Banker Wealth (FAIS)

Absa Group; United States; Remote; USD 80,000 - 120,000; Full time

Job summary

Join a leading financial institution as a Client Manager, responsible for managing high net worth client portfolios. You will devise tactical plans, foster client relationships, and ensure compliance with regulations. This role offers the opportunity to shape client experiences and drive business growth within a dynamic team.

Qualifications

• Postgraduate degree required in Business, Commerce, or Management.

Responsibilities

• Manage and grow a portfolio of high net worth clients.
• Identify and source new High Net Worth relationships.
• Ensure compliance with global standards and regulations.

Skills

Client Relationship Management

Tactical Planning

Compliance

Education

Postgraduate degrees in Business

Postgraduate degrees in Commerce

Postgraduate degrees in Management

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and a strong position as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future, and shape our destiny as a proudly African group.

Job Summary

Manage and grow a portfolio of high net worth clients, trusts, investment holding companies, and businesses, servicing their banking, lending, and foreign exchange requirements. Provide specialist advice and support in developing tactical strategies and plans, or in practice formulation and best practice improvements.

Job Description

New Business Organisation:

• Devise short-term tactical plans to meet annual budgets and targets over 6 to 12 months.
• Identify, develop, and source new High Net Worth and Ultra High Net Worth relationships through personal and client referrals, internal networks within Absa Group Limited, and fostering collaboration within the group and WIMI business unit.
• Achieve personal targets for new and existing clients in Transactional Banking, Credit, FX.
• Refer relevant business to other parts of Wealth Advisory and the broader Absa Group.

Client Service:

• Manage and grow existing client relationships through quarterly meetings and annual credit reviews.
• Maintain high service levels, ensuring collaboration among support teams to deliver excellent client experience.
• Serve as the key contact and coordinator for all client advice related to Transactional Banking, Credit, FX.
• Liaise with internal stakeholders to achieve business objectives in Structured Lending, Advisory, FX, SSG, and Investment Banking.

Client Relationship Management:

• Maintain high service standards for existing clients.
• Act as the primary contact for banking and credit advice and client queries.
• Coordinate between clients and various parts of Absa Group Limited/WIMI and the wider group.
• Participate in credit-related tasks, including client interactions and financial analysis.
• Ensure timely credit reviews and liaise with product teams for credit tasks.

Governance and Control:

• Ensure compliance with global and market standards, regulations, KYC, and operating procedures.

Query Resolution:

• Handle client portfolio queries and act as escalation point for serious issues.

Operational Support:

• Prepare timely documentation for client meetings and follow-up.
• Serve as the main contact for clients' day-to-day administration across services and products.

Education

Postgraduate degrees and professional qualifications in Business, Commerce, or Management are required.

Absa Bank Limited is an equal opportunity employer. Preference will be given to candidates from designated groups to promote diversity.

Absa Bank Limited reserves the right not to appoint to the advertised post.