At a Glance
- Tasks: Manage client relationships and provide top-notch collateral administration services.
- Company: Join Deutsche Bank, a leading global bank with a commitment to inclusivity.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and flexible benefits.
- Other info: Opportunities for coaching, continuous learning, and career progression.
- Why this job: Be part of a dynamic team making an impact in structured finance.
- Qualifications: Experience in corporate trust or loan administration and strong client relationship skills.
The predicted salary is between 50000 - 70000 £ per year.
This job is with Deutsche Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
Position Overview
Working as part of a growing global team, as the Client Services Account Manager you will act as primary contact for your assigned clients providing collateral administration services to Collateralised Loan Obligation (CLOs) and Loan Portfolios. Working closely with sales teams and support teams to deliver best in class service to clients. This is a great opportunity to work in a client facing role within Structured Finance.
What We’ll Offer You
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
- Competitive salary and non-contributory pension.
- 30 days’ holiday plus bank holidays, with the option to purchase additional days.
- Life Assurance and Private Healthcare for you and your family.
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits.
- The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year.
Your Key Responsibilities
- Responsible for a portfolio of transactions, acting as the Relationship Manager and transaction administrator for the respective clients.
- Acting as the Accountable Client Owner for your portfolio of clients, responsible for day-to-day administration and periodic client reviews and attestations.
- Liaising with clients, counterparties and relevant internal departments to ensure transactions and queries are dealt with in an efficient and timely manner, conducting portfolio reconciliation and monitoring of Collateralised Loan Obligation (CLO) and other structured credit transactions.
- Reviewing transaction documentation in conjunction with the in-house legal team, both pre- and post-closing, ensuring the effective processing and settlement of deal related transactions, including cash payments, instructed investments and custody securities settlements.
- The calculation and verification (using in-house systems) of the Interest and Principal Waterfalls and the production of Payment Reports.
Your Skills And Experience
- Relevant experience in a corporate trust, cash management, custody, or loan administration function.
- An understanding of the global financial services industry and debt capital markets and structured finance, with a background in transaction banking in a Securities and/or Equities environment preferable.
- Confident and experienced in client relationships, able to build a rapport and maintain strong relationships with clients.
- Some knowledge of the following: Payment processing, Issuing & Paying Agency Operations, Structured Finance Transaction documentation, Capital Markets Operations.
How We’ll Support You
- 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.
- 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 (e.g. screen readers, assistive hearing devices, adapted keyboards).
About Us
Deutsche Bank is the leading German bank with strong European roots and a global network. Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers. 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.
Client Services Account Manager - Collateralised Loan Obligation (CLO) employer: myGwork - LGBTQ+ Business Community
Contact Detail:
myGwork - LGBTQ+ Business Community Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Client Services Account Manager - Collateralised Loan Obligation (CLO)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who work at Deutsche Bank or similar firms. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by researching the company culture and values. Deutsche Bank values inclusivity and teamwork, so think about how your experiences align with these principles and be ready to share examples.
✨Tip Number 3
Practice your pitch! You’ll want to clearly articulate your experience in client services and structured finance. Make sure you can confidently explain how you can add value to their team and clients.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Deutsche Bank.
We think you need these skills to ace Client Services Account Manager - Collateralised Loan Obligation (CLO)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Client Services Account Manager role. Highlight your relevant experience in corporate trust, cash management, or loan administration, and don’t forget to showcase your client relationship skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about working with Deutsche Bank and how your background aligns with the responsibilities of managing client portfolios and transactions.
Showcase Your Knowledge: Demonstrate your understanding of the global financial services industry and structured finance in your application. Mention any specific knowledge you have about Payment processing or Capital Markets Operations to stand out!
Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s the easiest way for us to review your application and get you on the path to joining our amazing team!
How to prepare for a job interview at myGwork - LGBTQ+ Business Community
✨Know Your Stuff
Make sure you brush up on your knowledge of Collateralised Loan Obligations (CLOs) and the broader structured finance landscape. Familiarise yourself with key terms and concepts, as well as Deutsche Bank's specific approach to client services. This will show that you're not just interested in the role but also understand the industry.
✨Showcase Your Client Relationship Skills
Since this role is all about managing client relationships, be prepared to share examples of how you've successfully built rapport with clients in the past. Think of specific situations where you resolved issues or improved client satisfaction, and be ready to discuss these during the interview.
✨Prepare Questions
Interviews are a two-way street, so come armed with thoughtful questions about the team dynamics, company culture, and what success looks like in this role. This not only shows your interest but also helps you gauge if Deutsche Bank is the right fit for you.
✨Practice Makes Perfect
Conduct mock interviews with a friend or use online resources to practice common interview questions related to client services and structured finance. The more comfortable you are articulating your experiences and skills, the more confident you'll feel during the actual interview.