Financial Adviser AIFA (FAIS)

Absa Group; Qonce; On-site; ZAR 250,000 - 500,000; Full time

Job summary

A leading financial institution seeks a Financial Advisor to identify life risks and advise clients on assurance needs. This role involves managing client portfolios and providing tailored financial solutions, contributing directly to the sustainable growth of client relationships.

Qualifications

• FSCA-Approved Qualification required.
• Regulatory Exam for Representatives (RE5) needed.
• Experience and product-specific training upon onboarding.

Responsibilities

• Source clients and maintain customer satisfaction.
• Document processes and manage sales targets.
• Conduct portfolio reviews for financial planning needs.

Skills

Customer Experience

Risk Management

Sales Management

Education

Bachelor's Degree in Accounting

National Senior Certificate/Matric

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

The role involves identifying long-term (life) risks and advising clients on their life assurance needs using the limited architecture framework. It also includes providing solutions for clients' long-term insurance and financial planning needs through regular portfolio reviews to build a sustainable broker practice.

Job Description

• Source Utilisation: Obtain walk-in clients or data leads from bank staff in branches.
• Customer Experience: Provide service excellence and ensure customer satisfaction.
• Risk and Control: Document and understand processes, control requirements, and risk management frameworks affecting the area.
• Manage Sales and Growth Targets: Ensure correct Policy Relevant Information (PRI) numbers are captured monthly on the EBankpac system, and verify the accuracy of commission statements from the AIFA Commissions department, ensuring PRI numbers reconcile with commissions paid and reflected.

FAIS Fit and Proper Requirements

• FSCA-Approved Qualification
• Regulatory Exam for Representatives (RE5)
• Experience as per the FAIS Act
• Product-specific training upon onboarding
• Class of Business Training
• Continuous Professional Development
• Attest to honesty, integrity, and good standing

Education

• Bachelor's Degrees and Advanced Diplomas in Accounting
• National Senior Certificate/Matric (Grade 12) (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups to promote demographic diversity and workforce equity.

Absa Bank Limited reserves the right not to fill the position as advertised.