Job Title: DWS AFC & Compliance Team
Corporate Title: NCT
Location: Pune, India
About DWS AFC & Compliance
- As part of the DWS Chief Administration Office (CAO), the Compliance and Anti-Financial Crime (AFC) Advisory team provide business line support throughout the organization. It aims to protect DWS's license to operate by promoting and enforcing adherence with laws, regulations, rules, expectations of regulators, the standards of self-regulatory organizations in connection with the Group' s regulated activities and driving a culture of compliance and ethical conduct.
- Among other responsibilities DWS AFC & Compliance is responsible for the lifecycle of regulatory change and management of the associated risk.
- The team manages the process around the assessment of regulatory change and the impact those changes have on DWS, its business or infrastructure functions.
- Additionally on Employee Compliance topic, the team manages the advisory of employees, monitoring of personal trades and approval out Outside Business Interest and Private Investment Transactions.
- DWS AFC & Compliance are also responsible to operate Trade and E-Com Surveillance Systems to adhere to laws and regulations .
Role Description
- DWS Compliance will perform a high-level applicability analysis of new and changed regulations to ascertain which business divisions may be impacted. The relevant regulatory updates will be communicated to these divisions to determine whether the regulatory change is applicable for their function.
- Monitoring of the respective implementation status refers solely to the progress of implementation itself, not the correct / adequate implementation. This decision continues to lie with the business divisions as process-owners, where Compliance may serve in its advisory function. Compliance has the discretion to perform Second Line of Defense controls. Compliances monitoring task contributes to Compliances reporting responsibility to the DWS Executive Board.
Your key responsibilities
- Identification of new or changes of existing rules and regulations in scope
- Analyzing, Filtering and preparing the required content by using a vendor system (CUBE) to create awareness within the DWS regulatory changes and challenging functions to ensure regulatory adherence is maintained.
- Perform a high-level applicability analysis of new and changed regulations to ascertain which business divisions may be impacted. The relevant regulatory updates will be communicated to these divisions to opine on whether the regulatory change is applicable for their function.
- The candidate may also be asked to cover Regulatory Reporting tasks including the maintenance of the Regulatory Reporting Inventory and the production of monthly MI.
- Monitoring of the respective implementation status refers solely to the progress of implementation itself, not the correct / adequate implementation.
Your skills and experience
Education and Experience:
- Post-graduate or international equivalent experience.
- Degree in either a financial/ (real estate) economic / accountancy related subject.
- Prior relevant work experience of 2-3 years.
- Proficient in MS Office (Advanced Excel) and general fluency in IT applications.
- Very strong analytical skills.
- Excellent English skills.
- Good knowledge of another European language (e.g. French, Spanish, Italian, Polish) would also be an advantage.
Competencies:
- Highly motivated and self-sufficient, with a strong willingness to take on new challenges.
- Strong communication skills (written and verbal) with strict attention to detail.
- Diligent and able to manage multiple conflicting deliverables under strict deadlines.
- Comfortable in a numerical technical environment and with the general mathematical concepts of finance.
- Ability to work independently and as part of the team.
- High level of comfort in dealing with different local offices in Europe, APAC and the US.
