Wealth Analyst Vacancy: Bank & Lend – Contract X 2

Wealth Analyst Vacancy: Bank & Lend – Contract X 2

Details
Location: National, ZA
Date: 10-Nov-2022

Job Requisition

REQ 121483 – Wealth Analyst: Bank & Lend – Contract X 2

Job Location

National

Career Stream

Leadership Pipeline

Job Purpose

To provide administrative services to clients by attending to transactional, lending and investment needs to achieve Nedbanks’ strategic focus to become a client-centric bank.

Job Responsibilities

•    Deal Forum proposals
•    Tracking of FAIS reviews and prepping in advance
•    Preparing reviews
•    Preparing pack for new acquisitions
•    Managing the attrition and outflows
•    ROR and ROA – thus Request all information / product options / penalties / sec14 quotes etc from product suppliers – with necessary client authorization letter – fee / cost comparisons – fund / product comparisons – Summary preparation with the above info – then discuss with WM
•    FAIS compliant by checking the following:
•    Manage and observe the suggested funds on the NPW approved fund list
•    Manage and observe asset allocation in line with our house-view ranges
•    Manage and observe asset allocation conforms to the clients chosen mandate as well as tax sensitivity
•    Managing restrictions or specific instructions
•    Fees – are fees in line with current standardised
•    Keep track of breaches, suggestions of changes and fees which are not standardised
•    Loading and capturing sales activity
•    Prepping the EDD and High-Risk Reviews
•    Assist with conformance and compliance of portfolios
•    Co-ordinating the various parties to the client – for example when it is a Trust
•    Diary management
•    Assets under management bookkeeping – with all platforms – Or will/can this be done by another reporting person/system automatically?
•    All daily admin tasks e.g: inquiries (as far as possible – refer advice inquiries to WM), send out statements, take messages, handle emails (as far as possible – refer advice emails to WM), all PA tasks
•    Change / update of client info on all systems – after necessary confirmation with client
•    Check systems for completeness in terms of FICA and all other documentation requirements (ROA, implementation docs, Mandates etc)
•    Submission / follow-up / completion of all implementations / appointments until completed
•    Drawing up closing letter per client for confirmation of all implementation
•    Identify opportunities for cross-sell and up-sell

Essential Qualifications – NQF Level

Preferred Qualification

• Advanced Diplomas/National 1st Degrees

Minimum Experience Level

Technical / Professional Knowledge