Graduate Trainee: Wealth Analyst

3 weeks ago

Johannesburg, South Africa Nedbank Full time

**Job Classification**
- **REQ: 123196 - Refilwe Falatsi**:

- **Location: 135 Rivonia Campus, Sandown**:

- **Closing Date: 23 January 2023**:

- **Division: Wealth Management SA (Distribution)**:

- **Employment Equity Statement: Preference will be given to individuals from underrepresented groups.**:

- **NB: This is a GRADUATE position, applicants with 2 years plus work experience will NOT be considered.**
- Job Family- Investment Banking
- Career Stream- Investments
- Leadership Pipeline- Manage Self: Technical
- FAIS Affected**Job Purpose**
- To assist with the implementation of the business investment philosophy through data analysis, research and support functions, in line with Nedbank Group strategy.**Responsibilities**:

- Assess needs and provide solutions Interacting with internal and external clients.
- Support Structured Lending and Banker with the following:

- Large Exposure reviews.
- Preparing of credit papers.
- Drafting facility letter.
- Preparing pricing motivation and input into the pricing templated.
- Key liaison or conductor of client, client's offices, sales, cross sell, whereabouts of the transaction in the process and attorneys.
- Receiving instruction from clients and sales and redirecting and following up on responses.
- Reconciliations where required - of pay-outs made in development or building loan.
- Analysis of Balance Sheet and Income Statement and analysis thereof for credit.
- Management of expiring facilities.
- Management of arrears together with the Banker and Lender.
- Management of impairments together with the Consultants and Credit Risk Officer.
- Transactional and Overdraft reviews.
- Releases and Guarantees.
- Attending to building draws and payouts for developments.
- Acquisition preparation for new clients and additional accounts.
- Following up with Credit, Legal, Drafting, Attorneys on progress of bonds.
- Ensure that the transaction in pipeline move and follow up on this (manage the pipeline)
- Manage the client reviews - upfront preparation, scheduling appointments and post review capturing.
- Manage non-active and dormant accounts.
- Prepping the EDD / FICA and High-Risk templates.
- Co-ordinate sales teams and follow up on contact made progress for cross sell.
- Deeds search and CIPC.
- Check systems for completeness in terms of FICA and all other documentation requirements (e.g., ROA, Mandates etc.,)
- Drawing up closing letter per client for confirmation.
- Change/Update of client info on all systems - after necessary confirmation with client.
- Identify opportunities for cross sell and upsell.
- Manage workflow to CSC, i.e., follow up on completion resolution.
- Card Matters: Card migrations, Credit card limit increase/decrease/closures and loading of APO's (card).
- Transactional Account Pricing (current account/cars etc.,)
- Overdraft limit activations and cancellations.
- Managing of security/collateral documentation/cession cancellations.
- Home loans queries: _Drafting of Home Loans Restructure agreements. Re-advance disbursements. Building loans progress payments. Home loans cancellations requests. Home Loans consolidations/subdivisions requests: - valuation requests for Building Home Loan externally and internally._
- Power of Attorney's loading and updating.
- Opening and closing treasury investment accounts.
- Opening and closing of Notice Deposits / Fixed deposits/ Reinvestments.
- Placing of notice withdrawals/Early release of investments.
- Fraud prevention / reporting.
- Providing Letters of good standing.
- SARB registration for Foreign National through Non-Res/Embassy Banking.
- Migrating of Foreign nationals account to Non-Res on repatriation.
- Managing the onboarding/offboarding process (end to end - client and product).

**People Specification**
- Essential Qualification- **Matric / Grade 12 / National Senior Certificate**:

- **Bachelor's Degree (Investment Management / Financial Planning)**
- Minimum Experience Level- **Graduate with bachelor's degree in Investment Management or Financial Planning or similar NQF 7 commercial degree.**:

- **0-1 year experience from the financial or banking industry.**:

- **Graduates with 65% plus marks average will be considered (NB: Academic transcripts will be requested)**

**Technical / Professional Knowledge**
- Banking procedures
- Business principles
- Business terms and definitions
- Data analysis
- Governance, Risk and Controls
- Microsoft Office
- Relevant regulatory knowledge
- Business writing skills
- Cluster Specific Operational Knowledge
- Numeracy
- Behavioural Competencies- Adaptability
- Applied Learning
- Communication
- Customer Focus
- Work Standards
- Managing Work
- Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_

  • Graduate Trainee-8

    1 month ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Trainee role is a developmental pipeline for key roles in business units - Deliver exceptional service that exceeds customers expectations through proactive, innovative and appropriate solutions - Provision of an efficient execution of role responsibilities through careful and timeous planning, reporting and updating of all related...

