Wealth Investment Manager

Posted 5 Days Ago
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Alice, Amathole, Eastern Cape
Mid level
Financial Services
The Role
The Wealth Investment Manager is responsible for managing and growing a portfolio of high-net-worth clients, ensuring adherence to investment mandates and strategic asset allocations. This role involves proactive client engagement, portfolio performance management, and the acquisition of new clients while focusing on compliance and risk management standards.
Summary Generated by Built In

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 and grow a portfolio of high-net-worth clients, trusts, investment holding companies and businesses, servicing their local and offshore investment and fiduciary needs. Formulate plans for client acquisition, including collaboration with internal stakeholders and external lead providers. Operate 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

The Company
HQ: Johannesburg
39,055 Employees
On-site Workplace
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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