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Private Banker - Director - Managing Director

Company: Deutsche Bank AG
Location: Los Angeles
Posted on: April 10, 2021

Job Description:

Los Angeles, 1999 Avenue of th Job Description: Overview
Private Bankers develop, manage, and retain client relationships. They are 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 (WM) capabilities (products and services). They are 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. They offer value-added client solutions and demonstrate the ability to "close the deal"; they 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:

  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office
  • Retirement Savings Plans, Parental Leave, and other family-friendly programs
  • Educational Resources including College Coaching, Sponsorship [Tuition and Test Prep] Programs, and Student Loan Refinancing Hear from our people and look inside our office: DB@The Muse Your Key Responsibilities:
    • Focus on new business development for target client segment ($10M - $25M investable assets)
    • 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 (KYC), Anti-Money Laundering (AML), suitability and all other corporate and regulatory compliance standards Your Skills and 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 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. Click here to find out more about our diversity and inclusion policy and initiatives. Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany's leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

Keywords: Deutsche Bank AG, Los Angeles , Private Banker - Director - Managing Director, Executive , Los Angeles, California

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