Private Bank - Client Service Executive, Middle East - AVP

Position Overview

Details of the Division and Team:    

Deutsche Bank's Private Bank corporate division combines the bank's expertise in private banking with Postbank corporate division in Germany, the Private and Commercial Bank International and Wealth Management in one.

Deutsche Bank’s Wealth Management business is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management. As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations, we create lasting value for clients. We specialize in developing bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits. All this is possible thanks to our global network, our many years of experience and our close collaboration with the Corporate Bank, Investment Bank and DWS. We aim to become a highly competitive global wealth manager by combining financial strength and stability with trustworthy partnership and forward-thinking in order to build sustainable and beneficial client relationships. As a growth business for Deutsche Bank, we contribute towards building a more balanced, less capital intense and stable business model for the bank.

Your Role

• Provide fundamental support to the Team Head, Relationship Managers (RM), Investment Managers (IM) to assist in the day-to-day business activities in all aspects of client servicing and operational support.

• Act as the primary point of contact for RM and client for all operational requests by liaising with key stakeholders Onshore and Offshore (Cross Border, CLM, Business Management etc)

• Responsible for timely action on requests and issue resolution to meet the client/RM requirements.

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)

Your key responsibilities:

• Handle and respond to RM requests and client queries related but not restricted to account documentation, account balances, account maintenance activity, statement information, general product and/or service information.

• When required, attend client meetings along with RM to provide support to meet client requirements.

• Assist RM in new account opening process – preparation of comprehensive account opening pack for submission to CLM team post client signature. Possess good knowledge for review and preparation of client signed quality packs including Booking Centre documents to be submitted to local CLM team for New Account opening.

• Assist RM in liaising with CLM/AFC/OBS/KYC Review Team for follow up/provide additional information/documentation if requested.

• Follow up on any Booking Centre/Regulatory document deficiencies promptly to help RMs achieve their Key Risk Indicators (KRIs).

• Ensure all operational tasks related to client accounts are completed in a timely manner to ensure satisfactory service levels to clients.

• Ensure timely assistance in input of call reports (provided by RM) and proper record retention of call reports in Group shared folders (protected at all times) wherever applicable.

• Remain current and thorough on operational processes, services and firm’s systems/applications.

• Develop good understanding of the governing regulatory framework and upholding relevant policies/procedures to mitigate risks; ensuring that the Bank is protected.

• Support RMs in performing client after-sales tasks and coordination of marketing events invitations and approvals.

• Where applicable, managing the daily mailing of documentation to the relevant booking centres.

• Fostering strong working relationships across coverage, product and infrastructure divisions.

• Participate in all AM group projects and meetings. Handle any regulatory/non-regulatory projects within the stipulated deadlines.

• Liaise with IT for arranging any Video conference meetings/calls.

• Ensure back-up responsibilities in the absence of other support staff to ensure business continuity.

Your skills and experience:

• Bachelor’s degree or equivalent, Master is a plus

• Fluency in English, Arabic is a plus (written and verbal)

• Minimum 5 years experience in wealth management as assistant or in a sales support role

• Able to manage time and multitask

• Strong inter-personal, communication and consulting skills

• Excellent teamwork skills and the ability to work in virtual global teams and a matrix organization

• Client Centric

How we’ll support you:        

• Flexible working to assist you balance your personal priorities

• Coaching and support from experts in your team

• A culture of continuous learning to aid progression

• A range of flexible benefits that you can tailor to suit your needs

• Training and development to help you excel in your career

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

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.