Relationship Manager

Job Title Relationship Manager

Location London

Corporate Title Assistant Vice President

Deutsche Bank’s International Private Bank (IPB) is one of the preeminent private banks in the Eurozone and for family entrepreneurs worldwide. It serves around 3.4 million Clients with total 250 billion euros of assets under management and has a combined revenue of approximately 3 billion euros.

Your role as a Relationship Manager will enable you to be the primary point of contact for clients to access the entire suite of wealth management capabilities and solutions offered by Deutsche Bank Wealth Management.

What we’ll offer you

A healthy, engaged and well-supported workforce are 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 centre.

You can expect: 

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities

• Develop 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 relationships with target segment clients, including Ultra High Net Worth and Family Office clients
• Advise clients within the required regulatory framework and keeping abreast of all client-impacting initiatives from the respective market
• Proactively identifying client lending/ financing needs, involving lending specialists to further develop the opportunity to completion
• Act as the Accountable Client Owner with responsibility for all Anti-Money Laundering aspects of the client relationship; this includes Know Your Client (KYC) in good quality and in a timely manner as well as account behaviour
• 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 performed

Your skills and experience

• Regulatory certification in the United Kingdom to a level 4 Real Distribution Review (RDR) minimum or equivalent
• Good understanding of the governing regulatory framework including but not limited to applicable confidentiality/ secrecy/ data protection regulations and cross border rules where relevant
• Extensive experience in similar role with solid network of clients in the target coverage market is required
• Willing and able to develop other staff
• Educated to Bachelor’s degree level or equivalent qualification/relevant work experience

How we’ll support you

• Training and development to help you excel in your career
• 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

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named a The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

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.