Job Description:
Employer: DWS Group

Title: APAC Chief Risk Officer

Location: Hong Kong

Job Code: #LI-ZL1 #LI-04

About DWS:
Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That’s why we are ‘Investors for a new now’.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

This is your chance to invest in your future.

Read more about DWS and who we are here.

Your responsibilities

As our Regional Chief Risk Officer (RCRO), you will:
1. The Regional Chief Risk Officer (RCRO) is primarily responsible for:

Ensuring measurement, aggregation and monitoring of corporate and fiduciary risks undertaken by DWS Investments entities across APAC, including Hong Kong, Singapore, Australia, Japan, Taiwan, and Korea

Ensuring implementation and compliance with relevant regulation, policies, and procedures

Managing risks and risk controls in the region within the parameters of DWS Group risk management framework

Reporting on risk taking and remediating risk-management deficiencies in a timely manner

2. Oversight Tasks

Implement and assess the corporate and fiduciary framework for the region in conjunction with the Global Risk Management Framework

Oversee the resolution of risk management internal/external/regulatory findings

Oversee the risk management program including Functional Risk Officers (Financial and Non-Financial Risk Type owners and Controllers)

Enable appropriate engagement between DWS and DB AG Risk functions at Group and Regional levels

Serve as the DWS escalation point for issues with services received or required from Group Risk

Manage risks and risk controls for the DWS, including overseeing their monitoring and testing

Be accountable for delivery of remediating actions owned by DWS Risk

Ensure the required expertise of Risk Management staff and the adequate independence of the function in the region

3. Responsibilities

Define and maintain the risk management program for DWS in APAC

Implement and ensures compliance with the risk management policies and procedures

Report risks and risk-management deficiencies of DWS in APAC, and resolve such deficiencies in a timely manner

Regularly inform the Global Chief Risk Officer and Senior Management including the DWS in APAC Boards regarding the nature of and changes to material risks undertaken by DWS in APAC, including risk-management deficiencies and emerging risks for the respective entity

Interact with regional regulators and facilitate the regulatory review process to ensure DWS risk management framework is compliant with regional regulations

Review strategies, policies and procedures established by DWS senior management for managing liquidity and financial risk

Review and approve new products & business initiatives and evaluate their impact on risk profile

Support strategic and capital planning, risk identification and control assessments

Support DWS and DB Group leaders with defining key risk objectives and appetites for their respective areas

Promote the adoption of Risk Culture

Collaborate with other control functions to manage regulatory risk issues and responses

We are looking for

Advanced degree in economics, finance, or a quantitative discipline

In-depth knowledge of risk frameworks and regulation for asset managers

Sound understanding of financial markets, instruments, and associated risk factors

Knowledge of investment strategies and related processes

Ability to work in partnership with all areas of DWS

Strong communication skills

Excellent written and spoken English; German & Chinese are considered a plus

What we’ll offer you:
At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves and it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded. At DWS you’ll have access to a range of benefits including, but not limited, to the below:

A hybrid working model, allowing for in-office / work from home flexibility, comprehensive leave policy, personal and volunteer days

Competitive compensation packages including health and wellbeing benefits

Access to best in class trainings, in role development and career progression opportunities

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview, or providing assistance when at the DWS office. This will not affect your application and our recruitment team will discuss options with you
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Full-time