
Job Posting Title: Private Bank Operations
3 days ago
**Job Posting Title: Private Bank Operations - Middle Office Operations Manager, VP**:
**Job ID**:R0386975
**Full/Part-Time**:Full-time
**Regular/Temporary**:Regular
**Listed**:2025-04-28
**Location**:Singapore
**Position Overview**:
**Details of the Division and Team**:
Deutsche Bank’s Private Bank business 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.
**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:
- Flexible benefits plan including virtual doctor consultation services
- Comprehensive leave benefits
- Gender Neutral Parental Leave
- Flexible working arrangements
- 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement
**Your key responsibilities**:
- Transaction Management: Monitor and oversee the end-to-end processing of trades, cash movements, foreign exchange, and other client instructions.
- Client Support: Provide operational support to Relationship Managers, ensuring timely and accurate execution of client transactions and resolution of any operational issues.
- Process Improvement: Identify inefficiencies and implement process enhancements to improve turnaround times, minimize errors, and optimize the client experience. Continuously review operational workflows for efficiency improvements.
- Reconciliation & Controls: Oversee daily reconciliations of cash, securities, and positions. Ensure robust control frameworks are in place to mitigate operational risk.
- Payments: Ensure payments are processed accurately, timely and meet compliance requirements. Act as escalation point for payment delays and errors.
- Reporting: Prepare and deliver regular operational reports to senior management, highlighting key metrics, issues, and process improvements.
- Project Management: Lead or support operational initiatives, technology upgrades, and regulatory change projects impacting the private banking middle office.
- Training & Leadership: Mentor and develop middle office staff, promoting a high-performance, client-centric culture. Assign tasks, monitor team performance and conduct regular performance reviews.
**Your skills and experience**:
- 7-10 years of experience in private banking, wealth management, or related operations roles.
- Strong understanding of financial instruments, trade lifecycle and private banking products.
- An individual with team management experience; a team leader who can multi-task effectively in a dynamic environment, appreciate diversity and follow through assignments within tight schedules.
- Degree majoring in Banking, Accountancy or Business Administration or related discipline.
- Excellent analytical and problem-solving skills.
- Strong organizational and multitasking abilities.
- High attention to detail and accuracy.
- Strong communication and interpersonal skills to interact with senior stakeholders.
- Leadership skills and experience managing teams.
- Proficiency with core banking systems and operations platforms (e.g., Avaloq)
Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.
**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.
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