Junior Wealth Manager - JHB

ENVIRONMENT:

Our client, a leading investment and wealth management business, is seeking a motivated Junior Wealth Manager to join their team. The successful candidate will be responsible for building and growing a wealth management portfolio by developing strong client relationships, conducting client meetings, and leveraging strategic distribution partnerships.  The primary purpose of the role is to establish and nurture long-term client relationships while growing Assets Under Management (AUM) and contributing to the overall expansion of the business.

DUTIES:

•       Build a wealth management book of clients through client meetings and leveraging partnered distribution relationships.

•       Constantly monitor and follow up on the new business implementation process to ensure seamless and smooth client acquisition.

•       Consult with various stakeholders, including:

o    Portfolio Managers

o    Product Suppliers

o    Administrative Staff

•       Draft investment proposals and investment reports.

•       Compile, update, and maintain weekly, monthly, and/or quarterly investment feedback reports for selected clients and all partners.

•       Continuously maintain and analyse the investment book.

•       Update internal weekly pipeline reports on POS (internal system).

•       Compile and update portfolio asset allocation spreadsheets.

•       Provide a minimum of bi-monthly partner updates.

•       Maintain ongoing communication and engagement with partners.

•       Work closely with Wealth Managers within the team, providing assistance and advice while collaborating to build the business.

REQUIREMENTS:

Knowledge & Industry Experience

•       Clear understanding of financial services, including investments and the broader financial services industry.

•       Clear understanding of the administration of financial services, products, and investment platforms.

•       Understanding of FAIS and subordinate legislation, FICA, and PoPIA.

•       Experience with Investment Funds, Collective Investment Schemes (CIS), JSE, equities, and other investment classes.

•       Private Banking / Wealth Management experience.

•       Experience in investment advisory and financial planning.

•       Industry exposure and competitor analysis.

Job Experience

•       High-net-worth client interaction (essential).

•       3–5 years’ experience as a Client Wealth Manager, Financial Advisor, Financial Planner, or Private Banker.

•       Sound financial acumen and customer service excellence.

•       Strong client relationship management ability.

•       Target-driven approach.

Education

•       BCom or similar qualification in Finance, Wealth Management, Investment Management, or a related field.

ATTRIBUTES:

•       Dynamic, energetic, resilient, and committed initiative-taker.

•       Strong client relationship management skills.

•       Target-driven.

•       Consistent self-education and commitment to professional development.