Wealth Management Advisor – Unit Trust & Bancatakaful - Georgetown

Bank Rakyat Malaysia Berhad; Penang; On-site; MYR 36,000 - 66,000; Full time

Benefits offered by this job

Base salary

Commission

Annual bonus

Medical benefits

Optical benefits

Wellness program

Professional development

Job summary

Bank Rakyat Malaysia Berhad invites experienced Financial Advisors to join our Wealth Management team in Georgetown. You will provide financial planning consultations centered on Unit Trust investments and Bancatakaful products, helping clients grow wealth within Shariah-compliant solutions.

You will build a robust client portfolio through networking and referrals, deliver needs-based selling with strong presentation skills, and ensure swift account openings and service inquiries.

Qualifications

• Diploma in Banking, Business Finance, Commerce, Economics, or Finance related fields.
• Minimum 2 years in Financial Services Sales role.
• Must possess CUTE license, TBE certification, Takaful Agent license, or Insurance Representative license.
• Multilingual capabilities: English and Bahasa Malaysia.
• Regulatory compliance knowledge: Securities Commission, BNM guidelines, IFSA 2013.

Responsibilities

• Provide comprehensive financial planning consultations for Unit Trust investments, Takaful protection plans, and Bancatakaful products.
• Grow your client portfolio through active networking, referrals, and relationship management.
• Perform needs-based selling using strong sales presentation skills.
• Ensure timely account opening, application processing, and product inquiries resolution.
• Meet or exceed monthly and quarterly sales targets.

Skills

Client networking

Financial planning

Unit Trust investments

Takaful / Bancatakaful

Needs-based selling

Sales target achievement

Multilingual capabilities

Education

Diploma in Banking

Diploma in Business Finance

Diploma in Commerce

Diploma in Economics

Diploma in Finance

Tools

CRM systems

Banking software

Job description

Wealth Management Advisor – Unit Trust & Bancatakaful - Georgetown

Build Your Wealth Management Career with Malaysia's Leading Islamic Bank

Join Bank Rakyat Malaysia as a Financial Advisor and become a trusted Investment Consultant helping clients achieve their financial goals through our comprehensive Unit Trust and Bancatakaful solutions.

What You’ll Do

Provide comprehensive financial planning consultations for clients, focusing on Unit Trust investments, Takaful protection plans, and Bancatakaful products

Grow your client portfolio through active networking, referrals, and relationship management

Perform needs-based selling using strong sales presentation skills

Ensure timely account opening, application processing, and product inquiries resolution

Meet or exceed monthly and quarterly sales targets

Who We're Looking For

Essential Requirements for Financial Advisory Roles:

Education: Diploma in Banking, Business Finance, Commerce, Economics, or Finance related fields

Experience: Minimum 2 years as Financial Services Sales Executive, Insurance Agent, Unit Trust Consultant, Bancassurance Officer, or Retail Banking Officer

Licenses: Must possess CUTE license, TBE certification, Takaful Agent license, or Insurance Representative license

Bonus Points for Wealth Management Professionals:

Professional certifications (CUTE, TBE)

Experience in Islamic banking, Shariah-compliant products, portfolio management, or private banking

Multilingual capabilities (English, Bahasa Malaysia or local dialects)

Regulatory compliance knowledge (Securities Commission, BNM guidelines, IFSA 2013)

What We Offer

• Base Salary: RM 3,000 – RM 5,500 for Senior Financial Consultants
• Performance-Based Commission: Eligible upon achieving a 60% sales target
• Unlimited Earning Potential: Subject with the achieved sales target
• Incentives & Rewards: Annual bonuses (Based on sales target achieved)
• Professional Development Allowance: Financial support for Financial Planning certifications
• Full medical benefits, including hospitalization, specialist consultations, and emergency care
• Optical benefits covering eye tests, prescription glasses, contact lenses, and related treatments
• Health screening and wellness programs to support overall wellbeing
• Flexible client meeting arrangements within working hours
• Perks and benefits Staff Financing, Flexi Benefits, Allowance

Continuous Learning & Career Growth

In-depth training programs on Islamic finance and investment products

Sponsorship for professional certifications in wealth management

Internal career progression, prioritizing relationship managers and branch-level roles

Team-oriented environment with guidance from experienced senior advisors

Access to modern banking tools, CRM systems, and financial planning technology

Employee recognition programs and exclusive top performer rewards

Banking & Credit More than 10,000 employees

Bank Rakyat was established on 28 September 1954 under the Cooperative Ordinance 1948 (known as the Cooperative Societies Act 1993). Today, Bank Rakyat is the biggest Islamic cooperative bank in Malaysia.

We continue to expand our product range and customer facilities that are varied and innovative. The products and facilities include consumer banking, commercial financing, savings, and investments as well as products of financial planning to satisfy the many demands of a wide spectrum of modern day customers.

As an entity under the control of the Ministry of Domestic Trade, Cooperatives and Consumerism, we are committed to support the mission of the Ministry to consolidate the cooperative sector as the mainstay of economic growth of the nation via all the efforts and steps that we have arranged.

Bank Rakyat was established on 28 September 1954 under the Cooperative Ordinance 1948 (known as the Cooperative Societies Act 1993). Today, Bank Rakyat is the biggest Islamic cooperative bank in Malaysia.

We continue to expand our product range and customer facilities that are varied and innovative. The products and facilities include consumer banking, commercial financing, savings, and investments as well as products of financial planning to satisfy the many demands of a wide spectrum of modern day customers.

As an entity under the control of the Ministry of Domestic Trade, Cooperatives and Consumerism, we are committed to support the mission of the Ministry to consolidate the cooperative sector as the mainstay of economic growth of the nation via all the efforts and steps that we have arranged.

To help fast track investigation, please include here any other relevant details that prompted you to report this job ad as fraudulent / misleading / discriminatory / salary below minimum wage.

Researching careers? Find all the information and tips you need on career advice.