Employer:           DWS Group

Title:                    Risk Manager

Location:             Seoul

Job Code:            #LI-ZL1 #LI-03

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.

Team / division overview

The APAC Risk Team is in charge of establishing a robust risk management framework for the DWS Product Platform across risk types and businesses to ensure regulatory compliance across all its jurisdictions, to challenge and guide the business to ultimately meeting the fiduciary duty as well as safeguarding DWS and its reputation. The team defines principles and robust governance for products, including monitoring and escalation procedures, risk model maintenance and model enhancements, product’s risk profile as well as drafting & reviewing related policies and procedures.

Role Details

As a Risk Manager, you will be responsible for: 

• Execution lead on DWS South Korea risk strategy (official Risk Manager) covering all relevant types of risk like e.g. Investment (both liquid and alternatives products), Non-Financial, Financial and Sustainability Risk by establishing / maintaining a robust risk management framework for DWS South Korea across risk types and businesses 

• Ensure that Risk Management Policies and Processes of DWS South Korea are aligned with the established regulatory & control environment 

• Management of projects in line with DWS Risk’s functional requirements in close collaboration with other functions – both, within the Risk Department as well as other functions such as Investment Division, Compliance and Product Management 

• Support & lead the development of governance, related systems and tools, operationalize risk limitation, measurement, monitoring and escalation processes for new products & businesses 

• Support decision-making and approval processes around risk’s taken on behalf of DWS South Korea and on behalf of client portfolios 

• Contribute to the development and maintenance of other risk type-specific governance frameworks considering client-specific and regulatory requirements 

• Pre- and post-trade investment check: manage & maintain the local systems i.e., AITAS to ensure the investment guidelines of local securities investment trust funds and mandate accounts are in compliance with applicable laws and regulations as well as client requirements, including the coding and updates of investment guidelines & stock pool from time to time. 

• Assessments of investment targets on their profile with respect to credit quality, adherence to ESG standards as well as the impact of physical climate change and climate transition to their business model 

• Develop and establish concepts & processes to integrate Sustainability/Climate/Political Factors into the Risk Management Framework across all dimensions – Corporate Risk Management as well as Investment Risk Management 

• Develop the company's Sustainability Risk strategy and/or related business plan 

• Valuation Risk – maintain a consistent, robust, and reliable asset valuation governance process including regular reporting 

We are looking for 

• Qualified risk manager under the Act on Corporate Governance of Financial Companies with relevant expertise and Minimum 10 years of relevant working experience in financial institutions preferably in an international Asset Management firm

• University degree, preferably with a focus on Statistics / Finance / Engineering, or similar 

• Relevant certifications like CFA or FRM are considered a plus 

• Strong knowledge of financial instruments, related risk factors and analytics to create investment strategies and investment processes across asset classes and ability to identify sources of risk 

• Hands on experience with local regulatory frameworks governing financial companies in Korea including the Act on Corporate Governance pf Financial Companies and other relevant laws 

• Deep Understanding of internal control mechanisms and compliance standards for establishing and maintaining effective risk management policies and procedures 

• Strong interpersonal skills as the role requires constant interaction with other individuals across the business (portfolio managers, business management, compliance) and externally (clients, regulators) 

• Ability to work independently and as a strong team player 

• Excellent command of English & Korean language (reading, writing and speaking) required

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