Wealth Manager (Port Elizabeth - Eastern Cape)

Be Different; Gqeberha; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Be Different in South Africa seeks a Wealth Advisor to deliver holistic financial plans for high net worth clients. You will blend investment, risk, and estate strategies to help clients reach their goals.

You will formulate proposals, meet sales targets, review plans regularly, and provide timely service reports while maintaining compliance with FAIS, RE5, and CFP standards.

Qualifications

• 3 to 5 years’ experience as a Wealth Manager with sales and advisory experience with high income clients
• FAIS experience
• RE5
• Preferred CFP qualification for Wealth Advisor

Responsibilities

• Formulate proposals in cash management, risk needs, investment planning, estate planning or other areas to help clients achieve their financial goals
• Achieve previously determined sales targets across the business by identifying opportunities to advise on the group approved investment and risk products
• Investigate available investment opportunities to determine compatibility with client financial plans
• Review clients' financial plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment
• Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets
• Ensure that the quality of advice remains high and consistent and in line with the bank’s investment philosophy and product approved matrix
• Contribute to sustaining a competitive edge through external networking and benchmarking and representation on related forums
• Achieve gross production target as indicated in scorecard
• Inform and educate customers on products and services to ensure retention of existing customers; increase sales revenue and increase the organisation's customer base
• Advise on and provide support to ensure the effective resolution of customer queries in order to ensure customer satisfaction and retention
• Analyse financial information obtained from clients to develop a financial plan or proposal using the correct tools
• Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities
• Take all necessary actions to ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability
• Maintain expert knowledge on relevant legislative amendments, industry best practices and the bank’s internal compliance procedures and requirements
• Ensure compliance is adopted in terms of systems and procedures as laid out by the bank
• Implement and provide input into the development of governance and compliance procedures and processes within area of specialisation and identify risks
• Ensure optimal usage and protection of business assets
• Maintain expert knowledge on all group approved products, application procedure, processing and timelines in order to drive and achieve relevant sales targets
• Engage in cross-functional activities
• Collaborate across boundaries and finds common ground with a widening range of stakeholders
• Maintain and build relationships for purposes of expectation management, knowledge sharing and integration

Skills

Sales

Advisory

Client relationship management

Financial analysis

Communication

Education

Relevant Degree in Investment or Economics

RE5

Certified Financial Planner (CFP)

Job description

In order to be considered the following is required:

• Relevant Degree in Investment or Economics
• Preferred Qualification for Wealth Advisor - Certified Financial Planner (CFP)
• 3 to 5 years’ experience as a Wealth Manager with sales and advisory experience with high income clients
• FAIS experience
• RE5
• Preferred Qualification for Wealth Advisor - Certified Financial Planner (CFP)

Responsibilities:

• Formulate proposals in cash management, risk needs, investment planning, estate planning or other areas to help clients achieve their financial goals
• Achieve previously determined sales targets across the business by identifying opportunities to advise on the group approved investment and risk products
• Investigate available investment opportunities to determine compatibility with client financial plans
• Review clients' financial plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment
• Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets
• Ensure that the quality of advice remains high and consistent and in line with the bank’s investment philosophy and product approved matrix
• Contribute to sustaining a competitive edge through external networking and benchmarking and representation on related forums
• Achieve gross production target as indicated in scorecard
• Inform and educate customers on products and services to ensure retention of existing customers; increase sales revenue and increase the organisation's customer base
• Advise on and provide support to ensure the effective resolution of customer queries in order to ensure customer satisfaction and retention
• Analyse financial information obtained from clients to develop a financial plan or proposal using the correct tools
• Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities
• Take all necessary actions to ensure compliance with relevant statutory, legislative, policy and governance requirements in area of accountability
• Maintain expert knowledge on relevant legislative amendments, industry best practices and the bank’s internal compliance procedures and requirements
• Ensure compliance is adopted in terms of systems and procedures as laid out by the bank
• Implement and provide input into the development of governance and compliance procedures and processes within area of specialisation and identify risks
• Ensure optimal usage and protection of business assets
• Maintain expert knowledge on all group approved products, application procedure, processing and timelines in order to drive and achieve relevant sales targets
• Engage in cross-functional activities
• Collaborate across boundaries and finds common ground with a widening range of stakeholders
• Maintain and build relationships for purposes of expectation management, knowledge sharing and integration