Wealth Manager - Pietermaritzburg

Job Classification

Requisition - 145837- Melissa Cloete

Business Unit - Nedbank Private and Wealth: High Net Worth

Location - Nedbank Pietermaritzburg

Preference will be given to Applicants from Underrepresented Groups

Job Family

Investment Banking

Career Stream

Advisory

Leadership Pipeline

Manage Others (MO)

 

FAIS Affected

Job Purpose

We are seeking highly motivated and results-driven Wealth/Investment professionals with a strong passion for new business acquisition in the High-Net-Worth client market- individuals who bring Nedbank’s Connected Wealth vision to life. This role is pivotal in driving impactful growth, fostering collaboration, and shaping the future of integrated wealth management at Nedbank Private Wealth.

The successful candidate will thrive on identifying opportunities, building a portfolio of affluent clients, and consistently exceeding growth targets

Position is based in Pietermaritzburg, Kwa-Zulu Natal

Job Responsibilities

• Manage client's wealth needs through an ongoing advisory process to achieve Nedbank's strategic goals of client centricity and revenue generation; as per the business strategy.


• 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 on NPWs approved investment, risk and banking solutions.


• Acquire new business for the portfolio in line with the Customer Value Proposition segment specifications and acquisition targets 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, and timelines, 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, and expanding 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 internal compliance procedures.


• Ensuring that the quality of advice remains high and consistent and in line with NPW's investment philosophy and approved products.


• Contributing to sustaining a competitive edge through external networking, benchmarking, and representation on related forums.


• 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

Preferred Qualification

• Degree in Commerce/Finance/ Business Science etc


• Post Graduate Diploma in Financial Planning 


• Certified Financial Planner (CFP) or studying towards CFP advantageous


• Regulatory FAIS Exams - RE5 (essential)


• Cat 1 & 2 highly advantageous

Essential Certifications

Minimum Experience Level

• minimum of 5 years Management of private client investment portfolios, estate and tax planning, international investments

Technical / Professional Knowledge

Behavioural Competencies