Private Banker - Director

Job Description:

Job Title Private Banker (Evergreen)

Corporate Title Director

Location New York, NY

Overview

As a Private Banker within Wealth Management you will develop, manage, and retain client relationships. You will be responsible for the acquisition of assets through expanding existing client relationships and cultivating new relationships for the Bank. Their primary focus is on growth - increasing “wallet share” through cross-selling and attraction of new clients and identifying sales initiatives based on expert knowledge of the market, industry, and Wealth Management’s capabilities (products and services). You will be actively involved in new business development (including identifying cross-sell opportunities) and are focused on building a prospect client-base and identifying referral sources both internally and externally. You will offer value-added client solutions and demonstrate the ability to “close the deal”; and have an understanding of capital markets and their use in wealth preservation and a technical skill set focused on comprehensive wealth management.

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

• Generate up to $1M of annual production/net new revenue

• Maintain $3M - $5M of total annual production/book revenue

• Present to clients a holistic approach, leveraging the entire Deutsche Bank platform

• Determine the right coverage model in order to deliver comprehensive and personalized wealth management solutions and diversified strategies to meet the demands of clients

• Ensure current and prospective clients meet all Know Your Client, Anti-Money Laundering, suitability and all other corporate and regulatory compliance standards

How You’ll Lead

• Focus on new business development for target client segment ($10M - $25M investable assets)

Skills You’ll Need

• Previous relevant experience

• S7 and S63 registered

• Drive and motivation to meet targets coupled with very good sales and negotiation skills

• Expansive knowledge of regional and local financial markets

Skills That Will Help You Excel

• Ability to interact effectively with clients and colleagues

• Exceptional written and verbal communication and platform presentation skills

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 $220,000 to $415,000. 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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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.