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Relationship Manager - Vice President

Deutsche Bank
parental leave, remote work
United States, New York, New York
60 Wall Street (Show on map)
Jan 07, 2025
Job Description:

Job Title Relationship Manager

Corporate Title Vice President

Location New York, NY

Overview

As the Relationship Manager, you will develop, manage, and retain client relationships. You will be responsible for the acquisition of assets through expanding existing client relationships and cultivating new relationships for the Bank. Your primary focus is on growth - increasing "wallet share" through cross-selling and attraction of new clients and identifying sales initiatives based on expert knowledge of the market, industry, and Wealth Management's capabilities (products and services). You will be actively involved in new business development (including identifying cross-sell opportunities) and are focused on building a prospect client-base and identifying referral sources both internally and externally. As the Relationship Manager you will offer value-added client solutions and demonstrate the ability to "close the deal"; you will have an understanding of capital markets and the use in wealth preservation and a technical skill set focused on comprehensive wealth management.

What We Offer You

  • A diverse and inclusive environment that embraces change, innovation, and collaboration

  • A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

  • Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

  • Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

  • Educational resources, matching gift, and volunteer programs

What You'll Do

  • Provide financial advice and implementing financial planning recommendations for high net-worth clients

  • Determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment

  • Buy and selling stock on behalf of the client and manage investments

  • Address client needs through effective application of bank products

  • Assure service quality and client satisfaction

  • Comply with all bank policies and procedures and maintain current knowledge of all banking products

How You'll Lead

  • Review client holdings relative to objectives and act as a trusted financial advisor by presenting diversified strategies utilizing the full array of Private Banking products and services

Skills You'll Need

  • Extensive experience as Relationship Manager in a Private Bank

  • In depth knowledge of all the Private Bank's products and services including the credit policies, guidelines, and procedures. Complete understanding and adherence to regulatory requirements in marketing the Private Bank's products and services

  • Strong knowledge of financial instruments and markets

  • Strong sales and marketing abilities

Skills That Will Help You Excel

  • MBA or other relevant advanced degree is highly desirable

  • Able to work with a culturally diverse workforce and client base

  • Highly developed written and oral communication skills

  • Excellent problem-solving skills

  • Ability to demonstrate good time management skills

Expectations

It is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $140,000 to $217,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please emailHR.Direct@DB.com.

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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.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act;Employee Polygraph Protection ActandPay Transparency Nondiscrimination Provision.

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