Wealth Management – Relationship Manager – Director Jobs in Dubai – UAE at Deutsche Bank

Title: Wealth Management – Relationship Manager – Director

Company: Deutsche Bank

Location: Dubai – UAE

Type: Contract

Category: Banking, Finance

Position: Wealth Management – Relationship Manager – Director – Dubai


Wealth Management

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

You, as a Senior 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 – which 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 of the overall Net New Assets creation and revenue generation on the respective books in a scalable and efficient way.

Balance client relationship, prospect building, 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/analyse 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 behaviour.

Establish and maintain relationships with the management teams and informing management of any circumstanc…


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