Portfolio Manager, VP

Deutsche Bank; East Farmingdale (NY); Hybrid; USD 145,000 - 185,000; Full time

Job summary

An established industry player is seeking a Portfolio Manager to lead their Discretionary Portfolio Management team. This role offers the opportunity to leverage your expertise in multi-asset portfolio management while collaborating with a dynamic team of professionals. You will provide tailored investment solutions to high-net-worth clients, ensuring their investment needs are met with integrity and excellence. Join a culture that values innovation and collaboration, where your contributions will directly impact client satisfaction and investment offerings. This is a fantastic opportunity for those looking to excel in a hybrid working environment.

Benefits

Generous vacation days

Health and wellbeing benefits

Retirement savings plans

Parental leave

Family building benefits

Employee Resource Groups

Educational resources

Matching gift programs

Volunteer programs

Qualifications

• Proven experience as a multi-asset portfolio manager with a strong performance track record.
• Strong client relationship management skills, especially with ultra-high net worth individuals.

Responsibilities

• Ensure adherence to clients' investment needs and provide customized offerings.
• Engage actively in investment discussions and stay informed about asset allocations.

Skills

Multi-asset portfolio management

Client relationship management

Investment knowledge

Analytical skills

Communication skills

Education

Undergraduate degree

MBA

CFA

Job description

Job Description:

Job Title: Portfolio Manager

Corporate Title: Vice President - Director

Location: New York, NY

Overview

As a Portfolio Manager within our Discretionary Portfolio Management (DPM) investment management function, you will be at the heart of our Wealth Management franchise in the Americas. You will leverage your expertise in multi-asset global portfolio management to provide tailored investment solutions to our DPM eligible clientele and prospects. Your role will involve collaborating closely with portfolio managers, investment strategists, private bankers, and trust officers to ensure seamless maintenance and information provision for underlying products and performance. Your contributions will be instrumental in strengthening our investment offerings and client satisfaction.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You'll Do

• Ensure adherence to clients' investment needs, objectives, and constraints, providing customized investment offerings where necessary
• Uphold the fiduciary concept without exception
• Meet clients' after-sales needs, including communications, performance reporting, and handling ad hoc requests
• Engage actively in investment discussions and stay informed about investment committee/CIO office views and asset allocations
• Keep abreast of developments in the financial industry, including new concepts, theories, and quantitative models
• Comply with Deutsche Bank's regulatory framework, including US federal & state tax laws, ERISA rules, and trust laws
• Establish and maintain a long-term performance record for managed products and accounts
• Introduce new investment ideas to clients, especially in non-traditional asset classes, and position these solutions within client portfolios

How You'll Lead

• Foster effective working relationships across all corporate levels with trust, partnership, and respect
• Exhibit leadership skills with the ability to take initiative and assume responsibility
• Cultivate a positive, effective work environment that encourages open communication, initiative, and a collaborative, problem-solving team culture

Skills You'll Need

• Undergraduate degree required; MBA and/or CFA preferred
• Proven experience as a multi-asset portfolio manager with a strong performance track record
• Comprehensive investment knowledge across public and private markets
• Strong client relationship management skills, especially with ultra-high net worth individuals and families
• Working knowledge of the unique requirements around US trust investing is beneficial

Skills That Will Help You Excel

• Excellent communication skills, both written and spoken
• Strong analytical and problem-solving abilities
• Self-motivated and proactive approach to work
• Ability to work collaboratively in a team environment
• High level of integrity and ethical standards

Expectations

It is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $145,000 to $185,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

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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.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act;Employee Polygraph Protection ActandPay Transparency Nondiscrimination Provision.