Assistant Portfolio Management - Senior Operations Analyst

About DWS: Today, markets face a whole new set of pressures – but also a whole lot of opportunity. 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.

Team / division overview: The Global Passive Operations function sits within the COO organization and plays a pivotal role as the operational backbone of the Passive business. We partner closely with Passive Portfolio Management, Product, Capital Markets, Operations, and Technology, ensuring seamless execution, continuous improvement, and operational excellence across the full investment lifecycle. Our team of 30+ professionals is spread across London, Frankfurt, New York, Pune, Bangalore, and Mumbai, offering you daily exposure to diverse perspectives, markets, and cultures.

Role Details: As a Assistant Portfolio Management - Senior Operations Analyst you will be responsible for:

• Provide dedicated operational support to Passive Portfolio Management teams
• Collaborate with external partners such as index providers, valuation agents, and custodians, as well as internal teams across the organization
• Monitor index changes, corporate actions, and portfolio cash flows, ensuring accuracy and timeliness
• Perform performance analysis and prepare regular performance attribution reports
• Monitor portfolio risk exposures in line with internal policies and regulatory standards
• Support clear and timely stakeholder communication, helping resolve issues efficiently
• Contribute to the execution of the global Passive Operations strategy
• Support fund launches, lifecycle events, product initiatives in collaboration with Product and Capital Markets
• Identify opportunities to enhance processes and improve day to day operational workflows

We are looking for:

• A Bachelor’s or Master’s degree in Business, Economics, Finance, Engineering, Mathematics, or a related field (CFA charter holders preferred)
• Up to 3 years of experience in the asset management industry
• A strong interest in and understanding of ETFs and passive investment strategies
• Solid knowledge of equity and fixed‑income instruments, including derivatives
• Advanced Excel skills and strong capability in analysing and presenting complex data
• VBA and Python skills are a plus
• Strong communication skills and the ability to take the initiative to resolve issues
• A structured, analytical mindset with the ability to quickly grasp new topics
• A proactive attitude, curiosity, and the confidence to challenge the status quo
• Strong teamwork skills in a fast paced, international environment
• Fluency in English, both written and spoken

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 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.

• 30 days’ holiday + bank holidays, with the option to purchase additional days
• A non‑contributory pension scheme, up to 10%
• Physical and mental health well‑being benefits including (but not limited to) private medical cover, a complimentary GP service and the support of mental health first aiders
• Family friendly benefits including generous parental leave packages (supporting all variations of family set‑ups), to healthcare plans and travel insurance
• The opportunity to support our CSR strategy which is focused on combatting climate change and achieving greater social justice. You can make donations to our partner organisations or take part in corporate volunteering opportunities in your local communities by providing on hand support.

DWS’ Hybrid Working model in the UK 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. Some business groups may need you to spend more time in the office, but this will be discussed and made clear as part of your application and interview process.

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 your recruitment team will discuss options with you.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.