Relationship Manager, Luxembourg
For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management division.
Together we can make a great impact for our clients home and abroad, securing their lasting success and financial security.
The Relationship Manager works with the Wealth Management Senior Lead to meet agreed sales and revenue targets. The Sales Specialist will generate detailed client / product knowledge, market knowledge and cultivate client relationships in order to generate sales opportunities. The Sales Specialist will work to develop deep understanding of the client need / product detail and Bank’s capabilities with the aim of meeting client satisfaction expectations. The Sales Specialist will be conversant relevant legal, regulatory and Bank policy requirements and operate accordingly. Together with the Lead Salesperson ensure liaison with existing clients. Researching and fostering new client opportunities. Building the necessary working relationships with origination, trading, research, client services, and operations staff – if applicable & to the degree that is commensurate with the business area - to ensure effective end to end client / product delivery.
Responsibilities
- Responsibility for profitability of the customer portfolio
- Responsible for comprehensive, personalized relationship management and training of internal and external customer value creation potential
- Overall responsibility for customer satisfaction and customer loyalty
- Supervision and coordination of administration and business management within the scope of valid processes and policies
- Increase of volume and margin of the customer portfolio and asset management in the form of care
- Professional and strategic management of WM target customers, taking into account an investor-friendly policy and investment advice
- Asset allocation in terms of strategic and tactical asset allocation
- Profit-oriented construction and development of a customer's portfolio by:
- Acquisition (new and existing customers)
- Increasing the share of wallet
- Exploiting cross-selling opportunities
- Managing profit-oriented utilization of the managed client portfolios in the securities
- Development and implementation of structured sales ideas in close collaboration with the Investment Manager
- Establishment and development of a multiplier network
Skills
- Bank training and / or academic training
- 10 years of experience in dealing with (ultra) high net worth individuals
- Sales strength and goal orientation
- High ability to communicate, good interpersonal skills to develop working relationships
- Good knowledge of the framework of the Luxembourg financial centre
- Willingness to travel regionally
- Readiness of mind, pro-active attitude, clear structured working methods
- Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
- Ability to work under pressure and meet deadlines
- Performance orientation and assertiveness
- Very good command of French and English. Other languages will be an added value.
Wellbeing and Benefits
- This is an excellent opportunity for personal and professional development within a collaborative team in an international environment and interacting with highly motivated colleagues across the globe.
- Emotionally and mentally balanced: We support you in dealing with life crises, maintaining stability through illness, and maintaining good mental health.
- Physically thriving: We support you managing your physical health by taking appropriate preventive measures and providing a workplace that helps you thrive.
- Socially connected: We strongly believe in collaboration, inclusion and feeling connected to open up new perspectives and strengthen our self confidence and well being.
- Financially secure: We support you to meet personal financial goals during your active career and for the future.
What we’ll 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 centre.
Hybrid Working: We understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables employees to reach a working pattern that works for them. Eligible employees have the opportunity to work from the office and remotely from home (subject to the role’s eligibility).
How we’ll support you
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
- We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (for example, screen readers, assistive hearing devices, adapted keyboards)
The successful candidate will be asked to present a recent criminal record. All applications will be treated confidential.
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.
Skills Required
- Bank training and/or academic training
- 10 years of experience dealing with ultra-high-net-worth individuals
- Strong sales ability and goal orientation
- Excellent communication and interpersonal skills
- Knowledge of the Luxembourg financial centre
- Willingness to travel regionally
- Proactive attitude and structured working methods
- Proven ability to use AI tools productively and responsibly
- Ability to work under pressure and meet deadlines
- Performance orientation and assertiveness
- Very good command of French and English
- Additional languages
Deutsche Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Deutsche Bank and has not been reviewed or approved by Deutsche Bank.
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Healthcare Strength — Health coverage is positioned as comprehensive, spanning multiple medical plan options along with dental, vision, prescription coverage, life insurance, and disability protection.
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Leave & Time Off Breadth — Time away is described as generous, including annual leave, sick leave, public holidays, wellbeing leave, volunteering leave in some regions, and expanded bereavement leave in certain locations.
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Retirement Support — Retirement support is presented as a matched savings plan (401(k)), reinforcing longer-term financial security as part of the rewards package.
Deutsche Bank Insights
What We Do
At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential. We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity. Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve. Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background. If you’re full of imagination, enjoy solving problems and respond positively to complex challenges, discover a career to look forward to and join us!








