Job Description

Momentum, a financial services provider of choice since 1966, known for its entrepreneurial spirit and innovative culture is committed to wealth creation and preservation, insurance, and income protection for all our clients. We do this through our understanding of the retail insurance, savings, and investment markets in SA.
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role PurposeThe Legal Advisor will assist senior legal advisor responsible for financial planning and technical support relating to risk, investments, and fiduciary solutions in both individual & business markets.
RequirementsQualifications:

• Relevant Law degree/LLB qualification.
• RE5 certification, or in process of obtaining it.
• Postgraduate Diploma in Financial Planning/CFP will be an advantage.

Experience:

• 1 - 3 years experience in the legal industry as a registered attorney.
• 2 - 3 years experience in the financial services industry.
• Experience in financial planning & insurance industry is preferred.

Duties & Responsibilities

• Work closely with the senior legal advisor to provide advice to business on various legal and technical matters in line with legal framework and best practice.

• Work closely with the senior legal advisor to Provide legal assistance and advice to all stakeholders on any corporate legal related matters to ensure soundness of commercial operations enabling business to achieve its objectives.

• Financial Planning: Identify, analyse, and assist with the implementation of solutions to MDS consultants and independent financial advisers and their practices regarding:

• Estate planning (including Fiduciary Specialist services)
• Business planning
• Tax planning
• Investment planning
• Retirement planning

• Provide support to independent financial advisors to:

• Ensure that independent financial advisor financial planning needs are established, and legal support is provided relevant to those needs.
• Ensuring the clients best interest is prioritized in all client engagements, discussions, follow-ups and adaptions/modifications and feedback that is given.
• Partner with MDS consultants to growth and retain business from supporting advisors.
• Train and develop MDS consultants and independent financial advisors and assist them with growing their business by providing quality legal and technical support, including fiduciary services.
• Draft and assist with the monthly, quarterly, and ad-hoc knowledge sharing publications to the consultants and IFAs (ASAP, Leverage and Momentarily)
• Build and maintain relationships with clients, IFAs, consultants, and other internal and external stakeholders.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
• Drive client service delivery goal achievement in line with predefined business standards, to ensure that clients receive appropriate advice and after sales service.

• Compliance matters:

• While under supervision, to ensure the necessary FAIS Compliance documents are completed and signed and placed on record (Letter of Introduction and Record of Advice, if applicable).
• Ensure that all legal execution documents are executed in accordance with relevant industry legislation and requirements.
• Update and educate the MDS business and clients on changes or amendments to business laws and advise how this may affect the business when required.

Note: This role may require you to travel between provinces.
Competencies

• Working with people: Demonstrating interest in others, working effectively in teams, building team spirit and showing care and consideration for individuals.
• Adhering to principles & values: Upholding ethics and values, acting with integrity and promoting equal opportunities.
• Relating and Networking: Establishing effective relationships with customers and staff, networking effectively within and outside of the organisation and relating well to individuals at all levels.
• Persuading and Influencing: Making a strong impression on others, gaining agreement and commitment through persuasion and negotiation and managing conflict.
• Applying Expertise and Technology: Applying specialist technical expertise, developing job knowledge and expertise and sharing knowledge with others.
• Analysing: Analysing data of a verbal and numerical nature and other sources of information, breaking information down into components, probing for further information and generating workable solutions to problems.
• Learning and Researching: Learning new tasks quickly, remembering information and gathering data for effective decision-making.
• Formulating strategies and concepts: Working strategically to attain organisational goals, developing strategies and taking account of a wide range of issues that impact the organisation.
• Plan and organizing: Setting clear objectives, planning activities well in advance and managing time effectively.
• Delivering results and meet customer expectations: Focusing on customer needs and satisfaction, setting high standards for quality and quantity and consistently achieving set goals.
• Adapting and responding to change: Adapting to changing circumstances, embracing change, being open to new ideas and dealing effectively with ambiguity.
• Coping with pressure and setbacks: Working productively in a stressful environment, controlling emotions in difficult situations and handling criticism effectively.
• Achieving personal work goals and objectives: Accepting and tackling demanding goals, working longer hours when necessary and identifying opportunities for progressing to more challenging roles.
• Entrepreneur and Commercial thinking: Keeping up to date with competitor information and market trends, identifying business opportunities and demonstrating financial awareness.

Momentum