Key Individual

2 weeks ago


Durban, KwaZulu-Natal, South Africa QZ Asset Management Full time

Key Individual (FSP)
QZ Asset Management

  • R50,000
  • R100,000 per month
  • Permanent Management position
  • Durban, Umhlanga
About the position

We are looking for a Key Individual to join QZ Asset Management in Durban. We are an AI- powered investment firm headquartered in China and with a global footprint around the world. We offer unmatched financial investment services and empower our Financial


Advisors to act independently yet covered, protected and supported by a broad network of resources, holistic global development plans, robust compliance program and a secure FSP framework.


Requirements:

  • Minimum NQF Level
  • Minimum 4 years' FSP management experience.
  • Must be able to act as KI for a Cat 1 FSP.
  • Regulatory examinations RE1 and RE
  • Class of Business Training (Investments) if not exempt
  • CPD required

Responsibilities

Management and oversight of Financial Service:

  • Ensure fit and proper requirements (advisors)
  • Training, knowledge and skill of the representatives
  • Monitoring the activities
  • Oversight of advice
  • Signing and overseeing the contract process (new advisors and product providers)
  • Signing of new agreements with product providers
  • Handling of all complaints (FSCA/Ombud/OSTI)

Management and oversight of FAIS compliance:

  • Create, implement and maintain an effective new business compliance programme with detailed processes guiding the sales force;
  • Oversee the efficiency and quality of compliance programmes & implement enhancements where and when required to ensure successful compliance management;
  • Develop thorough internal client risk controls and continuously monitor adherence to compliance requirements;
  • Engage with stakeholders & compliance officers to develop risk management plans;
  • Maintain compliance registers and relay any FAIS incumbent changes or staff changes to the compliance officer to maintain updated records;
  • Maintain records of all relevant documents as required by FAIS legislation.

General duties

  • Acquire and integrate industry knowledge related to general trends, emerging technologies and competitors;
  • Lead and manage the entire business;
  • Actively identify and develop new business opportunities;
  • Manage internal and external stakeholders to ensure and take accountability that required new business targets are achieved;
  • Create and drive revenue growth to meet and exceed all targets;
  • Develop longterm relationships with all stakeholders, brokers, employers and product providers through establishing businessorientated relationships;
  • Actively explore opportunities;
  • Conduct quarterly capacity planning;
  • Attract and retain appropriate advisors;
  • Identify development needs in direct reports;
  • Ensure fairness and consistency in people management.
  • Ensure targets are achieved across all products categories;
  • Canvassing of brokers and potential customers in order to promote organisational portfolio;
  • Formulate strategic plan for new business sales and identify, develop and convert cross
- selling opportunities;

  • Oversee clients' needs analysis and make oversee appropriate recommendations based on clients' profiles;
  • Create brand awareness in order to positions brokerage as key market player;
  • Recruit and train accredited, successful advisors;
  • Identify key stakeholders within groups and manage relationships thus ensuring new and repeat business;
  • Provide advice and assistance to team/advisors;
  • Manage the productivity of the advisors

Desired Skills:

  • Key Individual
  • Investment trading
  • Portfolio analysis
  • Class of Business
  • FSP

Desired Qualification Level & Accreditations:

  • Chartered Financial Analyst, CFA
  • Institute of Business Advisors Southern Africa

Job Types:
Full-time, Permanent

Salary:
R50, R100,000.00 per month

Ability to commute/relocate:

  • Durban, KwaZulu-Natal: Reliably commute or willing to relocate with an employerprovided relocation package (preferred)
Application Deadline: 2023/04/15
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