Banking -Financial Planners

Financial Planners

Applications accepted until: 31st of Dec, 2014
Advert Code: FINANC15
Nedbank Sub Division Cluster
FAIS Affected: Yes
Location: Country wide
Job Purpose:
Offering Appropriate financial Planning for the
well-being of the bank's clients, whilst maintaining
the interests of the bank. To add value to a
customer base via the provision of appropriate
financial advice and selling appropriate financial
products to customers, thereby meeting the clients
unique financial needs.
Key Performance Areas:
Administration:
• Maintaining accurate client files.
• All advice (actions, discussions, solutions and
amendments) must be in the files.
• Alternate product offerings are also recorded.
• Consultations with clients are documented and
recorded in their files.
• These files are audited by the Area managers and
once a year by Group Risk, therefore accuracy of
client information is pivotal.
• Minuting the details of the Telephone calls made
to clients.
Compliance:
• In order to provide quality advice to a client, a
financial planner must be suitably qualified.
• Compliance documents are stored on an external
NFP server.
• These documents Details actions with the client
and the reasons / decisions in choosing a product.
• The client signs these documents which lists the
full disclosure in terms of charges and commissions.
Sales and Leads:
• Targets are set by Area Managers and these
targets must be achieved monthly based on past
performance, and the area.
• Interaction with vital sources within the bank
network by passing on leads, i.e bankers, e-shared
services, and Leads Tracker.
Training:
• Product training is provided.
• Risk Products: (Life, disability and dread disease)
. Investment Products: (short-term investments,
notice deposits, unit trusts, endowments and
Tranches (guarantees a return after 5 years),
off-shore products, LISPS, estate planning.
• Medical Health is limited to the Business banking
planners.
Relationship Building:
Maintaining and renewing existing and new
relationships with clients.
Essential Qualifications:
• Matric
• RE Certificate
• Minimum NQF Level 5 with Full 120 Credits
Essential Qualifications:
• Matric
• RE Certificate
• Minimum NQF Level 5 with Full 120 Credits
Preferred Qualifications:
Business/ Accounting degree or CFP qualification
Certifications:
Financial Planning Institute
Job Related Experience:
Minimum 1 Year Group Schemes Experience
Technical Competencies:
• Insurance product
• Underwriting Criteria
• Risk awareness
• Banking systems understanding
• Microsoft Office Products
• Industry astuteness
Behavioural Competencies:
• Orientation Initiative
• Personal Impact
• Client Centricity
• Verbal Communication
• Planning and organizing
• Building Relationships
• Team work
• Information Monitoring
• Holistic Thinking
• Attention to Detail
Required Industry Acumen:
Financial Planning Industry - 1 years
Number Of People Reporting Directly Into Job: Compliance/Legislative Requirements: FAIS, FICA
Travel Requirements: Frequent local travel
Equity Statement:
Preference will be given to applicants from
designated groups and suitable internal candidates
in line with Nedbank's policies.
Apply