  • Graduate Trainee-25

    1 month ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Trainee role is a developmental pipeline for key roles in business units - Deliver exceptional service that exceeds customers expectations through proactive, innovative and appropriate solutions - Provision of an efficient execution of role responsibilities through careful and timeous planning, reporting and updating of all related...

  • Graduate Trainee-26

    1 month ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Trainee role is a developmental pipeline for key roles in business units - Deliver exceptional service that exceeds customers expectations through proactive, innovative and appropriate solutions - Provision of an efficient execution of role responsibilities through careful and timeous planning, reporting and updating of all related...

  • 2023 Risk Graduate Trainee

    1 month ago

    Johannesburg, South Africa Munich Re Full time

    **2023 Risk Graduate Trainee**: **Location** Johannesburg, South Africa **Munich Reinsurance Company of Africa Limited (MRoA) has been operating in South Africa for over 50 years, although the Munich Re (Group) was active on the Continent via Munich Re in Munich for some years prior to commencing the Southern African operation in Johannesburg in 1968. The...

  • Graduate/Junior Data Analyst

    1 day ago

    Johannesburg, South Africa Network Recruitment Full time

    Join a dynamic FinTech team, who focuses on driving optimization and improvement of products through insightful data analysis and innovative solutions. We are seeking a passionate Graduate/Junior Data Analyst to manage and monitor data processes, ensure database integrity, and develop custom data models.

  • Junior Analyst

    6 days ago

    Johannesburg, South Africa Kontak Recruitment Full time

    "Junior Analyst (Recent Graduate) (JB4389)  Fully remote for applicants currently living in South Africa R16 000 - R22 000 CTC per month Independent Contractor   Are you a recent graduate, eager to start a career in analytics?  We are partnering ... Completed relevant bachelors degree. Proficient in Microsoft Excel and passionate about analytics....

  • Human Resources Trainee Manager Graduate Programme

    1 week ago

    Johannesburg, South Africa Shoprite Full time

    Purpose of the Job We are focused on building Human Resource careers with a strong focus on retail experience in order to create great career opportunities in the People space in our business. To this end, we are looking for recent Human Resource Graduates to join our Retail Trainee Manager programme, which runs approximately 12 months. The programme...

  • Head Marketing Wealth Management Sa

    1 month ago

    Johannesburg, South Africa Nedbank Full time

    **Job Classification** - **REQ: 125738 - Refilwe Falatsi**: - **Closing Date: 28 April 2023**: - **Division: Wealth Management SA (Client Enablement)**: - **Employment Equity Statement: Preference will be given to individuals from underrepresented groups.** - Job Family- Marketing, Communication and Research - Career Stream- Marketing and Brand...

  • Cima Trainee

    1 month ago

    Johannesburg, South Africa Communicate Recruitment Full time

    A well-established and fast-growing accounting firm seeks a BCom Management Accounting or Financial Management graduate to join them for the commencement of their CIMA articles. Multiple CIMA Trainee roles are available. **Job & Company Description**: Main duties will include preparation of monthly management accounts, compiling annual financial statements,...

  • Cima Trainee

    1 month ago

    Johannesburg, South Africa Communicate Recruitment Full time

    A well-established and fast-growing accounting firm seeks a BCom Management Accounting or Financial Management graduate to join them for the commencement of their CIMA articles. Multiple CIMA Trainee roles are available. **Job & Company Description**: Main duties will include preparation of monthly management accounts, compiling annual financial...

