Fund Administration Analyst

at DEUTSCHE BANK SECURITIES INC. dba Deutsche Bank in Chicago, Illinois, United States

Job Description

Job Description:
Employer: DWS Group
Title: Fund Administration Analyst
Location: Chicago, IL
Job Code: #LI-SL1 #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.

This is your chance to invest in your future.

Read more about DWS and who we are

Team / Division Overview
Transfer Agency services for certain products are outsourced to several vendors and is managed by the DWS Transfer Agency Business Management (TABM) group. As a vendor liaison, your responsibilities in performing oversight will ensure the vendors manage the business needs as dictated by contractual arrangements, DWS Management, other DWS business leaders, and regulations governing various investment products. You will primarily focus on oversight of operational activities of DWS mutual fund products serviced by a key vendor.

Role Details

As an Analyst, you will be responsible for the following (not a complete list):

Monitor, track, and report on service delivery and performance outlined in the vendor service agreement (service level agreements), deliver results regularly to management and peers, and communicate expectations to the vendor in order to ensure excellent service to our shareholders

Randomly sample transactions for quality each month. Address any issues or concerns with TA vendor in the early stages to correct situation and avoid any long-term challenges.

Review weekly vendor performance reports identifying items in need of escalation or input. Escalate any issues as necessary with vendor and appropriate DWS management

Lead effort to respond to requests made by legal, compliance, internal/external auditors, regulators, and other entities tasked with obtaining data and evidence of existing controls and that they are properly designed and working effectively

Assist with shepherding critical vendors through internal third-party risk management process

Participate in annual vendor due diligence meetings helping coordinate all aspects of meeting to ensure all corporate objectives are met

Coordinate annual review and update of departmental processes and procedures providing feedback, suggestions, and recommendations for changes as necessary to ensure efficiencies and cost preventative measures are implemented

Develop strong working relationships with outsourced vendor and internal contacts

Perform periodic process reviews of department/functions at the outsourced transfer agency with a focus on strengths, weaknesses, opportunities, and threats.

Facilitate system access and removal of access to outsourced transfer agent.

Perform other oversight functions as requested

Promote efficiencies, cost savings, and service enhancements by recommending necessary process improvements when applicable

Assist in senior management and board reporting when necessary

Your Skills and Experience:

Three to five years financial services experience

Experience with Transfer Agency Operations is a plus

Strong interpersonal and communication skills

Must be detail-oriented and have an analytical mindset

Be able to manage multiple tasks/projects concurrently and quickly adjust priorities to ensure all deadlines are met fully and accurately

Interact with managers, peers, vendors and other internal clients in a tactful, constructive, cooperative and enthusiastic manner

Self-motivated and enthusiastic team player who is proactive and ability to work independently as well as work with others in a fast paced, dynamic, deadline driven environment.

Execute tactically on a day-to-day basis

Expertise with Microsoft Office applications

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... For full info follow application link.

Deutsche Bank is an Equal Opportunity Employer - Veterans/Disabled and other protected categories.