Wealth Manager

Firstrand Namibia Limited; Durban; On-site; ZAR 500 000 - 800 000; Full time

Job summary

A leading financial services organization in Durban is seeking an experienced Wealth Manager. The ideal candidate will drive revenue growth through optimizing existing client relationships and acquiring new clients. Responsibilities include financial forecasting, compliance, and developing strategic sales initiatives. Strong experience in wealth management and a proven track record are essential for success in this role.

Qualifications

• Experience in wealth management and financial services.
• Strong track record of achieving sales targets.
• Proficient in developing and implementing sales strategies.

Responsibilities

• Achieve total revenue targets through client acquisition and optimization.
• Develop and maintain partnerships to facilitate strategic decisions.
• Monitor changes in legislation and industry practices.

Skills

Client relationship management

Financial forecasting

Sales strategy development

Market analysis

Job description

Wealth Manager page is loaded## Wealth Managerlocations: FNB Acacia house, 2 Kikembe Drive, Umhlanga, Durban,

time type: Full time posted on: Posted Today time left to apply: End Date: November 7, (2 days left to apply) job requisition id: R

Job Description

• Provide product support training on Wills, ensure multiple channel relationships, prepare Wills free of legal drafting errors and cross sell
• Achieve total revenue targets by either growing existing clients (optimizing revenue opportunities) or by acquiring new clients.
• Provide information to Finance department on both income and expenditure budgets for the functional area to prepare accurate financial forecasts.
• Establish, align and manage target and budget goals whilst ensuring effective control of costs for a range of functional areas to increase cost efficiency.
• Develop a service culture which builds rewarding relationships, proposes innovations and allows others to provide exceptional client service.
• Develop and maintain a partnership model with staff in the area to facilitate strategic decisions and the application of value‑add practices.
• Maintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stakeholders.
• Benchmark market performance levels and business concepts to aid in target setting.
• Maximize Business Portfolio cross sell opportunities and strengthen client relationships.
• Track, control and influence Wealth sales activities with the specific aim to achieve previously determined sales team targets.
• Translate strategies into actionable goals and execute relevant projects / initiatives aligned to strategic objectives with specific performance measures and control systems to track progress.
• Monitor changes in legislation, regulations, initiatives and relevant industry practices.
• Ensure drafting and implementation of appropriate interventions.
• Ensure compliance with audit requirements.
• Develop appropriate product pricing and costing policies based on marketplace dynamics research.
• Define a Sales portfolio growth strategy in line with predetermined growth targets, which are determined on an annual basis through conducting competitor analysis and innovating new value propositions by developing sales initiatives which align with the various segment strategies.
• Develop a deep understanding of the technical trends, commercial market, competition and trends in the market.
• Research and identify new entrants in the relevant industries (mobile, payments, finance etc.).
• Assess opportunities and threats from these entrants.
• Improve business decisions by providing accurate and reliable business intelligence (information) together with analyzing trends and data.
• Manage own development to increase own competencies.
• Plan and manage performance, skills development, employment equity, talent and culture of team in order to improve innovation, achieve efficiencies and increase competencies.

Employment Equity

All appointments will be made in line with FirstRand Group's Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.