Investment (University Graduates)

CORNERSTONE ADVISERS PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A financial advisory firm located in Singapore is seeking a professional to manage client relationships, conduct financial assessments, and provide tailored investment recommendations. The role involves monitoring market trends, managing investment portfolios, and ensuring compliance with industry regulations. Ideal candidates should have strong communication skills and a proactive approach to client service.

Responsibilities

• Meeting with clients to understand their financial status and objectives.
• Conducting financial assessments to develop tailored financial plans.
• Monitoring market trends to identify investment opportunities.
• Recommending suitable investment products to clients.
• Developing and managing client investment portfolios.
• Preparing financial reports and projections for clients.
• Explaining financial concepts and options to clients.
• Adhering to regulatory requirements and internal policies.
• Sourcing new clients through networking and marketing.

Job description

Main Responsibbilities include:

• Client Relationship Management: Meeting with existing and prospective clients to understand their financial status, objectives, and risk tolerance. Building and maintaining long-term, trusting relationships is crucial.
• Financial Analysis and Planning: Conducting comprehensive financial assessments and analyzing client data to develop tailored financial plans and investment strategies.
• Market Research and Analysis: Continuously monitoring market trends, economic indicators, and regulatory changes to identify investment opportunities and potential risks.
• Investment Recommendations and Execution: Recommending suitable investment products (such as stocks, bonds, mutual funds, insurance, and structured products) and, often with discretionary authority, executing trades on behalf of clients.
• Portfolio Management: Developing, implementing, monitoring, and rebalancing client investment portfolios to ensure they align with the clients' goals and market conditions.
• Performance Monitoring and Reporting: Regularly reviewing client accounts, tracking investment performance, and preparing detailed financial reports and income projections for clients.
• Education and Guidance: Explaining complex financial concepts, investment options, and potential risks to clients in an accessible manner, empowering them to make informed decisions.
• Compliance and Ethics: Adhering to all internal policies, industry rules, and regulatory requirements (e.g., "Know Your Client" standards, anti-money laundering laws) to ensure the highest standards of ethics and professional conduct.
• Business Development: Actively sourcing and acquiring new clients through networking and marketing efforts to grow the client base.

Things you will assist on

• Emergency Fund First: Before investing, build an emergency fund covering 3 to 6 months' worth of expenses and park it in liquid, low-risk options like a high-yield savings account, Singapore Savings Bonds, or T-bills.
• Start Early and Consistently: The power of compounding means starting early is crucial. Aim to save and invest about 10-20% of your income each month.
• Leverage Employer Benefits: If your employer offers a retirement plan or other benefits (e.g., a matched percentage for a 401k in some countries, though less common in Singapore), contribute at least enough to get the full employer match, as it's essentially "free money".
• Diversification and Low-Cost Funds: Avoid putting all your money into a single stock or asset. A good starting point is to invest in low-cost, diversified Exchange-Traded Funds (ETFs) or index funds that track broad markets (like the S&P 500).
• Understand Your Risk Tolerance: Your investment strategy should align with your goals, timeline, and comfort level with market fluctuations.
• Utilize CPF: Understand how your CPF contributions work. You can use your CPF Ordinary Account for housing or investments through the CPF Investment Scheme (CPFIS). Cash top-ups to your CPF Special/Retirement Account offer attractive, risk-free interest rates and potential tax relief.
• Avoid High-Interest Debt: Prioritize paying off any high-interest debt, such as credit card bills or education loans, to save on interest charges.