Private Bank - Client Service Executive, North Asia, AVP

Details of the Division and Team: Deutsche Bank Private Banking 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 intense and stable business model for the bank. The business are looking for a Client Service Executive to support the Relationship Managers (RMs) and Investment Managers (IMs) in the day to day servicing of clients through processing transactions, resolving account/payment problems and providing all round operational support. The role will sit in a centralized team reporting to a local manager. What we will offer you: A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center. You can expect: Competitive Salary and non-contributory pension 20 days annual leave plus generous number of public holidays Life Assurance and Private Healthcare for you and your family A range of flexible benefits including retail discounts, gym benefits, wellbeing incentives The opportunity to support a wide ranging CSR program plus take volunteering leave days Your key responsibilities: Handling general inquiries from clients and assisting RMs in all aspects of client services to ensure clients’ need are met Taking and executing clients’ orders, including but not limited to money market, securities and FX spot transactions; checking appropriateness/suitability where required Processing and following-up to completion of all client payment instructions in a professional and timely manner relating to both internal and external requests; including call backs, signature verification, balance checks, instruction input and record keeping; critically assessing the transaction behavior and keeping the RM informed for AML purposes Providing regular updates to RMs with respect to unauthorized overdrafts and preparing credit excess reports Assisting in the execution of the periodic fee run by ensuring RMs are informed of any insufficient balances Preparing and distributing client related administrative documentation; including account opening packs, valuations (both ad-hoc and diarized) and other client related documentation Assisting in the account opening and closing process, ensuring that the proper documentation is obtained in line with AML requirements Conducting due diligence searches in connection with "Know Your Client" policies and procedures; including media searches, PCR and Companies House Updating clients’ account/investment/market information in the system in an accurate manner, ensuring that all documentation is managed appropriately Keeping RMs informed with all business, transaction records and client interactions at all times Ensuring RMs are aware of any Corporate Actions and follow up through to completion Processing the periodic rolling of all Structured Loans, Lombard Loans and Time Deposits,