[ref. t26591801] Wealth Management Associate | Claremont

apartmentThe Recruitment Council placeClaremont calendar_month 

Key Result Area: Main Activities:

  1. Administrative support to Wealth Manager
  1. Prepare and collate new client onboarding documentation.
  2. Oversee the management and updating of client CRM profile.
  3. Liaise with external and internal providers on client specific queries and implementation of
instructions.
  1. Resolve and manage admin related queries or issues with clients directly on behalf of the Wealth
Manager
  1. Manage the process of preparation of client review packs (with assistance from administrative
team and Paraplanners where necessary and as per business requirements)
  1. Legislative Compliance (FICA and FAIS)
  1. Apply basic knowledge of the FAIS General Code of Conduct in daily work.
  2. Draft and/or check Record of Advice and Replacement disclosure forms accurately and correctly
to company internal compliance standards.
  1. Ensure CDD is done on all clients based on their risk profile according to FICA and company
RMCP with guidance from internal compliance
  1. Technical Support
  1. Ensure a basic level of product knowledge by keeping up to date with products used by service
providers.
  1. Compile proposal documents based on the Wealth Manager instruction and recommendations.
  2. Compile a financial needs analysis and retirement needs analysis based on Wealth Manager

recommendations and instructions.

Main Purpose of Job

The main purpose of this role is to deliver exceptional support to a Wealth Manager, effectively managing deadline-driven
tasks, with client-centricity, professionalism, and trust at the core of operations. The WMA should strive to be an
administrative partner to the Wealth Manager, by meticulously handling deadlines, paperwork, and operational details to
enhance the overall service provided by the Wealth Manager to our clients. The goal is to elevate the client experience
through effective communication, proactivity, and dependability, enabling the Wealth Manager to focus on nurturing wealth for

our private clients and their families

Direct Reporting Line Wealth Manager, with support from the WMA Team Coordinator
Direct / Indirect reports to this

position n/a

Required Experience

Experience in and solid knowledge and understanding of the financial planning environment, FAIS (CAT II advantageous), and FICA
  1. 5 years working experience in the financial planning environment assisting Family Officers and/or Wealth Managers
and/or Financial Advisors with administrative tasks or within administration with a focus on high volume tasks and

responsibilities

Required Education Commerce or financial degree from a reputable tertiary institution (advantageous)
Professional registration (if

applicable)

CFP designation advantageous

RE5 advantageous

Computer Literacy MS Office Suite (including Teams, Word, Excel, PowerPoint, Outlook, Sharepoint)

XPlan (advantageous)

Personal profile and competencies

Ability to prioritise, organise and plan around large amounts of information and tasks.
Ability to execute on a wide variety of tasks with accuracy and within required timeframes.
High attention to detail and low tolerance for errors
Sound knowledge of and experience in FICA and FAIS
Highly numerate

Punctual

apartmentRory Mackie & AssociatesplaceCape Town, 7 km from Claremont
Overview: Our client, a boutique investment advisory and wealth management firm, is seeking a Wealth Manager Assistant to join them at their Somerset West branch. With over R30 billion in assets under advice, the firm delivers global best-of-breed...
apartmentThe Recruitment CouncilplaceCape Town, 7 km from Claremont
Description of job responsibility/duty Wealth Management Develop and maintain strong relationships with high-net-worth clients. Understand clients' financial goals, risk tolerance, and preferences to provide personalized financial advice. Conduct...
business_centerHigh salary

Senior wealth manager

apartmentHR GenieplaceBellville, 18 km from Claremont
An established insurance company is seeking to hire a highly skilled and experienced Wealth Manager to join their team. This is an excellent opportunity for an professional with strong relationships and wealth experience to grow their career within...