Wealth Banker (KZN)

Nedbank; Durban; On-site; ZAR 500 000 - 800 000; Full time

Job summary

A leading banking institution in South Africa is seeking a Wealth Banker to drive growth in the high net worth segment. The ideal candidate will have at least 10 years of experience in banking, especially in private clients. Responsibilities include acquiring and nurturing client relationships, providing tailored banking solutions, and collaborating with specialists to create value-driven solutions. A degree in business or finance and FAIS RE5 certification are essential. The role is based in Durban, KwaZulu-Natal.

Qualifications

• 10 years experience as a banker in a high net worth environment.
• 2 years as a relationship banker.
• FAIS RE5 certification is essential.

Responsibilities

• Acquire and nurture high net worth client relationships.
• Deliver bespoke banking solutions to high value clients.
• Build and maintain a portfolio of high value clients.

Skills

Business writing

Data analysis

Decision-making process

Business Acumen

Relevant regulatory knowledge

Education

Degree in Business / Finance / Marketing

Matric / Grade 12 / National Senior Certificate

Tools

Microsoft Office

Job description

Job Classification

Requisition :

• Melissa CloeteBusiness Unit : Nedbank Private and Wealth : High Net WorthLocation : Nedbank Park Square Campus, Umhlanga, Durban - requires you to be based in the RegionClosing Date : 18 November
• Employment Equity Statement : Preference will be given to Applicants from Underrepresented Groups

Job Family

Sales and Services

Career Stream

Relationship Management

Leadership Pipeline

Manage Self Professional

FAIS Affected

Yes

Job Purpose

Are you passionate about building lasting client relationships and driving growth in the high-net-worth segment?

Nedbank Private Wealth is seeking a dynamic and results-driven Wealth Banker to join our team.

In this role, you will be responsible for acquiring and nurturing new client relationships, delivering bespoke banking solutions to the high value client segment (i.e. SBS; Professional / Financially affluent); by providing great client experiences and understanding client business and household banking needs.

Job Responsibilities

To acquire and deliver banking solutions to the high value client segment (i.e. SBS; Professional / Financially affluent); by providing great client experiences and understanding client business and household banking needs.

Deliver on all targeted products and services as measured through the relevant client management systems and the contribution statement.

Improve client service through delivering relevant products and services according to client needs.

Maintain and build a portfolio of high value, and complex clients.

Unearth client sales / solution opportunities and execute on these opportunities.

Undertake thorough needs analysis across all clients spheres of financial influence and ensure clients are entrenched into Nedbank.

Respond within agreed timelines to tasks and responsibilities deployed onto the relevant systems.

Build and maintain effective professional relationships with high value profile clients through contact management.

Deliver banking solutions that meet client needs.

Understanding client's business, personal and household needs.

Build sound and sustainable client relationships and instil trust among clients that Nedbank is best placed to manage the complexity of their business / personal and household requirements.

Proactively engage clients in a manner that is relevant to their specific circumstances.

Collaborate with specialists in client engagements to cross sell and create value based solutions.

Ensure work is completed to agreed principles, process and procedures; progress reviewed and corrective action taken where necessary.

Comply with risk standards, policies and procedures through training and development as required by group compliance framework.

Facilitate clients compliance correctness in line with Nedbank internal and regulatory standards.

Identify and resolve any work related obstacles and problems and elevate to senior management.

Contribute to the improvement of policies, procedures, standards and processes by applying own experience and insights where applicable.

Understand the bank's risk and credit policy and manage client expectations accordingly.

Obtain buy-in for developing new and / or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

Comply with internal standard procedures to facilitate the execution of client requirements.

Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.

Identify training courses and career progression for self through input and feedback from management.

Ensure all personal development plan activities are completed within specified timeframe.

Share knowledge and industry trends with team and stakeholders during formal and informal interaction.

Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).

Participate and support corporate responsibility initiatives for the achievement of business strategy.

Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

Essential Qualifications - NQF Level

Matric / Grade 12 / National Senior Certificate

Advanced Diplomas / National 1st Degrees

Preferred Qualification

Degree in Business / Finance / Marketing

Minimum Experience Level

10 years experience as a Banker within a Private Clients / High Net Worth banking environment (2 of which as a relationship banker).

FAIS RE5 certification is essential.

Technical / Professional Knowledge

• Microsoft Office

Interpersonal Skills / Client Relationship

• Business writing
• Business terms and definitions
• Relevant regulatory knowledge
• Data analysis
• Business Acumen
• Decision-making process
• Principles of financial management
• Governance, Risk and Controls

Behavioural Competencies

• Building Networks
• Building Trusting Relationships
• Business Acumen
• Driving for Results
• Global Perspective
• Portfolio ManagementSustaining Customer Satisfaction
• Targeting Sales Opportunities

Contact

Please contact the Nedbank Recruiting Team at