Job Description
Job Description: Employer: DWS Group Title: AFC Compliance Officer (AFC & Compliance Officer) Location: New York City Job Code: #LI-LV2 #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.
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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.
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Read more about DWS and who we are here.
Team / Division Overview DWS Group is committed to the highest standards of Anti-Money Laundering (AML), Sanctions & Embargoes, Anti-Bribery and Corruption (ABC) and Anti-Fraud (collectively referred to as Anti-Financial Crime) prevention. The DWS Management and all employees are required to adhere to these standards to prevent DWS and our reputation from those who may intend to use our products and services for money laundering, bribery, corruption, fraud and/or Terrorist Financing (CTF) purposes.
DWS Group will examine its Anti-Financial Crime (AFC) strategies, goals and objectives on an ongoing basis and maintain an effective program for DWS's business that reflects the best practices for a diversified, global financial services provider.
AFC serves to ensure that DWS acts with integrity and discipline with regards to the legal and regulatory requirements of the Anti-Money Laundering regime. One of its objectives is the reduction of financial crime by being used for money laundering or terrorist financing and having sufficient systems and controls to prevent this.
DWS Americas Business Line AFC, as a second line of defence (2nd LoD) control function, implements all necessary initiatives to be up to standard on mitigating all Anti-Financial Crime risks for the DWS businesses in the region. Hereto the team advises and works with the DWS business to implement appropriate systems and implement controls in compliance with global and divisional procedures to prevent financial crime at DWS Americas. DWS Americas Business Line AFC provides anti-financial crime guidance and support for DWS Legal Entities in the Americas in terms of legal and regulatory requirements or reputational risks regarding DWS clients` activities or transactions.
Role Details As a/an AFC & Compliance officer, you will (be):
- Acting as AFC advisor for DWS including Sanctions & Embargoes
- Main responsibility with regard to rollout of new AML Policies and maintenance of respective guidelines (policies, KOPs, etc.) in DWS
- Support and advisory with regards to the legal entity and product Risk Assessments
- Support in the coordination of internal and external Audits
- Support of Audits (e.g. delivery of documents)
- Development of countermeasures with regard to audit findings
- Tracking of audit findings (i.e. monitoring the remediation of findings)
- Governance and administration of the relevant DWS AML SLAs (in- and outsourcing)
- Compilation and completion of different reports (for example AML annual reports for DWS legal entities, etc.)
- Support in the coordination with DWS Compliance teams regionally and globally as required.
- Support of DWS projects with AML, Sanctions and Embargo and Compliance relevance (Business and AFC)
- Support in regard of New Product Approvals (NPAs)
We are looking for:
- 2-5 years of experience in anti-financial crimes team
- Experience in financial services (preferably in asset management)
- Knowledge of investment management products, e.g. mutual funds, private funds
- AFC qualifications, e.g. ACAMS
- Experience working in Sanctions a major positive
License(s) required:
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 $80,00 to $141,000. 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 renumeration.
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. Click here to view DWS' Privacy Notice.
We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank's Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.
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