Exciting Career Opportunity at Jubilee Asset Management Limited
Are you passionate about wealth management and building strong relationships with high-net-worth clients? Jubilee Asset Management Limited (JAML) is seeking two dynamic individuals to join our team as Private Wealth Advisors on a one-year contract. JAML is a leading asset management firm that offers unique investment products and solutions tailored to institutions, high-net-worth individuals (HNWIs), and retail clients. Our portfolio includes Insurance Fund Management, Segregated Portfolio Management, Unit Trusts, Alternative Investments, Offshore Investments, and Structured Investment Products.
If you’re ready to make an impact and grow your career in wealth management, we encourage you to apply for this exciting opportunity based at our Head Office in Nairobi.
Position: Private Wealth Advisor (1 Year Contract)
Job Ref. No. JAML026
Role Purpose
The Private Wealth Advisor will provide personalized financial advice and wealth management services to high-net-worth individuals (HNWI). This includes building long-term client relationships, creating tailored financial strategies, and collaborating with the business development team to support the growth of JAML’s HNWI client base. This role ensures clients receive exceptional service and guidance to achieve their financial goals.
Key Responsibilities
1. Client Relationship Management
- Develop and nurture strong, long-term relationships with HNWI clients.
- Understand clients’ financial needs, goals, and risk tolerance to offer personalized financial advice and solutions.
- Conduct regular reviews of client portfolios to ensure alignment with financial objectives and market conditions.
- Serve as the primary point of contact for clients, ensuring timely and accurate responses to inquiries and requests.
2. Financial Planning and Advisory
- Develop comprehensive financial plans tailored to the unique needs of each HNWI client.
- Provide expert advice on various financial products and services, including equities, fixed income, alternative investments, and insurance solutions.
- Monitor and evaluate investment performance, recommending adjustments to optimize client portfolios.
3. Business Development
- Collaborate with the Business Development Manager – HNWI & Institutions to identify and pursue new business opportunities.
- Participate in networking events, seminars, and activities to expand the firm’s client base and enhance market presence.
- Develop and execute client acquisition strategies to attract and retain HNWI clients.
- Consistently generate a pipeline to achieve a sales target of KES 100 million per month.
4. Compliance and Risk Management
- Ensure all client interactions and transactions comply with relevant regulations, company policies, and ethical standards.
- Maintain accurate and up-to-date client records, including financial plans, investment proposals, and communications.
- Identify and manage potential risks associated with client portfolios, providing proactive solutions and recommendations.
5. Team Collaboration and Professional Development
- Work closely with the business development and investment teams to deliver a cohesive and integrated client experience.
- Stay updated on market trends, economic developments, and regulatory changes to provide informed advice to clients.
- Participate in ongoing training and professional development to enhance knowledge and skills in wealth management and financial advisory services.
Corporate Governance and Culture
1. Compliance
- Stay updated on industry regulations, compliance requirements, and best practices.
- Ensure adherence to all statutory and regulatory requirements, as well as internal company policies and procedures.
- Implement effective risk management strategies, including appropriate internal controls to mitigate operational, financial, and regulatory risks.
2. Fostering a Positive Corporate Culture
- Promote ethical practices and good corporate citizenship while maintaining a conducive work environment.
- Collaborate with cross-functional teams to develop initiatives that support an inclusive and positive company culture.
Key Competencies
- In-depth knowledge of asset management regulations and industry practices.
- Strong analytical and problem-solving skills to assess and address client needs.
- Excellent communication and interpersonal skills for engaging with HNWI clients.
- Ability to collaborate effectively with cross-functional teams.
- Detail-oriented with exceptional organizational and time management skills.
- Proactive in staying updated on regulatory developments and market trends.
Relevant Experience
- Minimum 2-3 years of experience in wealth management or financial advisory.
- Proven track record of success in onboarding and managing high-net-worth client relationships.
- In-depth knowledge of the asset management industry.
