Relationship Manager - Vice President/Director, Private Bank

Position Overview

Deutsche Bank's Wealth Management division is among the world’s leading wealth managers, offering clients a wide array of traditional and alternative investment solutions alongside thorough advice on wealth management. Serving affluent individuals, family offices, and foundations, the bank crafts tailored strategies including multi-generational wealth planning, customized asset management, loans, and deposits. Leveraging strong global networks and cooperation with its Corporate Bank, Investment Bank, and DWS, Deutsche Bank aims to strengthen its position as a top global wealth manager focused on sustainable and trust-based client relationships. As a growing sector of the bank, Wealth Management contributes to a more balanced and less capital-intensive business model.

Responsibilities

• Serve as the primary client contact for accessing Deutsche Bank Wealth Management's full service portfolio, collaborating closely with Investment Managers for daily client support and planning.
• Initiate and develop new client relationships and expand existing ones, dedicating significant efforts to prospecting and asset growth aligned with the bank’s business goals.
• Manage overall client relationships holistically, including addressing client complaints as the main point of responsibility.
• Work in tandem with Investment Managers and Institutional Wealth Partners to deepen client engagements and support origination activities.
• Ensure client advice complies with regulatory requirements and stay updated on client-related initiatives.
• Identify client borrowing and financing needs proactively, involving lending experts to capitalize on opportunities.
• Analyze markets continuously to spot potential client prospects and growth possibilities.
• Act as the Accountable Client Owner for all Anti-Money Laundering (AML) requirements, ensuring timely and quality Know Your Customer (KYC) processes and monitoring account behavior in line with expected transactions.
• When no Investment Manager is assigned, oversee investment suitability assessments and client order execution while ensuring all necessary verifications.
• Participate actively in client social events, public relations, and marketing initiatives.
• Maintain team operational routines, including prospect and pipeline reviews and account planning, demonstrating leadership and exemplary conduct.
• Collaborate closely with other business and support functions across Deutsche Bank to maximize value delivery.
• Support business growth strategies, contribute to a high-performing team, and uphold professional, legal, and ethical standards including compliance and risk management.

Experience and Skills

• A minimum of 5 years' wealth management or private banking experience for Vice President level; at least 8 years for Director and higher roles.
• Established network of High Net Worth (HNW) and Ultra High Net Worth (UHNW) clients within the regional coverage area.
• Fluent communication skills in English and other languages relevant to the target client markets.
• Strong attention to detail in strategic planning and execution.
• Excellent interpersonal communication and collaboration skills.
• Deep investment knowledge and acumen.
• Comprehensive understanding of applicable regulatory frameworks (e.g., RDR, MiFID II), confidentiality and data protection regulations, including cross-border compliance.
• High professional integrity and ethical standards.
• Self-motivated with a proactive approach to work.
• Ability and willingness to mentor and develop junior staff such as analysts.
• Qualifications such as CFA, MBA, or other advanced degrees are advantageous.

Work Environment and Benefits

• Flexible benefits package including virtual medical consultations.
• Generous leave policy with 25 days of annual paid leave plus public holidays and flexible working arrangements.
• Gender-neutral parental leave options.
• Support for ongoing professional development and learning opportunities.
• Coaching and expert team support to foster career advancement.
• Employment is based at One Raffles Quay office in Singapore with relevant vaccination requirements observed.

Corporate Culture and Diversity

Deutsche Bank embraces diversity, fairness, and equality, promoting an inclusive work environment where employees are empowered to excel through responsibility, initiative, and collaboration. The bank welcomes applications from all candidates and celebrates collective success as part of the Deutsche Bank Group.