25 Financial Risk jobs in Cape Town

Leading organisation within the investments and financial services industry requires a Risk Consultant for the Western Cape branch.

1. Minimum 5 years’ experience as a Broker Consultant or Life Insurance Agent / Financial Advisor.
2. Life insurance experience is essential.
3. Short-term insurance experience is an advantage.
4. Appropriate tertiary qualification (bachelor’s degree in commerce, finance, investments preferable).
5. Have a qualification recognised by the FSCA for FAIS purposes. Preference will be given to candidates with a CFP.
6. RE5 qualification.
7. Have completed relevant class of business and product specific training.
8. Ability to function at a strategic level whilst fulfilling operational responsibilities.
9. Meet the FAIS honesty, integrity and good standing requirements.
10. Meet the FAIS minimum experience requirements in respect of long-term insurance products.
11. Must not have been declared insolvent or provisionally insolvent.
12. FAIS compliant (continuous professional development).
13. Completed supervision for long-term insurance categories.
14. Fully computer literate, xPlan experience advantageous.
15. Excellent communication skills, verbal and written.
16. Excellent negotiation and persuasion skills.
17. Client oriented, with strong interpersonal skills and able to take the initiative (self-starter).
18. Provide and implement advice in respect of insurance needs and solutions to clients in conjunction with the company Partner.
19. Analyse and identify Life and Short-Term Insurance (STI) opportunities within the client bases of their panel of financial planning partner’s practice.
20. Prepare comprehensive advice documents (proposals, comparisons, and quotation) for presentation to clients.
21. Provide specialist advice in respect of Life Insurance (Death, Disability and Critical Cover) needs.
22. Implement the agreed solution for clients and manage underwriting and other onboarding requirements.
23. Review clients cover according to internal business procedures, or if client circumstances change.
24. Acquire short term insurance leads from the company’s financial planning partners.
25. On receipt of the client’s consent, refer these clients to the STI tele-advisor, book an appointment for the client with the tele-advisor, and forward any existing short term insurance schedules to the STI tele-advisor for capture prior to the appointment.
26. Communicate and receive confirmation from the STI tele-advisor that the appointment has taken place and the outcome of the appointment.
27. Maintain and develop client relationships.
28. Support and contribute to company initiatives to communicate to, educate and engage clients in order to better meet their needs.
29. Monitor and report on the success and implementation of client and partner focused initiatives.
30. Adhere to the culture and principles of TCF – treating customers fairly.
31. Comply with Group and Industry regulatory requirements.

Monthly plus Basic + commission.

Our client in the Financial Services Industry based in Cape Town is currently looking to employ a Financial Advisor (Risk Products).

To provide and implement advice in respect of insurance needs and solutions to the company clients in conjunction with the companies Partner. Afrikaans first language preferred.

A wonderful career opportunity awaits you.

Requirements:

1. Minimum 5 years’ experience as a Broker Consultant / Life Insurance Agent, etc.
2. Ability to function at a strategic level whilst fulfilling operational responsibilities.
3. Meet the FAIS honesty, integrity, and good standing requirements.
4. Meet the FAIS minimum experience requirements in respect of long-term insurance products.
5. Must not have been declared insolvent or provisionally insolvent.
6. Excellent communication skills, verbal and written.
7. Excellent negotiation and persuasion skills.
8. Client oriented, with strong interpersonal skills and able to take the initiative (self-starter).
9. Emotional resilience.
10. Appropriate tertiary qualification (bachelor’s degree in commerce, finance, investments preferable).
11. Have a qualification recognised by the FSCA for FAIS purposes. Preference will be given to candidates with a CFP.
12. Have completed relevant class of business and product specific training.
13. FAIS compliant (continuous professional development).
14. Completed supervision for long-term insurance categories.
15. Fully computer literate, xPlan experience advantageous.

1. Analyse and identify Life and Short-Term Insurance (STI) opportunities within the client bases of their panel of financial planning partner’s practice.
2. Prepare comprehensive advice documents (proposals, comparisons, and quotation) for presentation to clients.
3. Provide the specialist advice in respect of Life Insurance (Death, Disability and Critical Cover) needs. This will include specialist areas such as Estate Planning and Business Assurance.
4. Implement the agreed solution for clients and manage underwriting and other onboarding requirements.
5. Review clients cover according to internal business procedures, or if client circumstances change.
6. Acquire short term insurance leads from the company’s financial planning partners.
7. On receipt of the client’s consent, refer these clients to the STI tele-advisor, book an appointment for the client with the tele-advisor, and forward any existing short term insurance schedules to the STI tele-advisor for capture prior to the appointment.
8. Communicate and receive confirmation from the STI tele-advisor that the appointment has taken place and the outcome of the appointment.
9. Maintain and develop client relationships.
10. Support and contribute to company initiatives to communicate to, educate and engage clients in order to better meet their needs.
11. Monitor and report on the success and implementation of client and partner focused initiatives.
12. Adhere to the culture and principles of TCF – treating customers fairly.
13. Comply with Group and Industry regulatory requirements.

