Operations Specialist- Reconciliation- AVP

Employer:              DWS Group Title:                       Operations Specialist- Reconciliation- AVP Location:                Madrid Job Code:              placeholder for LinkedIn job wrapping 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. Read more about DWS and who we are here. Team / division overview The COO Division is a key enabler for DWS and is integral to the future success of the company by delivering world-class services across a set of key functions. It covers essential Technology and Operations capabilities to deliver a platform which is efficient, scalable, resilient and agile. Within Operations, the Reconciliations function plays a critical role in protecting the integrity of our books and records, ensuring breaks are identified, investigated and resolved in a timely, controlled and transparent manner. As AVP – Reconciliation – Operations Specialist, you will help drive the day-to-day execution and ongoing enhancement of these core controls, partnering closely with internal teams, Technology, service providers and external counterparties to strengthen operational resilience, improve efficiency and support the delivery of scalable, risk-focused processes across the platform. As part of this agenda, the successful candidate will be expected to actively contribute to automation, AI-enabled process improvement, data-driven controls and smart workflow design, while ensuring that operational risk, auditability and sound governance remain embedded in everything the team delivers. Your responsibilities – As our Operations Specialist- Reconciliation- AVP you will: Oversee the day-to-day delivery and execution of the Reconciliations function, ensuring cash, position and transaction breaks are identified, investigated, escalated and resolved in a timely, controlled and transparent manner. Review workflows, key operating procedures and reconciliation reports on a regular basis to maintain strong KPIs across process lines, investigate performance breaches and ensure alignment with the Reconciliation Target Operating Model. Serve as a subject matter expert and key escalation point for complex reconciliation and operational issues, leveraging strong product, system and trade lifecycle knowledge to drive root-cause analysis and sustainable remediation. Partner closely with Front Office, Operations, Compliance, Legal, Technology, custodians, clearing houses and counterparties to resolve breaks, manage escalations and support smooth end-to-end operational processing. Drive a robust risk and control environment for Reconciliations by actively monitoring KPIs and KRIs, identifying control gaps, ensuring adherence to bank policies and procedures, and maintaining audit-ready documentation and governance. Identify synergies across processes and teams to improve capacity utilisation, strengthen resilience,