Wealth Management Associate

Our client, a Wealth Management company, is seeking a Wealth Management Associate to join their team and provide exceptional support to the Director, by managing deadline-driven administrative tasks with a strong focus on client-centricity, professionalism, and trust.

The Wealth Management Associate (WMA) will act as an essential partner to the Director, ensuring seamless execution of operational responsibilities to enhance the client experience.

Key Responsibilities:

• Prepare and collate new client onboarding documentation.
• Oversee the management and updating of client CRM profile.
• Liaise with external and internal providers on client specific queries and implementation of instructions.
• Resolve and manage admin related queries or issues with clients directly on behalf of the Wealth Manager.
• Manage the process of preparation of client review packs (with assistance from administrative team and Paraplanners where necessary and as per business requirements).
• Apply basic knowledge of the FAIS General Code of Conduct in daily work.
• Draft and/or check Record of Advice and Replacement disclosure forms accurately and correctly to company internal compliance standards.
• Ensure CDD is done on all clients based on their risk profile according to FICA and company RMCP with guidance from internal compliance.
• Ensure a sound level of product knowledge by keeping up to date with products used by service providers.
• Compile proposal documents based on the Director (Wealth Manager) instruction and recommendations.
• Compile a financial needs analysis and retirement needs analysis based on Director (Wealth Manager) recommendations and instructions.
• Construct & produce Asset Allocation reports for existing clients.
• Construct & produce Proposals for both new and existing clients.
• Prepare Goals Based Wealth Management proposals and reports for clients.
• Prepare Financial Needs Analyses for both new and existing clients.
• Preparation of meeting packs for Family Office clients.
• Draft Record of Advice documents, Replacement Records and other relevant documentation to accompany proposals.
• Assisting the Associate Team and Pod with complex structure onboarding both locally and offshore.
• Constant innovation of client reports.
• Provide technical support e.g. performance queries (using Morningstar Direct analysis software).
• Assist in the development and maintenance of wealth management products / strategies.
• Assist Wealth Managers and Wealth Management Associates troubleshooting Financial Needs Analyses for clients.
• Compile supporting documentation to assist Wealth Managers in proposal process, eg: product structure comparisons.

Qualifications, Skills and Experience:

• A related BComm or BBusSci degree and a Postgraduate Degree in Financial Planning (advantageous).
• CFP designation advantageous.
• RE5 advantageous.
• Experience in and solid knowledge and understanding of the financial planning environment, FAIS (CAT II advantageous), and FICA.
• 3-5 years working experience in the financial planning environment.
• Preparing detailed and complex proposals and financial needs analyses for clients.
• Ability to prioritise, organise and plan around large amounts of information and tasks.
• Ability to execute on a wide variety of tasks with accuracy and within required timeframes.
• High attention to detail and low tolerance for errors.
• Highly numerate.
• Punctual.
• Ability to work very well in a team.
• Fluent in English (verbal and written) and must be confident in communicating with clients telephonically.
• Ability to take initiative.
• Keen interest in Fintech systems.
• Fast learner.

Desired Skills:

• Wealth Management Associate.
• Assistant.
• Financial Services.
• Administrator.