Senior Compliance Testing Officer

Employer: DWS Group

Title: Senior Compliance Testing Officer

Location: New York

Job Code: #LI-MB1 #LI-02

About DWS:

Today, markets face a whole new set of pressures - but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We're looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That's why we are 'Investors for a new now'.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients' financial future. And in return, we'll give you the support and platform to develop new skills, make an impact and work alongside some of the industry's greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

Team / Division Overview

The DWS Anti-financial Crime (AFC) and Compliance Testing team, part of the AFC and Compliance Department, conducts reviews to evaluate the firm's compliance with applicable laws and regulations and to help ensure that control gaps are adequately escalated and mitigated through remedial actions.

The Senior Compliance Testing Officer will support the Americas Head of AFC and Compliance Testing in leading reviews, tests, and branch inspections designed to provide assurance that the internal control framework is effective in mitigating AFC and Compliance risk within DWS in the Americas Region.

Role Details

As a Senior Compliance Testing Officer you will be responsible for:

• Leading AFC and Compliance reviews in order to assess and review compliance with legal, regulatory, and internal firm policy requirements applicable to DWS products and services in the Americas.

• Developing testing modules and conduct testing across all DWS Americas business activities to evaluate adherence to regulatory requirements.

• Building and maintaining effective relationships with business line leadership, business line AFC and Compliance, Operations groups, Internal Audit, Testing peers in Deutsche Bank, and other stakeholders and partners throughout the region.

• Supporting the development of a testing universe and review plans based on the results of the annual AFC and compliance risk assessment, ensuring the review plan addresses regulatory priorities and that reviews are designed to meet applicable regulatory guidance.

• Utilising subject matter expertise with respect to applicable regulatory requirements to ensure testing is adequately designed to identify potential control gaps and non-compliance with laws and regulations.

• Identifying AFC and Compliance risks inherent in a business or process and assess whether the control framework in place is effectively managing these risks.

• Determining the root cause of issues and guide the development of effective remediation plans to mitigate the risks.

• Preparing reports to DWS leadership and senior management detailing review findings and recommendations. Periodically report on significant activities conducted and planned for the upcoming period.

• Ensuring that all findings and recommendations are entered into the appropriate issue tracking system for managing corrective actions effectively and performing follow-up and final validation to ensure proper resolution.

• Meeting with senior management in AFC and Compliance, lines of business, and other stakeholders to provide overview of significant risks and control gaps.

We are looking for:

• Proven knowledge of regulations governing financial institutions including the BSA, USA PATRIOT Act, sanctions, and financial services rules and regulations of the FRB, FINRA, SEC, NFA, and CFTC etc.

• Proven financial services experience, with exposure to asset management related products and services such as broker dealer, investment advisory, fixed income, and equities.

• Proven expertise in AFC and Compliance Testing or Internal Audit within a large complex financial services organization.

• Strong business writing experience and expertise, including policy and procedures.

• Expertise in interpreting various laws, regulations, policies, and developing testing strategies to assess.

• Excellent interpersonal and communication skills and experience with the ability to interact effectively with internal and external stakeholders, including regulators and senior management.

• Strong analytical and investigative, critical thinking skills including the ability to identify the root cause of issues.

• Proven ability to manage multiple compliance reviews and projects at the same time and meet quality standards and deadlines.

• Educated to graduate degree level or with relevant industry experience.

What we'll offer you:

At DWS we're serious about diversity, equity and creating an inclusive culture where colleagues can be themselves sand 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 personalized 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.

The salary range for this position in New York is $117,000 to $206,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

At DWS, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

DWS' Hybrid Working model is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home. Each business group varies on the split between time spent in the office and at home, but this 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 them 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.

Privacy Statement

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

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act;Employee Polygraph Protection ActandPay Transparency Nondiscrimination Provision.