Managing Director: Investment

Details of the offer

A Managing Directors position situated in either Pretoria or Bellville.Your:Formal Education:Relevant degree in business management or finance, preferably complemented with an investment management qualification;Experience:At least 12 years relevant experience in the financial services industry;Critical Competencies:Technical competency a broad understanding of all areas of management, including knowledge of investment management, finance, legal, regulatory, marketing and communication, strategic planning, human resources and information technology;Knowledge of commercial law and other legislation relevant to the companys area of business;Ability to multitask and delegate;Teamwork and collaboration;Superb management, leadership and motivational skills.;Sharp commercial and strategic thinking.Long-term vision;Problem solving ability;Ability to analyze and evaluate information;Excellent written and oral communication skills;will enable you to:People:Leadership;Motivate and mentor team members;Advocate policies and procedures concerning employeesMotivate, guide and lead the division as a team;Implement the Employment Equity policy.Processes:Execute the responsibilities of a Managing Director according to lawful and ethical standards;Effectively manage the human capital of the division according to authorized personnel policies and procedures that fully conform to current laws and regulations;Identify, develop and direct the implementation of the divisions strategy;Plan and direct the divisions activities to achieve stated/agreed targets and standards;Oversee the investment philosophy and process across the range of investment solutions offered by the division;Maintain and develop organizational culture, values and reputation in its markets and with all staff, contractors, advisors, clients, suppliers, partners and regulatory/official bodies;Report to WRI CEO on organizational plans and performance, with a specific focus on consolidation and co-operation;Analyze and develop distribution channels;In conjunction with the National Executive: Finance, maintain the divisions financial performance;In conjunction with the Group Marketing and Sales division and other companies within the WRI cluster and group, maintain existing and develop new products and solutions, as and when required;In conjunction with Group Marketing and Sales division, plan marketing, advertising and promotional campaigns;In conjunction with Group Marketing and Sales division, plan and develop sales activities;Recruit, select and develop subordinate team members;Ensure sustainable succession planning through-out the division.Technology:Coordinate the development, implementation, training and maintenance of the various systems and tools required by the business;Specifically ensure adherence to Group IT and IT security policies.Finance /Growth:Prepare annual budget for division and prudently manage companys resources within those budget guidelines;Monitor and report on divisions operational and financial performance on a monthly, quarterly and annual basis.Marketing:Identify areas where opportunities exist for business expansion.Drive business negotiations and liaison process.Regulatory:Comply with the fit and proper requirements as prescribed in FAIS;Licensed as a Key Individual for all category II products;Absolute focus on the fair treatment of clients;Ensure compliance (to the extent applicable) with FAIS, FICA, POPIA and any other relevant pieces of legislation or regulations applicable to the companys area of expertise;Liaise and co-operate with the Group compliance function on a continuous basis.


Nominal Salary: To be agreed

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