Summary
Deutsche Bank Wealth Management is hiring a Relationship Manager in Dubai to serve as the primary contact for wealth management clients. The role focuses on developing HNW/UHNW relationships, acquiring new clients and assets, growing existing business, and recommending suitable investment products in partnership with Investment Managers. Responsibilities include portfolio reviews, revenue and net new asset generation, and oversight of AML and KYC matters. Applicants should have a master’s degree, preferably in finance, 10–12 years of industry experience, fluent English, and a strong client network; CFA or MBA is desirable.
The posting
As published on db.com. Pulled from the employer's site and shown as they wrote it.
Relationship Manager, Middle East - Dir/MD
Job ID:R0402207
Listed: 2026-04-28
Regular/Temporary: Regular
Location: Dubai
Position Overview
Your Role
You as a Relationship Manager are the primary point of contact for clients to access the entire suite of wealth management capabilities and solutions offered by Deutsche Bank Wealth Management. This is achieved by working in close partnership with the Investment Manager (IM) in the day-to-day planning and servicing for the client. You are responsible for acquiring new clients - who are in line with the business proposition of the bank - and assets as well as grow existing business relationships, assuring a holistic and high-standard client experience.
Your Key Responsibilities
- Identify, develop and maintain HNW/UHNW relationships.
- Increase wallet share/AuM by undertaking a business development, sales or relationship management approach as appropriate.
- Responsible for the overall Net New Assets creation and revenue generation on the respective books in a scalable and efficient way.
- Balance client relationship, prospect buiding, investment growth, administrative compliance, personal growth and development on a day-to-day and longer-term basis.
- Plan and manage resources (time, budget) to run an optimal business.
- Recommend investment products and services that are suitable for clients based on their objectives, resources, time, horizon, risk profile and preferences.
- Review client portfolios periodically to ensure the portfolio performance is aligned with clients’ investment objective and risk profile.
- Partner with IMs in covering clients to discuss/manage financial goals, risk tolerance, research/analyze market conditions, provide bank views of various investment types, recommend asset allocation and provide explanation on how they benefit/hinder investment objectives.
- Act as the Accountable Client Owner with responsibility for all AML aspects of the client relationship; including KYC and account behavior.
- Establish and maintain relationships with the management teams and informing management of any circumstances that require supervisory attention/review/approval.
- Work in close co-operation with other coverage, product and support functions to deliver DB’s value proposition, leveraging also other DB divisions where possible.
- Actively support the business / growth strategy, plans and values, new products and services, contributing to the achievement of a high performing team.
- Participate in relevant client social events as well as in PR and other marketing activities.
Your Skills and Qualifications
- Masters degree with a background in Finance preferable
- Certified Chartered Financial Analyst (CFA) or Master of Business Administration (MBA) is desirable
- Fluency in English is a prerequisite
- At least 10-12 years industry experience
- Excellent communication and collaboration skills
- Client-oriented, solution-oriented and able to work in a high paced environment under pressure
- Superior investment acumen and solid network of clients in the target coverage market is required
- Good understanding of Governing Regulatory Framework
- Strong Collaboration skills and excellent communication skills with a positive approach
- Professional integrity
- Ability to manage resources and allocate them for most effective use
- Willing and able to develop other staff
You can expect:
- Life Insurance
- Accidental Death Insurance
- Permanent Partial Disability Insurance
- Private Medical Insurance for you, your spouse and dependent children
- Flexible working arrangements
- 30 days of annual paid leave, plus public holiday & Flexible Working Arrangement
- DB contributions to DIFC Employee Workplace Savings (DEWS)
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.