Client Service Escrow Account Manager - Insurance ...
Deutsche Bank - New York City, NY
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Job Description:Job Title: Client Service Escrow Account Manager - Insurance Trust SpecialistCorporate Title: Vice PresidentLocation: New York, NYOverviewWe are seeking a highly motivated and experienced Client Service Account Manager in our Americas Escrow Team. As the Client Service Escrow Account Manager, you will provide agency services on a diverse portfolio of ReinsuranceInsurance Trust, M&A Escrow, Margin Loans, and other capital market transactions. You will be the primary point of contact for your clients and will be responsible for managing their ReinsuranceInsurance and Escrow needs.What We Offer You A diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift, and volunteer programsWhat You'll Do Manage diverse range of transactions for international and domestic clients; varying in complexity; roles include reinsuranceinsurance trustee, securities intermediary, and escrow agent; manage deal closing processes including KYC, legal review, and post-closing requirementsResponsible for day-to-day management and support of escrow solution transactions, consisting of primary insurance trustManage the client lifecycle end to end from early client implementation and maintenance of transaction; participate in routine client calls and attend industry events and conferences; effectively interface with internal and external counsel, as well as Transaction Management Group (TMG), Sales, Operations, Business Risk and Control, and Compliance; responsible for deepening client relationships and expanding retentive business Approve transactions as required by the legal documents and agreements (investment and cash flow execution via various systems); review compliance items received to determine that they are in good order Ensuring that all weekly and monthly MIS is reviewed, approvedcompleted (CTC Reviews, Ticklers, Terminations, DMS Events & Overdrafts); participate in designated special projects as requiredTimely escalation of relevant matters to team leaders andor product head; ability to effectively manage priorities while balancing competing demands and deadlines; ability to work autonomously while making well informed decisions and seeking guidance whenever necessary How You'll LeadSupervise, train, and develop analyst and junior team membersRepresent the Bank at conferences and Bank sponsored eventsRole model the Bank's values and beliefsSkills You'll Need Bachelor's degree in business and relevant experience in ReinsuranceInsurance Trust and EscrowExperienced Client Service Specialist with Corporate Trust or Global Transaction Banking experience; experienced in reinsurance trust accounts daily activity managementResults-oriented team player who collaborates with others to drive optimal outcomes; effective risk manager, demonstrating the ability to understand and balance internal risk with external client needsExcellent client service orientation, with established experience on insurancereinsurance structures and working with insurance clientsExcellent communication skills; both verbal and writtenSkills That Will Help You ExcelExcellent interpersonal and communication skillsDiligent, organized, strong attention to detailsStrong Knowledge of Microsoft Office- Proficient in MS Excel and MS PowerPointAbility to work in a dynamic and fast paced environmentWorks collaboratively within the organization, as well as independentlyExpectationsIt is the Bank's expectation that employees hired into this role will work in the New York, NY 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 andor religion.The salary range for this position in New York City is $140K to $217K. 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 .#LI-HYBRIDWe 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 - VeteransDisabled 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.
Created: 2025-02-19