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Consultant Estate Planning (Trust) PP Absa

5:46:00 PM

Facing their own mortality is a difficult step that many customers avoid – which is why we need an Estate Planning Consultant who can not only look at a customer analytically from an asset and liability point of view; but also communicate their suggestions with tact and empathy.

If you have exceptional people skills, a B Degree in Law, LLB, BProc or BJuris (or NQF Level 6 equivalent), and at least 5 years in the Estate Planning field, then we want to hear from you! Start your career at Absa today and apply online.

Job Purpose

As an Estate Planning Consultant you will be responsible for making a thorough analysis of a clients assets and liabilities and to conduct an Estate Plan that takes into consideration the clients intention whilst at the same time, limits the obligation for the payment of Estate Taxes, utilizing the Will as a core product.

Key Responsibilities

  • Drive a set income target that is related to New Wills, Estate Planning and consultation fees with the clients of Private Bank and where appropriate the affluent sub-segment of Retail Bank
  • Ensure the quality inflow of new segmented business from distribution channels
  • Ensure that the income from New Paid Wills are equated to the sale of New Wills
  • Ensure sales targets are met within targeted distribution channels
  • Complete Wills on the Chameleon System and when necessary send complex Will Applications directly to the Wills Drafting Office
  • Review Will Applications received via other channels
  • Ensure that a proper Estate Plan is executed for the client
  • Maximise the safe custody of signed Wills by training Private Bank and Retail delivery channels in terms of importance of having customers Wills in safe keeping
  • Ensure that the signed Will is filed in the Safe Custody office within the agreed turnaround time
  • Advise and where applicable, create a Trust either Living or Intervivos depending on the needs of the client
  • Ensure personal sales targets are met after mutual agreement

Desired Skills & Experience

Minimum Requirements

  • B Degree in Law or LLB or BProc or BJuris or Certified Financial Planning or equivalent NQF level 6 qualification or higher
  • Five (5) years experience in Fiduciary Industry, in deceased estates, trust or Wills
  • Proficient in MS Office (Word, Excel, PowerPoint and Outlook) and the Internet
  • No criminal record

Preferred Requirements

  • Honours or Masters Degree in Tax or equivalent NQF level 7 qualification or higher
  • Advanced Certified Financial Planner or equivalent NQF level 7 qualification or higher
  • Five (5) years in Estate Planning field
  • Preference will be given to South African Citizens and Permanent residents of South Africa in possession of proof of permanent resident status

Cluster Information

Absa Financial Services (AFS) is a wholly owned Bancassurance arm of South Africa’s largest retail bank, Absa Group. With one of the largest independent financial, investment and risk advisory companies in South Africa, AFS is strategically positioned to offer superior customer centric financial solutions. We aim to simplify wealth creation, preservation and distribution by providing risk-balanced portfolios to individuals and companies. We focus on developing and maintaining long-term relationships with all our stakeholders by taking every precaution to ensure that our holistic products and services strive to exceed the needs of our customers.

Company Description

The Absa Group Limited (Absa), listed on the JSE Limited, is one of South Africa’s largest financial services groups offering a complete range of banking, assurance and wealth management products and services. Absa's business is conducted primarily in South Africa. It also has equity holdings in banks in Mozambique and Tanzania and representative offices in Namibia and Nigeria. At 31 December 2010, the Group had 718,2 million shares in issue and a market capitalisation of R100,5 billion. The Group had assets of R716,5 billion, 11,8 million customers, 8 963 automated teller machines and 36 770 permanent employees. Absa is a subsidiary of Barclays Bank PLC, which holds a stake of 55,5% in the Group. Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an extensive international presence in Europe, the USA, Africa and Asia.

Additional Information

Posted:
March 9, 2012
Type:
Full-time
Experience:
Mid-Senior level
Functions:
Consulting
Industries:
Financial Services
Compensation:
Negotiable
Job ID:
2683210

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