DWS - Vendor Governance Specialist - AVP

Manila City, Metro Manila
Permanent
Full-time

1 month ago

Job Description: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 excellent in Germany, Europe, the Americas and Asia. DWS is recognised by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplinesDWS 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 Procurement. Third Party Management (TPM) is a fundamental pillar of DWS Procurement. You will report to TPM Program and Business Engagement Lead and provide end to end TPRM process support to divisional Service Relationship Owners during risk assessment and lifecycle management process.This is your chance to invest in your future.Your Key Responsibilities:

Maintain and update the central repository, ensuring data completeness and consistency across all regulatory data fields.
Work towards automating data collection to improve efficiency, reducing manual outreach to Service Relationship Owners (SROs) to obtain missing information.
Implement and oversee control checks to validate the accuracy and integrity of data, conducting sample checks
Collect and deliver regulated Legal Entity (LE) reporting requirements
Design an LE engagement model aligned with MaRisk requirements for effective interaction with group legal entities.
Define minimum control standards in line with MaRisk and other relevant regulatory requirements.
Identify and implement enhancements to the existing outsourcing framework, ensuring continuous alignment with regulatory expectations and risk appetite.
Monitor and assess regulatory developments, including EBA, MaRisk, SSNF, Singapore MAS, and initiate necessary updates to outsourcing processes and controls.
Develop Key Operating Documents (KOD) to support standardisation and governance and make continued enhancements to the existing Target Operating Model.
Track and manage open audit findings and self-identified issues, ensuring that target due dates are met and remediation actions are completed in a timely manner.
Create and maintain a services report format that meets regulatory requirements, ensuring consistency and compliance across all legal entities.

Key Skills & Experience

Proven experience in outsourcing governance, Third Party Risk Management, or regulatory compliance within a
financial services or regulated environment.
Strong knowledge of regulatory frameworks such as MaRisk, EBA Guidelines, SSNF, and MAS outsourcing regulations would be advantageous.
Proven ability to manage data processes, ensure data integrity, and implement automation tools to drive efficiencies.
Strong analytical and problem-solving skills with a keen eye for identifying gaps and implementing process improvements.
Excellent stakeholder management skills with experience engaging senior leaders, legal entities, and regulatory bodies.
Ability to define and implement control frameworks to enhance governance and regulatory compliance.
Strong reporting and documentation skills, with experience in legal entity reporting and regulatory submissions.
Proficiency in data management tools, Excel, and automation technologies would be advantageous.

What we’ll offer you:
At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves 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 including, but not limited, to the below:

A hybrid working model, allowing for in-office / work from home flexibility, comprehensive leave policy, personal and volunteer days.
Competitive compensation packages including health and wellbeing benefits.
Access to best in class trainings, in role development and career progression opportunities.

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 our recruitment team will discuss options with you.#LI-HybridWe 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.

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