Financial Advisor - Everyday Banker

SUMMARY:
-

POSITION INFO:

Job Description: Financial Advisor – Everyday Banking

Position Overview: We are seeking a skilled and customer-focused Financial Advisor to join our clients Everyday Banking team. The ideal candidate will have expertise in investments, life products, and estate & trust products, along with a passion for delivering exceptional client service. This role focuses on helping clients achieve their financial goals through tailored solutions and building long-lasting relationships within the everyday banking environment.

Key Responsibilities:

1. Client Engagement and Advisory:
   • Provide financial advice and solutions that align with clients’ immediate and long-term goals.
   • Develop and maintain relationships with everyday banking clients, offering personalized financial guidance.
   • Conduct financial needs analyses to identify opportunities for investments, life insurance, and estate planning.
2. Product Knowledge and Solutions:
   • Demonstrate a thorough understanding of investment products, life insurance, and estate & trust offerings to meet diverse client needs.
   • Present and explain financial products to clients in a clear and accessible manner.
   • Identify opportunities for cross-selling and recommend appropriate banking products to enhance client portfolios.
3. Financial Planning Support:
   • Assist clients with creating and maintaining comprehensive financial plans.
   • Monitor clients' financial health and adjust strategies to align with changing needs or market conditions.
   • Stay informed on current economic trends and product innovations to provide informed recommendations.
4. Compliance and Documentation:
   • Ensure compliance with all regulatory requirements and internal policies.
   • Maintain detailed records of client interactions, plans, and transactions in line with industry standards.
5. Collaboration and Teamwork:
   • Work closely with branch staff and product specialists to provide seamless client experiences.
   • Support team initiatives to promote financial literacy and product awareness among clients.

Qualifications and Skills:

1. Educational Background:
   • Bachelor’s degree in Finance, Economics, Business Administration, or a related field (required)
   • RE 5 Completed (required)
   • Preferable CFP Qualification.
   • NQF6 (FSB approved qualification).
   • 120 Credits.
2. Experience:
   • Minimum of 2+ years of experience in financial advising or a related role in everyday banking.
   • Proof of minimum annual commission earnings of +/- R30 000 per month.
   • FSP license from previous employer.
3. Core Competencies:
   • Strong understanding of everyday banking products and services.
   • Excellent communication and interpersonal skills to build rapport with clients.
   • Analytical mindset with the ability to translate complex financial concepts into actionable advice.
4. Technical Skills:
   • Proficiency in financial planning tools and CRM systems.
   • Knowledge of regulatory standards and compliance requirements.