Private Banking Intern - 12 to 15 months

Deutsche Bank; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading global financial institution is offering a Junior Talent Program in Dubai. This 12-to-15-month program provides an opportunity to develop skills in Private Banking. Participants will assist colleagues, support client onboarding, and gain exposure to various banking functions. Ideal candidates are recent graduates or those transitioning careers, fluent in English and Arabic, and capable of working in teams. Experience in financial services is advantageous.

Benefits

Health-promoting work environment

Diversity and inclusion initiatives

Qualifications

• Recent graduates or professionals with up to 18 months work experience.
• Exposure to financial services is a plus.
• Self-motivated team players are preferred.

Responsibilities

• Assist Private Banking colleagues in daily tasks.
• Prepare reports and support compliance tasks.
• Support onboarding and KYC process for new clients.

Skills

Fluency in English and Arabic

Communication skills

Analytical capabilities

Education

Undergraduate or graduate degree

Tools

Word

Excel

PowerPoint

Job description

Position Overview

The Deutsche Bank Junior Talent Program is a 12-to-15-month program that offers a unique opportunity to gain real-world exposure in Private Banking. Designed to help you develop your skills through formal training and continuous support, you will be integrated into our day-to-day activities and quickly gain the confidence to take on real projects by learning first-hand how and what we deliver for clients worldwide.

About the Program

As a participant of this program, you will:

• Learn about the firm and how we do business
• Gain the skills and knowledge necessary to support our businesses
• Have access to the training and guidance to help you prepare for the next level
• Build valuable professional networks and interact with colleagues across the firm

Eligibility

Recent 2024 and 2025 graduates with an undergraduate or graduate degree from all academic backgrounds or professionals with no more than 18 months of full-time work experience looking to make a career transition are welcome to apply.

About The Division

Deutsche Bank Private Bank (PB) 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. All this is possible thanks to our global network, our many years of experience and our close collaboration with the Corporate Bank, Investment Bank and DWS.

We aim to become a highly competitive global wealth manager by combining financial strength and stability with trustworthy partnership and forward-thinking in order to build sustainable and beneficial client relationships. As a growth business for Deutsche Bank, we contribute towards building a more balanced, less capital intensive and stable business model for the bank.

What You\'ll Do

As a Junior Talent with the PB Middle East team, you will collaborate with Private Banking colleagues in achieving their financial (Net New Assets, Revenue, Asset Under Management), operational and risk objectives. This is achieved by working in close partnership with Relationship Managers/ Investment Managers/ Account Managers in the day-to-day planning and servicing for the clients.

You will be immersed in real responsibilities such as:

• Assisting PB Middle East Private Banking colleagues in daily tasks
• Preparing reports, summaries, meeting notes and supporting compliance-related regulatory tasks
• Learning and applying front-office systems
• Supporting client relationship teams with onboarding and KYC process(es) of new clients, including documentation and compliance checks
• Supporting the Sub-Region Head in strategic projects and execution such as expanding the Middle East footprint through offshore and onshore collaboration
• Collaborating cross functionally with key internal partners including CLM / Compliance / Legal / Products / Advisory and Sales and DB WM’s entire range of product specialists to deliver the firm’s best capabilities, solutions and investment thinking
• Acting within professional, legal and ethical boundaries and guidelines, in accordance with all internal and external compliance regulations and the Code of Ethics and Conduct
• Flagging and managing reputational risks and conflict issues

The Junior Talent Program is an ideal way of finding out whether a career in Private Banking meets your needs and aspirations.

Skills and Qualifications We Are Looking For

• Fluency in English and Arabic
• Previous internships or exposure to financial services, the Private Banking business and/or capital markets is a plus
• Excellent written and verbal communication skills, proficiency in Word, Excel, and PowerPoint, and excellent interpersonal skills to work effectively in teams
• Excellent analytical capabilities with a high attention to detail and accuracy
• Self-motivated and proactive team players who can build strong relationships and work effectively in a team environment across different locations

Well-being And Benefits

Deutsche Bank is committed to creating a health-promoting and caring work environment where our people can be themselves, feel supported and happy, so they can perform at their best and thrive in their careers.

Deutsche Bank and Diversity

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital/civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation, or disability. We guarantee that your application will remain anonymous and be treated confidentially. Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.

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, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.