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Wealth Administrative Assistant | Umhlanga, KwaZulu-Natal | Permanent

PSG Konsult
R 89 288 - R 113 058 a year
eThekwini Metropolitan Municipality, KwaZulu-Natal
June 4, 2025
Designation:
Wealth Administrative Assistant | Umhlanga, KwaZulu-Natal | Permanent

Category:
Administration and Operations

Job Level:
Skilled technical and academically qualified workers, junior management, supervisors, foremen and superintendents

Posted by:
PSG Financial Services

Posted on:
04 Jun 2025

Reference Number:
PSG07681

Closing date:
17-Jun-2025

Position Type:
Permanent

Location:
Umhlanga Portfolio Management


Overview:

VACANCY | WEALTH ADMINISTRATIVE ASSISTANT | UMHLANGA, KWAZULU-NATAL | PERMANENT

PSGs commitment to transform and embrace diversity is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce. In achieving our employment equity goals, we give preference to applicants from designated groups, and we encourage people with disability to apply.

Job description:

An outstanding opportunity for a dynamic and experienced Wealth Adviser to join a top PSG Wealth Investment office. The wealth management role is extensive in scope but centres on the effective stewardship of sophisticated clientele book and their capital.

Responsibilities:

Key activities

  • Receive, assess, process and record banking instructions on the relevant platforms
  • Obtaining, recording and updating of FICA and FACTA requirements
  • Maintain accurate records and timeous filing
  • Handle all queries - Email or telephonic
  • Incentivised to build the book
  • Wealth administration
  • Office support

Banking

  • Receive and processing of instructions from introducers or clients relating to - payments, statements, opening and closing of accounts, inter-account transfers
  • Obtaining, recording and updating of FICA and FACTA requirements
  • Maintain accurate records and timeous filing
  • Product knowledge on different account options, structures, rates, fees and overall account terms, conditions and restrictions applicable
  • Resolve all queries - Email or telephonic

Cashbook

  • Processing of monthly office payments
  • Updating of monthly cashbook pertaining to receipts and payments and reconciliation against bank statement
  • Calculation of office rent and splits between various teams
  • Calculation of cash placement referral commission on the 1st working day of each month and receiving monthly invoices for payment (within the applicable month)

Other

  • General administrative functions
  • Marketing products and services
  • Cross-portfolio involvement: Wealth, Employee Benefits, Assurance administration
  • Provide support and assistance to colleagues in the daily running of the office.

Minimum requirements:

  • Grade 12
  • Diploma/BCom Finance
  • Banking qualification will be advantageous
  • 2+ years’ proven experience in a financial Service industry (Accounting/Marketing preferred)
  • Existing client portfolio will be advantageous but not required
  • Proficient in both spoken and written English and at least one other of the official South African languages
  • Excellent computer skills including MS Office, specifically MS Excel and PowerPoint

Competencies required:

  • Numeric ability
  • Planning and Organising skills
  • Good communication skills (verbal and written)
  • Awareness and management of compliance and regulatory framework in all dealings with clients
  • Management/Execution of existing clients base, network within target markets to grow the client base
  • Ability to market the service
  • Policy, Product & Systems knowledge
  • Keeping abreast of industry/regulatory changes/trends

Candidates interested must apply on the PSG Careers website https://www.psg.co.za OR browse vacancies https://bit.ly/3bD2iAK by no later than 17 June 2025.

By submitting your application, you are giving PSG Financial Services implicit consent to the storage and processing of your personal information. If you are not contacted within 2 weeks of your application, please accept that your application was unsuccessful

Apply
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