Job Description:
Job Title Client Advisor, Investment Manager
Corporate Title Vice President
Location New York, NY
Overview
As the Client Advisor, Investment Manager you will partner up with relationship managers to provide a single point of contact for clients to access the entire suite of investment capabilities, insights, and solutions offered by Deutsche Bank Wealth Management (WM). You will leverage the insight and expertise of the Deutsche Bank Wealth Management Chief Investment Office (CIO) and the global and regional investment committees to provide advice around long-term thematic investment opportunities, short-term tactical trades, asset allocations, and manager selection. You will employ a wide range of asset classes and capabilities to address clients’ needs holistically, including discretionary and advisory portfolio management solutions, capital markets, private markets, and alternative investments.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
What You’ll Do
Serve as strategic advisor on client’s overall investment portfolio and drive holistic portfolio construction and asset allocation activities; understand classic banking product needs of the client and connect clients with relevant product specialists
Collaborate closely with key internal partners, including discretionary portfolio managers and Deutsche Bank WM’s entire range of product specialists to deliver the Firm’s best investment thinking and solutions
Monitor clients’ asset allocation across investments and provide ideas for rebalancing across product spectrum based on CIO view; arrange and execute regular (quarterly, semi-annual, and annual) investment and business reviews with assigned clients and relevant internal partners
Investment managers will have accountability for total investment assets under management, revenue, assets retention and business mix goals
How You’ll Lead
Work closely with relationship managers and be the central owner and orchestrator of the investment relationship, as well as partner up with the relationship manager to serve clients across a defined portfolio with a strong focus on the upper echelon of Deutsche Bank WM’s clients
Proactively identify needs and corresponding opportunities to originate solutions across capital markets and structured investments, and managed and alternative investments (hedge fund and private credit)
Skills You’ll Need
Proven experience in portfolio construction and asset allocation, as well as managing and/or advising on multi-asset class portfolios for clients across traditional and alternative assets
Evaluating and selecting traditional asset managers and alternatives of all types with special emphasis on hedge funds and real estate
Capital markets, including stocks, bonds, structured investments, currencies and commodities, and evidence of past success at building a business by attracting assets, principally as a result of the ability to quickly gain the confidence of a client
Fluent in delivering a capital market outlook from both an investment strategist’s view (i.e., top down) and a manager’s view (i.e., bottom up) with the purpose of articulating why suggested solutions are appropriate for a given investment objective and market environment
Experienced and comfortable in leading investment discussions in one-on-one meetings and small groups, as well as fluent in discussing performance attribution
Skills That Will Help You Excel
Relevant bank or broker/dealer experience or MBA/equivalent higher education degree
Excellent communication skills, both written and spoken
Expectations
It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $110,000 to $220,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
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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.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.
