Job Family: Investment Banking

Career Stream: Trading

Leadership Pipeline

Manage Self: Professional

Job Purpose

To manage client accounts and portfolios in accordance with agreed mandates and within the limits and control standards of the approved investment management standards and policies. Provide investment advice to clients, execute trades, build and retain client base.

Job Responsibilities

• Structures portfolios to achieve client's investment objectives
  
• Monitors client's investment needs and makes the appropriate portfolio adjustments
  
• Manage and maintain relationships with an approved client base including responsibility for ensuring that the full spectrum of products are offered to all clients
  
• Ensure that any reduction in the scope of mandates or decrease in limits is actioned immediately upon advice
  
• Responsible for growing and improving the quality and size of client base
  
• Take particular care to ensure the spirit as well as the letter of the firm's ethical guidelines are met in all business dealings
  
• Developing client base via direct and third party marketing
  
• Ensure transactions are limited to approved stocks and are within written mandates and delegated limits - at all times.
  
• Ensure that any expansion in the scope of mandates or increase in delegated limits are confirmed in writing before they are actioned 
• Ensure that required details of each deal are recorded immediately, completely and accurately after the deal takes place in the required format and that this information is passed promptly to other parties, as required
  
• Evaluating research reports and using in-house models to establish appropriate portfolio structures.

Requirements

Qualifications & Experience

• Must be a member of the SAIS, i.e. have written the JSE membership exams
  
• A relevant tertiary qualification is essential – BCom Degree
  
• 5 years stockbroking, asset or portfolio management experience
  
• Knowledge of Broker dealing accounting systems (BDA, TALX, CATS, MAIA)

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Essential Certifications

• Registered Securities Trader Exam, Registered Persons Exam (RPE)

Type of Exposure

• Analysing situations or data that requires an in depth evaluation of multiple factors
  
• Developing ways to minimize risks
  
• Managing conflict situations
  
• Influencing stakeholders to obtain buy-in for concepts and ideas
  
• Sharing information in different ways to increase stakeholders understanding
  
• Brainstorming ways of improving a product or situation
  
• Comparing two or more sets of information
  
• Writing client investment proposals
  
• Conducting a client financial needs analysis
  
• Working with a group to identify alternative solutions to a problem
  
• Interacting with diverse people
  
• Communicating complex information orally and in writing

Minimum Experience Level

• 4-5 years as a Stockbroker
• Must be a member of SAIS

Technical / Professional Knowledge

• Administrative procedures and systems
  
• Banking knowledge
  
• Banking procedures
  
• Business principles
  
• Business terms and definitions
  
• Business writing
  
• Data analysis
  
• Governance, Risk and Controls
  
• Industry trends
  
• Microsoft Office
  
• Principles of financial management
  
• Principles of project management
  
• Relevant regulatory knowledge
  
• Relevant software and systems knowledge
  
• Research methodology
  
• Decision-making process
  
• Business Acumen
  
• Financial markets knowledge 
  
• Communication 
  
• Business unit specific operational knowledge

Behavioural Competencies

• Communication
  
• Contributing to Team Success
  
• Building Trusting Relationships
  
• Expanding and Advancing Opportunities
  
• Managing Work (includes Time Management)
  
• Sustaining Customer Satisfaction