Financial Planner Job Vacancy at Nedbank South Africa in Cape Town

Job Title: Financial Planner - Lansdowne

Expire: 2012-05-31
FPPB0001

Lansdowne, Cape town

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 Functions / Responsibilities
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.

Requirements:
• Minimum of an appropriate NQF level skills programme at Level 5.
• 30 credits / 60 consisting of core unit standards registered by SAQA and quality assured by INSQA
• Matric certificate plus RFP 1 & RFP 2
• Business degree or CFP qualification
• 6 months - Long-term insurance cat A
• 1 year - Long-term insurance cat B
• 1 year - Long-term insurance cat C
• 1 year - Retail Pension Benefits
• 1 year - Pension Fund Benefits (excl. retail pension benefits)
• 1 year - Participatory Interests in collective investment schemes
• 2-4 years in a similar role
• Financial Planning Industry - 3 years

Technical Competencies:
• Insurance product
• Underwriting Criteria
• Risk awareness
• Banking systems understanding
• Microsoft Office Products
• Industry astuteness
• Spotlight

Behavioral Competencies:
• Rule Orientation
• Personal Impact
• Client Centricity
• Verbal Communication
• Planning and organising
• Building Relationships
• Team work
• Information Monitoring
• Holistic Thinking
• Information Monitoring
• Attention to Detail

Apply to:

http://www.nedbank.co.za/website/content/about/index.asp