DWS - Business Control Officer - AVP

Job Title: Business Control Officer (Independent Testing) - AVP

Corporate Title: AVP

Location: Manila, Philippines

About DWS Group

DWS Group (DWS) is one of the world's leading asset managers with EUR 1,010 bn of assets under management (as of 31 March 2025). 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 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.

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 training, 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.

Your key responsibilities

This role will support the CFO DCO office with activities as outlined below:

• Execute comprehensive control evaluations and substantive testing to independently assess the design and effectiveness of controls within the newly established CFO Independent Testing Team
• Partner with business to perform control evaluations, monitoring and testing efforts to identify control gaps as well as opportunities for effectiveness and efficiency improvements. These assessments will include coverage for other regulatory programs including SOX.
• Apply critical thinking skills to substantive testing techniques to thoroughly assess and monitor risks, as well as ensure compliance with firm standards, regulatory requirements, and industry best practices.
• Collaborate with cross-functional teams and stakeholders to support control design and effectiveness.
• Foster collaboration with Compliance and Operational Risk Officers on various engagements. This includes developing detailed test scripts, facilitating issue discussions, participating in business meetings, and drafting comprehensive final reports to ensure alignment and clarity.
• Develop and execute robust control test scripts aimed at identifying control weaknesses, determining root causes, and recommending practical solutions to enhance operational efficiency and control effectiveness.
• Document test steps and results in a comprehensive and organized manner, ensuring sufficient support and justification for testing conclusions. Maintain a high standard of documentation to facilitate transparency and accountability.
• Ensure compliance with internal policies, procedures, and external laws, rules, and regulations, while identifying necessary remediation actions. This includes developing and executing testing procedures, meticulously documenting results, drawing informed conclusions, making actionable recommendations, and distributing detailed compliance testing review reports.
• Support meetings with business owners at various management levels, delivering testing results and supporting sustainable control enhancements. Identify and capitalize on opportunities to strengthen controls and improve operational efficiency.

Your preferred skills and experience

• Bachelor's degree in business administration, finance, or a related field required.
• Demonstrated ability to analyse complex issues, develop and implement risk mitigation strategies, and communicate effectively with senior stakeholders.
• Knowledge of risk management frameworks, regulations, and industry best practices is preferred.
• Auditing or Control Testing experience with current knowledge and understanding of Control testing methodology is preferred.
• Experience developing test scripts, audit programs, or testing templates is an advantage.
• 6+ years in Business Administration, Finance, or related field with relevant experience in control design and testing
• Should possess strong communication skills (written/ spoken)
• Should be able to work with minimal supervision.

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

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.