A financial planning group requires a Wealth / Financial Administrator to assist Wealth Managers and Financial Advisors with clients' Financial Planning, Investment and Retirement Proposals. The role requires the employee to gather client information, perform financial planning analysis, prepare client reports, and assist in managing the client review process. (Hybrid)
DUTIES WILL INCLUDE, BUT ARE NOT LIMITED TO:
Provide support to wealth managers and wealth advisors
Assist with Financial Needs Analysis on various products / funds to determine risk calculations of shortfalls and provide solutions
Compliance: Adhere to Industry Legislation (FICA and FAIS Regulations)
Ensure client files and transactions are in line with Compliance Regulations
Investment & Life Insurance Product Quotes & Fee Comparison
Retirement Planning & Identifying Shortfall in Retirement
Prepare Review Documents for Advisors
Assist with client technical enquiries
Draft Trust Resolutions, Wills & Testaments
Prepare Tax Returns for Tax Practitioner
Manage Fee Renewals & Living Annuity Income Renewals
Upload Client Financial Information onto company's CRM System
Oversee application processes
COMPULSORY REQUIREMENTS
Minimum 2-years' experience in a Financial Services Environment, focusing on Financial Planning & Wealth Management Solutions to Clients
Competencies
Understand and Interpret Financial Statements
Experience working with Financial Planning Software
Good written, telephonic, and customer service relationship skills
Analytical and numerical skills
Concern for Accuracy & Attention to Detail
Time Management Skills - Managing Work
Results Driven
Computer Literate (Advanced Word, Advanced Excel, Outlook, Power Point, CRM/Client Tracking System)
Problem Solving
Adaptability
Professionalism
Bilingual (Afrikaans and English)
Knowledge / Experience in Regulatory Exam RE 1 / RE 5 (knowledge of the regulations)
Basic understanding of Estate Duty Act, Companies Act, Income Tax Act, Pension Funds Act, Trust Property Control Act, Will Act
Understanding Financial Needs Analysis
Understanding the 6-step Financial Planning Process
Understanding the purpose of Financial Products and their offerings (Investments, Risk products, Medical Aids, Gap Cover)
Quoting of Financial products with the different Product Providers
Economic & Financial Markets knowledge
Drafting of Wills and understanding of Trust Administration
Knowledge and experience in completing individual tax returns
Proficiency in Microsoft Office (Outlook, Excel, Word)
Experience with CRM system (Client Relationship Management)
Financial Industry & Services knowledge and experience
Legislation Compliance (FICA / FAIS / TCF / COI/POPI)
Handling of Client Queries
Work Effectively in a Team
Good written and communication Skills (Afrikaans & English)
Productive and Efficient
Able to work independently
Job Type: Full-time
Pay: Up to R20000,00 per month
#J-18808-Ljbffr