Portfolio Manager

Sanlam; Durban; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Sanlam Private Wealth in Durban seeks an experienced investment professional to manage client portfolios for HNW and UHNW clients. You will construct portfolios, build the client base, and maintain relationships while aligning client holdings with model portfolios and monitoring market movements.

You will provide holistic advice across the Sanlam Private Wealth value proposition, interacting with fiduciary, tax, credit-backed lending services, and intermediaries to deliver tailored solutions.

Qualifications

• Minimum of 5 years’ relevant experience in the investment management industry.
• Knowledge and experience in management of equities and multi-asset portfolios.
• Post graduate degree (B.Sc., B.Com. or B.Bus.Sc.).
• RE 5 exam applicable to CAT II.
• JSE Trading exam qualification.
• Understanding FAIS Act.
• Studying towards CFA or FRM would be advantageous.

Responsibilities

• Managing client investment portfolios for HNW, UHNW and family office clients.
• Portfolio construction.
• Building an asset base / business development.
• Maintaining client relationships.
• Aligning client portfolios with model portfolios.
• Monitoring portfolios and market movements.
• Obtaining client instructions for corporate actions etc.
• Completion of new client mandates.
• Provide holistic advice across the Sanlam Private Wealth value proposition.

Skills

Client relationships

Wealth management

Trading knowledge

Bilingual Afrikaans/English

Education

B.Sc./B.Com./B.Bus.Sc.

RE5 (CAT II)

JSE Trading exam

FAIS Act knowledge

CFA/FRM advantageous

Job description

Who are we?

Sanlam Private Wealth crafts customised investment portfolios for high-net-worth private clients, charitable institutions, trusts and corporate entities.

With assets under management and administration of more than R240 billion, we offer a comprehensive and integrated suite of wealth management solutions. These include equity, retirement and offshore investment portfolios, fiduciary and tax services, an equity-backed finance offering, a global stockbroking service and derivatives trading.

At Sanlam Private Wealth, our clients are at the core of everything we do. For this reason, we employ people with passion - individuals who thrive in an entrepreneurial, high-energy environment.

Sanlam Private Wealth is part of the Sanlam Investment Group - the largest, most diversified investment firm in South Africa, with a growing footprint on the African continent and in India.

What will you do?

• Managing client investment portfolios for HNW, UHNW and family office clients
• Portfolio construction
• Building an asset base / business development
• Maintaining client relationships
• Aligning individual client portfolios with model portfolios
• Monitoring individual portfolios and dealing with market movements and research
• Obtaining client’s instructions with regards to corporate actions, dividends etc.
• Completion of new client mandates
• Provide holistic advice across the entire value proposition of Sanlam Private Wealth including client access to Fiduciary & Tax, credit backed lending etc
• Be able to converse with clients through intermediaries and direct clients

What will make you successful in this role?

• Knowledge of the Private Client industry
• Strong client relationships
• Wealth management background
• Local/Offshore trading knowledge

Qualifications and experience

• Minimum of 5 years’ relevant experience in the investment management industry (preferably with an established client base).
• Knowledge and experience in the management of equities, multi-asset class portfolios, portfolio construction and understanding trade-offs in risk and return.
• Post graduate degree (B.Sc., B.Com. or B.Bus.Sc.)
• Relevant Regulatory exam qualification RE 5 applicable to CAT II
• JSE Trading exam qualification
• Understanding and knowledge of the FAIS Act.
• Studying towards a relevant post graduate qualification would be advantageous (CFA, FRM)

Knowledge and skills

• Fully bilingual [fluent in Afrikaans / English reading, writing and communication]
• The ability to set and maintain high work standards
• Previous related experience, preferably within wealth management or stockbroking
• Results orientation / self-starter
• Good interpersonal and communication skills
• An understanding of the financial markets
• Integrity in conducting all business activities
• The ability to promote the organization & self

Personal qualities

• Strong numerical orientation
• Highly organized with a high level of customer focus
• Accurate and detail orientated
• Critical and analytical capability
• Ability to perform well under pressure and show maturity, confidence and resilience
• Excellent listening, communication and interpersonal skills
• Pro-Active approach to work, clients, problem solving
• Learning agility and curiosity
• Assertive
• Passionate ownership for results

Build a successful career with us

We're all about building strong, lasting relationships with our employees. We know that you have hopes for your future - your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth.

Through its five business clusters - Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

Our commitment to transformation

The Sanlam Group is committed to transformation and embracing diversity and our employment equity plan and targets will be considered as part of the recruitment process. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.