Senior AFC & Compliance Officer

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

Job Description

Job Description:
Employer: DWS Group
Title: Senior AFC & Compliance Officer - Alternatives
Location: Chicago

About DWS:
DWS Group (DWS) is one of the world's leading asset managers with EUR 833bn of assets under management (as of 30 June 2022). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management - as well as our deep environmental, social and governance focus - complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.

DWS wants to innovate and shape the future of investing: with approximately 3,500 employees in offices all over the world, we are local while being one global team. We are investors - entrusted to build the best foundation for our clients' future.

Overview
DWS continues its journey as a publicly listed asset manager since its IPO and is in the process of establishing its own infrastructure and corporate functions, including AFC & Compliance. Within the CAO Division of DWS, The Business Line Compliance team is responsible for providing regulatory advice to their relevant business areas. They support the specific business area in accordance with respective processes and evaluate the adequacy and effectiveness of internal controls relating to risks within those areas. They focus on all non-financial risk categories of the stakeholders and have a deep knowledge of their coverage areas.

The Senior Compliance Officer will support the Illiquids Alternative business lines in the Americas and provide guidance relating to Illiquid products including Direct Real Estate, Infrastructure Debt and Private Credit.

Your Key Responsibilities:
The Senior Compliance Officer will support our culture of compliance while supporting our mission of helping DWS grow and service our clients. In addition, the Senior Compliance Officer will:

Provide guidance, advice and support to the Alternatives business as they execute their strategy.

Develop compliance policies and procedures to ensure compliance with federal securities laws, including the Investment Advisers Act of 1940, Investment Company Act of 1940 and Commodity Exchange Act.

Maintain current expertise on the regulatory environment and industry practice; provide advice to the business on the implementation of new regulations.

Ensure that any compliance issues or concerns are appropriately escalated, evaluated, investigated, and addressed in a timely manner.

Review and approve new product offerings to ensure compliance with applicable policies and procedures and regulatory requirements, as well as, identify and log any conflicts of interests.

Conduct the annual risk assessment of the business's controls relating to compliance owned risk types.

Monitor business owned controls and administer independent compliance controls to demonstrate compliance with firm policies and federal securities laws.

Work closely with the senior management team in DWS Compliance on various global and regional projects and initiatives including, but not limited to, implementation of regulatory requirements; annual compliance and ad hoc training sessions; and coordination of the annual risk assessment process.

Lead department-wide initiatives to ensure that best practices are shared and implemented within Business Line Compliance globally and across the business lines.

Support the business in developing appropriate controls and procedures to mitigate business and product specific risks.

Your Skills & Experience:

7+ years of investment advisory compliance experience; expertise in Alternatives products including direct real estate, private credit and infrastructure products preferred.

Minimum bachelor's degree in business, finance or related field required; JD or other advanced degree preferred.

Previous relevant legal or compliance experience with knowledge of the Investment Advisers Act of 1940, Investment Company Act of 1940 and other regulations applicable to investment management operations.

Ability to work effectively in a global environment, leveraging and sharing best practices and insights of Legal and Compliance colleagues globally.

Strong strategic, problem solving and analytical... For full info follow application link.

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