Job Description

Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses. Visit us at www.momentummetropolitan.co.za

Disclaimer

As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose

To provide strategic and tactical direction, leadership, and integration of Wealth Management and Financial Planning propositions within Consult. The role is responsible for the design, build and implementation of Consult Wealth management and financial planning solutions, therefore enabling advisers with holistic financial planning solutions, ensuring client-centric advice, and embedding Consult wealth management and financial planning solutions across products and services. This includes providing thought leadership, driving innovation, strengthening technical advice capability, and building a culture of sustainable financial wellness. The role will support, lead, and enable Consult in aligning Wealth Management and Financial Planning strategies with business objectives, adviser growth, and client outcomes.

Requirements

Bachelor's degree in finance, Business Management, Economics, or related field (Master's degree preferred).
Postgraduate Diploma in Financial Planning.
Certified Financial Planner (CFP) designation (essential).
Additional professional certification such as CFA (advantageous).
Minimum 5 - 8 years of experience in financial services and wealth management.
At least 5-8 years' experience within the corporate financial advice and distribution sector.
Proven experience in managing financial adviser networks and enabling advice-led distribution.
3-5 years' exposure to specialized investments and wealth management propositions.

Duties & Responsibilities

Formulation, implementation and promotion of the strategic wealth strategy and financial planning whereby providing thought leadership across Consult (Internal perspective):

Design, implement, and promote the Wealth Management and Financial Planning strategy, providing thought and execution leadership across Consult.
Contribute and communicate forward-thinking Wealth and Financial Planning frameworks and advice processes, ensuring alignment to Consult priorities.
Contribute to thought leadership internally and across the industry, driving continuous innovation, vertical integration and business transformation.
In alignment with the Advice philosophy, develop and execute specific Wealth Management and Financial Planning strategies that address the unique requirements of Consult while maintaining consistency with the overall strategic vision.
Oversee the creation and execution of tailor-made Wealth and Financial Planning processes, tools, and advice standards that enable high-quality, consistent and compliant client outcomes.
Collaborate with implementation teams to ensure seamless execution of both wealth and financial planning initiatives.
Ensure that Wealth and Financial Planning frameworks, methodologies and advice processes adhere to FAIS (inclusive of being CoFi-ready), regulatory requirements, governance frameworks and industry best practices.
Develop and implement tailored risk management strategies for Consult, ensuring proactive identification and mitigation of emerging risks.
Conduct research to stay at the forefront of market trends, investment strategies, economic developments, financial planning practices and legislative changes.
Analyse data and research to identify unique opportunities and challenges within Consult, enabling data-driven decisions.
Partner withbusiness development teams to identify growth opportunities, enhance adviser productivity, and attract new clients.
Drive strategies to increase, retain and grow assets under management, assets under advice and quality of financial plans delivered, ensuring both profitability and client-centricity.
Create and promote the connection between the Investment Philosophy, Risk Profile, Elite Wealth Process and Financial Planning frameworks, ensuring integration and consistency in deployment.
Act as the key relationship manager with providers, strategic partners and Momentum Investments, ensuring effective collaboration and delivery.
Drive and influence both the investment behaviour and financial planning discipline of advisers based on the Momentum Advice philosophy.
Promote structure, fee optimisation and financial planning standards to deliver sustainable client outcomes and business growth.


Lead and grow Wealth management and financial planning in Consult to contribute to client growth, engagement and sound financial advice (Client perspective):



Drive a client-centric culture by ensuring high-quality, holistic financial planning advice.
Partner with advisers and FP's to enhance client retention, engagement and financial wellness outcomes.
Align financial planning solutions with clients' needs, risk profiles and long-term objectives.
Leverage insights, research and market trends to continuously refine advice strategies and propositions.
Strengthen client trust through transparent practices and structure optimisation.
Work in conjunction with brand and marketing manager to enable GM's, FDM's and advisers to deploy effective strategies towards client growth, engagement and sound financial advice.


Effectively lead team (People):



Lead and inspire a high-performing team of financial planning specialists within Consult.
Recruit, develop, and retain talent aligned to Employment Equity and business growth priorities.
Foster a collaborative, inclusive culture that empowers advisers and consultants to thrive.
Build leadership bench strength through mentorship, coaching and succession planning.


Ensure efficient and effective practice (Finance):



Lead financial planning strategy to contribute to revenue growth, assets under management and cost efficiency.
Identify and unlock growth opportunities through financial planning-led solutions.
Ensure effective financial governance, budget management and risk oversight.
Promote efficiency and sustainability by embedding cost-effective practices and digital enablement.
Enable integration with Wealth Management solutions to maximise financial outcomes for clients and Consult.

Competencies

Business Acumen: Understands how the business operates, what the key issues and risks are that drives business success; and how they impact on the commercial viability of potential ventures and the profitability of the Group
Collaboration: Prioritises the business interests of MMH and invests in the success of the group by aligning effort across divisions.
Client/ Stakeholder Commitment: Anticipates, meets and exceeds client's needs by creating long lasting relationships that support the client value proposition, supports their financial wellness and ensures client centricity
Impact and Influence: Persuades, convinces, influences and inspires others, both within MMH and externally to win support, loyalty and gain commitment to the purpose of MMH.
Drive for Results: Drive a sense of urgency, focus, accountability, agility and execution to deliver business results.
Self-Awareness and Insight: Manages self and relationships with others effectively, deals with ambiguity, uncertainty and pressure, and provides perspective in difficult situations.
Leads Change and Innovation: Actively leads change, does what is right for the business and drives continuous improvement through innovation.
Diversity and Inclusiveness: Is sensitive to individual and cultural differences and demonstrates humility and an openness to engage people from diverse backgrounds and cultures to the mutual benefit of all parties concerned.
Motivating and Inspiring Team: Creates and maintains an open, positive working environment by generating commitment, building trust, a shared sense of purpose, empowerment in others and encouraging them to contribute to the best of their ability. Growing Talent: Takes responsibility for own development; and actively mentors, coaches and develops talent in others. Builds leadership bench strength for MMH by providing opportunities and experiences to develop skills, competencies and business knowledge.
* Strategic Thinking: Creates competitive and breakthrough strategies to drive short term profitability and long-term business growth and shareholder value.