Description
We are seeking an Operations Specialist- Performance Measurement AVP to join our team at DWS Group in Madrid.
As an Operations Specialist- Performance Measurement AVP, you will act as a subject matter expert and perform daily and monthly performance calculations and multi-level attribution, including Brinson, factor-based, equity and fixed income attribution.
Your responsibilities will include:
- Calculating, analysing and delivering monthly performance attribution in coordination with Portfolio Management and other internal teams and stakeholders
- Providing clear analysis of alpha generation, allocation and selection effects, factor contributions and risk-adjusted returns across equity, fixed income and multi-asset portfolios
- Partnering with Portfolio Managers and Client Relationship Managers to explain performance results, investigate material movements and resolve data or methodology-related questions
- Driving enhancements in performance and attribution methodologies, ensuring consistent application across asset classes and alignment with industry standards
- Ensuring performance measurement processes and outputs comply with GIPS standards, internal policies and applicable requirements
- Defining and maintaining procedures, operating processes, controls and documentation in line with functional and industry specifications, and continuously improving their effectiveness and scalability
- Investigating calculation breaks, data-quality issues and attribution anomalies, coordinating remediation across Operations, Investment teams, Technology and data providers
- Contributing to the Smart Middle Office agenda by identifying opportunities to apply AI, machine learning, workflow automation and advanced analytics to performance calculation, validation, commentary generation and exception management
- Translating performance measurement pain points into clear automation or AI use cases, partnering with Technology, transformation teams and operational SMEs to deliver controlled, scalable and measurable solutions
We are looking for candidates with:
- A successfully completed degree in finance, economics, mathematics, business administration or a comparable qualification
- At least five years of professional experience in performance measurement, performance attribution or a closely related asset management function
- Strong practical knowledge of performance calculation and attribution methodologies, including Brinson, factor-based, equity and fixed income attribution; multi-asset experience is advantageous
- Good understanding of GIPS standards and their application within performance measurement processes
- Broad understanding of asset management operations, investment products and the interaction between Investment, Client, Operations, Data and Technology functions
- Experience with platforms and data tools such as Aladdin, State Street StatePro, FactSet or Bloomberg would be a significant advantage
- Professional certifications such as CFA, CIPM or CA are advantageous
- Advanced analytical and structured thinking, with the ability to interpret complex performance results, identify root causes and communicate conclusions clearly
- Fluent written and spoken English; German language skills would be advantageous but are not required
- Strong Excel skills; knowledge of Python, data analytics, automation or AI-enabled tooling is advantageous
- 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
In return, we offer a range of benefits, including a hybrid working model, access to a range of benefits to create a personalised plan unique to your lifestyle, and a culture that values diversity, equity and inclusion.