Private Bank – Operations Specialist, DSSA - Associate

Job Description:

Details of the Division and Team:    

The Private Bank (PB) combines Deutsche Bank’s private client’s business in Germany and its international business with private and commercial clients together with Wealth Management in a single division.

As a trusted partner of high-net-worth individuals and companies, family offices and foundations, we create lasting value for our clients by developing tailor-made solutions such as wealth planning, asset management with individual risk management, loans and deposits. All this is possible thanks to our global network and our many years of experience.

What we will offer you:         

A healthy, engaged and well-supported workforce is 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:

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 Employee Workplace Savings "Gosi” plan (for Saudi nationals only)

Your key responsibilities:

As an Operations Specialist, you will support the Private Banking business for Saudi Arabia – specifically the DSSA platform. The role holder will work closely with the local Front Office team (Business Heads, Relationship Managers (RM), Client Service Executives, Investment Manager), Compliance, Legal, Anti Financial Crime (AFC) and Business Management Team.

Support the Front Office throughout the complete new customer adoption process, coordinating, and reviewing of legal documentation, ensuring accurate account creation in DB systems, and participating in meetings to support complex account structures and Know Your Client requirements.

Collaborate closely with the Front Office, COO, and relevant stakeholders to implement new products, support business growth, manage client data modifications, oversee account closures, and deliver best‑in‑class client service.

Provide and oversee critical operational services enabling the delivery of innovative and complex financial products, ensuring compliance with all applicable regulations and internal policies, while proactively tracking operational progress and following up with RMs/IMs.

Participate in the continuous assessment of onboarding and static data processes, recommending and implementing enhancements to improve efficiency, robustness, and overall operational quality.

Advise on process exceptions and complexities, offering comprehensive expertise and ensuring effective alignment with operational and regulatory standards.

Collaborate with offshore Wealth Management teams to ensure seamless service delivery and operational support across locations.

Offer subject matter expertise and work with the Agile organization to implement projects.

Take on additional responsibilities aligned with personal development, and performing any other tasks assigned by the team supervisor.

What we look for:

Motivated professional who like to work in a team, have excellent interpersonal skills and willingness to learn. 

You should not only be passionate about financial topics and the capital market but also have a strong interest in expanding your knowledge on Private Bank business.

You can build on your outstanding academical achievements and benefit from working in a professional and diverse environment with some of the best minds in banking.

Your skills and experience:

Education: Bachelor degree in economic or financial a must - Master degree a plus.

Language: Fluent English skills compulsory

Experience: 3 to 5 years of experience ideally in Operations in an International Private Bank.

MS Office Proficiency: Advanced skills in using Excel/PowerPoint/Word

Communication Skills: Excellent written and verbal communication skills for interacting with diverse stakeholders.

Interpersonal Skills: Ability to build relationships, work effectively in teams, and collaborate with others across different locations.

Problem-Solving Skills: Ability to identify and solve problems, often under pressure.

Time Management: Ability to prioritize tasks, manage time effectively, and meet deadlines.

Adaptability: Willingness to learn new skills and adjust to changing priorities and situations.

Analytical skills: Superior analytical skills (including data analysis) as well as being detail-oriented on both strategy and execution.

How we’ll support you:        

Flexible working to assist you balance your personal priorities

Coaching and support from experts in your team

A culture of continuous learning to aid progression

A range of flexible benefits that you can tailor to suit your needs

Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

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.