Job Description

Introduction

Momentum, a financial services provider of choice since 1966, known for its entrepreneurial spirit and innovative culture is committed to wealth creation and preservation, insurance, and income protection for all our clients. We do this through our understanding of the retail insurance, savings, and investment markets in SA.

Disclaimer

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

Role Purpose

The Senior Legal Advisor is responsible for financial planning & technical support relating to risk, investments & fiduciary solutions in both individual & business markets.

Requirements

Qualifications and Experience:

Qualifications:



Relevant Law degree (essential)
Postgraduate Diploma in Financial Planning (essential)
FAIS Compliant (RE 1 and RE5 Certification preferred)


Experience:



Financial services and commercial experience (essential)
5 - 8 years' legal advisor experience in the financial services industry.
At least 5 years' industry-related experience.

Duties & Responsibilities

Responsibilities and Work Outputs

Provide expert advice to business on various legal and technical matters in line with legal framework and best practice.
Provide legal advice to all stakeholders on any corporate legal related matters to ensure soundness of commercial operations enabling business to achieve its objectives.
Financial Planning: Identify, analyse, and implement solutions to clients and financial advisers/planners regarding: + Estate planning (including Fiduciary Specialist services)
+ Business planning
+ Tax planning
+ Investment planning
+ Retirement planning
Provide support to financial advisors: + Ensure that the financial adviser/planner's needs are established, and support is provided relevant to those needs.
+ Ensure that you keep the client on top of mind for all individual engagements, discussions, follow-ups and adaptations/modifications and feedback.
+ Contribute to the growth in and retention of risk business (Myriad) and Fiduciary services i.e. wills, trusts and estates.
+ Train and develop financial advisers/planners and assist them with growing their business by providing quality legal and technical support, including fiduciary services.
+ Knowledge sharing and contributing to the monthly, quarterly, and ad-hoc publications (ASAP, Leverage and Momentarily).
Build and maintain relationships with clients and internal and external stakeholders.
Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
Drive client service delivery goal achievement in line with predefined standards in order to ensure that clients receive appropriate advice and after sales service.
Compliance: + Ensure the necessary FAIS Compliance documents are completed and signed and placed on record (Letter of Introduction and Record of Advice, if applicable)
+ Ensure that all legal execution documents are executed in accordance with relevant industry legislation and requirements.
+ Update and educate the business on changes or amendments to business laws and advise how this may affect the business and provide plans to address changes.



Note: This role may require you to travel between provinces.

Competencies

Working with people
Adhering to principles & values
Relating and Networking
Persuading and Influencing
Applying Expertise and Technology
Analysing
Learning and Researching
Formulating strategies and concepts
Plan and organizing
Delivering results and meet customer expectations
Adapting and responding to change
Coping with pressure and setbacks
Achieving personal work goals and objectives
* Entrepreneur and Commercial thinking