Private Bank - Client Lifecycle Management, Global South Asia & Africa - AVP

Job Overview

Deutsche Bank is seeking a Client Lifecycle Management AVP to support the Wealth Management business for Middle East Africa, Global South Asia and the Business Management team. The role involves client onboarding, MIS reporting, updating Key Operating Procedures, and supporting audit and quality assurance initiatives.

Company Overview

Deutsche Bank is a leading German bank with strong European roots and a global network. Deutsche Bank is committed to diversity and inclusion, fostering a supportive and welcoming environment for all employees.

Quick Details

• Salary Range: Market Competitive
• Job Type: Full-time
• Qualifications: Bachelor’s Degree
• Experience: At least 5 years

Key Responsibilities

• Responsible for on-boarding new clients and support periodic review of existing clients in a high quality and timely manner.
• Review the KYC provided by the RM, ensure that the information provided is of the required standards, conduct required searches as prescribed by the Know Your Client Procedures and Enter Source of Wealth (SoW) provided by the RM in the Onboarding tool.
• Liaising with Booking Centers on their queries on the account opening documentation submitted to them
• Tracking of all new onboardings and escalation of new onboarding to relevant stake holders if timelines are not met.
• Ensure that KYC reviews are signed off in a timely manner and risk rating between Booking Centers and DIFC are aligned.

Requirements

• Bachelor’s Degree with a background in Finance. Should be able to understand financial statements and analyze them
• Arabic knowledge (at least reading) would be an added advantage.
• At least 5 years experience in Client Onboarding support within Wealth Management Division and preferably in DIFC dealing with multiple Booking Centers.
• Strong Microsoft Office Skills especially Excel and PowerPoint.
• Should be assertive, analytical, organized, flexible and solution oriented .

Benefits

• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• Training and development to help you excel in your career