Private Bank - Relationship Manager - GSA - MD

Private Bank - Relationship Manager - GSA - MDDeutsche Bank | Posted Mar 10Full-timeDubaiNegotiableUnknownPosition OverviewDeutsche Bank’s Private Bank 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.The Relationship Manager is a primary point of contact for clients to access the entire suite of wealth management capabilities and solutions offered by Deutsche Bank Private Bank. This is achieved by working in close partnership with the Investment Manager in the day-to‑day planning and servicing for the client. The individual is responsible for acquiring new clients – which are in line with the business proposition of the bank – and assets as well as growing existing business relationships, assuring a holistic and high‑standard client experience.Your Key ResponsibilitiesDevelop, manage and maintain overall relationship with the client, providing a holistic client experienceBe the first point of contact and the overall responsible person with regard to dealing with client complaintsDevelop new business with new and existing clients, spending a great proportion of time focused on bringing in new clients and new assets (prospecting), building and sustaining long‑term relationshipsWork as a team with the Investment Manager (and the Institutional Wealth Partner where appropriate) to build deeper client relationships / involve in originationKeep day‑to‑day responsibility for advising clients within the required regulatory framework and keeping abreast of all client‑impacting initiatives from the respective marketProactively identify client lending / financing needs, involving lending specialists to further develop the opportunityPerform continuous market analysis to identify potential client leads and opportunitiesAct as the Accountable Client Owner with responsibility for all AML aspects of the client relationship; this includes KYC in good quality and in a timely manner (no overdues) as well as account behaviour, i.e. transactions with focus on 3rd party transactions constituting transfers in and out to be in line with purpose and anticipated behaviour of the account(s)Where clients are not assigned an Investment Manager, own the overall suitability and appropriateness for client investments; taking client execution orders where required and ensuring that all corresponding checks are performedParticipate in relevant client social events as well as in PR and other marketing activitiesUphold the team’s operating rhythm (e.g. regular prospect review, pipeline review, account planning, etc.), leading by example and demonstrating role‑model behaviourWork in close co‑operation with other coverage, product and support functions to deliver DB’s value proposition, leveraging also other DB divisions where possibleActively support the business / growth strategy, plans and values, contributing to the achievement of a high‑performing teamAct within professional, legal and ethical boundaries and guidelines, observing all internal and external compliance regulations and code of ethics and conduct; flagging and managing reputational risks and conflicts issuesYour Skills And ExperienceMinimum 15 year plus of relevant relationship manager experience in an international private bank with focus on UHNW clients in the regionSolid network of clients in the target coverage market is required, specifically in the Wealth Management or Private Banking sector for the Global South Asia/NRI marketFluency (written and oral) in EnglishDetail orientation on both strategy and executionExcellent communication skillsExcellent collaboration skillsSuperior investment acumenHave a good understanding of the governing regulatory framework (e.g. RDR, MiFID II, etc.), including but not limited to applicable confidentiality / secrecy / data protection regulations and cross‑border rules where relevantProfessional integritySelf‑starterWilling and able to develop other staff, e.g., analystsCFA, MBA degree or other