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Deutsche Bank

Americas Head of Alternatives Investment Risk - Real Estate

Deutsche Bank, New York, New York, us, 10261


Job Description:

Employer:

DWS Group

Title:

Americas Head of Alternatives Investment Risk - Real Estate

Location:

New York

Job Code: #LI-MB1 #LI-04

About DWS:

DWS Group (DWS) is one of the world's leading asset managers. Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized 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.

DWS wants to innovate and shape the future of investing: with approximately 3,900 employees in offices all over the world, we are local while being one global team. We are investors - entrusted to build the best foundation for our clients' future.

Overview

Risk is the independent risk oversight function of DWS, working closely with Portfolio Management, Trading and other support and control functions. The Chief Risk Office (CRO) within DWS is an independent function responsible for protecting the business as well as being a trusted advisor and partner for supporting sustainable growth. The Investment Risk as part of CRO has team members in Frankfurt, Berlin, Luxembourg, New York, Zurich and Hong Kong.

As an Investment Risk Team Lead you will focus on the assessment, control and governance of investment risks taken within illiquid alternative funds and separately managed accounts, with a focus on real estate-, infrastructure-, private equity- and private debt investments. In your role you will oversee market, -counterparty, credit, and liquidity risks including ESG/sustainability risk factors. You will be instrumental in advancing the risk management framework while supporting growth initiatives within a focus region for the firm.

Advantages of the Role:

The opportunity to work in a global risk management department provides the following benefits to a suitable candidate:

Further develop risk management framework design and implementation for real estate, infrastructure, and private equity productsDevelop a broad understanding of DWS illiquid alternative investment strategies, their risks, and mitigating controlsSignificant engagement with DWS Portfolio and Product ManagementYour Key Responsibilities:

Enhance risk management framework and develop risk indicators to identify, assess and monitor riskPerform risk and valuation analyses on a range of illiquid assets with a particular focus on Real Estate (Equity and Debt)Conduct periodic portfolio reviews, policy update, procedure enhancement and risk reportingContribute to the integration of Climate Risk and Sustainability Risk in the Risk Management Framework for illiquid Investment StrategiesEstablish and manage relationships with relevant stakeholders including researchers, portfolio managers and product specialistsRepresent the Investment Risk Team in DWSManage and coach junior team membersYour Skills & Experience:

Extensive experience in the asset management industry, preferably in a front-office (research or portfolio management) or risk management roleAdvanced degree in Economics, Finance or Quantitative fieldsTechnical knowledge of financial markets, valuation methodologies and risk models (e.g., DCF, Multiple Approach, VaR, and stress testing)Industry certifications are a plus (e.g., CFA, FRM, CAIA)Previous experience at recruiting and managing resourcesRelevant experience with illiquid asset underwriting and risk assessment, with a major focus across Real Estate (Equity and Debt)Previous exposure to the asset management business, core risk management concepts, and regulatory frameworksBusiness acumen and strong communication skillsWhat 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 center. You can expect:

Competitive Salary and Matched 401K Savings PlanGenerous Paid Time Away plus Bank HolidaysHealth and Life Insurance Plans for you and your familyWork/Life Balance Programs including Adoption/Surrogacy/Infertility Assistance, Backup Care through Bright Horizons, Phase Back to Work and Support for New MothersA range of flexible benefits including Retail Discounts, Commuter Discounts and Gym benefitsThe opportunity to support wide-ranging volunteer programs, + 1 day volunteering leave per year, matched personal donations to non-profit organizations dollar-for-dollar, up to $5,000How we'll support you:

Training and development to help you excel in your careerFlexible working to assist you balance your personal prioritiesCoaching and support from experts in your teamExpectations

It is DWS's expectation that employees hired into this role will work in the New York office in accordance with the firm's hybrid working model.

DWS provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $138,000-$230,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

DWS Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision

Privacy Statement

The California Consumer Privacy Act outlines how companies can use personal information. Click here to view DWS' Privacy Notice.

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.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .

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