Job Opportunities at Momentum

Role Purpose    

• Create diverse market access opportunities in a particular region, by opening worksites and establishing, developing and maintaining relationships with key stakeholders. 

Requirements    
Requirements of the Job

Qualifications:

• Degree in Finance, Business Administration or other relevant degree
• Valid driver’s licence and own transport

Experience

• 3-5 years’ relevant experience in the financial services industry, particularly understanding of lower income market products and client needs
• 2 years’ experience in the management of complex projects in the financial services industry
• Excellent presentation and negotiation skills

Duties & Responsibilities    
Duties & Responsibilities

INTERNAL PROCESS

• Implement the market access strategy for existing and new markets in line with the operating model.
• Conduct analyses of existing key accounts (unions etc.) in a region, make recommendations on the strategic or tactical direction going forward and then implement in collaboration with the regional sales staff.
• Manage existing key relationships and key stakeholders and ensure that these are retained.
• Identify region specific appropriate sectors, new worksites and other key accounts, in collaboration with the stakeholders, through geo-mapping and geo-economic analysis etc.
• Provide strategic and tactical inputs to the prioritisation of potential new worksites in the context of the regional strategy.

Open new worksites and or other key accounts for the channel by:

• presenting the employer/employee value proposition to the key stakeholders and negotiating access for consultants to the premises and facilitating the establishment of a stop order facility, together with the Stop order account manager concluding a formal agreement with the key worksite stakeholder(s) that stipulates what has been agreed regarding roles and responsibilities, timing etc.
• Oversee the development and execution of marketing plans and activation events to launch and entrench our presence at a new worksite.
• Oversee and/or provide inputs to a sponsorship/activation approach for a new worksite.
• Regular report on performance of key accounts the candidate is responsible for to relevant stakeholders.
• Measure and report on the success of events and the ROI of money spent in a particular worksite.
• Involve channel representatives in the negotiations, ensure that relationships are then handed over to the right people and at the right time.
• Assist with training of consultants and managers on the employer/employee value proposition and the skill of opening new worksites.

Competencies    
Business Acumen

• Understands how the business operates, what the key issues and risks are that drives business success; and how they impact on the commercial viability of potential ventures and the profitability of the Group.

Client/ Stakeholder Commitment

• Anticipates, meets and exceeds client’s needs by creating long lasting relationships that support the client value proposition, supports their financial wellness and ensures client centricity.

Collaboration

• Prioritises the business interests of MMI and invests in the success of the group by aligning effort across divisions.

Impact and Influence

• Persuades, convinces, influences and inspires others, both within MMI and externally to win support, loyalty and gain commitment to the purpose of MMI.

Drive for Results

• Drive a sense of urgency, focus, accountability, agility and execution to deliver business results.

Leads Change and Innovation

• Actively leads change, does what is right for the business and drives continuous improvement through innovation.

Self-Awareness and Insight    

• Manages self and relationships with others effectively, deals with ambiguity, uncertainty and pressure, and provides perspective in difficult situations.

Diversity and Inclusiveness     

• Is sensitive to individual and cultural differences and demonstrates humility and an openness to engage people from diverse backgrounds and cultures to the mutual benefit of all parties concerned.

Closing Date
30/04.2023

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Role Purpose    

• The Investment Development Consultant uses innovative engagement and influence techniques to market Momentum Investments to IFAs that have potential to do business with us. They identify, cultivate, and grow this potential into fully functioning Investment panels.

Requirements    
Qualifications:

• 3-year BCom degree in the following fields: Business Management, Investments (essential)
• Honours degree is an advantage
• CFA and/or CFP is an advantage

Experience:

• 1 to 3 years’ financial service industry experience - must include investments (essential) 
• Experience in Momentum Investments is an advantage 
• Strong knowledge of the investments and wealth management industry in SA and international markets including but not limited to Fund Selection, DFM and Securities. 
• A proven track record in successfully dealing with clients and/or IFAs in a practice management environment is an advantage. 
• Technology Savvy

Duties & Responsibilities    

Connection and Engagement

• Engage every targeted Investment IFA in a structured, professional, and effective manner.
• Ensure that any block to building a partnership is removed
• Queries handled and feedback given timeously
• The Investment Development Consultant must understand the targeted IFA that we are focusing on. Understand the landscape in which we operate, the competitor environment, including but not limited to compile complete and accurate lists of IFAs to invite to Marketing events, Conferences and Summits and targeted groups, new partner discussions.
• The Investment Development Consultant must be passionate and represent the Brand with conviction
• Develop IFA retention strategies that focus on engagements that encourage IFA to keep their books with us.

Enthuse through Brand, SME Service & Digital

• Ensure long-lasting, deep, and meaningful relationships with the IFA are forged through brand, Service, Digital & Relationships
• Market the level of expertise we have in the IFA office bringing energy to reinforce Momentum presence in the market.
• IFAs to move from non-active supporters to active supporters to ambassadors.
• Connection to the Brand and Digital way of work
• Showing IFA’s the best way to work with us

Influence through coaching and learning

• Ensure that IFA has the perception that Momentum are thought leaders. Good source of information.
• Investment Development Consultant will coach every IFA that they look after through 1:1 coaching sessions and regular engagements
• Investment Development Consultant will have a very clear understanding of the impact of regulation on the IFA practice.
• Be accountable, innovative, excellent, honest, diverse, and influential in your business dealings

Enable through partnership:

• Ensure that IFA has the perception that Momentum are thought leaders. Good source of information.
• Understand the power of financial planning and advice and how our products can assist the IFA to grow. Advice led Coaching competence of the IFA
• Have a very good understanding of the strengths, vulnerabilities, risks, and opportunities of the panel they support the RGM in his or her planning and thinkin

Competencies    

• Leading change and innovation
• Diversity and inclusiveness
• Drive for results
• Ability to drive and influence IFA commitment
• Collaboration
• Impact and influence
• Growing talent.
• Self-awareness and insight