Wealth Banker

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 banking, lending and foreign exchange requirements. Provide specialist advice and support in the development of tactical strategy and plans.

Job Description

1. New Business Organisation: Devise short term tactical plans to meet annual budget and targets up to a 6 to 12 month timeframe. Identify, develop and source new High Net Worth and Ultra High Net Worth relationships through personal and client referrals, Absa Group Limited internal networks and fostering greater collaboration within group and WIMI business unit. Achieve personal targets for new and existing clients for Transactional Banking, Credit, and FX. Contribute to referring relevant business to other parts of Wealth Advisory and/or the broader Absa Group Limited.
2. Client Service - Manage and Grow Existing Client Relationships: Conduct quarterly meetings with each client in your designated portfolio. Undertake annual credit reviews to assess the health of your Clients' financial position, with cooperation from various teams in the region. Maintain the highest levels of service and delivery to existing clients at all times. Act as the key contact point for all client advice regarding Transactional Banking, Credit, and FX.
3. Client Relationship Management: Maintain the highest levels of service and delivery to existing clients. Be the key contact for all banking and credit advice and client queries. Act as the key interface between clients and other parts of Absa Group Limited/WIMI and the wider Absa Group Limited.
4. Involvement in Credit Related Tasks: Engage in client interaction to gather information related to Transactional Banking, Credit, and FX. Ensure efficient client interactions and timely credit review processes. Liaise with product houses to ensure credit tasks related to clients are completed.
5. Governance and Control: Ensure conformity with global and market standards of client services, regulatory compliance, KYC, product delivery and operating model.
6. Query Resolution: Undertake query resolution related to the client portfolio and act as the escalation point for serious client complaints.
7. Operational Support: Provide accurate/timely preparation of file notes, client letters, and other client documentation for all client meetings and follow up as required.

Education

Postgraduate Degrees and Professional Qualifications: 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 the 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.