Relationship Manager / Relationship Manageress

About Us

For over 150 years, our dedication to serving as the Global Hausbank for our clients has been driven by our people, representing around 60 countries and over 150 nationalities. Their deep understanding, insights, expertise, and passion empower our clients to navigate an increasingly complex world—whether in our Corporate Bank, Private Bank, Investment Bank, or Asset Management division. Together, we can make a significant impact for our clients, both locally and globally, securing their lasting success and financial security.

Deutsche Bank Wealth Management

Deutsche Bank’s Wealth Management business stands as one of the largest wealth managers worldwide, offering clients a comprehensive range of traditional and alternative investment solutions alongside thorough advice on all aspects of Wealth Management. As a trusted partner to affluent individuals, entrepreneurs, family offices, and foundations, we create lasting value and specialize in customized solutions, such as wealth planning across generations and borders, asset management with tailored risk profiles, loans, and deposits. This is made possible through our global network, extensive experience, and close collaboration with our Corporate Bank, Investment Bank, and DWS. We aim to be a highly competitive global wealth manager by merging financial strength with trustworthy partnerships and forward-thinking, thereby establishing sustainable and beneficial client relationships. Our growth in this area contributes to building a more balanced, less capital-intensive, and stable business model for Deutsche Bank.

Position Overview

As a Relationship Manager, you will serve as the primary point of contact for clients seeking to access the full suite of wealth management capabilities and solutions provided by Deutsche Bank Wealth Management. You will work closely with the Investment Manager in day-to-day planning and servicing for the client, ensuring a holistic, high-standard client experience. Your key responsibilities will include acquiring new clients aligned with the bank's business proposition and nurturing existing business relationships.

Responsibilities

• Identify, develop, acquire, and maintain relationships with high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients in the Middle East/Gulf region.
• Increase wallet share and assets under management (AuM) through a business development and relationship management approach.
• Generate net new assets and revenue in a scalable and efficient manner.
• Balance client relationships with prospect building, investment growth, and compliance responsibilities on both daily and long-term bases.
• Plan and manage resources effectively to optimize business operations.
• Recommend suitable investment products and services based on clients’ objectives, resources, risk profiles, and preferences.
• Periodically review client portfolios to ensure alignment with investment objectives and risk profiles.
• Partner with Investment Managers to discuss and manage clients’ financial goals and risk tolerances.
• Act as the Accountable Client Owner with full responsibility for all AML aspects of client relationships.
• Establish and maintain relationships with management teams while ensuring compliance with guidelines and policies.
• Collaborate with other coverage, product, and support functions to deliver Deutsche Bank's value proposition.
• Support business strategies, new products, and team performance.
• Participate in client social events and marketing activities.
• Follow up on key risk indicators and complete required reviews and reports.
• Document detailed notes in Call Reports summarizing discussions and necessary follow-up actions.
• Build and maintain existing client relationships, managing the relationship process from initiation to closure.

Skills

• Master's degree in Finance preferred.
• Certification as a Chartered Financial Analyst (CFA) or an MBA is desirable.
• Fluency in English is a prerequisite; Arabic language skills are an advantage.
• 5-8 years of experience in the industry, focusing on Saudi and/or Egyptian UHNW clients.
• Excellent communication and collaboration skills.
• Client-focused, solution-oriented, and capable of thriving in high-pressure environments.
• Strong investment acumen and an extensive network in the target coverage market.
• A solid understanding of governing regulatory frameworks.
• Professional integrity and the ability to manage resources effectively.
• A commitment to developing other staff members.

Well-being & Benefits

• Emotionally and Mentally Balanced: We support your mental health with training events, counseling, and a culture promoting open discussions about mental well-being.
• Physically Thriving: We promote physical health through preventive measures and a supportive workplace, including offerings like online yoga classes and standing desks.
• Socially Connected: Our commitment to collaboration, inclusion, and connection fosters perspectives that strengthen self-confidence and well-being.

To apply for this position, please apply online using the form below. Only applications matching the job profile will be considered.