Monthly

Leading organisation within the investments and financial services industry requires a Risk Consultant for the Western Cape branch.

1. Minimum 5 years’ experience as a Broker Consultant or Life Insurance Agent / Financial Advisor.
2. Life insurance experience is essential.
3. Short-term insurance experience is an advantage.
4. Appropriate tertiary qualification (bachelor’s degree in commerce, finance, investments preferable).
5. Have a qualification recognised by the FSCA for FAIS purposes.
6. Preference will be given to candidates with a CFP.
7. RE5.
8. Have completed relevant class of business and product specific training.
9. Ability to function at a strategic level whilst fulfilling operational responsibilities.
10. Meet the FAIS honesty, integrity and good standing requirements.
11. Meet the FAIS minimum experience requirements in respect of long-term insurance products.
12. Must not have been declared insolvent or provisionally insolvent.
13. FAIS compliant (continuous professional development).
14. Completed supervision for long-term insurance categories.
15. Fully computer literate, xPlan experience advantageous.
16. Excellent communication skills, verbal and written.
17. Excellent negotiation and persuasion skills.
18. Client oriented, with strong interpersonal skills and able to take the initiative (self-starter).
19. To provide and implement advice in respect of insurance needs and solutions to clients in conjunction with the company Partner.
20. Analyse and identify Life and Short-Term Insurance (STI) opportunities within the client bases of their panel of financial planning partner’s practice.
21. Prepare comprehensive advice documents (proposals, comparisons, and quotation) for presentation to clients.
22. Provide the specialist advice in respect of Life Insurance (Death, Disability and Critical Cover) needs, including specialist areas such as Estate Planning and Business Assurance.
23. Implement the agreed solution for clients and manage underwriting and other onboarding requirements.
24. Review clients cover according to internal business procedures, or if client circumstances change.
25. Acquire short term insurance leads from the company’s financial planning partners.
26. On receipt of the client’s consent, refer these clients to the STI tele-advisor, book an appointment for the client with the tele-advisor, and forward any existing short term insurance schedules to the STI tele-advisor for capture prior to the appointment.
27. Communicate and receive confirmation from the STI tele-advisor that the appointment has taken place and the outcome of the appointment.
28. Maintain and develop client relationships.
29. Support and contribute to company initiatives to communicate to, educate and engage clients in order to better meet their needs.
30. Monitor and report on the success and implementation of client and partner focused initiatives.
31. Adhere to the culture and principles of TCF – treating customers fairly.
32. Comply with Group and Industry regulatory requirements.

Monthly plus Basic + commission.

A Leading Financial Services client requires a Credit Risk Underwriter to be responsible for the processing and underwriting of a range of applications.

Key Responsibilities:

1. Processing and underwriting of New Business and Re-advance applications; SME funding applications and EFT applications.
2. Responsible for full credit assessment.
3. Credit risk underwriting.

Minimum Requirements:

1. Matric / Grade 12.
2. Tertiary Qualification - Advanced Certificates / Diploma in Business/Finance/Accounting.
3. Must have at least 3 years credit underwriting and analysis experience within the financial services industry.
4. Computer skills - CRM systems and MS Office (advanced MS Excel) essential.

Salary Market Related

Overview

Credit Risk Manager. Our client is a leader in the logistics industry and is seeking a Credit Risk Manager to join their team.

Location: Cape Town

Job type: Permanent – on site

• Review and approve customer credit limits and payment terms
• Regularly assess the creditworthiness of customers to set appropriate credit limits
• Negotiate payment terms that balance company cash flow with customer needs
• Streamline internal processes to ensure efficiency and minimize errors in approving credit
• Review current approval workflows and update policies to reflect best practices
• Provide ongoing training for the team to ensure they are up to date with credit risk management practices, company procedures, and customer service skills
• Manage staff and monitor performance
• Ensure that best practice processes and procedures are implemented and followed to reduce the group’s credit risk to an acceptable level
• Implement standardized processes for credit assessment, monitoring, and debt collection to minimize potential losses
• Engage with credit insurers and ensure that policies are maintained and renewed on time
• Engage, establish and maintain positive customer relationships
• Assist with debt collection efforts
• Support the debt collection process by identifying high-risk accounts and ensuring follow-up actions are taken in a timely manner
• Monitor compliance with the terms and conditions of credit insurance policies to avoid coverage gaps
• Regularly report on the status of outstanding debts, including aged receivables, payment trends, and collections progress
• Continuously assess the credit risk of the portfolio, identifying high-risk customers or sectors

