Private Wealth Advisor

The Ad Yard (Pty) Ltd; Gqeberha; On-site; ZAR 732,000 - 1,296,000; Full time

Job summary

FNB Private Banking and Advisory Team seeks a Private Wealth Advisor to deliver wealth creation, accumulation and protection solutions to clients. You will provide holistic advice, review client engagements, and drive VSI through contextual money management principles.

The role emphasizes building long-term relationships, growing the portfolio, and achieving revenue targets within a collaborative bank environment. NCA-compliant, client-centric, and results-driven profile is essential.

Qualifications

• Bachelor-level degree in Finance, Economics or Accounting; CFP preferred.
• 3–5 years’ experience in Investment, Financial Planning, Wealth Management and client-facing advisory.
• Knowledge of local and offshore fiduciary opportunities and wealth solutions.

Responsibilities

• Provide appropriate banking and financial solutions across an allocated portfolio.
• Conduct client reviews and market financial services solutions within the offering.
• Identify opportunities for revenue growth and deliver on sales targets.
• Develop and maintain collaborative relationships across FNB and the First Rand Group.
• Deliver service excellence aligned to values and standards.

Skills

Client advisory

Portfolio management

Relationship management

Education

Degree in Finance/Economics/Accounting

CFP preferred

Tools

Banking systems

CRM systems

Job description

Private Wealth Advisor - R743k - R1.3 mil CTC (R61k to R108k per month)

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our Private Banking and Advisory Team, you will be surrounded by unique talent, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Role Purpose To deliver exceptional experience and education to FNB Private Wealth clients on basic wealth creation, accumulation and overall protection tactics to increase vertical sales index (VSI) and drive client retention and entrenchment through using contextual Money Management principles.

Responsibilities:

• Provide appropriate banking and financial solutions across an allocated portfolio of clients.
• Conduct client reviews within the context of client engagements and market all financial services solutions within the relevant business offering.
• Identify Local and Offshore fiduciary opportunities and advise on client philanthropy.
• Identify and utilise opportunities for revenue growth to deliver on sales targets.
• Achieve revenue and profit targets by growing portfolio base, providing independent holistic advice and solutions that ensure revenue and profit growth.
• Develop, encourage and nurture collaborative relationships within FNB and/or across the First Rand Group.
• Deliver customer experience excellence in own service delivery aligned to Organisational values and service standards.
• Deliver internal and external customer service excellence through adherence to quality service standard.
• Prevent wastage and identify process improvements to contain and reduce costs.

You will be an ideal candidate if you:

• Relevant Degree in - Degree in Finance, Economics or Accounting (CFP preferred).
• Have 3 to 5 years’ experience in a Investment, Financial Planning, Wealth Management, and client facing environment as a Financial Advisor (Banking experience Will be an advantage).

The following sub-category 1 financial products is essential and must be signed off for supervision.

• 1.3 Long-Term Insurance subcategory B1
• 1.4 Long-Term Insurance subcategory C
• 1.5 Retail Pension Benefits
• 1.14 Participatory Interests in a Collective Investment Scheme
• 1.17 Long-term Deposits
• 1.18 Short-term Deposits
• 1.22 Long-term Insurance subcategory B1-A
• Full understanding of money management principles
• Sound working knowledge of required business-related systems.
• Sound working knowledge of Banking and Financial Services Regulatory requirements.
• Knowledge on wealth management creation and accumulation
• Wealth protection or risk knowledge
• Excellent project management skills and able to plan and organize work independently.
• Proven track record in servicing a portfolio of clients and in acquisition of new relationships.
• Excellent knowledge of global financial markets and current affairs
• Ability to match client needs with appropriate product solutions.
• Sound knowledge of the Bank's risk and other mandates to ensure exercising good commercial judgment while representing the Bank's and the shareholders’ interests always.

You will have access to:

• Full understanding of money management principles.
• Servicing a portfolio of clients and in acquisition of new relationships.
• Compliance to legislative and audit requirements and adherence to relevant processes.
• Participate in planned activities that are appropriate for your own development.
• Building working relationships across teams and functional lines to enhance work delivery, collaboration and innovation.

Additional Requirements

In accordance with National Credit Act (NCA) candidates applying for this role will require a credit record check.