Johannesburg: Wealth Manager (Cape Town) posted by Be Different Recruitment

About the Role

We are seeking an experienced Wealth Manager to join our team in Johannesburg, who will be based in Cape Town. As a key member of our wealth management division, you will play a crucial role in delivering exceptional service to our high net worth clients and driving business growth.

Key Responsibilities

• Achieve gross production target as indicated in scorecard
• Achieve previously determined sales targets across the business by identifying opportunities to advise on FirstRand approved investment and risk products
• Be an ambassador for the bank as a financial service provider encompassing our internal values and ethical standards
• Maintain expert knowledge on all the banks approved products, application procedure, processing and timelines in order to drive and achieve relevant sales targets
• Ensure that the quality of advice remains high and consistent and in line with the banks investment philosophy and product approved matrix
• Contribute to sustaining a competitive edge through external networking and benchmarking and representation on related forums
• Develop networks and build alliances to build and strengthen internal support bases
• 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
• Inform and educate customers on products and services to ensure retention of existing customers; increase sales revenue and increase the organisation’s customer base
• Liaise and interact with clients and or customers via approved communication channels in a positive and helpful manner
• 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
• Formulate proposals in cash management, risk needs, investment planning, estate planning or other areas to help clients achieve their financial goals
• 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
• Monitor financial market trends to ensure that client plans are responsive
• Improve business decisions by providing accurate and reliable business intelligence (information) together with analysing trends and data
• Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets
• 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 banks 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

Requirements

• Must have CAT 1 and 2
• Minimum Qualification: Relevant Degree in Investment or Economics. Certified Financial Planner
• 3 to 5 years experience in a similar environment, of which 1 to 2 years ideally at junior (entry level) management level. Industry related Sales or Advisory experience with high income clients preferred

Qualifications

• None mentioned

Salary & Benefits

• Salary details not specified