Private Bank

3 weeks ago

Dubai, United Arab Emirates Deutsche Bank Full time
Job Description:

Details of the Division and Team:

Provide fundamental support to the Relationship Manager(s) (RM), Investment Managers (IM) to assist in the day-to-day business activities in all aspects of client servicing and operational support.

Act as the primary point of contact for RM and client for all operational requests by liaising with key stakeholders at the Booking Centre (Cross Border desk, iCAT, Client onboarding, Operations, COO, Business Management, Trading teams etc) and locally (Business Management, Client onboarding Investment Advisory teams) as appropriate.

Responsible for timely action on requests and service requirements to meet the client/RM requirements.

What we will offer you:

A healthy, engaged and well-supported workforce is 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 center.

You can expect:
  • Life Insurance
  • Accidental Death Insurance
  • Permanent Partial Disability Insurance
  • Private Medical Insurance for you, your spouse and dependent children
  • Flexible working arrangements
  • 30 days of annual paid leave, plus public holiday & Flexible Working Arrangement
  • DB contributions to DIFC Employee Workplace Savings (DEWS)
Your key responsibilities:

Client Service
  • Handle and respond to RM requests and client queries related but not restricted to account documentation, account balances, account maintenance activity, statement information, security transfers, security information, general product and/or service information.
  • Receive and confirm client instructions related to remittances, account maintenance etc. and liaising with the respective booking center within acceptable timelines.
  • When required, attend client meetings along with RM to provide support to meet client requirements.
  • Taking and executing clients' orders (money market, capital market transactions).
  • Diligent follow up with clients to execute term sheets and other account/trade related documents.
Operations and Administrative
  • Assist RM in new account opening process -preparation of comprehensive account opening pack for submission to onboarding team post client signature. Possess good knowledge for review and preparation of client signed quality packs including Booking Centre and DIFC documents to be submitted to local Onboarding team for New Account opening.
  • Assist RM in liaising with the Booking Centre iCAT/AFC/DIFC OBS/KYC Review Team/DIFC AFC for follow up/provide additional information/documentation if requested.
  • Seek relevant approvals and ensure process followed whilst arranging any Video conference meetings/calls.
  • Follow up on any Booking Centre/DIFC document deficiencies promptly to help RMs achieve their Key Risk Indicators (KRIs).
  • Execution of periodic fee run to ensure RMs are informed of any insufficient balances.
  • Ensure timely assistance in input of call reports (provided by RM) in system and proper record retention of call reports in Group shared folders (protected at all times) wherever applicable.
  • Ensure RMs and IAs are aware of any Corporate Actions and follow up through to completion.
  • Providing assistance in managing loan covenants and processing periodic rolling of all Structured Loans, Lombard Loans and Time Deposits.
  • Develop good understanding of the governing regulatory framework and upholding relevant policies/procedures to mitigate risks; ensuring that the Bank is protected.
  • Remain current and thorough on operational processes, services and firm's systems/applications.
  • Liaise with RM/IA to ensure voice logs are completed, seek approvals as required for reporting purposes.
  • Raise credit facility requests as required, assist RM with credit Advance Ratio levels and client specific AR requests.
  • Provide regular updates to RMs regarding clients credit facilities and prepare credit excess reports.
  • Input daily trades in system within cut off times for trade reconciliation purposes.
  • Proactively help manage margin calls with Credit and Cross Border Desk in conjunction with RM.
  • Resolve any trade/non-trade related incidents in conjunction with the Cross Border Desk (as applicable) with prompt and timely reporting to Business Manager / Team Head.
  • Process with relevant approval all inward/outward cash and security transfer instructions received from client in conjunction with RM/ Booking Centre/Counterparty and client. Follow up till completion, including trade archival.
  • Support RMs in performing client after-sales tasks and coordination of marketing events invitations and approvals.
  • Follow up for pre-trade, post trade execution and confirmation, renewal of expired orders to enable reporting to Cross Border desk / complete system input. Liaise with RM/IA to ensure voice logs are completed and reported. Follow up till completion, including trade archival.
  • Accountable for providing full administrative support to the Head of cross border and immediate team, acquiring various administrative duties and backing-up other team members as and when required.
  • Where applicable, managing the daily mailing of documentation to the relevant booking centers.
  • Respond to client queries related but not restricted to account documentation, account balances, account activity, statement information, security transfers, security information, general product and/or service information.
  • Proactively update and follow up on various deficiency reports in RISK MIS Tool monthly (email notification). All deficiencies to be resolved promptly.
  • Completion of any remediation projects within the stipulated deadlines.
  • Highlight any suspicious activity/complaints to Head of Business/Business Manager in a timely manner.
  • Provide leave plan to Supervisor for approval and ensure smooth and detailed handover to back up SAs for business continuity.
  • Participate in all SE group projects and meetings. Handle any regulatory/non-regulatory projects within the stipulated deadlines.
  • Accountable for being thorough with relevant KOPs at Booking Centres and DIFC, and staying up to date on process enhancements, approval templates etc.
Your skills and experience:
  • Bachelor's degree or equivalent
  • Fluency in English (written and verbal) is mandatory. Fluency in Arabic is a good to have skill.
  • Minimum 3-5 Years of relevant client servicing or assistant relationship manager experience within the banking and financial industry
  • Able to manage time and multitask.
  • Strong inter-personal, communication and consulting skills
  • Excellent teamwork skills and the ability to work in virtual global teams and a matrix organization
  • Client Centric
How we'll support you:
  • Flexible working to assist you balance your personal priorities
  • 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
  • Training and development to help you excel in your career
About us and our teams:

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

Deutsche Bank & Diversity

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

With that, we extend a warm welcome to candidates with disabilities to apply.

Our Bank is committed to ensuring equal opportunities and will facilitate a productive and harmonious work environment for all.

We encourage talented individuals seeking a professional setting that values and accommodates diverse capabilities to submit their applications and be part of our shared commitment to fostering inclusiveness.

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.

  • Director, Private Banking

    3 weeks ago

    Dubai, United Arab Emirates First Abu Dhabi Bank (FAB) Full time

    Company DescriptionFirst Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a strong...

  • Assoicate Director, Private Banking

    4 weeks ago

    Dubai, United Arab Emirates First Abu Dhabi Bank (FAB) Full time

    Company DescriptionFirst Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a strong...

  • Private Banking Executive

    3 months ago

    Dubai, United Arab Emirates CharterHouse Full time

    **Job description**: Charterhouse is working with an industry-leading financial institution that specialises in private banking, investment management, as well as wealth and asset advisory. Our client is part of a global group that has offices in some of the largest financial centres in the world, and they are looking to hire an experienced and knowledgeable...

  • Private Banker

    4 hours ago

    Dubai, Dubai, United Arab Emirates Deutsche Bank Full time

    Job Title: Private Banker About the Role: We are seeking a highly skilled Private Banker to join our team in Deutsche Bank. As a Private Banker, you will be responsible for providing exceptional client service and support to our high net worth clients. You will work closely with our clients to understand their financial needs and goals, and provide...

  • Private Banking Associate

    22 hours ago

    Dubai, Dubai, United Arab Emirates CHARTERHOUSE MIDDLE EAST Full time

    Private Banking AssociateOur client, Charterhouse Middle East, is seeking a highly skilled Private Banking Associate to join their team. As a key member of the team, you will be responsible for building and maintaining relationships with high net worth individuals and institutional clients.Key Responsibilities:Opening and managing client accounts to increase...

  • Assistant Private Banking

    4 months ago

    Dubai, United Arab Emirates Swisslinx Full time

    On behalf of our client, a well-established and reputable international private bank, we are looking for an Assistant Private Banking to join their growing team in Dubai. In this challenging role your main responsibilities will include but not limited to: - Providing customer-related and other administrative support to wealth managers - Handling client...

  • Private Banking Executive

    4 months ago

    Dubai, United Arab Emirates Barclays Full time

    Private Banking Executive Overall purpose of role - Support the Head of Private Banking in acquiring, servicing and retaining clients and in the creation of enduring, deep and trusted relationships with our clients - Provides exceptional service to the Banker's clients and be a main point of contact for all day-to-day matters across products and services -...

  • Private Banking ociate

    5 days ago

    Dubai, United Arab Emirates CHARTERHOUSE MIDDLE EAST Full time

    Our client’s goal is to build ontheir consistent yearly growth and increase revenue generated inthe region, so the incoming Bankers should have a track record ofopening accounts for private / institutional clients in a PrivateBank, and in turn growing their AUM. They should be comfortable inproviding expert investment advice to clients from a variety...

  • Private Wealth Management Professional

    3 weeks ago

    Dubai, Dubai, United Arab Emirates Private Investigator Northumberland Full time

    About the RoleAs a Private Banking Team Leader at Private Investigator Northumberland, you will play a crucial role in driving the growth of our Private Banking division. Our goal is to expand our client base and increase revenue generated in the region, and we are seeking experienced and proven Private Bankers and Team Leaders to help us achieve this...

