Sanlam Private Wealth crafts customised investment portfolios for high net worth private clients, charitable institutions, trusts and corporate entities.
With assets under management and administration of more than R151 billion, we offer a comprehensive and integrated suite of wealth management solutions. These include equity, retirement and offshore investment portfolios, fiduciary and tax services, an equity-backed finance offering, a global stockbroking service and derivatives trading.
At Sanlam Private Wealth, our clients are at the core of everything we do. For this reason, we employ people with passion individuals who thrive in an entrepreneurial, high-energy environment.
Sanlam Private Wealth is part of the Sanlam Investments Group, a leading investment and wealth management business in South Africa, Sub-Saharan Africa, Australia and Europe.
What will you do?
- Responsible for end-to-end processing of all Offshore client payments, including payments between platforms, life wrapper withdrawals, first and third party payments
- Responsible for processing and monitoring cash payment charges
- Responsible for answering all queries (internal and external) related to offshore cash movements / payments
- Responsible for ensuring successful settlement of all client cash payments, and resolving payment issues
- Responsible for liaising with cash teams of vendors (ABSA, Allfunds and Citi Bank) on payment queries / issues
- Responsible for updating all offshore cash movements (including ZAR expatriations and repatriations) on client accounts
- Responsible for ensuring all supporting documents for exchange control requirements are submitted to the authorized dealer within prescribed deadlines for successful settlement of cash transactions.
- Responsible for compiling and distributing Offshore Funds Received reports, and allocating direct offshore deposits to client accounts
- Investigate and resolve bank reconciliation items and liaise with the Finance team, when necessary, to resolve bank reconciliation items.
- Relevant Financial qualifications in business and experience in cash processing will be advantageous
- Extensive Financial Service / Stockbroking experience required
- Deep understanding of international financial markets including the clearing and settlement processes
- Detailed understanding of the Private Client business and the stock-broking environment
- Self-motivated, proactive, taking ownership of problems until they are resolved.
- Mature person with the sense of responsibility to do after hours
- Strong numerical orientation
- Highly organized with a high level of customer focus
- Accurate and detail orientated
- Critical and analytical capability
- Ability to perform well under pressure and show maturity, confidence and resilience
- Excellent listening, communication and interpersonal skills
- Pro-Active approach to work, clients, problem solving
- Learning agility and curiosity
- Assertive
- Passionate ownership for results
Were all about building strong, lasting relationships with our employees. We know that you have hopes for your future your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office the group provides many opportunities for growth and development.
Turnaround time
The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.
- To be considered for the above opportunity please upload your detailed CV on or before 01 February 2024
- Please note that if you are not contacted within 2 weeks after the closing date your application has been unsuccessful
The Sanlam Group is committed to transformation and embracing diversity and our employment equity plan and targets will be considered as part of the recruitment process. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.
