Portfolio Manager, VP (New York)

Deutsche Bank

New York, NY 10261

United States

Posted July 1, 2025

{CONTRACTOR,VOLUNTEER,FULL_TIME}

Management

Valid until July 31, 2025

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Job Description

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Position Overview
J ob Title: Portfolio Manager
Corporate Title: Vice President - Director
Location: New York, NY
Overview
As a Portfolio Manager within our Discretionary Portfolio Management (DPM) investment management function, you will be at the heart of our Wealth Management franchise in the Americas. You will leverage your expertise in multi-asset global portfolio management to provide tailored investment solutions to our DPM eligible clientele and prospects. Your role will involve collaborating closely with portfolio managers, investment strategists, private bankers, and trust officers to ensure seamless maintenance and information provision for underlying products and performance. Your contributions will be instrumental in strengthening our investment offerings and client satisfaction.
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

Ensure adherence to clients’ investment needs, objectives, and constraints, providing customized investment offerings where necessary
Uphold the fiduciary concept without exception
Meet clients’ after-sales needs, including communications, performance reporting, and handling ad hoc requests
Engage actively in investment discussions and stay informed about investment committee/CIO office views and asset allocations
Keep abreast of developments in the financial industry, including new concepts, theories, and quantitative models
Comply with Deutsche Bank’s regulatory framework, including US federal & state tax laws, ERISA rules, and trust laws
Establish and maintain a long-term performance record for managed products and accounts
Introduce new investment ideas to clients, especially in non-traditional asset classes, and position these solutions within client portfolios

How You’ll Lead

Foster effective working relationships across all corporate levels with trust, partnership, and respect
Exhibit leadership skills with the ability to take initiative and assume responsibility
Cultivate a positive, effective work environment that encourages open communication, initiative, and a collaborative, problem-solving team culture

Skills You’ll Need

Undergraduate degree required; MBA and/or CFA preferred
Proven experience as a multi-asset portfolio manager with a strong performance track record
Comprehensive investment knowledge across public and private markets
Strong client relationship management skills, especially with ultra-high net worth individuals and families
Working knowledge of the unique requirements around US trust investing is beneficial

Skills That Will Help You Excel

Excellent communication skills, both written and spoken
Strong analytical and problem-solving abilities
Self-motivated and proactive approach to work
Ability to work collaboratively in a team environment
High level of integrity and ethical standards

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 $145,000 to $185,000. 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 remuneration.
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 here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: 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 .
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.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .