Investment Manager (FAIS)

With over 100 years of rich history and strongly positioned 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 relationships with existing clients to ensure optimal income streams and profitability uplift from existing portfolio.
Manage the re-investment book to identify opportunities to optimize income by way of margin management.
Further identify opportunities to increase share of wallet from existing base.
Alignment with the Bank’s funding model by identifying Demand Deposits that may be converted into Fixed Term Options thereby providing longevity to the Investment Book. This will be done on a case-by-case basis to ensure minimal margin erosion.

Job Description

NEW INVESTMENT CLIENTS AND REVENUE GENERATION

1. Grow Absa's Deposit market share and footprint in the region through acquisition of profitable and sustainable new investments.
2. Effectively market the investment product range.
3. Develop and manage sales strategies relating to Investment Portfolio Management.
4. Implement sales strategies and operational plans.
5. Proactively build a network that will facilitate the generation of new leads.
6. Proactively research and create target lists for the new business in conjunction with the Banker and other Internal Stakeholders.

SERVICE DELIVERY AND CLIENT QUERY RESOLUTION

1. Provide and maintain excellent service to investment clients across all Segments.
2. Respond to queries/needs in a prompt and appropriate manner so as to ensure no client complaints.
3. Aligning to the SLA of the Processing and Fulfillment Teams.
4. No regrettable losses due to interest claims as a result of service failure.

ALIGNMENT AND ENGAGEMENT WITH INTERNAL STAKEHOLDERS

1. Act as central point of coordination between Treasury, Pricing and the Product Team.
2. Attend all relevant Investment meetings to ensure alignment with process and compliance.

Experience and Education Requirements

1. Investment Management
2. Banking (5 to 10 years)
3. Public Sector
4. Commercial Banking (Small, Medium and Large Business)
5. Pricing
6. RE5 FAIS Accreditation (RE1 Beneficial)
7. NQF 7 (Degree/Diploma)

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (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 whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.