Absa Bank Limited is one of Africa’s most respected and innovative financial institutions. With a history of over 100 years and operations across the continent, Absa is committed to creating inclusive financial opportunities, promoting diversity, and empowering professionals, including Advisers, to contribute meaningfully to Africa’s economic future.
Job Overview:
As an Adviser at Absa, you will play a crucial role in helping clients navigate their banking needs as their trusted Adviser.
- Job Title: Adviser AIFA: Everyday Banking Adviser (FAIS)
- Company: Absa Bank Limited
- Location: Bloemfontein, South Africa (Hybrid)
- Employment Type: Full-time
Job Overview:
Absa Bank is looking for a dedicated FAIS-accredited Financial Adviser to join its AIFA team in Bloemfontein. This role involves providing professional financial advice and solutions in the areas of investment, life insurance, and estate planning. You’ll work within Absa’s bancassurance model to grow and service a client base while ensuring compliance with regulatory and internal business standards.
Responsibilities:
Client Relationship & Financial Needs Analysis:
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Engage clients through Absa’s structured client engagement process
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Conduct Financial Needs Analyses (FNA) using Absa’s tools (Avalon from Aug 2024)
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Provide tailored risk and investment recommendations aligned to individual client profiles
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Present advice and product options in line with FAIS regulations
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Review and adjust financial plans regularly to meet evolving client needs
Sales & Growth:
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Meet agreed sales targets through proactive planning and engagement
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Use internal leads and self-sourced opportunities to grow client portfolio
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Facilitate policy implementation and ensure documentation is complete and compliant
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Reciprocate leads with Everyday Banking teams and participate in regular pipeline meetings
Commission & Business Management:
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Capture and track Policy Relevant Information (PRI) for accurate commission payment
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Maintain accurate client data and follow up on unpaid premiums
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Ensure alignment between issued policies and client-approved recommendations
Practice Management:
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Manage support staff including coaching, mentoring, and training
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Monitor performance and implement corrective actions if required
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Ensure compliance with FAIS, FICA, and Absa’s operational standards
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Provide regular performance and income updates to stakeholders
Professional Development:
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Attend required training for product accreditation and compliance
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Maintain Fit and Proper status for all FAIS-flagged responsibilities
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Uphold high standards of integrity, solvency, and ethical conduct
Qualifications:
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Minimum Requirement: FAIS-recognised qualification in Financial Planning or a related discipline
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Regulatory Compliance: Fit and Proper status under FAIS legislation
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Experience: Prior experience in financial advice, sales, or banking is advantageous
Benefits:
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Hybrid work flexibility
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Access to an established client base through Absa’s Everyday Banking teams
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Ongoing training and professional development
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Competitive commission structure and business support resources
Application Process:
Apply online via the Absa Careers Portal by 31 July 2025.
Job Requisition ID: R-15977490
Posting Date: 17 July 2025