Wealth Banker

Job Summary

Manage and grow a portfolio of high net worth clients, trusts, investment holding companies and businesses, servicing their banking, lending and foreign exchange requirements. Provide specialist advice and support in the development of tactical strategy and plans, as well as in practice formulation and associated best practice improvements.

• Devise short‑term tactical plans to meet annual budget and targets up to a 6‑12 month timeframe.
• Identify, develop and source new High Net Worth and Ultra High Net Worth relationships through personal and client referrals, group internal networks, and collaboration within the WIMI business unit.
• Achieve personal targets for new and existing clients for Transactional Banking, Credit, FX.
• Refer relevant business to other parts of Wealth Advisory and/or the broader Absa Group.
• Manage and grow existing client relationships: conduct quarterly meetings, undertake annual credit reviews, maintain highest levels of service, act as key contact point/gatekeeper, coordinate client advice across transactional banking, credit, FX.
• Act as key contact for client transaction queries across multiple locations within a region.
• Interface between clients and other parts of Absa Group Limited/WIMI for credit, advisory, FX, structured lending, SSG, and investment banking fees.
• Ensure compliance with global and market standards of client services, regulatory compliance, KYC, product delivery, and operating model; ensure actions align with front‑office manual procedures.
• Resolve client queries and act as escalation point for serious client complaints.
• Prepare file notes, client letters and other documentation for meetings and follow‑ups; act as focal point for clients’ day‑to‑day administration.

Education:

Postgraduate degrees and professional qualifications in Business, Commerce, and Management Studies (Required).

Additional experience in wealth management, high net worth client service, and banking transactions preferred.

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised.