Job Description:
Job Title Fixed Income Junior Portfolio Manager
Corporate Title Assistant Vice President
Location New York, NY
Overview
The Fixed Income Junior Portfolio Manager represents a client facing role within the Discretionary Portfolio Management (DPM) Fixed Income Team. In this role, you should have/develop a strong understanding of all segments of the Fixed Income and Cash markets: U.S. Treasury, Government Agencies, Corporate, Municipal and Money Market securities. You will be responsible for providing support to the Portfolio Management team in servicing and managing client portfolios. As a member of the investment team, you are responsible for supporting the Portfolio Managers and the broader Fixed Income team, in the prospecting, implementation and on-going monitoring of client's portfolios. As a team player, you should have a strong desire for the breadth of the role and contribution; ability to perform duties ranging from day-to-day administration to high level portfolio management and needs to work independently with minimal guidance as well as part of a team.
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
- Assist the Portfolio Management team in managing and servicing the Fixed Income DPM clients. Develop and maintain client relationships and responsible for growth of assets of existing clients and cultivating new relationships for DPM, assist and contribute to the Fixed Income team in coordinating overall investment strategy and portfolio construction in line with the overall strategic asset allocation. Accurately assess clients' investment needs, objectives, constraints, as well as to define and implement customized investment strategies accordingly. Communicate with clients on a regular basis to ensure their needs are met. Working with banking teams and investment managers, schedule and conduct regular client meetings as necessary. Diligent in keeping controllable expenses such as overdrafts, errors and claims to a minimum
- Contribution to and support of the investment process. Support and contribute to all DPM/International Private Bank strategic goals and initiatives. Understand and contribute to the completion of operational fundamentals necessary to effectively and efficiency manage the Fixed Income DPM process
- Serve on the Trust Investment Committee (TIC) and Investment Advisory Committee (IAC) committees. Responsible for TIC and IAC documentation (Compliance reporting)
- Demonstrate knowledge and understanding of the entire DPM platform. Develop daily internal and active working relationships with Bankers and Investment Managers
- Remain abreast of the Global Investment Committee views as well as the asset allocations determined by the Americas Regional Investment Committee. Remain up-to-date with economic and market events
- Attend and participate in departmental meetings. Assist in the preparation (and presentation) of pitchbooks, client presentations and prospective client reviews. Ability to handle ad-hoc reporting and presentations using Excel, PowerPoint, and various in-house reporting systems. Ability to handle performance and attribution analysis. Team player with the desire for breadth of the role and contribution; able to perform duties ranging from the day-to-day administration to high level portfolio management
Skills You'll Need
- Undergraduate degree in a finance-related field
- Extensive experience in portfolio management, and/or financial product related job(s)
- Comprehensive investment knowledge
- Demonstrated experience in establishing and maintaining client relationships
- Excellent communication, service, selling and interpersonal skills
Skills That Will Help You Excel
- Organized professional who demonstrates sound judgment; strong analytical tool kit with the ability to instill trust and deliver the desired results
- Relationship builder who develops trust and respect with internal and external stakeholders
- An active communicator who engages with internal and external people; highly collaborative, open, transparent, decisive, able to drive decisions forward
- Self-driven, progressive, innovative, and resourceful professional who embraces change and growth
- Ability to handle sensitive materials and information with discretion
Expectations
It is the Bank's expectation that employees hired into this role will work in the New York City 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 $90,000 to $140,000.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 renumeration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
Learn more about your life at DB through the eyes of our current employees: https://careers.db.com/life
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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 hereto learn more!
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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, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
VisitInside Deutsche Bankto discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.