Jacksonville, Florida

Position Overview

Job Title: Senior Regulatory Control Advisor

Location: Jacksonville, FL

Business Description

DWS Group (DWS) is one of the world's leading asset managers with EUR 859bn of assets under management (as of June 2021). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be 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 strategic investment approach.

DWS wants to innovate and shape the future of investing: with staff from 35 nationalities, speaking more than 75 languages rooted in 22 countries, we are local while being one global team.

Overview

The Senior Regulatory Control Advisor is responsible for establishing and maintaining control frameworks designed to manage Foreign Account Tax Compliance Act (FATCA), Common Reporting Standard (CRS) and to support Illiquid Operations. The Senior Regulatory Control Advisor implements operational processes related to FATCA, CRS and Illiquid Operations. The Senior Regulatory Control Advisor is in regular interaction with the front office where required as part of their process or in assisting with specific Level 1 FATCA, CRS or Illiquid Operations advice. The Senior Regulatory Control Advisor works with subject matter experts and other teams from across the function and proactively develops and maintains consultative working relationships with internal stakeholders.

What We Offer You:
  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office
  • Active engagement with the local community through DWS's specialized employee groups
  • An environment that encourages networking and collaboration across functions and businesses


Your Key Responsibilities:
  • Entity Classification & Registration - oversee FATCA/CRS classification process for new DWS entities, collect required details, and liaise with LEDM Team for FATCA GIIN where applicable; Entity Reconciliation - liaise with Tax Operations and LEDM Team to ensure final reporting is completed prior to de-registering closed entities and run cross functional/divisional programs to ensure DWS Americas meets regulatory expectations
  • FATCA/CRS Compliance Control Framework - ensure compliance to the FATCA and CRS Compliance Control Frameworks, perform periodic reviews of DWS LOBs to ensure compliance with FATCA/CRS requirements; FATCA Periodic Certification - provide DWS FATCA Responsible Officer periodic review evidence, results, and remediation for all DWS entities deemed in-scope for FATCA to support Periodic Certification to the IRS
  • Illiquid Operations - experience in Alternatives Investment Fund regimes (fund structures, asset classes); advanced knowledge of US investment fund laws and governance topics. Cover compliance relevant topics and ensure a proper and robust governance around the fund vehicles/investment structures; this contains the regular monitoring of Errors & Breaches with existing policies, conflict of interests, and support of the Business with regards to investigations of the Internal Audit function in both the investigation phase and in mitigation of audit findings
  • Onboarding - maintain FATCA/CRS-compliant client onboarding process across DWS LOBs, collect monthly on-boarding MI on client documentation status, FATCA classification of undocumented accounts, respective aging, and approved exceptions, monitor US-sourced payments subject to withholding for undocumented accounts, oversee Change in Circumstance of clients to ensure that classification is kept up to date
  • Withholding & Reporting - monitor application of FATCA withholding and remittance to the IRS, monitor compliance to withholding and account reporting requirements to local regulators and IRS, ensure identification of FATCA reportable clients, and perform account reporting
  • Third Party Service Providers - Manage vendor population for FATCA compliance responsibility, including on-boarding, due diligence, withholding & reporting; monitor vendor adherence to the Bank's TPSP Control Framework and monitor attestation from vendors based on the Bank's policy, and maintain TPSP Matrix which captures details of TPs engaged across AM entities and their compliance with FATCA/CRS


Your Skills and Experience:
  • Strong knowledge of the asset management industry, US laws, rules and regulations
  • Tax/Compliance/Regulatory background is preferred
  • Work closely with key stakeholders include Finance, Legal, Risk, Compliance, Product, etc. to ensure key deliverables and initiatives across the region are met
  • Excellent Microsoft skills (especially Word and Excel); Project management skills are a plus
  • Good organizational skills and ability to effectively prioritize work, demonstrating flexibility when handling multiple tasks and timely decision making


How You'll Lead
  • Ability to learn/delve into new topics/initiatives and synthesize complicated information into comprehensive overviews/summaries/project plans
  • Ability to multi-task and work under pressure while adhering to internal policies and procedure
  • Professional and articulate; excellent interpersonal skills and well-developed oral and written communication skills


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.

Click here to find out more about diversity and inclusion.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: \"EEO is the Law poster\" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

Jacksonville, Florida

Our vision

We aspire to be the leading client-centric global universal bank

We serve shareholders best by putting our clients first and by building a global network of balanced businesses underpinned by strong capital and liquidity.

We value our German roots and remain dedicated to our global presence.

We commit to a culture that aligns risks and rewards, attracts and develops talented individuals, fosters teamwork and partnership and is sensitive to the society in which we operate.

Our values and beliefs

Integrity

  • We live by the highest standards of integrity in everything we say and do
  • We will do what is right – not just what is allowed
  • We communicate openly; we invite, provide and respect challenging views

Sustainable Performance

  • We drive value for shareholders by putting long-term success over short-term gain
  • We encourage entrepreneurial spirit which responsibly balances risk and returns
  • We pursue lasting performance by developing, nurturing and investing in the best talent and by managing based on merit

Client Centricity

  • We earn our clients’ trust by placing them at the core of our organization
  • We deliver true value by understanding and serving our clients’ needs best
  • We strive to pursue mutually beneficial client relationships in which the value created is shared fairly

Innovation

  • We foster innovation by valuing intellectual curiosity in our people
  • We enable our clients’ success by constantly seeking suitable solutions to their problems
  • We continuously improve our processes and platforms by embracing new and better ways of doing things

Discipline

  • We protect the firm’s resources by always thinking and acting like owners
  • We live by the rules and hold ourselves accountable to deliver on our promises – no excuses
  • We achieve operational excellence by striving to ‘get it right the first time’

Partnership

  • We build diverse teams to generate better ideas and reach more balanced decisions
  • We put the common goals of the firm before ‘silo’ loyalty by trusting, respecting and working with each other
  • We act as responsible partners with all our stakeholders and regulators, and in serving the wider interests of society

Our brand

Deutsche is clear: we are here to perform – in business and beyond. We do this with a unique mix of passion and precision. This measured approach gives us the confidence to enable agile minds to look beyond the obvious, gaining advantage for everyone we work with.

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