Wealth Manager

Wealth Manager - Port Elizabeth Job Title Wealth ManagerDLocation Port ElizabethEmployment PermanentPosition in the organisation Reports to:PE Branch Administration Manager.Job objective The Wealth Manager is responsible for:• Servicing of existing clients, including the review and managing of their Portfolios in terms of company policy;• Support to Wealth Planners in terms of generating new business and preparing proposals to new and existing clientsDuties:1. Client Portfolio Reviews1.1 Research performance of client portfolios and prepare Reviews in accordance with company policy and standards;1.2 Conduct Client Reviews and ensure that Review Reports are submitted in accordance with company policy;2. Servicing of Existing Clients2.1 Provide ongoing financial advice, in consultation with the relevant Wealth Planners, to clients regarding their portfolios i.r.o. risk, market trends, investment performance, benchmarks, insured values, etc.;2.2 Process and implement instructions from clients i.r.o.: Switches, Repurchases, Maturities, Surrenders, Sect 14 and Sec 37 transfers;2.3 Attend to and resolve clients’ concerns, queries, requests and complaints regarding their portfolios;2.4 Opening of CCM Accounts and authorisation of payments;2.5 Assist Clients in general Tax matters as well as obtaining Tax certificates, etc.;2.6 Assist Clients with the preparation and signing of Wills and execution of estates, in association with the executor.2.7 Ensure that the principles of the TCF Policy are applied in all interactions with clients.3. Generating New Business 3.1 Pro-actively identify new business opportunities and market the range of services and products offered by the EFG;3.2 Compilation of proposals for, and Implementation of instructions from clients4. Leadership & Support to Wealth Team 4.1 Mentoring and Supervision of Junior Wealth Managers to ensure Supervision and other legal compliance requirements4.2 Identify training requirements of Wealth Team and ensure training is conducted4.3 Quality control of work outputs of Wealth Managers to ensure high standards of client service and portfolio management4.4 Liaison with Service Providers to resolve problems in client service5. General Administration5.1 Recording of all client interaction upon completion of such interaction;5.2 Maintain and update client records and database including static data;5.3 Ensure compliance with FICA and FAIS legislation;Job Evaluation Criteria’s Formal Education:• BCom• Post Graduation Diploma in Financial Planning• CFP accreditation would be advantageous• RE Examinations completedExperience:• 5 years in a Wealth Management roleCore Requirements:Must be able to travel to meet with clientsMust have own reliable transportMust be able to communicate professionally in Afrikaans & EnglishCompetencies:Knowledge:• Proficient in Microsoft Office (Word, Exel, Powerpoint, Outlook, Teams etc.)• Experience in Wealth Planning & Wealth Managers systems would be advantageous (i.e. Xplan