subsequent approvals, and model change oversight Implement model risk governance processes including model risk assessment and reporting thereon to relevant governance forums Interact with internal/external audit on model risk management topics. Compile and distribute model governance forum materials Coordinate with Model Validation for the firms models; define validation priorities for both in-house and vendor models, based on regulatory guidance, internal policy and procedures and best industry practice Work with technology partners to design and roll out the firms strategic model inventory and workflow solution Review validation findings, recommendations, and reports, while tracking and reporting of model findings and remediation status Your skills and experience: We are looking for:Strong experience in Model Governance and/or Model Risk ManagementStrong knowledge of Model Risk regulatory requirements and industry standard practiceExceptional interpersonal skills and ability to collaborate successfully.Proven success as a trusted partner who implements change and positively influences change adoption by end usersEducated to degree level in a financial related discipline or with relevant professional experience How we'll support you Training and development to help you excel in your career Flexible working to assist you balance your personal priorities Coaching and support from experts in your team A culture of continuous learning to aid progression