Wealth Manager (KZN)

Nedbank; Durban; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial institution in Durban seeks a Wealth Manager to oversee high net-worth clients' investment and banking needs. The successful candidate will possess a Professional Degree and have a minimum of 3-5 years in financial planning or wealth management. Responsibilities include formulating wealth strategies, advising clients, achieving sales targets, and ensuring compliance with legal requirements. This is an excellent opportunity for driven professionals ready to make a significant impact.

Qualifications

• 3-5 years related experience in Financial Planning/Wealth Management acquisitions/sales is essential.

Responsibilities

• Formulate innovative wealth solutions for high net-worth clients.
• Achieve sales targets by advising clients on investment, risk, and banking solutions.
• Acquire new business to increase market share in line with segment specifications.
• Maximise profitability through cross-selling and comprehensive banking services.
• Maintain expert knowledge of all wealth products and application procedures.
• Educate clients on products to enhance retention and boost sales revenue.
• Ensure compliance with all relevant legislative and governance requirements.
• Develop networks and collaborate across teams to support client needs.
• Lead and support the wealth management team effectively.

Skills

Microsoft Office

Cross and Up - selling

Building Customer Relationships

High-Impact Communication

Driving for Results

Aligning and Executing Sales Strategy

Creating a Service Reputation

Education

Professional Qualifications/Honour’s Degree

Degree in Commerce/Finance/Business Science

Post Graduate Diploma in Financial Planning

Certified Financial Planner (CFP) or studying towards CFP

Regulatory FAIS Exams - RE5

Job description

Business Unit- Nedbank Private and Wealth - High Net Worth

Closing Date - 19 November 2025

Employment Equity Statement - Preference will be given to Applicants from Underrepresented Groups

Job Family

Investment Banking

Manage Others (MO)

FAIS Affected

FAIS Affected - Yes

Job Purpose

To manage clients wealth needs through an ongoing advisory process to achieve Nedbanks strategic goals of client centricity and revenue generation; as per the business strategy.

Job Responsibilities

• Formulate innovative solutions for our high net-worth clients on their wealth journey whilst being aware of market trends and variables that may impact their investment plans
• Achieve predetermined sales targets across the business by identifying opportunities in the client base to advise clients onNPWs approved investment, risk and banking solutions
• Acquire new business for the portfolio in line with the Customer Value Proposition segment specifications and acquisitiontargets to increase market share
• Maximise bank profitability and ensure value add to customers through cross-selling specifically focusing on wealth leads and lending opportunities. This includes the complete spectrum of Transactional Banking accounts, Investment accounts,Foreign exchange requirements, Non-Resident, Exchange control and Offshore banking requirements.
• Maintain expert knowledge of all Nedbank Wealth's approved products, application procedures, processing, andtimelines, whilst using this knowledge to drive relevant sales targets
• Inform and educate clients on products and services to ensure retention of existing clients, increasing sales revenue, andexpanding the organisation's client base
• Collaborate successfully across all relevant areas to achieve shared goals
• Ensure compliance with relevant statutory, legislative, policy, and governance requirements
• Stay up to date with relevant legislative amendments and industry best practices, as well as the Company's internalcompliance procedures
• Ensuring that the quality of advice remains high and consistent and in line with NPW's investment philosophy andapproved products
• Contributing to sustaining a competitive edge through external networking, benchmarking, and representation on relatedforums
• Developing networks and build alliances to grow and strengthen internal support bases
• Provide support and coaching the wealth managers, paraplanners and other staff as required
• Lead team effectively and efficiently across the HR value chain including recruitment, performance management, retention of critical staff, succession planning, coaching and talent management.”

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

• Degree in Commerce/Finance/ Business Science etc
• Post Graduate Diploma in Financial Planning (essential)
• Certified Financial Planner (CFP) or studying towards CFP
• Regulatory FAIS Exams - RE5 (essential)

Essential Certifications

• FAIS representative and preferably a Key Individual

Minimum Experience Level

• 3-5 years related experience in Financial Planning/Wealth Management acquisitions/sales is essential

Technical / Professional Knowledge

• Microsoft Office
• Cross and Up - selling
• Building Customer Relationships
• High-Impact Communication
• Driving for Results
• Aligning and Executing Sales Strategy
• Creating a Service Reputation

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Nedbank Ltd Reg No 1951/000009/06.
Authorised financial services and registered credit provider (NCRCP16).

For assistance please contact the Nedbank Recruiting Team at [phone]