financial planner

4 days ago


Pretoria, Gauteng, South Africa Hr Options Full time

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

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.

Responsibilities (Investment Planning):

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

Responsibilities (Estate Planning, Risk Planning & Business Insurance):

  1. Consolidate and summarise all policies, investments & assets and liabilities at death, disability or severe illness;
  2. Consolidate all income and capital needs of the client at death, disability or severe illness;
  3. Calculate tax and duties payable at death;
  4. Prepare the necessary estate planning proposal which contains a breakdown of the estate duty, summary at death and liquidity position at death;
  5. Determine additional cover needed;
  6. Prepare the necessary risk proposal for disability and severe illness which compares the provisions with the shortfall;
  7. Determine capital / income shortfall or surplus at death and can make the appropriate recommendation;
  8. Business Assurance - including Buy-and-sell agreements, credit / debit loan accounts, contingent Liability, keyperson assurance;
  9. 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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