Financial Advisor (Ref: CFFA)
Remuneration: RBasic plus commission

Position in the Financial sector in Cape Town - Western Cape
Posted On Thursday 5 May 2022
Job Description:

Our client, one of the largest international Islamic banking groups in the world is looking for a Financial Advisor.

Main job function

To market and sell the Bank’s Wealth Management Products within the respective region by providing excellent service to customers and adherence to the banks policies and procedures.

      Conducts marketing and sales of the unit trust products.

      Ensures Wealth Management Sales budgets are met

      Provides clients with efficient service and professional advice on the products.

      Ensure that all applications forms are completed, and correspondence is provided to the Client.

      Engage in marketing activities hosted by the Bank

      Ensure that regular contact sessions are held with Clients, thereby keeping them abreast of their investment portfolios and explore further investment opportunities with Clients.

      Ensures that the relevant forms are submitted to the third-party unit trust company i.e Old Mutual timeously and that all FICA and compliance is done before opening these accounts.

      Ensures that the correct advice is given to the client and a needs analysis is conducted in order to ensure that the correct product is recommended.

      Sales and Marketing

      Attend to new clients by offering them the Banks Products as well as servicing existing clients and offer additional services.

      Meets with clients at their convenience at the Branch or at client’s premises

      Markets and sells the Banks products

      Acquires new clients by requesting qualified leads from existing clients, other departments and leads generated internally or by customer service

      Conducts a needs analysis on products and services in order to make recommendations to clients.

      Offers advice to clients based on their wealth management needs

      Ensures all requirements are met in order to conclude the transaction Client Relationship

      Develops constructive and cooperative working relationship with clients, and maintaining them over time

      Attends to all clients’ Wealth requests and queries

      To ensure that existing clients are contacted annually to discuss their portfolio and assist with any requirements.

      To ensure existing clients are managed and cater for ad hoc requests.

      Provides an efficient and effective service to all clients at all times in order to promote the Banks services

      Manages/Handles difficult client queries via face-to-face communication with walk in clients or by visiting clients and addresses client concerns by listening to any concerns/complaints in an efficient and appropriate manner in line with the professional image of the bank and providing an effective solution to the benefit of both the bank and the client Administration

      Maintain a client visit register on SharePoint by updating information weekly

      Ensure that all administration regarding information meets FAIS and FICA legislative requirements.

      All sales must be recorded in the schedule on share point as and when new business is concluded.

      Follow up with the unit trust companies in order to ensure that the business is recorded accurately


      An Accounting / Finance qualification

      Must be FAIS compliant


      Valid driver’s licence

      At least 5 years’ experience within the insurance / unit trust industry

      Proven track record of marketing and sales

      General banking experience would be an advantage

      Understanding of Shariah principles would be an advantage  

      Microsoft Office

      Bank Policies and Procedures

      Credit Policies and Procedures

      Legal Policies and Procedures

      FAIS requirements

      Financial Intelligent Centre Act (FICA)policies & procedures 


A Consultant will be in touch if you are shortlisted for the position.  Please consider your application unsuccessful should you not have been contacted within 2 weeks.  We will keep your CV on our database and contact you should you match the criteria of any other vacancies.

Please contact Catherine Fforde