Private Bank - Relationship Manager, KSA at DEUTSCHE BANK AKTIENGESELLSCHAFT

, , Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

13 Mar, 26

Salary

0.0

Posted On

13 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Relationship Management, Business Development, Client Acquisition, Investment Management, Portfolio Review, AML Compliance, KYC, Financial Analysis, Market Research, Asset Allocation, Communication Skills, Collaboration Skills, Client Orientation, Solution Orientation, Regulatory Knowledge, Professional Integrity

Industry

Financial Services

Description

Job Description: Your Role You as a Relationship Manager are the primary point of contact for clients to access the entire suite of wealth management capabilities and solutions offered by Deutsche Bank Wealth Management. This is achieved by working in close partnership with the Investment Manager (IM) in the day-to-day planning and servicing for the client. You are responsible for acquiring new clients - who are in line with the business proposition of the bank - and assets as well as grow existing business relationships, assuring a holistic and high-standard client experience. Your Key Responsibilities Identify, develop and maintain HNW/UHNW relationships. Increase wallet share/AuM by undertaking a business development, sales or relationship management approach as appropriate. Responsible for the overall Net New Assets creation and revenue generation on the respective books in a scalable and efficient way. Balance client relationship, prospect buiding, investment growth, administrative compliance, personal growth and development on a day-to-day and longer-term basis. Plan and manage resources (time, budget) to run an optimal business. Recommend investment products and services that are suitable for clients based on their objectives, resources, time, horizon, risk profile and preferences. Review client portfolios periodically to ensure the portfolio performance is aligned with clients’ investment objective and risk profile. Partner with IMs in covering clients to discuss/manage financial goals, risk tolerance, research/analyze market conditions, provide bank views of various investment types, recommend asset allocation and provide explanation on how they benefit/hinder investment objectives. Act as the Accountable Client Owner with responsibility for all AML aspects of the client relationship; including KYC and account behavior. Establish and maintain relationships with the management teams and informing management of any circumstances that require supervisory attention/review/approval. Work in close co-operation with other coverage, product and support functions to deliver DB’s value proposition, leveraging also other DB divisions where possible. Actively support the business / growth strategy, plans and values, new products and services, contributing to the achievement of a high performing team. Participate in relevant client social events as well as in PR and other marketing activities. Your Skills and Qualifications Masters degree with a background in Finance preferable Certified Chartered Financial Analyst (CFA) or Master of Business Administration (MBA) is desirable Fluency in English is a prerequisite At least 10-12 years industry experience Excellent communication and collaboration skills Client-oriented, solution-oriented and able to work in a high paced environment under pressure Superior investment acumen and solid network of clients in the target coverage market is required Good understanding of Governing Regulatory Framework Strong Collaboration skills and excellent communication skills with a positive approach Professional integrity Ability to manage resources and allocate them for most effective use Willing and able to develop other staff What we will offer you A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center. You can expect: Life Insurance Accidental Death Insurance Permanent Partial Disability Insurance Private Medical Insurance for you, your spouse and dependent children Flexible working arrangements 30 days of annual paid leave, plus public holiday & Flexible Working Arrangement DB contributions to Employee Workplace Savings "Gosi” plan (for Saudi nationals only) About us and our teams Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do. Deutsche Bank & Diversity 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. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security. More information at: Deutsche Bank Careers (db.com)

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Responsibilities

The Relationship Manager is responsible for acquiring new clients and growing existing relationships while ensuring a high-standard client experience. This includes managing client portfolios, recommending suitable investment products, and collaborating with Investment Managers.