Key Individual - Durban, South Africa - QZ Asset Management

QZ Asset Management

Verified Company

Durban, South Africa

2 days ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Key Individual (FSP)
QZ Asset Management

R50,000
R100,000 per month
Permanent Management position
Durban, Umhlanga

About the position

We are looking for a Key Individual to join QZ Asset Management in Durban. We are an AI- powered investment firm headquartered in China and with a global footprint around the world. We offer unmatched financial investment services and empower our Financial

Advisors to act independently yet covered, protected and supported by a broad network of resources, holistic global development plans, robust compliance program and a secure FSP framework.

Requirements:

Minimum NQF Level
Minimum 4 years' FSP management experience.
Must be able to act as KI for a Cat 1 FSP.
Regulatory examinations RE1 and RE
Class of Business Training (Investments) if not exempt
CPD required

Responsibilities

Management and oversight of Financial Service:

Ensure fit and proper requirements (advisors)
Training, knowledge and skill of the representatives
Monitoring the activities
Oversight of advice
Signing and overseeing the contract process (new advisors and product providers)
Signing of new agreements with product providers
Handling of all complaints (FSCA/Ombud/OSTI)

Management and oversight of FAIS compliance:

Create, implement and maintain an effective new business compliance programme with detailed processes guiding the sales force;
Oversee the efficiency and quality of compliance programmes & implement enhancements where and when required to ensure successful compliance management;
Develop thorough internal client risk controls and continuously monitor adherence to compliance requirements;
Engage with stakeholders & compliance officers to develop risk management plans;
Maintain compliance registers and relay any FAIS incumbent changes or staff changes to the compliance officer to maintain updated records;
Maintain records of all relevant documents as required by FAIS legislation.

General duties

Acquire and integrate industry knowledge related to general trends, emerging technologies and competitors;
Lead and manage the entire business;
Actively identify and develop new business opportunities;
Manage internal and external stakeholders to ensure and take accountability that required new business targets are achieved;
Create and drive revenue growth to meet and exceed all targets;
Develop longterm relationships with all stakeholders, brokers, employers and product providers through establishing businessorientated relationships;
Actively explore opportunities;
Conduct quarterly capacity planning;
Attract and retain appropriate advisors;
Identify development needs in direct reports;
Ensure fairness and consistency in people management.
Ensure targets are achieved across all products categories;
Canvassing of brokers and potential customers in order to promote organisational portfolio;
Formulate strategic plan for new business sales and identify, develop and convert cross

- selling opportunities;

Oversee clients' needs analysis and make oversee appropriate recommendations based on clients' profiles;
Create brand awareness in order to positions brokerage as key market player;
Recruit and train accredited, successful advisors;
Identify key stakeholders within groups and manage relationships thus ensuring new and repeat business;
Provide advice and assistance to team/advisors;
Manage the productivity of the advisors

Desired Skills: