Investment & Structured Solutions - International at Absa Group Limited (Absa)

Job Summary

To develop the functional operating models and frameworks in a broadly defined Business functional strategy; positioning and enabling horizontal alignment, implementation and adoption.

Job Description

• New Business Development and Marketing: Devise long term investment strategy to meet the growth of assets under management within a timeframe of 18 months to 3 years.
• Responsible to implement this strategy through interpretation of global trends and pre-emption of local trends. Product identification and innovation based on market trend and regulation.
• Identify, develop and source new relationships with investment clients through 2 personal and client referrals, Absa Group Limited Group internal networks and fostering greater collaboration within group and WIMI business unit;
• Represent Wealth Advisory investment philosophy/views to colleagues, clients and prospects in person, or by written commentaries;
• Achieve personal targets for new clients, assets under management, non interest income (excluding Banking, Credit, FX), relevant fees and total revenue; 
• Client service - Manage and Grow Existing Client Relationships: Quarterly face to face meetings with each client in your designated portfolio expressing ability to discuss investment performance, economic and market trends;
• Undertake bi annual client investment reviews to assess the suitability and objectives of their individual portfolio;
• Maintain the highest levels of service and delivery to existing clients at all times, ensuring that all teams of specialist support within the region work together to deliver client experience as well;
• Act as the key decision maker on all client investment advice and queries across multiple locations for national and offshore jurisdictions.
• Investment Management: Identify investment opportunity within the allocated client portfolio;
• Ability to establish client investment objectives including risk capacity, and asset allocation;
• Ability to grow the investment book;
• Ability to build impeccable investment reviews and proposals even at short notice;
• Develops an investment policy statement (IPS) with each client based on their goals, objectives and risk capacity;
• Semi-annual or annual review of IPS with client;
• Translate investment policy to individual investment objectives;
• Monitor Global Investment & Solutions investment performance versus benchmark and develop insights for clients regarding key contributors and detractors;
• Monitor and recommend asset allocation on a quarterly basis relative to policy and goals, evaluate need to rebalance; Review portfolio issues (i.e. taxes, liquidity events, capital calls, etc) quarterly; Present alternative investment ideas to clients;
• Collaborate with Global Investment & Solutions regarding investment strategy and client portfolio structuring including, but not limited to bringing impact/mission related investing ideas to research team and helping to engage in due diligence on those ideas;
• Evaluate large holdings for performance relative to the overall portfolio and plan strategies for diversification;
• Preparing investment portfolio data for client reporting relating to reviews, restructuring (as appropriate) and reporting on individual and corporate portfolios with the assistance of Investment analyst; Accountable for oversight of investment operations and administration activities. 
• Stakeholder Management: Build strong relationships with both global and local internal and external stakeholders;
• Effectively communicate developments within areas of activity to all relevant stakeholders;
• Ensure impeccable and timeous service levels; Proactively influencing various stakeholders to drive business objectives in Structured Lending, Advisory, FX, SSG and Investment Banking fees. To drive the internal and external brand through media liaisons. 
• Query Resolution: Ensure timely query resolution for clients through various internal and external channels including, where necessary, Ombudsman; 
• Product Oversight: The Wealth Investment Manager will also be required to identify new product for development having reference to industry and integration of internal stakeholder perspectives.
• Risk Management: Undertake overall sales risk and compliance management of the client base; Specific day to day involvement in core business processes: Responsible for high- value and high risk process points such as identification of potential clients, being present for client signing of documents;
• Ensure systems of control to manage compliance in terms of advise being proved to clients ensuring governance in line with FAIS and FSB requirements;
• Ensure embedment of all policies and procedures according to the Front Office manual and to stay abreast of all regulatory and industry changes Proactively embed and assist in formulation of terms of reference of Investment deal forum and Advice risk forum.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Closing Date: 26th, July 2022