Wealth Management Associate (SG Only, Options: Banker or Financial Adviser)

*Singaporean Citizen/PR ONLY - Candidates who require Work Visas need not apply*

Wealth Management Associates are generally divided into two primary categories: Bankers and Financial Advisors/Consultants (FAs).

• They offer clients valuable guidance aimed at enhancing financial well-being and achieving specific objectives, such as Wealth/Health Protection, Savings, Investment growth, Retirement Planning, and more.
• They interact regularly with clients, often needing to explain complex financial products and services in simple terms and provide exceptional customer service to foster trust.

Core Differences between being an FA and Banker:

1. Remuneration
   • FA: Self-Employed individuals receiving Commissions (uncapped income ceiling and no KPIs).
   • Banker: Permanent Employment which offers fixed Basic Salary and opportunity to earn more through KPI-based Commissions.
2. Client Acquisition
   • FA: Warm Market (family/friends) + Roadshow, Events + Social Media + Cold Calling (leads provided by agency, or Purchased/Procured through individual means).
   • Banker: Serve Branch Walk-Ins + Cold Calling (access to Bank's client database).
3. Products
   • FA: Full suite of Insurance Products + Funds + Other Financial Planning services (Wills and Trusts, Estate Planning, etc.).
   • Banker: Majority of Insurance Products (excl. Health Insurance) + Funds + Secondary Banking Products & Services.
4. Working Arrangement
   • FA: Fully Flexible - As self-employed individuals, FAs choose their own working days and hours as long as they are able to achieve the income they want to earn.
   • Banker: Regimental - KPI-driven management, 5.5 work days, and high frequency of after-office appointments.
5. Minimum Education Requirements
   • FA: Minimum GCE ‘A’ Levels, or Diploma from a local Polytechnic, and above.
   • Bank: Diploma from a local Polytechnic, or Degree of any discipline, and above.

Requirements:

• Singaporean Citizens and Permanent Residents (PRs) ONLY - Have full working rights in Singapore.
• Pass all Core CMFAS papers before commencement (guidance provided).

Apply Now

Submit your application via the Quick Apply button
OR
Contact Wein Ng for a confidential discussion/consultation via 8837 5170.

We regret that only shortlisted candidates will be notified.

EA Personnel Name: Ng Weineng
EA Personnel No: R1985639
EA License No: 02C4944