Position Overview

Details of the Division and Team:

Deutsche Bank Private Bank is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management. As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations, we create lasting value for clients.

We specialize in developing bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits. All this is possible thanks to our global network, our many years of experience and our close collaboration with the Corporate Bank, Investment Bank and DWS. We aim to become a highly competitive global wealth manager by combining financial strength and stability with trustworthy partnership and forward-thinking in order to build sustainable and beneficial client relationships. As a growth business for Deutsche Bank, we contribute towards building a more balanced, less capital intense and stable business model for the bank.

What we will offer you:

A healthy, engaged and well-supported workforce are 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:

Flexible benefits plan including virtual doctor consultation services
Comprehensive leave benefits
Gender Neutral Parental Leave
Hybrid working arrangements
25 days of annual paid leave, plus public holiday
A culture of continuous learning to aid progression

Your key responsibilities:

The Relationship Manager (Account Management) plays a critical supporting role within the External Asset Manager (EAM) team, acting as the primary point of contact for daytoday client engagement, account management and lifecycle administration.

This role covers core Relationship Manager responsibilities such as EAM relationship management and development, new End Client account acquisition and opening, as well as AML/KYC oversight. The focus of the role will be to ensure sustainable client satisfaction and risk management through highquality support of our EAM partners and their End Clients. Origination efforts are expected to be more limited, and more focused on the organic growth of an existing book of EAM relationships through excellent client service and operational effectiveness.

Serve as the primary daytoday contact for EAMs (External Asset Manager) and support strong, longterm relationship management.
Handle client queries, escalation needs, and servicerelated troubleshooting in coordination with crossfunctional teams.
Manage endtoend account opening activities, including documentation checks, onboarding coordination, and execution of account maintenance processes.
Oversee lifecycle events such as updates to client information, periodic reviews, account amendments, closures, and transactional formality requirements.
Support EAMs in preparing and validating client instructions, payments, asset transfers, loan disbursement forms, and other operational documentation.
Act as the Accountable Client Owner for AML/KYCrelated matters for assigned accounts, ensuring timely and highquality completion of KYC reviews with zero overdues.
Monitor ongoing client behaviour, with particular focus on thirdparty transactions, unusual activity patterns, and adherence to expected account behaviour.
Maintain awareness of, and operate within, the applicable regulatory requirements, including confidentiality, data privacy, and crossborder rules.
Support senior EAM RMs in identifying retention opportunities, crosssell opportunities, and riskmitigation measures—without direct origination focus

Your skills and experience:

At least 5–8 years of relevant experience in Private Banking, Wealth Management, or EAMrelated client servicing roles.
Strong understanding of client lifecycle management, AML/KYC processes, regulatory obligations, and documentation requirements.
Relevant certifications such as CACS Paper 1 & 2 required
Excellent communication skills and ability to manage hightouch servicing interactions with both EAMs and internal stakeholders.
Meticulous, organised, and able to multitask in a fastpaced environment with high attention to detail.
Strong collaboration skills with proven ability to coordinate across functional teams.
Fluent in English (written and oral)

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

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.

Private Bank Relationship Manager (Account Management), EAM, AVP/VP