Investment Manager (FAIS)

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Umhlanga, Umhlanga Rocks, eThekwini, KwaZulu-Natal, ZAF
In-Office
Financial Services
The Role

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

Manage relationships with existing clients to ensure optimal income streams and profitability uplift from existing portfolio.
Manage the re-investment book to identify opportunities to optimize income by way of margin management.
Further identify opportunities to increase share of wallet from existing base.
Alignment with the Bank’s funding model by identifying Demand Deposits that may be converted into Fixed Term Options thereby providing longevity to the Investment Book. This will be done on a case-by-case basis to ensure minimal margin erosion.

Job Description

NEW INVESTMENT CLIENTS AND REVENUE GENERATION 

Grow Absa's Deposit market share and footprint in the region through acquisition of profitable and sustainable new investments

Effectively market the investment product range.

Develop and manage sales strategies relating to Investment Portfolio Management.

Implement sales strategies and operational plans 

Proactively build a network that will facilitate the generation of new leads

Proactively research and create target lists for the new business in conjunction with the Banker and other Internal Stakeholders

SERVICE DELIVERY AND CLIENT QUERY RESOLUTION 

Provide and maintain excellent service to investment clients across all Segments.

Respond to queries/needs in prompt and appropriate manner so as to ensure no client complaints.

Aligning to the SLA of the Processing and Fulfillment Teams. 

No regrettable losses due to interest claims as a result of service failure.

ALIGNMENT AND ENGAGEMENT WITH INTERNAL STAKEHOLDERS 

Act as central point of coordination between Treasury, Pricing and the Product Team. 

Attend all relevant Investment meetings to ensure alignment with process and compliance.

Experience and Education Requirements

Investment Management

Banking (5 to 10 years)

Public Sector

Commercial Banking (Small, Medium and Large Business)

Pricing

RE5 FAIS Accreditation (RE1 Beneficial)

NQF 7 (Degree/Diploma)

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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The Company
HQ: Johannesburg
39,055 Employees
Year Founded: 2018

What We Do

Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.

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