Private Wealth Manager

Carrick Financial Services; Wes-Kaap; On-site; ZAR 450,000 - 650,000; Full time

Job summary

A leading financial services firm in South Africa seeks a Private Wealth Manager with 4-6 years of experience. This role involves sales, client servicing, and financial planning, requiring strong interpersonal skills and the ability to analyze financial needs. Responsibilities include building client relationships, providing professional financial advice, and staying updated with financial products and market trends. The ideal candidate has a passion for client success and robust financial knowledge.

Qualifications

• 4-6 years of experience in financial services, particularly in wealth management.
• Strong communication and interpersonal skills.
• Ability to understand and analyze financial information.

Responsibilities

• Contact potential clients and set up meetings.
• Build and maintain relationships with key clients and stakeholders.
• Provide unbiased financial advice and analysis.
• Monitor financial market trends.
• Attend product provider meetings for updates.

Skills

Sales skills

Client relationship management

Financial advisory skills

Risk analysis

Job description

Private Wealth Manager

Seniority Level: Mid Career (4 - 6 yrs exp)
Type: Permanent
Location: CPT - Northern Suburbs

Duties and Responsibilities

• Sales:
  • Contacting potential clients and setting up initial meetings.
  • Identify and pursue new business opportunities through lead generation, prospecting, and networking.
  • Build and maintain strong relationships with key clients and stakeholders to drive customer satisfaction and loyalty.
  • Promoting and selling financial products to meet negotiated sales targets.
  • Build and maintain client bases, keeping current client plans up-to-date and recruiting new clients on an ongoing basis.
  • Design product functionality with reference to available solutions as per Carrick’s product and investment guide.
• Client Servicing:
  • Contact clients on a quarterly basis to determine any changes in their financial circumstances and provide feedback on current portfolio status.
  • Ensure exceptional client servicing by understanding customer needs, addressing inquiries, and resolving issues effectively.
  • Conduct regular meetings and reviews with key clients to assess satisfaction levels and identify upselling or cross-selling opportunities.
  • Review and respond to clients' changing needs and financial circumstances.
  • Contact clients with updates on new financial products or changes to legislation affecting their savings and investments.
  • Monitor financial market trends to ensure effective plans and identify necessary updates.
• Financial Planning:
  • Provide unbiased and professional advice in the best interest of clients.
  • Analyze financial information to recommend strategies and solutions to help clients meet their financial goals.
  • Produce financial reports and offer expert financial advice, retirement and estate planning, and tax planning.
  • Research and investigate investment opportunities fitting into financial plans.
  • Maintain detailed knowledge of investment, risk, retirement, and estate planning alternatives.
• Risk Management:
  • Complete client risk analyses and act within regulatory requirements.
• General:
  • Attend product provider meetings to keep updated with financial products and legislation.
  • Honor all meetings and engagements.
  • Continue professional development in Financial Services with accredited institutions.