DWS AFC & Compliance Team (Data Analytics & Monitoring), AVP

Job Description

Job Title

DWS AFC & Compliance Team (Data Analytics & Monitoring)

Location

Mumbai, India

Corporate Title

AVP

Role Description

About DWS

DWS, publicly listed asset management division of Deutsche Bank, is one of the world's leading investment management organizations with assets under management. DWS provides flexible products and solutions to a wide range of investment opportunities across all asset classes – from pooled funds to highly customized portfolios for a wide range of investors and offers individuals and institutions traditional and alternative investments across all major asset classes.

About DWS AFC & Compliance

As part of the DWS Chief Administration Office (CAO), the Compliance and Anti-Financial Crime (AFC) team provides business line support throughout the organisation. 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.

The AFC & Compliance Data Analytics & Monitoring team supports these objectives by providing operational assurance and support to key control areas. Including reviews of in-scope controls to ensure that effectiveness, including the calibration of configurable thresholds and parameters, is maintained over time. Implementing and overseeing the operational execution of Data Management topics for data deemed material to AFC & Compliance processes (Material Data Scope). The team also supports Information Security topics for Compliance applications, working closely with application IATOs, Technology, CISO and application SMEs to ensure adherence to the Information Security requirements.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

Best in class leave policy

Gender neutral parental leaves

100% reimbursement under childcare assistance benefit (gender neutral)

Sponsorship for Industry relevant certifications and education

Employee Assistance Program for you and your family members

Comprehensive Hospitalization Insurance for you and your dependents

Accident and Term life Insurance

Complementary Health screening for 35 yrs. and above

Your key responsibilities

Own and lead Compliance Calibration and Effectiveness control effectiveness reviews across the full review lifecycle, setting the review-specific strategy within the established programme operating framework; determining assurance objectives, evidential requirements, testing and validation approaches; and directing execution through to the delivery of defensible conclusions, proposed control-effectiveness ratings, recommendations where remediation is required, and final review outputs for formal management and stakeholder approval.

Evaluate and determine control effectiveness through rigorous assessment of the relevant risks, control purpose, design, implementation and underlying rationale, applying professional judgement, purposeful enquiry, independent research and critical evaluation.

Define and undertake proportionate control assessment, including determining the purpose, scope, evidential requirements and appropriate testing and analytical approaches; evaluating whether the evidence obtained is sufficient to support the conclusions reached; and maintaining a clear, complete and defensible record of the work performed and judgements reached.

Apply a proactive and solutions-focused approach to resolving review matters, reducing complex topics to their essential components, developing reasoned positions and determining the appropriate route to resolution, progressing matters independently where possible without unnecessary delay, and involving appropriate stakeholders where focused input or decisions are required, with an assessment of the issue and a proposed route forward where possible.

Lead review related stakeholder engagement, applying appropriate challenge to ensure that relevant information, evidence and rationale are complete and adequately supported.

Develop robust, evidence-based review outcomes that clearly substantiate the conclusions and proposed control-effectiveness ratings and, where remediation is required, formulate proportionate recommendations that address the identified weaknesses and define the required outcomes.

Actively manage Compliance Calibration and Effectiveness review and programme delivery, maintaining forward-looking plans; managing timelines, competing priorities, dependencies, risks, issues and decision requirements; identifying emerging delivery risks and implementing timely mitigation or recovery actions; providing transparent communication and escalation; and preparing clear and decision-relevant reporting for governance and senior-management review.

Track programme recommendations and remediation activity and validate whether agreed actions have been implemented effectively and supported by appropriate evidence.

Drive the continuous development and optimisation of the Compliance Calibration and Effectiveness programme, identifying and implementing opportunities to strengthen its design, execution and outcomes, and ensuring that the supporting methodology, documentation and guidance remain effective and fit for purpose.

Support Data Management and Information Security initiatives, taking end-to-end ownership of assigned topics through to completion.

Your skills and experience

Essential Experience, Knowledge and Capabilities

Relevant professional experience in compliance, risk, audit or another related oversight or assurance function, with substantive demonstrable experience in the assessment, testing or oversight of controls or processes.

Strong understanding of control frameworks and assurance principles, supported by the professional judgement required to evaluate risk, control and process design, implementation, s