International Wealth Manager at Nedbank Private Wealth South Africa

Job Purpose

• Source new international investment business to grow assets under management, both from own direct clients and to assist the broader Region in meeting their International Growth Targets.

 Profile

A well networked individual with extensive experience in international investments, either from within an SA Wealth Management business or internationally. Proven track-record in generating new business in a client facing capacity.

Job Responsibilities

• Utilising own networks and contacts to generate international investment and lending business;
• Target other business units within Nedbank to source investment and lending leads andpromote cross-sell;
• Provide specialist support for Wealth Managers within National offices to assist in landing new business, facilitating effective management of existing clients and improving client retention;
•  Presenting at forums of potential clients and lead providers for business development;  
• Regular interaction with Investment Management Team (Nedgroup Investments) in providing inputs for the construction of international model portfolios which meet the needs of clients;
• Participation in Regional Deal Forums to ensure that client Financial Proposals are aligned with the business ‘house view’, meet the requirements of best advice and ensure quality control;
• Training of Wealth Managers in international investment offering, including ongoing updates;
• Implementation and rebalancing of International segregated portfolios in line with model portfolios utilising investment management software;
• Liaise with Nedgroup Trust Business in Guernsey and Jersey with regard to the management of international Trust client portfolios;
• Input into Regional Business Strategy with regard to achievement of international targets;
• Regular interaction with International teams in other Regional SA offices to share ideas and drive initiatives throughout the business;
• Liaising with Nedbank Private Wealth’s International team (Isle of Man, UK, Jersey) to promote operational efficiencies for SA clients investing internationally;
• Remaining up to date with changes to local and international tax legislation and regulatory requirements, thereby ensuring advice on client structuring is effective and relevant;
• Run with ad hoc projects aimed at improving efficiencies and revenue, e.g. re-mandating clients to clean priced funds in line with RDR, weaning out below minimum accounts, etc

Preferred Qualification

• Relevant undergraduate degree (B.Comm/ B.Sci/ LLB)
• Postgraduate CFP or International equivalent.