Alternatives Product Specialist, VP - Milan (f/m/x)

Deutsche Bank AG; Lombardia; Hybrid; EUR 67,000 - 100,000; Full time

Benefits offered by this job

Meal allowance

Pension Fund

Welfare Plan

Job summary

Deutsche Bank AG in Milano seeks an experienced wealth management professional to lead the development and management of alternative investments, working with internal sales teams and global partners to deliver bespoke client solutions.

You will drive campaigns for the firm’s alternatives products, manage engagements across private markets, and collaborate with CIO, research, and external managers to create compelling content and insights. Fluency in Italian and English is essential.

Qualifications

• Minimum 5 years in alternatives investment industry with client-facing experience.
• Experience with wealth management, private banking or asset management.
• Strong communication and interpersonal skills, with client engagement focus.

Responsibilities

• Build and maintain relationships with internal sales and partners to promote alternatives portfolios.
• Collaborate with global teams to design campaigns for alternatives products.
• Manage client engagements across private markets and coordinate with sales, research and external managers.
• Develop content on alternatives investments including asset allocation and risk management.
• Onboard structuring partners to scale the business and enhance client experience.

Skills

Alt investments

Private markets

Investor relations

Excel

PowerPoint

Fluent English

Native Italian

CAIA/CFA

Education

Degree in Economics/Finance

CFA/CAIA

Tools

Excel

PowerPoint

Word

Job description

Job ID:R0428441 Full/Part-Time: Full-time

Regular/Temporary: Regular Listed: 2026-09-24

Position Overview

Salary range:67.000 - 100.000 €

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities.

Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management division.

Together we can make a great impact for our clients home and abroad, securing their lasting success and financial security.

Role Intro

Deutsche Bank’s Wealth Management 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.

Responsibilities

Build, develop and maintain relationships with internal sales (RM/IMs) and partner with them to help clients better understand their alternatives portfolios, funds DB are capital raising and the broader alternative investment landscape

Work closely with global teams to design and drive product campaigns for the firm’s alternatives products

Manage strategy-specific existing client engagements across private markets, working alongside sales, fund research and external managers to deliver in a timely manner

Work with CIO, research and external managers to develop content on alternative investments across topics including asset allocation, portfolio construction and risk management

Key role in onboarding structuring partners to help drive scale within the business and develop the client experience when investing in alternative investments

Provide after sales support for internal sales and clients

Manage a range of client and product data analytics (including product performance analyses and analyzing client capital raising outcomes)

Skills

Minimum of 5 years of experience in the alternatives investment industry in a product/client facing role. Prior private markets, hedge funds, manager selection, investor relations, banking or capital markets experience is a must

Strong experience and interest in markets, asset management, and understanding of traditional and alternative asset classes, industry knowledge and background from Wealth Management, Private Banking and Asset Management firms

Exhibit strong communication (verbally & written), interpersonal and organizational skills when engaging internally and externally with clients

Team player that is self-motivated and can demonstrate ability to position alternative investments with success with private clients

Ability to use Excel, Word, and PowerPoint effectively

Degree in Economics, Finance, or related fields. Preferred certifications: CFA, CAIA, EIP/EFA.

Native Italian, Fluent English, German is a plus.

Emotionally and mentally balanced: We encourage work-life balance and we are committed to provide an environment with your development and wellbeing at its centre. We support you in dealing with life crises, maintaining stability through illness, and maintaining good mental health. We promote a culture where you can openly speak about mental health (Personal Support Line).

Physically thriving: We support you managing your physical health by taking appropriate preventive measures and providing an insurance coverage and welfare benefits.

Socially connected: We strongly believe in collaboration, inclusion and feeling connected to open up new perspectives and strengthen our self confidence and well being; we organize conferences, webinar and networking opportunities to share diversity, equity and inclusion contents.

Financially secure: We support you to meet personal financial goals during your active career and for the future. Benefit from meal allowance, Pension Fund, Welfare Plan, banking services for employees.

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.
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.