Financial Adviser: Everyday Banking (FAIS)

About this role

Absa, one of South Africa’s long-standing banks, is hiring a Financial Adviser for its Everyday Banking team in Swellendam. The role is about helping clients plan their finances and putting suitable insurance and investment solutions in place.

What you’ll do

• Build and keep professional relationships with clients, bank staff, product providers and adviser support staff.
• Run financial needs analyses for clients in investments, life insurance and estate planning, using Absa’s approved tool.
• Prepare and present formal recommendations and quotes, always following FAIS rules on the advice you give.
• Complete the application forms and compliance documents for accepted advice, then submit them to product providers.
• Review each client’s portfolio at least once a year and keep contact going on a sensible schedule.
• Meet sales and growth targets, manage your own commission and report on lead conversion.
• Guide and coach adviser assistants, and keep client records and the client database up to date.

What you need

• At least 2 to 3 years of financial planning or advice experience in long-term insurance and investments.
• An NQF 5 qualification approved by the Financial Services Board (FSB), worth 120 FAIS credits.
• RE5 certification.
• Fit and proper status for the licence categories you hold, and a FAIS-licensed adviser role under an Absa advice licence.
• FETC: Business, Commerce and Management Studies (required).
• Ability to complete compliance exams on time, including anti-money laundering, sanctions and basic financial crime concepts.

Is this job for you?

This role suits someone who already advises clients on insurance and investments and enjoys building a client base. You should be comfortable with sales targets, careful with compliance, and happy to work with a regional team and support staff.

Tips before you apply

• Have your FAIS, RE5 and FETC certificates ready, with proof of your fit and proper status.
• On your CV, list each year of long-term insurance and investment advice, with the products you have sold and any targets you met.
• Show how you have used needs analysis tools and followed FAIS rules in past client work, with clear examples.

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