Retail Business Consultant (West Rand) At Momentum Distribution Services

MMI Holdings Ltd; Johannesburg; On-site; ZAR 300,000 - 600,000; Full time

Job summary

An established industry player is seeking a Retail Business Consultant to foster strong partnerships with Independent Financial Advisors (IFAs) in the West Rand area. This role focuses on enhancing the IFA's business through strategic engagement, delivering exceptional service, and driving sales performance. The ideal candidate will possess a solid understanding of the financial services landscape and demonstrate outstanding communication and relationship-building skills. With a commitment to innovation and excellence, this position offers a unique opportunity to make a meaningful impact in the financial advisory space while contributing to the company's mission of wealth creation and preservation.

Qualifications

• 3-5 years in financial services and 1-3 years in sales experience.
• Strong business acumen and knowledge of financial services.

Responsibilities

• Engage with IFAs to understand their needs and drive value.
• Analyze and monitor activities to exceed sales targets.

Skills

Sales Skills

Business Acumen

Communication Skills

Relationship Management

Financial Knowledge

Education

3-year BCom degree in Business Management, Marketing, Communications, Finance, or Legal

CFP (advantage)

Tools

Momentum Myriad

Investo products

Job description

Closing Date: 2023 / 03 / 20

Reference Number: MMH230120-17

Job Title: Retail Business Consultant (West Rand) at Momentum Distribution Services

Position Type: Permanent

Role Family: Sales

Cluster: Momentum Distribution Services

Remote Opportunity: Some of the time

Location - Country: South Africa

Location - Province: Gauteng

Location - Town / City: Johannesburg, West Rand

Introduction

Momentum, a financial services provider of choice since 1966, known for its entrepreneurial spirit and innovative culture is committed to wealth creation and preservation, insurance, and income protection for all our clients. We do this through our understanding of the retail insurance, savings, and investment markets in SA.

Role Purpose

The Retail Business Consultant crafts passionate, energetic, and meaningful partnerships with IFAs that will stand the test of time. Product, market, and sales intelligence will set them apart from their counterparts. The consultant / IFA relationship will be strengthened by ease of doing business, first-class services, deep business analysis and continuous improvement of the IFA's business.

Requirements

Qualifications :

• 3-year BCom degree in the following fields: Business Management, Marketing, Communications, Finance and Legal (essential)
• Willingness to study towards the degree and recognition of prior learning if you have 3+ years of experience working in MDS.
• CFP is an advantage.

Experience :

• 3 to 5 years of financial service industry experience (desired).
• 1 to 3 years of relevant sales experience (essential).
• Experience in Momentum Myriad and Investo products is an advantage.
• Strong business acumen with sound knowledge in risk assessments, claims, underwriting, tax, business assurance.
• Knowledge of the financial services industry and insurance products (desired).

Knowledge :

• Knowledge of the financial services industry.
• Knowledge of relevant legislation.
• Knowledge of the sales process.
• Relevant product knowledge.

Duties & Responsibilities

Engage :

• Be visible to the IFA in order to understand their needs and drive their value proposition.
• Visit the IFA and IFA offices based on a defined plan and deliver a message.
• Analyse, monitor and / or increase prescribed weekly activities to exceed sales targets.
• Present the professional, disciplined nature of the IFA Agenda and minutes of all meetings.

Enthuse :

• Understand who we are targeting, the landscape they are working in, competitor influences, events that will enthuse, and critical moments of truth used.
• Ensure long-lasting, deep, and meaningful relationships with the IFA.
• IFAs to move from non-active supporters to active supporters, to ambassadors.

Educate :

• IFA has the perception that Momentum is a thought leader.
• Be the IFA's source of information within Momentum.
• Be accountable, innovative, excellent, honest, diverse, and influential in your business dealings.
• Enable better financial planning and advice outcomes.

Enable :

• Achieve and / or exceed the minimum production targets.
• Achieve and / or exceed the minimum productive IFAs required.
• Brand Ambassadorship
• Leading and Supervising
• Professional standards
• Relating and networking (building rapport and relationships)
• Stress tolerance
• Flawless and effective communication (written and oral)
• Delivering results and meeting stakeholder expectations
• Teamwork and collaboration
• Positively impact and influence on the IFA practice
• Deadline Driven
• Able to travel as much as the job requires and travel documentation in order