Employer: DWS Group
Title: Senior Client Due Diligence Analyst - Transactional Due Diligence (KYC)
Location: Luxembourg
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.
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.
Team / division overview:
The position is a permanent role supporting DWS Alternative Asset Management in the execution of AML Due Diligence (KYC) reviews. Reporting to the Team Manager Client Due Diligence – Transactional Due Diligence.
Your responsibilities:
As our Senior Client Due Diligence Analyst - Transactional Due Diligence (KYC), you will:
Acting as a Subject Matter Expert (SME) for AML Due Diligence reviews across the Alternatives/Private Markets investment platform, including Real Estate, Infrastructure, Private Equity, and Private Credit.
Conducting AML Due Diligence reviews on new and existing Alternatives transactions, investment structures and Fund service providers.
Performing AML Due Diligence activities, including verification of contracting party information, review of AML/KYC documentation, execution of risk assessments, liaison with Business and Anti-Financial Crime (AFC) stakeholders, advising on KYC requirements, and approval of transactions prior to execution.
Supporting change initiatives related to KYC and Sanctions & Embargoes, including procedural enhancements and system developments within the KYC framework.
Monitoring and reporting issues, risks, and progress in a timely manner.
Managing escalations and coordinating with relevant second-line control functions, as appropriate.
We are looking for:
Strong knowledge of end-to-end KYC and client onboarding processes, including a thorough understanding of Control, Compliance, and Investigation functions within the financial services industry.
Ability to leverage subject matter expertise to drive improvements in operational processes, contribute to process enhancements, and effectively transfer knowledge to colleagues.
Experience within Financial Services, preferably in banking or asset management. Exposure to alternative investment management and investment transaction processes, particularly across Real Estate, Infrastructure, Private Equity, and Private Credit, would be advantageous.
Familiarity with AML/KYC regulations and relevant industry guidance, including AMLR, CSSF requirements, and the German Money Laundering Act (GwG).
Excellent verbal and written communication skills.
Ability to communicate effectively with senior stakeholders.
Ability to work independently and deliver against defined project milestones.
University degree or equivalent qualification;
CAMS certification or a comparable professional qualification is desirable.
English, German language skills are considered as a plus
Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
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 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.
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
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
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.
Skills Required
- Strong knowledge of end-to-end KYC and client onboarding processes
- Understanding of control, compliance, and investigation functions within financial services
- Financial services experience, preferably in banking or asset management
- Familiarity with AML/KYC regulations and industry guidance, including AMLR and CSSF requirements
- Excellent verbal and written communication skills
- Ability to communicate effectively with senior stakeholders
- Ability to work independently and deliver against project milestones
- University degree or equivalent qualification
- Experience with alternative investment management and investment transaction processes
- Exposure to Real Estate, Infrastructure, Private Equity, and Private Credit
- Knowledge of the German Money Laundering Act (GwG)
- CAMS certification or comparable professional qualification
- English and German language skills
- Proven ability to use AI tools responsibly to improve productivity and workflows
What We Do
DWS Group (DWS) with EUR 933bn of assets under management (as of 30 June 2024) aspires to be one of the world's leading asset managers. 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 liquid and illiquid asset classes as well as 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, giving strategic guidance to our investment approach. DWS wants to innovate and shape the future of investing. We understand that, both as a corporate as well as a trusted advisor to our clients, we have a crucial role in helping to navigate the transition to a more sustainable future. With approximately 4,500 employees in offices all over the world, we are local while being one global team. We are committed to acting on behalf of our clients and investing with their best interests at heart so that they can reach their financial goals, no matter what the future holds. With our entrepreneurial, collaborative spirit, we work every day to deliver outstanding investment results, in both good and challenging times to build the best foundation for our clients’ financial future.
