Vice President Job at Deutsche Bank, New York, NY

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Job Description

Job Title Trust Officer

Corporate Title Vice President

Location New York, NY or Wilmington, DE

Overview

As the Wealth Management (WM) Trust Officer, you will be responsible for the management and oversight of Deutsche Bank’s WM’s wide variety of trust and estate accounts. You will also manage relationships comprised of testamentary, revocable, and irrevocable trusts including charitable foundations, guardianships, and special needs trusts. We are looking for someone that has strong experience in fiduciary client service as well as administering multigenerational trusts.

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

  • Effectively manage a wide variety of trust and estate accounts and relationships comprised of testamentary, revocable, and irrevocable trusts, including charitable foundations, guardianships, and special needs trusts

  • Administer multigenerational trusts, often with discretionary income and principal payments distributed among multiple family members, while managing financial risk

  • Assist new business officer in developing and closing select business leads

  • Interface with other areas of the trust department such as the tax, investment, and real estate groups

  • Participate in special projects, as required

How You’ll Lead

  • Work closely with private bankers to deliver high service level and develop personal relationships with clients and family members

  • Expand and grow book of business by adding new relationships/assets developed from existing book of business and from external sources and opportunities

  • Manage accounts in accordance with the Bank’s policies and procedures and in accordance with sound fiduciary practices including annual administrative review of each account

Skills You’ll Need

  • Bachelor’s Degree and professional licenses are preferred (Certified Trust and Fiduciary Advisor/ Certified Financial Planner)

  • Extensive experience in fiduciary client service

  • Knowledge and skills in the areas of trust & estate administration, estate planning strategies, and income, gift, and estate tax matters

Skills That Will Help You Excel

  • Exhibit strong interpersonal communication skills; well-developed oral and written skills

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 $110,000 to $220,000. 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.

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

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email HR.Direct@DB.com .

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.



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 .

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