We are seeking a Junior Business Manager supporting the International Private Bank (IPB) Discretionary Portfolio Management (DPM). As the Junior Business Manager, you will be an extension of 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 be responsible for data management of various systems and databases and other business management responsibilities and projects.
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
Coordinate Trust Investment Committee (TIC) and Investment Advisory Committee (IAC) activities including 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
Update account review information on accounting system (Global+). Track and Monitor assets reviewed during Special Asset Committee (SAC) - notify Trust Officers of material that is scheduled for review. Prepare material for the Collective Investment Funds (CIFs) and coordinate meetings with portfolio managers. Prepare and update business key operating procedures (KOP). Partner with compliance to ensure KOP meet new compliance control framework initiative. Assist in the implementation and monitoring of initiative on supervisory controls including regulatory requirements (OCC) and periodic internal audits
Organize Investment Review Committee session including 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
Order management system administration including preparing and distributing Compliance Risk Assessment Methodology (CRAM) reports and analyzing adequacy of responses and follow ups; perform administrator duties such as securities restriction set up
Daily account overdraft review and research with Portfolio Management to identify cause and remediate actions. Prepare and distribute Annual Client Update Past Due reports; Collaborate with DWS, Internal Finance, and DPM to provide estimates of monthly AUM for model portfolios CIF
Skills You'll Need
Bachelor's Degree (Finance or Business preferred)
Proficient work experience in Finance industry
Ability to quickly build strong relationships with stakeholders across Front Office, Operations, Technology, Compliance etc
Ability to work either independently or as an integral team member sharing ideas
Proficient with Microsoft Word, Excel (V-Lookup/Pivot Tables), PowerPoint
Skills That Will Help You Excel
Strong computer and data management skills
Good communication and presentation skills both oral and written
Ability to manage and prioritize numerous tasks simultaneously
Ability to review information and make timely but good decisions
Demonstrate confidence, drive, and enthusiasm
It is the Bank's expectation that employees hired into this role will work in the Jacksonville 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.
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.
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
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@DB.com .
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 authenti-cally 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!
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 .