Head of Enterprise Risk Management London, England
Job description
Job Title: Head of Enterprise Risk Management
Location: London/Frankfurt
DWS Group (DWS) is one of the world's leading asset managers with EUR 833bn of assets under management (as of 30 September 2022). Building on more than 60 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.
As a Head for Enterprise Risk, you will focus on the assessment and governance of enterprise risks taken by the firm, with a focus on the holistic identification and analysis of emerging risks. In your role, you will evaluate firm wide risks on an aggregate basis and to align this across the firm, formalize the firm’s risk strategy and policy (Risk Appetite Statement), and be instrumental in developing, maintaining, and advancing the Risk Management Framework.
What we’ll offer you:
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre. You can expect:
- Competitive salary and non-contributory pension
- 30 days’ holiday plus bank holidays, with the option to purchase additional days
- Life Assurance and Private Healthcare for you and your family
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
- The opportunity to support a wide-ranging CSR programme + 2 days’ volunteering leave per year
Your key responsibilities:
- Be accountable for the maintenance and enhancement of DWS Risk Inventory, Risk Taxonomy, and Assessment Grid
- Support the update and enhancement of DWS Risk Management Framework
- Develop Enterprise Risk Management objectives, strategies and policies that establish the framework to achieve successful risk identification and management
- Design and implement the Risk Identification procedures meeting Enterprise-wide Risk Identification standards
- Ensure the Risk Appetite Statement (RAS) is a) accurate; b) reflective of material risks across the business; and c) appropriate governance processes are implemented and managed to ensure the RAS remains up to date and addresses risks as they emerge
- Work with the Heads of Corporate and Fiduciary Risk types to ensure the integration and escalation of material risks to & for scenario planning and capital planning
- Provide insights on emerging risks and industry trends to senior management
- Own reporting of corporate risk informing Executive Management and other key stakeholders by providing insight into risk exposures and the performance against risk appetite which will facilitate decision making discussions at relevant management and governance committees
- Gatekeeper for all regulatory changes impacting DWS Risk and working with the Heads of the respective Risk types to a) assess the change and understand its impact; b) confirm the implementation of actions necessary to give effect to the changes in policies and procedures; and c) ensure effective communication of the changes/impacts with all relevant stakeholders
- Be accountable for and/or direct respective Subject Matter Experts (SMEs) with regard to Internal Capital Risk Identification and Scenario Design across different regulatory regimes
Your skills and experience:
- Advanced degree in Finance, Economics, or the like. Relevant experience in the financial services industry, preferably in risk management or asset management
- Strong fundamental understanding of the asset management business and technical knowledge of financial markets, products, and processes
- Deep understanding of Risk Management frameworks with a focus on Corporate Financial Risks (Market, Credit, Liquidity) and Non-Financial Risk Types
- Detail oriented with strong analytical skills, with ability to explain complex concepts
- Exceptional project management skills, with the ability to manage and analyse large amounts of data and execute against tight deadlines
- Excellent writing and communication skills
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
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
