Wealth Management Service Executive

Opportunity Review: Service Executive, Assistant Vice President - London

This Service Executive role within Deutsche Bank's London office presents a compelling opportunity for individuals looking to deepen their expertise in financial services support within the Private Banking and Wealth Management sector. As an Assistant Vice President, you will play a pivotal role in managing the day-to-day operational needs of internal clients, specifically Relationship Managers (RMs) and Client Service Executives (CSEs). This is a crucial position that demands problem-solving skills, a strong understanding of lending and payments, and the ability to provide comprehensive administrative and operational support.

Advantages for Candidates:

• Career Advancement & Development: The "Corporate Title Assistant Vice President" signifies a role with significant responsibility and potential for growth within a global financial institution. Deutsche Bank emphasizes employee development and wellbeing, offering training, coaching, and opportunities to excel in your career.
• Work-Life Balance: The commitment to a healthy, engaged, and well-supported workforce is evident through their Hybrid Working model, allowing for a flexible work pattern. This is a significant advantage for candidates seeking to balance professional and personal commitments.
• Comprehensive Benefits Package: Beyond a competitive salary and non-contributory pension, candidates can expect 30 days' holiday plus bank holidays, with the option to purchase additional days. The inclusion of Life Assurance and Private Healthcare for employees and their families underscores a commitment to employee wellbeing. A range of flexible benefits, including retail discounts, a Bike4Work scheme, and gym benefits, further enhance the overall value proposition.
• Meaningful Contribution: The opportunity to support a wide-ranging CSR programme and engage in 2 days' volunteering leave per year allows for personal fulfillment and the chance to contribute to social causes.
• Exposure to Core Banking Platforms: Working extensively with Avaloq (or similar core banking systems) and the Credit Approval and Documentation Tool will significantly enhance your technical skillset in a highly sought-after area of financial technology.

Key Considerations for Candidates:

• Mandatory Experience: A foundational requirement is experience in a Private Banking / Wealth Management support function. Candidates without this specific background may find this role challenging.
• Technical Proficiency: Proficiency with Avaloq or similar core banking systems is highly desirable, indicating a need for candidates with a solid understanding of financial operations technology.
• Understanding of Wealth Management: A good understanding of Wealth Management products, services, and the regulatory environment is essential for effectively supporting RMs and CSEs and ensuring compliance.
• High-Volume Workload Management: The role involves processing client instructions, setting up portfolios, and resolving inquiries within tight deadlines. The ability to handle high volumes of work accurately, under pressure, and with tight deadlines is a critical requirement.
• Proactive and Professional Demeanor: The job description emphasizes a positive, can-do attitude, a proactive self-starter mentality, and a high degree of professionalism, ownership, and accountability. Candidates who thrive in autonomous environments and take initiative will be well-suited.
• Internal Client Focus: The primary focus is on servicing internal clients. This requires strong interpersonal skills and the ability to build effective working relationships within the organization.

This Service Executive position offers a structured path for career growth within a reputable global bank, with a strong emphasis on employee wellbeing and development. Candidates with the required experience and a proactive approach are encouraged to explore this opportunity to make a significant contribution to the Private Banking and Wealth Management operations.