Head Stockbroking and Portfolio Manager

2 months ago

Sandton, South Africa Absa Bank Limited Full time

Empowering Africa’s tomorrow, together one story at a time.
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary
- Accountable for formulating and executing Stockbroking and Portfolio Manager (SPM) business strategy and driving sustainable growth through inspirational leadership. Responsible for client acquisition, retention, share of wallet optimisation, driving growth in market share, enterprise development.
- Accountable for developing and exploiting business opportunities to optimize business profitability and customer satisfaction for the Advice and Investments (A&I) business.

Job Description

Formulate and execute business strategy for the BU
- Formulate and execute SPM strategy into specific performance objectives in line with Advice and Investments and Relationship Bank strategy.
- Assume ownership (sponsorship) on behalf of SPM for the execution and delivery of assigned strategic objectives defined as part of the BU strategy
- Drive the translation and execution of the BU strategy through PD objectives by contracting deliverables with the team, ensuring the top down filtering of these objectives
- Accountable for achieving consistent and profitable revenue growth with the implementation of the strategic objectives
- Ensure that approval and buy-in is obtained for the overall approach prior to execution by means of presentations and personal interactions to ensure effective change management
- Manage the implementation of the BU plans in order to determine the return on investment (ROI) of the strategy and objectives by stringent analysis of the sales and business performance of the BU
- Contribute to the development of the budget (Short-term Plan), 18-month forecast (MTP) and RAF (Revised Annual Forecast) by providing input on the business plan and conducting sensibility checks on the financials
- Facilitate the formulation and management of BU operational plans via planning sessions with stakeholders including banking and product partners.
- Represent the BU at the Advice and Investments Exco to provide feedback on BU performance and future strategies to increase sales drive.
- Monitor and address BU performance by reviewing relevant MI and removing barriers to achieve targets.
- Review capacity and growth of deployed resources in order to identify where resources should be reallocated, developing a short-, medium
- and long-term deployment plan for the province to ensure sustainability of the business
- Serve as the Key Risk owner for BU ensuring the:

- Identification, reporting and management of risks emerging within the business
- Management of remediation actions to address business risks
- Representation on the ERC and other risk-based forums
- Engagement with the risk community to monitor and address focus areas as they emerge

Business Performance
- Compile, co-ordinate and take overall responsibility of Stockbrokers’ financial budgeting, financial and control and reporting
- Develop and maintain Stockbrokers’ financial plan and budget portfolio, incorporating the Advice and Investments business strategy.
- Distribute and manage the allocation of budget to the various teams (Cost centres) with associated financial control.
- Monitor that financial targets and plans are communicated, monitored, and ultimately met ensuring that a monthly report is generate and communicate to relevant stakeholders.
- Monitor that financial targets and plans are communicated, monitored and ultimately met by ensuring that a monthly report is generated and communicated to relevant stakeholders.
- Identify and manage cost drivers in order to improve cost-to-income ratios.
- Manage the compilation and delivery of timely & accurate financial information in terms of monthly variance, quarterly reports and adhoc requests.
- Facilitate that accurate and timeous delivery of annual financial statements is done as per the required standards

Compliance and Risk management
- Monitor all business risk activities (including business assurance and operational risk management) within the operating environment through obtaining feedback and providing guidance for tactical plans to ensure compliance to Group standards.
- Provide guidance and ensure alignment between Operational Risk, Compliance and Legal.
- Evaluate deteriorating risk metrics on an ongoing basis in order to provide support & guidance on corrective measures.
- Review open and overdue audit and management assurance action items and agree with the respective business resources to take ownership for closure and issue assurance for selected findings
- Actively review the Detailed Risk and Control Assessments (DRACA's) that have been
- Monitor all business risk activities (including business assurance and operational risk

  • Portfolio Manager

    6 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all of our expertise at your disposal. We provide a full...

  • Junior Portfolio Manager

    6 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** - Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Junior Portfolio Manager

    3 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** - Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Equity Analyst and Assistant to Portfolio Manager

    6 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** - Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Back Office Manager International

    6 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** - Momentum Securities provides a full range of stockbroking services supported by market-leading investment management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise bespoke solutions for your individual needs, with all our expertise at your...

  • Service Manager: Client Support

    2 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** - Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Portfolio Head

    2 months ago

    Sandton, South Africa Guardrisk Full time

    **Introduction** - Oversee and lead the management, development and growth of the portfolio by identifying opportunities to amplify existing and grow new portfolio of clients through effectively relationship management.**Disclaimer** - As an applicant, please verify the legitimacy of this job advert on our company career page.**Role Purpose** - Oversee and...

  • Portfolio Transactions Manager

    3 months ago

    Sandton, South Africa IDC Full time

    This position focuses on assisting the Divisional Executive in managing the performance of portfolio companies. It involves working closely with Portfolio Management and Monitoring Teams, portfolio companies, and potential strategic partners. The role assists with strategic, operational, financial structuring and closing in-portfolio transactions for...

  • Portfolio Transactions Manager

    3 weeks ago

    Sandton, South Africa TalentCru Full time

    This position focuses on assisting the Divisional Executive in managing the performance of portfolio companies. It involves working closely with Portfolio Management and Monitoring Teams, portfolio companies, and potential strategic partners. The role assists with strategic, operational, financial structuring and closing in-portfolio transactions for...

  • Equity Analyst and Assistant

    6 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** Momentum Securities/Asset Management manages several unit trusts, global and domestic balanced funds and domestic and international equity funds. Momentum Securities offers a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on our product innovation and client service....

  • Portfolio Portfolio Manager

    4 weeks ago

    Sandton, South Africa Neptune Full time

    Job Description:This role plays a vital part in ensuring the health, performance, and risk exposure of Neptune's loan and investment portfolios are effectively managed, monitored, and reported.The incumbent is responsible for providing proactive management of the DBSA Credit and Investment Portfolios to ensure their sustainability and minimize...

  • Portfolio Transactions Manager

    3 months ago

    Sandton, South Africa TalentCru Full time

    This position focuses on assisting the Divisional Executive in managing the performance of portfolio companies. It involves working closely with Portfolio Management and Monitoring Teams, portfolio companies, and potential strategic partners. The role assists with strategic, operational, financial structuring and closing in-portfolio transactions for...

  • Portfolio Transactions Manager

    3 months ago

    Sandton, South Africa TalentCru Full time

    This position focuses on assisting the Divisional Executive in managing the performance of portfolio companies. It involves working closely with Portfolio Management and Monitoring Teams, portfolio companies, and potential strategic partners. The role assists with strategic, operational, financial structuring and closing in-portfolio transactions for...

  • Client Maintenance Administrator

    7 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** - Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Head : Data Strategy and Portfolio Management

    6 months ago

    Sandton, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary Are...

  • Client Liaison Officer

    2 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** - Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Client Liaison Officer

    6 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** - Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Financial Administrator

    6 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Junior Equity Trader

    6 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** Momentum Securities provides a full range of stockbroking services supported by strong management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise solutions for your individual needs, with all our expertise at your disposal. We provide a full...

  • Chief Investment Officer

    3 months ago

    Sandton, South Africa Momentum Securities Full time

    **Introduction** - Momentum Securities provides a full range of stockbroking services supported by market-leading investment management and administrative capabilities. We pride ourselves on product innovation and client service. One of our key strengths is our ability to devise bespoke solutions for your individual needs, with all our expertise at your...