Due Diligence Implementation Analyst (KYC)
Deutsche Bank · Luxembourg · 13d ago
Job Description:
Employer: DWS Group
Title: Analyst - Due Diligence Implementation (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
In accordance with Anti-Money Laundering Requirements, Banks are obliged to perform Know-your-client (“KYC”) reviews on all new and existing clients. These checks and reviews are made in strict accordance with regulatory standards and jurisdictions and the bank’s internal policies.
The KYC Analyst assists the bank’s clients, managing all KYC and account opening requirements with appropriate governance and controls. They operate in an environment of strict adherence to Standard Operating procedures (SOP’s) and Operation Level Agreements (OLA’s) to achieve accurate and timely account opening of retail clients.
The project involves verification of the Client data, performing due diligence checks on the Clients, reviewing KYC documentation, performing the risk assessment of the Client, liaising with the Business/Compliance, advising on KYC requirements, signing off on new client adoptions and support the onboarding of retail clients investing in savings products offered under Germany's new Private Pension Reform framework.
Your responsibilities:
We are seeking a highly motivated CDD/KYC Analyst to support the onboarding of retail clients investing in savings products offered under Germany's new Private Pension Reform framework. The role will focus on the execution of customer due diligence activities, including Identity and Verification (ID&V) checks, Name List Screening (NLS) alert handling, processing of high-risk cases and the timely onboarding of new clients.
In addition to ongoing operational processing responsibilities, this position will play a key role during the implementation phase of the new onboarding model. The successful candidate will:
As our Analyst - Due Diligence Implementation (KYC), you will:
Support the go-live of new processes and help stabilize operations during ramp-up
Responsible for verification of Client data
Perform due diligence of new and existing Retail clients
Verifying KYC documentation of the Clients to be adopted/reviewed
Perform the risk assessment of the Client to be adopted/reviewed
Signing off on new client adoptions and Regular reviews
Manage New Client Adoption or Regular Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the bank’s internal policies
Manage exception ensuring that all SLA’s defined with the Business on timeliness and quality are adhered
Preparing timely reports and MIS for various stakeholders.
Contribute to process improvements
Ensure a high-quality customer experience while maintaining
Contribute to process improvements
Ensure a high-quality customer experience while maintaining compliance with regulatory expectations
We are looking for:
AML/KYC Expertise - Strong understanding of Client Due Diligence, customer onboarding, Identity & Verification (ID&V), sanctions screening, and regulatory requirements applicable to retail clients
Analytical & Investigative Skills - Ability to assess customer information, investigate Name List
Screening (NLS) alerts, identify potential risks, and make well-supported decisions
Operational Excellence & Attention to Detail - Proven ability to process high volumes of cases accurately while maintaining compliance, auditability, and service level commitments
Change & Process Implementation Capability - Experience supporting process rollouts, go-live activities, operational stabilisation, and continuous improvement initiatives in a regulated environment
Microsoft Office skills, especially Excel, Word, and PowerPoint
Communication & Stakeholder Management - Strong written and verbal communication skills, with the ability to collaborate effectively with other teams, such as Anti Financial Crime,
Technology, and external service providers in both German and English
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.
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.