DPM Junior Business Manager - Associate - Assistant Vice President

Position Overview

Job Title: DPM Junior Business Manager

Corporate Title: Associate - Assistant Vice President

Location: New York, NY

Overview

We are seeking a Junior Business Manager supporting the International Private Bank (IPB) Discretionary Portfolio Management (DPM). You will be part the business management team in New York which coordinates projects and deliverables from front/middle/back office, presenting an excellent opportunity to learn the IPB business. You will coordinate multiple committee activities, ensure timely completion of follow-up items, and escalate outstanding issues to Senior Management; you will support implementation and monitoring of supervisory controls and compliance initiatives.

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

• Manage and update key business operating procedures, oversee the preparation and distribution of reports and committee materials, directly impacting business operations and digital documentation
• Provide ongoing support to business management team, partner with compliance to align procedures with regulatory frameworks, and participate in other business management projects as required
• Coordinate Trust Investment Group (TIG) and Investment Advisory Group (IAG) activities incl. meeting scheduling and minutes handling, preparation and distribution of account reviews, holdings variance commentary and remediation, recording follow-up items and completion tracking including escalation of past due outstanding items to Senior Management. Organize Investment Review Committee session incl. compiling and updating materials such as the correlation matrix, structured products offering inventory, alternative investment matrix and investment performance data; compose and submit minutes to Boards of Directors; prepare annual presentation
• Update account review information on accounting system (Global+). Track and Monitor assets reviewed during Special Asset Group (SAG) – notify Trust Officers of material that is scheduled for review. Prepare material for the Collective Investment Funds (CIFs) and coordinate meetings with portfolio managers
• Distribute daily overdraft report and record remediation actions and resolution date
• Prepare and update business key operating procedures (KOP). Partner with compliance to ensure KOP meet new compliance control framework initiative

Skills You’ll Need

• Bachelor’s degree in finance or business
• Relevant experience in the Finance industry
• Strong computer and data management skills
• Proficiency with Microsoft Word, Excel (including V-Lookup and Pivot Tables), and PowerPoint
• Ability to manage and prioritize multiple tasks simultaneously

Skills That Will Help You Excel

• Good oral and written communication and presentation skills
• Ability to quickly build strong relationships with stakeholders across various departments
• Demonstrates confidence, drive, and enthusiasm
• Ability to work independently or collaboratively as a team member, sharing ideas
• Capable of reviewing information and making timely, sound decisions

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York, NY 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 $85,000 to $110,000. 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.


Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights"; "Employee Rights and Responsibilities under the Family and Medical Leave Act"; and "Employee Polygraph Protection Act".