• Strong accounting background – Bcom Accounting and upwards
• Qualified CA - advantageous
• Experience with foreign clientele - required
• Experience in calling clients

• Ethical and morally intact
• Analytical
• Methodical
• Excellent communication skills

Should you meet the above criteria, we invite you to apply directly to the advertisement. Should you not hear back from us within 2 weeks of application, kindly consider your application as unsuccessful

The key responsibilities are:

• Review and approve customer credit limits and payment terms :
• Regularly assess the creditworthiness of customers to set appropriate credit limits.
• Negotiate payment terms that balance company cash flow with customer needs.
• Review and develop internal procedures for approval :
• Streamline internal processes to ensure efficiency and minimize errors in approving credit.
• Review current approval workflows and update policies to reflect best practices.
• Ensure that staff is properly trained :
• Provide ongoing training for the team to ensure they are up to date with credit risk management practices, company procedures, and customer service skills.
• Manage staff to deliver on expected outputs :
• Set clear goals for the credit team, monitor performance, and provide support and guidance to meet organizational targets.
• Ensure that best practice processes and procedures are implemented and followed to reduce the group’s credit risk to an acceptable level :
• Implement standardized processes for credit assessment, monitoring, and debt collection to minimize potential losses.
• Engage with credit insurers and ensure that policies are maintained and renewed on time :
• Work closely with credit insurance providers to protect against potential losses from customer defaults, ensuring that coverage remains active and sufficient.
• Engage with customers to build lasting relationships :
• Establish and maintain positive customer relationships to facilitate smoother credit transactions and enhance customer loyalty.
• Assist with debt collection efforts :
• Support the debt collection process by identifying high-risk accounts and ensuring follow-up actions are taken in a timely manner.
• Ensure that all requirements as per insurance policies are adhered to :
• Monitor compliance with the terms and conditions of credit insurance policies to avoid coverage gaps.
• Reporting on current debtor’s book :
• Regularly report on the status of outstanding debts, including aged receivables, payment trends, and collections progress.
• Proactively manage credit risk of the business :
• Continuously assess the credit risk of the portfolio, identifying high-risk customers or sectors and taking proactive actions to mitigate potential losses.
• Build a high-performing team :
• Focus on developing a strong, cohesive team capable of achieving high performance through motivation, mentorship, and skill development.

This role involves assessing customer creditworthiness, managing credit limits and payment terms, ensuring compliance with credit insurance policies, and proactively mitigating credit risks to optimize company cash flow and profitability.

This role is ideal if you are a proactive and analytical professional with a strong background in credit risk management. You will possess excellent leadership and interpersonal skills, capable of motivating a team and building robust relationships with customers and insurance partners. Demonstrate attention to detail, strategic thinking, and the ability to effectively implement and oversee credit risk procedures.

This position is in the Northern Suburbs of Cape Town.

Requirements:

• BCom Degree in Financial Management
• Experience with foreign clientele - to your advantage
• Any other professional membership
• Strong leader to manage a team of cost controllers and debtors clerks
• Computer literate

Responsibilities:

• Review and approve customer credit limits and repayment terms
• Review and develop internal procedures for approval
• Ensure that staff is properly trained
• Manage staff to deliver on expected outputs
• Ensure that best practice processes and procedures are implemented and followed to reduce the group's credit risk to an acceptable level
• Engage with credit insurers and ensure that policies are maintained and renewed on time
• Engage with customers to build lasting relationships
• Assist with debt collection efforts
• Ensure that all requirements as per insurance policies are adhered to - monitor compliance with the terms and conditions of credit insurance policies to avoid coverage gaps
• Reporting on current debtor's book: Reports on the status of outstanding debts, including aged receivables, payment trends and the collections progress
• Proactively manage credit risk of the business: identifying high-risk customers or sectors and taking proactive actions to mitigate potential losses
• Build a high-performing team

Ready to join a dynamic company? If you are a strong financial person and ready for a new challenge, we would like to hear from you. Forward your CV by applying to this ad and note that you will receive an application form via email. Our team will be in touch to discuss the role and your skillset in detail. Thank You.