Wealth Management Associate

Location Cape Town
Discipline: Accounting & Finance
Job type: Permanent
Contact name: Lorna Henry

Contact email: lorna@networkersint.co.za
Job ref: 39838
Published: 2 days ago
Overview

We are recruiting for a dedicated and detail-oriented Wealth Management Associate to join our client's Wealth Management team. This role is pivotal in delivering exceptional support to a Wealth Manager, ensuring that all tasks are executed with precision, professionalism, and a client-centric approach. The ideal candidate will act as a strategic partner to the Wealth Manager, managing operational details, deadlines, and paperwork to enhance the overall client experience. This position offers an opportunity to contribute to the financial well-being of private clients and their families while working in a dynamic and professional environment.

Responsibilities
Administrative Support to Wealth Manager

  • Prepare and collate new client onboarding documentation.

  • Oversee the management and updating of client CRM profiles.

  • Liaise with internal and external providers to address client-specific queries and implement instructions.

  • Resolve and manage administrative queries or issues directly with clients on behalf of the Wealth Manager.

  • Coordinate the preparation of client review packs with assistance from the administrative team and Paraplanners.

Legislative Compliance (FICA and FAIS)

  • Apply knowledge of the FAIS General Code of Conduct in daily tasks.

  • Draft and/or review Record of Advice and Replacement Disclosure forms to ensure compliance with internal standards.

  • Conduct Customer Due Diligence (CDD) based on client risk profiles in accordance with FICA and internal compliance guidelines.

Technical Support

  • Maintain a basic understanding of financial products used by service providers.

  • Compile proposal documents based on Wealth Manager instructions and recommendations.

  • Prepare financial needs analyses and retirement needs analyses as directed by the Wealth Manager.

Qualifications

  • Education: A commerce or financial degree from a reputable tertiary institution.

  • Experience: 3-5 years of experience in the financial planning environment, assisting Wealth Managers or Financial Advisors with administrative tasks.

  • Professional Registration: CFP designation and RE5 certification are advantageous.

  • Technical Skills: Proficiency in MS Office Suite (Teams, Word, Excel, PowerPoint, Outlook, SharePoint) and familiarity with XPlan (advantageous).

  • Knowledge: Solid understanding of FAIS (CAT II advantageous) and FICA regulations.

Personal Profile and Competencies

  • Exceptional organizational and planning skills.

  • High attention to detail and accuracy.

  • Strong numeracy skills.

  • Ability to work effectively in a team environment.

  • Fluent in English (verbal and written) with excellent communication skills.

  • Proactive, punctual, and able to take initiative.

  • Keen interest in Fintech systems and a fast learner.

Day-to-Day

  • Collaborate closely with the Wealth Manager to ensure seamless client service delivery.

  • Manage client onboarding, documentation, and CRM updates.

  • Address client queries and administrative issues with professionalism and efficiency.

  • Ensure compliance with regulatory requirements, including FICA and FAIS.

  • Prepare financial analyses and proposal documents to support client recommendations.

If you are a detail-oriented professional with a passion for financial planning and client service, we encourage you to apply for this exciting opportunity.