  • Graduate Credit Analyst

    1 month ago

    Johannesburg, South Africa Preference Capital Full time

    Job Opportunity: Graduate Credit Analyst Company:Preference Capital Location:Johannesburg Key Responsibilities: Credit Scoring: - Conduct financial analysis of businesses, identifying potential risks, evaluating capital structure, and performing relevant financial ratio analysis. - Vet applicants through credit bureaus, contacting parties involved in the...

  • Trainee Accountant/Article Clerk

    7 days ago

    Johannesburg, South Africa Dante Personnel Full time

    Minimum requirements: Accounting firm looking for a Article Clerk/Trainee AccountantAccounting qualification or relevantNo experience required - Graduate or Final Year StudentKnowledge of CaseWareMust be proficient in English Must have own reliable transport (preferable) and valid drivers licenseHigh achiever with excellent grades Consultant: Ryan la Fleur -...

  • Senior Actuarial Analyst

    4 weeks ago

    Johannesburg, South Africa Believe Resourcing Full time

    **About our Client**: Join the ranks of the world's leading reinsurance company! With over 40,000 employees across numerous global locations, our client has been a pillar of the insurance industry in South Africa for over 50 years. They are at the forefront of transforming how insurance is perceived, converting uncertainty into manageable risk and driving...

  • Saica Trainee

    1 month ago

    Johannesburg North, South Africa AFT Staffing Solutions Full time

    Our client is a highly professional, close-knit auditing firm looking to bring on-board exceptional Accounting Graduates that are motivated to grow. **Desired Experience & Qualification** - Saica accredited BCom or BCompt Degree in Accounting Science. - Or registered to study towards CTA Level 1 / 2 - Driver's License - Own vehicle - Be able to work under...

  • Front Office Graduate

    1 month ago

    Johannesburg, South Africa IG Group Full time

    Job Title Front Office Graduate **Job Description**: Front Office Graduate Trainee - Johannesburg Programme start date: January 2024 IG - who we are We’re a FTSE 250 company with a forty-year history of being a market leader in our field. Our aim is to become the default choice for active traders globally, supported by over 2,000 staff located across...

  • Actuarial Analyst

    24 hours ago

    Johannesburg, South Africa Adzuna ZA B C2 Full time

    An opportunity exists at the biggest wealth management, asset management, and insurance-providing company for an Actuarial Analyst.You will be tasked with the following:Conduct calculations required for SAM, SARB reporting, and internal management reports.Conduct calculations and scenario testing for the ORSA cycle.Offer technical support for new business...

  • Junior Analyst

    5 days ago

    Johannesburg, Gauteng, South Africa Kontak Recruitment Full time

    "Junior Analyst (Recent Graduate) (JB4389) Fully remote for applicants currently living in South Africa R R22 000 CTC per month Independent Contractor Are you a recent graduate, eager to start a career in analytics? We are partnering ...Completed relevant bachelors degree. Proficient in Microsoft Excel and passionate about analytics. Excellent command of...

  • Data Trainee

    1 month ago

    Johannesburg, South Africa Munich Re Full time

    **Data Trainee**: **Location** Johannesburg, South Africa **Munich Reinsurance Company of Africa Limited (MRoA) has been operating in South Africa for over 50 years, although the Munich Re (Group) was active on the Continent via Munich Re in Munich for some years prior to commencing the Southern African operation in Johannesburg in 1968. The Head Office of...

  • Acturaial Anaylist

    1 month ago

    Johannesburg, South Africa Extraordinary Futures Full time

    Gauteng, JHB - Central - R 30 000 - R 40 000 Monthly Cost To Company **Actuarial Analyst** An exciting opportunity to join a exceptional team who is professional, effective, dynamic and who allows for not only growth but personal wealth as well. R 30 000 - R40 000 plus benefits Looking for a graduate in actuarial science or statistics with circa 3 years...

  • Investment Analyst

    1 month ago

    Johannesburg, South Africa Mass Staffing Projects Full time

    **Job Information** - Location- Asset Management Jobs in Johannesburg- Salary- R450k - R550k- Job Type- Permanent- Education- CA (SA)/CFA- Experience- 3 - 6 years’ experience in investments- Reference- 030621FJIAA01- - finance.jobs(at)staffingprojects.co.za- Fax- 0865728847Exciting role with a Private Equity Fund Manager operating in the Lower and...