Standard Bank Jobs Wealth Manager – Uganda

Wealth Manager Job at Standard Bank

Play a leading role in the establishment and growth of the Wealth and Investment business in Uganda

Have the technical knowledge to provide holistic financial planning services to High Net Worth clients, including investments (on- and offshore), estate and retirement planning, and Trust &

Fiduciary, with the intention of increasing assets under management. Be able to ‘hunt’ for new clients (market Wealth & Investment clients) as well as maintain relationships on an ongoing basis.

Develops and maintains credible, trustworthy client relationships which are based on relevant and accurate advice, tailored solutions and an intimate understanding of the clients’ needs and personal circumstances.

Fully accountable for the relationship with clients. Control and manage the relationship that the client has with Stanbic Bank on an ongoing basis as well as marketing the services of the other internal divisions (Melville Douglas, stockbroking and the greater Standard Bank Group).

Wealth Manager Job Responsibilities

• Key liaison for the establishment of Wealth and Investment business in Uganda
• Develop a plan to establish and grow the Wealth and Investment business in Uganda.
• Responsible for the implementation of the growth plan.
• Work with key stakeholders both in Stanbic Uganda and the broader Standard Bank Group to implement the plan.
• Responsible for the profitability of the portfolio and take-on of all new clients
• Increasing lending fees and assets under management.
• Client acquisition and retention – service orientated.
• Relationship management.
• Client balance sheet optimization.
• To remain complaint with all legislation pertaining to financial planning, where applicable
• Meet agreed revenue targets
• Take accountability for client profitability on a product agnostic basis (ie across the clients’ portfolio of products)
• Represent Standard Bank Wealth and Investment function in a professional manner, help build its profile and reputation as a high quality service, with a focus on maintaining long-term relationships with clients
• Broaden client relationships within the Group through introductions and facilitation of business flows through CIB, PBB and Liberty as appropriate.
• Provide appropriate advice to clients on products and service offerings and ensure that these are packaged and structured to minimise risk to protect the interest of both parties. Collaborate with product specialists (both onshore and offshore)
• Coordinate and execute an appropriate client contact plan and ensure coordination with broader marketing and events

Qualifications for the Wealth Manager Job

• Appropriate Financial or Investment Degree
• Proven track record in the financial services industry, preferably with relationship management experience in
• Wealth and Investment, Business Banking or Investment Banking.
• Understanding of financial service trends and Wealth and Investment both nationally and internationally.
• Understand the activities of the traditional and non-traditional competitors and the impact of these on Wealth and Investment’s relationship with the client.
• Utilize information management systems and processes to pre-empt selling opportunities and identify opportunities and threats to clients and the bank.
• Effectively use this knowledge to continually provide information to ensure that the products and services of the bank meet the needs of the client and stay abreast with world best practice
• Monitor markets and pre-empt risk for both the client and the bank
• Good knowledge and understanding of banking, risk, wealth creation mechanisms and the entire range of products and services useful to Wealth and Investment, with knowledge of their mechanisms, client benefits, limitations, profitability to the bank, and value in developing long term business relationships.
• Utilize this knowledge to identify cross-selling opportunities and identify the relevant resources within the bank to optimize these selling opportunities.
• A thorough understanding of financial markets, their behaviour, movements and expectations with respect to market.
• Ability to appropriately balance technical input and marketing skill to address client environment and needs

How to Apply
If you meet the above qualifications, apply through our online recruitment portal before 26th September 2017.