  • Private Banking Associate

    5 days ago

    Dubai, Dubai, United Arab Emirates CHARTERHOUSE MIDDLE EAST Full time

    Private Banking AssociateOur client, Charterhouse Middle East, is seeking a highly skilled Private Banking Associate to join their team. As a key member of the team, you will be responsible for building and maintaining relationships with high net worth individuals and institutional clients.Key Responsibilities:Opening and managing client accounts to increase...

  • Private Banking Executive

    4 months ago

    Dubai, United Arab Emirates Barclays Full time

    Overall purpose of role - Support the Head of Private Banking in acquiring, servicing and retaining clients and in the creation of enduring, deep and trusted relationships with our clients - Provides exceptional service to the Banker’s clients and be a main point of contact for all day-to-day matters across products and services - Complete the tasks...

  • Head of Private Banking

    3 weeks ago

    Dubai, Dubai, United Arab Emirates CHARTERHOUSE MIDDLE EAST Full time

    Job SummaryCharterhouse Middle East is seeking a seasoned professional to lead our wealth management division. As the Head of Wealth Management, you will be responsible for driving business growth and expansion in the UAE market.Key ResponsibilitiesDevelop and implement strategic plans to attract high-net-worth individuals and families to our wealth...

  • Operation Manager

    3 months ago

    Dubai, United Arab Emirates Branford Capital Limited Full time

    **#Hiring for Operation Manager** We are currently hiring for Operation manager for our wealth assets & Advisory firm located in Dubai. Experience: Minimum 1- 3 years of Banking/ private banking operations experience in UAE (mandatory). Location: DIFC - Dubai **Responsibilities**: - To follow the best practices of Operations for all new & existing...

  • Private Bank

    2 weeks ago

    Dubai, United Arab Emirates Deutsche Bank Full time

    **Private Bank - Service Executive - Wealth Management, Global South Asia Team - Associate**: **Job ID**:R0346977**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-09-09**Location**:Dubai**Position Overview**: **Details of the Division and **Team**: Provide fundamental support to the Relationship Manager(s) (RM), Investment Managers...

  • Executive Director, Private Banking

    4 weeks ago

    Dubai, United Arab Emirates First Abu Dhabi Bank (FAB) Full time

    Company DescriptionFirst Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a strong...

  • Private Bank Team Leader

    1 week ago

    Dubai, Dubai, United Arab Emirates Charterhouse Middle East Full time

    Private Bank Team Leader OpportunityCharterhouse Middle East is partnering with a highly respected Swiss Private Bank to expand their presence in the DIFC office. The bank is seeking experienced Private Bankers and Team Leaders to drive growth and solidify their position as a top wealth management institution in the region.Key Responsibilities:Develop and...

  • Private Banking Manager

    1 week ago

    Dubai, Dubai, United Arab Emirates Precision Hire Solution Full time

    Job OverviewWe are seeking a highly skilled and experienced Private Banking Manager to join our team at Precision Hire Solution. As a key member of our wealth management team, you will be responsible for managing and growing a portfolio of Ultra High Net Worth clients, providing them with exceptional service and advice.Key ResponsibilitiesPortfolio...

  • Operation Manager

    3 months ago

    Dubai, United Arab Emirates Branford Capital Limited Full time

    #Hiring for Operation Manager Experience: Minimum 2- 3 years of Banking operation experience in UAE Location: Dubai Job Responsibilities: - To follow the best practices of Operations for all new & existing Clients. - Employee will be RM’s Support to our Sales Team and responsible for operational work within the Company. - Assisting RM’s for KYC and...

  • Lead - Private Banking Services

    3 months ago

    Dubai, United Arab Emirates Emirates NBD Full time

    Emirates NBD is a market leader across the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 20 million customers. The Emirates NBD Group has a total of 853 branches and 4,213 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 3.89 billion. At the bank, we...

  • Relationship Manager

    4 months ago

    Dubai, United Arab Emirates Abu Dhabi Islamic Bank Full time

    Relationship Manager - Private Banker **Position: Relationship Manager - Private Banker** **Location: Dubai, UAE** **Role Purpose**: - Private banking RM will manage and develop HNWI client portfolio aiming to strongly grow and expand (locally/regionally) the relationship to maintain their satisfaction and increase profitability & return on portfolio. -...