About DWS

At DWS, we’re capturing the opportunities of tomorrow. You can be part of a leading, client-committed, global Asset Manager, making an impact on individuals, communities, and the world.

Join us on our journey, and you can shape our transformation by working side by side with industry thought-leaders and gaining new and diverse perspectives. You can share ideas and be yourself, whilst driving innovative and sustainable solutions that influence markets and behaviors for the better.

Every day brings the opportunity to discover a new now, and here at DWS, you’ll be supported as you overcome challenges and reach your ambitions. This is your chance to lead an extraordinary career and invest in your future.

Read more about DWS and who we are here.

Division overview

The DWS Control Office (DCO) is the central business function mandated to design an effective framework of business processes and controls in collaboration with the DWS business units and enabling functions. The activities of the DCO spans across the entire DWS value chain, including all product groups, business processes and regions.

Role Details:

We are seeking an experienced Senior Control Officer to join our Control Office within the Coverage and Compliance team, responsible amongst others for designing and implementing appropriate oversight of the DWS Sanctions Compliance Program. The successful candidate will support and drive various tasks and projects within the team, including defining sanctions MI/metrics for reporting, managing governance, and conducting risk assessments.

As a Senior Control Officer your tasks will include:

• DWS Sanctions Compliance Program Oversight:
• Design and implement appropriate oversight of the DWS Sanctions Compliance Program.
• Define Sanctions MI/Metrics for reporting to understand the sanctions risk exposure and the effectiveness of controls.
• Define metrics, owners, frequency, and reporting requirements.
• Governance and Training:
• Manage and maintain governance for the DWS Sanctions Compliance Program, KODs, and training documents.
• Ensure all DWS business lines, AFC/Compliance, and other stakeholders are aligned with the program's objectives.
• Financial Crime Risk Assessment:
• Conduct Financial Crime Risk Assessments in collaboration with assessment units, risk type controllers, and BCOs.
• Identify and assess potential risks, and develop mitigation strategies to manage those risks.
• Risk & Control Assessment:
• Conduct Risk & Control Assessments for AFC-related risk types, in collaboration with risk managing units, risk type controllers, and BCOs.
• Identify and assess potential risks, and develop mitigation strategies to manage those risks.
• Evaluate the effectiveness of controls and recommend improvements to increase control effectiveness.

The candidate will support the Senior Team Lead in ad-hoc requests and provide back-up where needed. Additionally, he will build and manage stakeholder relationships to ensure optimal information flow and cooperation to identify and address existing and emerging risks. By doing so, he will help ensure that operational risk events are properly managed and mitigated, and that the organization is able to effectively address any risks that may arise.

Requirements and Preferred Qualifications:

• Bachelor's degree in a relevant field (e.g., Finance, Law, Compliance, Risk Management).
• Experience in asset management, banking or financial industry.
• At least 5 years of experience in AFC, Compliance, Operational Risk Management, or a related field. In-depth knowledge of sanctions regulations and anti-financial crime (AFC) principles is considered a plus
• Knowledge of DB Group's policies, procedures, and systems is considered a plus
• Strong analytical and problem-solving skills with the ability to identify and assess risks.
• Excellent communication and interpersonal skills, with the ability to collaborate with various stakeholders.
• Proficient in Microsoft Office (PowerPoint, Excel) and other relevant software.
• Strong written and verbal communication skills in English and German.

What we’ll offer you:

Without the ambitions of our people, our achievements wouldn’t be possible. 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 which you can choose from to create a personalised plan unique to your lifestyle. Whether you’re interested in healthcare, company perks or are thinking about your retirement plan, there’s something for everyone.

DWS’ current Hybrid Working model is designed to find the balance between in-person collaboration & engagement in the office, which is core to our working culture, whilst still remaining focused on supporting our employees with flexibility. We are committed to support flexible and hybrid working agreements across the globe. Depending on the location or role you are applying for, the split between working in the office and at home will be discussed and made clear as part of your application and interview process.

We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.

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 us 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 your recruitment team will discuss options with you.