Share this Job
Apply now »

Private Banker



Johannesburg, ZA

Date:  22-Jun-2022

Job Classification

Requisition number - 116 947 - Melissa Cloete

Closing Date - 13 May 2022

Job Family

Nedbank Wealth Cluster - Wealth Management SA Division - Nedbank Private Wealth functional area

Career Stream

Relationship Management

Leadership Pipeline

Manage Self: Professional

FAIS Affected

FAIS Affected - Yes

Job Purpose

To deliver banking solutions to clients by understanding their business and needs through relationship management to achieve Nedbanks strategy to be the most admired bank.

Job Responsibilities

  • Deliver banking solutions that meet client needs through understanding of client's business and needs through relationship management.
  • Demonstrate an understanding of risk parameters by managing client relationships according to credit principles
  • Improve results by tracking and analysing financial reports against agreed measures.  
  • Understand clients business and needs through proactive client relationship management according to portfolio mandate.
  • Build relationships with internal stakeholders through communication and networking as determined by client needs.
  • Collaborate with third parties by engaging with them as guided by requirements of solutions delivered to clients.
  • Complete tasks through planning and reviewing against set targets.
  • Manage resources (time, processes and support teams) to optimize value against client expectations.
  • Comply with risk standards,policies and procedures through training and development as required by group complianceframework
  • Research and analyse information by using problem solving techniques to propose solutions for work challenges.
  • Support the achievement of the  business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned.
  • Identify training courses and career progression for self through input and feedback from management.
  • Ensure all personal development plan activities are completed within specified timeframe.
  • Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
  • Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.  
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy).
  • Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.

People Specification

Essential Qualifications - NQF Level

  • Matric / Grade 12 / National Senior Certificate

Preferred Qualification

Degree in Business or Finance (e.g. BSc Economics, B Comm

 FAIS Accreditation Regulatory Examination RE5 or RE1

Certified Financial Planner (CFP)

Essential Certifications

    Preferred Certifications

    Type of Exposure

    • Conducting root cause analysis
    • Working with a group to identify alternative solutions to work situations.
    • Analysing situations or data that requires an evaluation of multiple factors
    • Interacting with diverse people
    • Building and maintaining effective relationships with diverse internal and external stakeholders
    • Developing ways to minimise risks
    • Analysing and interpreting qualitative and quantitative data
    • Drafting reports
    • Interacting with various levels of management
    • Managing conflict situations
    • Managing multiple projects
    • Influencing stakeholders to obtain buy-in for concepts and ideas.
    • Answering customer questions
    • Sharing information in different ways to increase stakeholders understanding
    • Communicating complex information orally
    • Communicating complex written information
    • Brainstorming ways of improving a product or situation.
    • Challenging the status quo with a view to improving the environment or peoples understanding
    • Identifying trends
    • Checking accuracy of reports and rec
    • Communicating standards to others
    • Conducting gap analysis
    • Conducting a needs analysis
    • Comparing two or more sets of information
    • Coordinating and securing buy-in from stakeholders
    • Preparing and delivering presentations
    • Writing business proposals
    • Providing professional advice/opinion
    • Using different approaches in new work situations

    Minimum Experience Level

    2-3 years as a Private Wealth Banker within a Wealth Management environment.

    Technical / Professional Knowledge

    • Banking knowledge
    • Banking procedures
    • Business Acumen
    • Business principles
    • Business writing
    • Communication Strategies
    • Data analysis
    • Governance, Risk and Controls
    • Microsoft Office
    • Nedbank policies and procedures
    • Nedbank vision and strategy
    • Principles of financial management
    • Principles of project management
    • Relevant regulatory knowledge
    • Relevant software and systems knowledge
    • Decision-making process
    • Nedbank culture
    • Cluster Specific Operational Knowledge

    Behavioural Competencies

    • Communication
    • Energy
    • Building Trusting Relationships
    • Managing Work
    • Sales Disposition
    • Sustaining Customer Satisfaction


    Please contact the Nedbank Recruiting Team at +27 860 555 566


    If you can't find the job you're looking for, activate job alerts to be one of the first to know when new positions open up.

    Apply now »