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 behaviours 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.

Team / 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 and includes:

• Determining business risk profile for different product groups, business processes, regions or DWS group as a whole,
• Leading the business units through the execution of business risk and control assessment processes,
• Providing transparency to DWS Executive Board and Senior Management on weaknesses in DWS’ control environment and required remediating actions,
• Designing and implementing an effective framework to analyse and implement business processes and business controls,
• Leading and/or overseeing central remediation initiatives with the aim of improving DWS’s business processes and control environment.

Role Details  

This specific role is to act as Process Management / EPM Regulatory & Optimization lead reporting to the Head of DWS Enterprise Process Management.

The Functional role title for this role is Senior Business Control Officer.

Objective of EPM (Enterprise Process Management) practice is to support DWS divisions in building a holistic Business Process Management function, including the management of related controls as well as other infrastructure artifacts. The DWS Controls Management framework, which is closely connected to the EPM framework, aims to guide the DWS Divisions in identifying control needs as well as to develop, maintain and track the effectiveness of controls linked to the business processes.

Within that team, the EPM Regulatory & Optimization lead focuses on designing and implementing evolutions to the framework (new requirements, regulations, proposing conceptual improvements) and define a Process Optimization framework and methodology for the company.

The EPM Regulatory & Optimization lead works alongside the EPM Platform and Governance lead, who ensures the technology platform underlying the EPM and Control Environment is robust and provides advanced reporting & modeling capabilities, and runs the regular recertification processes (incl. certifying completeness) for the DWS Process Inventory.

As a Regulatory & Optimization lead you will (be):

• Support the development, implementation, maintenance and continuous improvement of the DWS EPM framework, in particular the approach to fulfil regulatory requirements and define process criticality
• Steer processes and activities in relation to identification of processes weaknesses and process improvements aimed to address such weaknesses,
• Oversee DWS divisions in identification and assessment of process risks,
• Coordinate with regulatory initiatives and internal projects (including e.g. Enterprise Data Management, Operational Resilience) with respect to consistent process identification and criticality assessment activities,
• In collaboration with the 2nd line of defence, oversee the design and implementation of controls management framework to ensure consistency with process management activities.
• Develop a Process Optimization framework / methodology and toolkit to be used by Divisions to improve their processes
• Provide insights to the organization (divisional COOs, Executive and Supervisory Board) on potential for improvement and improvement initiatives to launch.

We are looking for 

• University degree – ideally in Finance, Economics, Business Administration, Mathematics or equivalent
• At least 5 years’ experience in banking and/or asset management, preferrable in Process Management, Business Architecture and/or Control Management related activities
• Profound domain knowledge in the Asset Management / Banking industry, in particular with respect to regulatory frameworks and industry standards
• Excellent communication skills to effectively communicate with internal and external stakeholders (to Senior Management / Regulators)
• BPMN 2.0 or other BPM / Operational excellence certification are considered a plus
• Direct and/ or indirect experience in operational risk management or controls management in either 1st or 2nd Line of Defense are considered a plus
• Proficient in MS PowerPoint, Excel, and Word as well as a relevant Business Process Management Tools
• Strong written and verbal communication skills in English

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.

Some of our core benefits: 

• Physical and Mental Health Well-Being benefits including (but not limited to) Statutory Health Insurance (BKK), sickness benefit allowance and support helplines for employees
• Family friendly benefits including generous parental leave packages (supporting all variations of family set-ups) and support in finding childcare options including DWS’s own kindergarten service
• A wide selection of pension plans, Personal Budget Accounts to enable sabbaticals or early retirement and capital-forming benefits
• The opportunity to support our CSR strategy which is focused on combatting climate change & achieving greater social justice. You can make donations to our partnered organisations or take part in corporate volunteering opportunities in your local communities by providing on hand support.
• Mobility services, such as a subsidized Germany ticket and offers for company cars and JobRad

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. 

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