Sales Coverage Support, AVP

Job Title: Sales Coverage Support, AVP 

Location: Mumbai, India

Role Description

• Deutsche Bank’s Private Bank business is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management.
• As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations, we create lasting value for clients.
• We specialize in developing bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits.
• The individual will perform credit checks using the core banking platform.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Review and validation of client transactions that have been halted by core banking system for manual validation.
• Assess the transaction and challenge the requestor for the availability of funds or credit approval where appropriate.
• Determine and prevent client transactions that would result in collateral shortfall or limit excess post transaction unless prior approval is in place.
• Handle time sensitive transactions in a timely manner (across APAC and Middle East time zone) and escalate issues where appropriate. Ability to understand issues and appropriately escalate to Management in a timely fashion

People Management

• Create an environment where people management and development is the number one priority. Empowers, manages, coaches and mentors direct reports in the organization
• Drives the achievement of high performance through effective career management of direct reports, providing equitable opportunities, supporting succession planning and talent management processes to ensure continuous development of people capability & delivery of results
• Acts as a management role model, communicating SMART business driven objectives at the beginning of the year, ensuring every team member has regular, continuous and constructive performance reviews, encouraging career development, nurturing talent and fostering diversity
• Proactively manages tough people decisions to ensure people performance is aligned with organization imperatives and needs. Addresses individual performance issues, where necessary, to drive for high performance.

Your skills and experience

• Educational qualification: Masters in Finance or equivalent Master’s degree.
• Prior work experience of at least 10 years in financial services preferably in Wealth Management business
• Possesses good analytical skills and an independent decision-maker mindset with ability to support or defend conclusions.
• Demonstrate familiarity with Wealth Management product & services particularly with Lombard Lending
• Demonstrate an understanding of underlying credit risks associated with client transactions on the collateral used for Lombard Lending
• Working experience from the Private Banking or Wealth Management business is an added advantage
• Strong team player, also able to meet tight deadlines and multi-task
• Self-motivated and goal orientated and a ‘can do’ personality, who is able to work in a high paced environment
• Willing to learn and take on additional scope of work with training
• Good communication skills (oral and written) and interpersonal skills
• Strong stakeholder management skill
• Meticulous, methodical and concise, with a strong attention to detail
• Relevant investment experience, coupled with a good sense of integrity

How we’ll support you

• Training and development to help you excel in your career
• 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

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

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.