APAC Chief Risk Officer Transformation Lead

4 weeks ago


Hong Kong, Central and Western District, Hong Kong SAR China Deutsche Bank Full time
Role Summary

We are seeking a skilled APAC Chief Risk Officer to join our team in Hong Kong.

About the Role

The Regional Chief Risk Officer (RCRO) is responsible for ensuring the measurement, aggregation, and monitoring of corporate and fiduciary risks undertaken by DWS Investments entities across APAC. The role involves implementing and complying with relevant regulations, policies, and procedures.

The RCRO will manage risks and risk controls in the region within the parameters of DWS Group's risk management framework. This includes reporting on risk-taking and remediating risk-management deficiencies in a timely manner.

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.
Key Responsibilities
  • Define and maintain the risk management program for DWS in APAC.
  • Implement and ensure 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.
Requirements
  • 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.
What We Offer

We offer a competitive compensation package, including a salary range of $250,000 - $350,000 per annum, comprehensive leave policy, personal and volunteer days, hybrid working model, and access to best-in-class trainings, in-role development, and career progression opportunities.



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