Wealth Banker- Pipeline Sandton

Absa Group; Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading bank in South Africa is seeking a skilled professional to manage a portfolio of high net worth clients. The role involves providing specialized banking, lending, and forex advice, conducting credit reviews, and ensuring compliance with regulatory standards. Suitable candidates should have postgraduate qualifications and a strong background in client relationship management and financial services. This position offers an exciting opportunity to contribute to client growth and success in a dynamic banking environment.

Qualifications

• Strong knowledge of client relationship management and advisory services.
• Proven ability to manage portfolios of high net worth clients.
• Excellent financial analysis and credit review skills.

Responsibilities

• Manage and grow a portfolio of high net worth clients.
• Provide specialist advice for banking, lending, and foreign exchange.
• Conduct quarterly meetings and undertake annual credit reviews.

Skills

Client relationship management

Financial analysis

Transactional banking knowledge

Credit knowledge

Investment banking acumen

Education

Postgraduate Degrees in Business, Commerce, Management Studies

Job description

Empowering Africa's tomorrow, together...one story at a time.With over years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryManage and grow a portfolio of high net worth clients, trusts, investment holding companies and businesses, servicing their banking, lending and foreign exchange requirements.

Provide specialist advice and support in the development of tactical strategy and plans.

AND / OR provide specialist advice and support in terms of practice formulation and associated best practice improvements.

New Business Organisation : Devise short term tactical plans to meet annual budget and targets up to a 6 to 12 month timeframe.

Identify, develop and source new High Net Worth and Ultra High Net Worth relationships through personal and client referrals, Absa Group Limited internal networks and fostering greater collaboration within group and WIMI business unit.

Achieve personal targets for new and existing clients for Transactional Banking, Credit, FX.

Make a contribution to referring relevant business to other parts of Wealth Advisory and / or the broader Absa Group Limited.

Client Service - Manage and Grow Existing Client Relationships : Conduct quarterly meetings with each client in your designated portfolio.

Undertake annual credit reviews to assess the health of your Clients' financial position, with cooperation from the various teams in the region.

Maintain the highest levels of service and delivery to existing clients at all times, ensuring that all teams of specialist support within the region work together to deliver client experience.

Act as the key contact point for all client advice on Transactional Banking, Credit, FX.

Assist in the liaison with various internal stakeholders to assist in achieving business objectives in Structured Lending, Advisory, FX, SSG and Investment Banking fees.

Client Relationship Management : Maintain the highest levels of service and delivery to existing clients at all times.

Be the key contact for all banking and credit (vanilla credit) advice and client queries.

Serve as the key interface between clients and other parts of Absa Group Limited / WIMI and the wider Absa Group Limited.

Involvement in Credit Related Tasks : Engage in client interaction including gathering of information related to Transactional Banking, Credit, FX ensuring efficient client interactions.

Accountable for providing information related to the security status reports and performance of financial analysis.

Ultimately responsible for ensuring that credit review processes are conducted on time.

Liaise with the product houses to ensure credit tasks related to clients in terms of credit reviews, overdrafts and home loans are completed.

Governance and Control : Ensure conformity with global and market standards of client services, regulatory compliance, KYC, product delivery and operating model.

Ensure that all actions are in line with procedures according to the Front Office manual.

Query Resolution : Undertake query resolution related to client portfolio.

Act as the escalation point for serious issues related to client complaints.

Operational Support : Provide accurate and timely preparation of file notes, client letters and other client documentation (e.g. marketing material) for all client meetings and follow up as required.

Act as focal point for clients dealing with day-to-day administration across the range of services and products.

EducationPostgraduate Degrees and Professional Qualifications : Business, Commerce and Management Studies (Required).

Absa Bank Limited is an equal opportunity, affirmative action employer.

In compliance with the Employment Equity Act 55 of , preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.