Empowering Africa’s tomorrow, together…one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
We are seeking a senior highly analytical, intellectually curious and investment savvy Family Office Investment / Wealth Manager (+10yrs experience) to serve as a trusted advisor to Family Office clients in the Cape region.The role presents an exciting opportunity to provide bespoke wealth management advice to clients/families with a minimum net asset value of R250million.
This individual will assume a central role in the design execution and ongoing oversight of a globally diversified portfolio for multi-generational families.
The role requires: The management and growth of a portfolio of ultra high-net-worth/Family Office clients, trusts, investment holding companies and businesses, servicing their local and offshore investment and fiduciary needs; Formulation of a strategy for client acquisition, including collaboration with internal stakeholders and external lead providers; Operation as part of a multi-disciplinary team to deliver holistic client solutions to meet clients’ investment, advisory, banking and lending requirements
Job Description
- Portfolio Management: Ensure client portfolios are managed in accordance with the recorded mandate and aligned with the strategic asset allocation guidelines, conducting regular client reviews and delivering on client objectives. Client facing role requiring proactive client engagement, portfolio performance management, reporting and executing of client requirements.
- Business Development: Client acquisition centered activity to meet both financial targets and new business targets on an annual basis. Develop strategies appropriate to grow the portfolio of assets under management, aimed at the growth of annuity income, up-front fees and advisory income.
- Risk Management: Ensure that portfolio meets the required risk management standards, according to compliance guidelines and the in accordance with the established advisory processes and procedures.
- People Management: Coach, mentor and manage administrative support staff towards driving business objectives and ensuring colleague development (where applicable).
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
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