financial planner

1 week ago


Pretoria, Gauteng, South Africa HR Genie Full time

A Financial Planner position available for a leading company within the financial industry.

Your:

Education

  • A financial qualification is essential (e.g. B Com finance, accounting, investment management);
  • A Post Graduate diploma in Financial Planning;
  • CFP designation is essential.

Experience Required

  • Minimum of 3 years relevant experience;
  • Proficient in Afrikaans, both written and verbal communication.

Knowledge

  • Proficient on Microsoft Windows (advanced level in Excel);
  • Building financial models in Excel;
  • Estate Planning tax and regulation.

will enable you to fulfill the following duties:

Responsibilities (Investment Planning)

  • Consolidate and summarise all client assets (policies, investments & properties);
  • Make necessary projections;
  • Highlight different tax implications;
  • Prepare the necessary cash flows to ensure sustainability of income;
  • Identify the appropriate investment vehicle and structure;
  • Identify the clients capital & income needs in the event of death/disability/severe illness/retirement;
  • Determine capital / income shortfalls;
  • Analyse & compare various local & offshore unit trust funds (CIS). Obtain & provide performance graphs, asset allocation, risk & return scatterplots, risk correlation tables etc.

Responsibilities (Estate Planning, Risk Planning & Business Insurance)

  • Consolidate and summarise all policies, investments & assets and liabilities at death, disability or severe illness;
  • Consolidate all income and capital needs of the client at death, disability or severe illness;
  • Calculate tax and duties payable at death;
  • Prepare the necessary estate planning proposal which contains a breakdown of the estate duty, summary at death and liquidity position at death;
  • Determine additional cover needed;
  • Prepare the necessary risk proposal for disability and severe illness which compares the provisions with the shortfall;
  • Determine capital / income shortfall or surplus at death and can make the appropriate recommendation;
  • Business Assurance - including Buy-and.-sell agreements, credit/debit loan accounts, contingent Liability, keyperson assurance and. Deferred/Preferred compensation;
  • Calculate company values where necessary.

People

  • Liaise closely with all stakeholders (i.e. Wealth Planners / Financial Advisors, External brokers, Investment Consultants from Life and Asset Management Companies)

Administration

  • Advise Wealth Planners on where to invest, and tax implications;
  • Drafting of reports and estate plans as per instructions from the Wealth Planner;
  • Provide additional assistance to the Wealth Planners after presentation of the report, when necessary;
  • Research investment portfolios and investment performance;
  • Provide recommendations on various products and investment structures;
  • Track relevant legislation and keep up to date on investment solutions.

Process

  • 3 Business days lead time in preparation of investment reports / proposals for Financial Advisors;
  • 4 Business days lead time in preparation of Estate planning and Business Insurance proposals.

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