Job Description :
Job Title Portfolio Manager
Corporate Title Vice President
Location New York, NY
Overview
This job is for a Multi-Asset Portfolio Management role within the Discretionary Portfolio Management (DPM) investment team for the Private Bank.
You will be responsible for the provision of investment expertise around a global multi-asset portfolio for DPM eligible clients and prospects.
Additionally, you will work closely with other internal stakeholders (Portfolio Managers, Risk / Control functions, Investment Strategists, Private Banker and / or Trust Officers) for ongoing maintenance and information provision for the underlying products and performance.
You will be responsible to contribute to our investment dialogue and process.
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
- Adherence to clients' investment needs, objectives, and constraints, as well as flexibility to implement customized investment offering where needed and appropriate
- Embrace the fiduciary concept without exception and ensure that clients' after-sales needs are met in terms of communications and performance reporting, and any ad hoc requests
- Remain abreast of development of investment committee views as well as the asset allocations determined by them. Remain up to date with developments in the financial industry including new concepts, theories, quantitative models, white papers, etc
- Be aware of and adhere to current regulatory framework including US federal & state tax laws, ERISA rules and legislation, and trust laws
- Establish and maintain long-term performance record of accomplishment for managed products and accounts
- Bring new investment ideas promptly to colleague and clients' attention, particularly in non-traditional asset classes and position these solutions within client portfolios where appropriate
How You'll Lead
- Working experience across all corporate titles and seniority embedding values of trust, partnership, and respect
- Leadership skills with the capacity to take initiative as well as assume responsibility
- Create a positive, effective work environment conducive to open communications, taking initiatives and collaborative problem-solving team culture
Skills You'll Need
- Undergraduate degree required, MBA and / or CFA preferred
- Relevant experience as a portfolio manager with a strong performance track record
- Comprehensive investment knowledge, experience with trusts (as sole or co-trustee) is a plus
- Experience with client relationship management, especially with ultra-high net worth clients and a working knowledge of the unique requirements around US Trust investing
- Series 7 and Series 65 / 66 preferred but not required
Skills That Will Help You Excel
- Organized individual who demonstrates sound judgment; strong analytical tool kit with the ability to instill trust and deliver the desired results
- Relationship builder who develops trust and respect with internal and external stakeholders
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 $110,00 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 renumeration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences.
We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans / Disabled and other protected categories.
Learn more about your life at DB through the eyes of our current employees : https : / / careers.db.com / life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please email HR.Direct redacted
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!
Click these links to view the following notices : EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act;
Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
LI-HYBRID
LI-REMOTE
LI-ONSITE
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.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans / Disabled and other protected categories. Click these links to view the following notices : EEO is the Law poster and supplement;
Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.
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