Private Banking Advisor

Deutsche Bank AG; Delhi; On-site; INR 900,000 - 1,500,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

Childcare assistance

Industry certifications sponsorship

Hospitalisation Insurance

Life Insurance

Health screening

Employee Assistance Program

Job summary

Deutsche Bank AG in New Delhi invites an experienced Private Banking Advisor to join our Private Banking team. You will manage high-net-worth client relationships, advise on investments, mutual funds, PMS and insurance, and drive cross-sell to grow the AUM and fee income.

You will work closely with Head RM, acquire new clients from referrals, group companies, and alliances, while ensuring rigorous risk profiling and regulatory compliance in an individual contributor role.

Qualifications

• Graduation is the minimum qualification.
• 8–12 years of experience in private banking/wealth management.
• Excellent English communication and professional presentation.
• Experience in investments, mutual funds, PMS and insurance.
• Able to leverage AI tools to enhance productivity.

Responsibilities

• Acquire new clients from group companies and referrals.
• Manage and deepen the private banking client portfolio.
• Provide holistic investment guidance across assets and insurance.
• Ensure risk profiling and regulatory compliance for each client.
• Drive cross-sell to increase AUM and fee income.

Skills

Client relationship management

Investments advisory

Cross-selling

English communication

Networking

Education

Graduation

Tools

AI tools

Job description

Job Description:Job Title: Private Banking AdvisorCorporate Title: AVPLocation: New Delhi, IndiaRole DescriptionPrivate Banking is the liability business for Deutsche Bank present in 17 locations across India . This carters to a wide variety of population through its distinct channels like Personal banking, Private Banking and Business Banking.The primary objective is to enhance the value of the savings account portfolio through cross-sell, leading to increase in fee income, to add to that ensure acquisition of new clientele.What we’ll offer youAs part of our flexible scheme, here are just some of the benefits that you’ll enjoy,Best in class leave policy.Gender neutral parental leaves100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs. and aboveYour key responsibilitiesAcquisitionAssist Head RM in executing successful micro-events for acquisition of new clients. Acquire new accounts from group companies / family of existing customers. Acquire new accounts from referrals from existing customersRelationship Building / Deepening / Cross SellEnsure consistent growth of the Savings portfolio. Work closely with the Head RM to establish synergies for maximum penetration of Investment & Insurance sales to new customers along with deepening into the book i.e. AUM. Build a robust momentum with regard to the third party distribution (insurance, auto loans, and mortgages) and fee income to scale up the client portfolio growth, in line with the set targets. Ensure Risk Profiling is done for each customer. Implement customer contact programs to ensure their share of wallet with the bank increases. Close monitoring of average revenue per customer.Your skills and experiencePrivate Clients - Private Banking is responsible for managing the private banking client portfolio and developing investment strategies based on the bank's management philosophy and client objectives. Work includes:Being first point of contact for clients and representing the bank in the market Building client relationships and market networkAttracting and acquiring new clientsProviding holistic advise to clients (including top clients) on investments, pension products, securities, etc.Ensuring client satisfactionMaintaining quality requirements and necessary regulatory requirements and approvalsCandidate should have excellent communication in English and well groomed.Minimum qualification required is Graduation.Minimum Experience should be 8 – 12 Years in relevant field.This is an individual contributor role. Need a Senior Banker, with good knowledge about investments, Wealth Management, Mutual Funds, PMS, Insurance. Acquisition of New to Bank clients.Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.How we’ll support youTraining 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 teamsPlease visit our company website for further information:https://www.db.com/company/company.htmlWe 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.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.