We are looking for a MD that's able to lead and manage a Group's investment companies to ensure achievement of objectives.

Your:

Formal Education: Relevant degree in business management or finance, preferably complemented with an investment management qualification;

Experience: At least 12 years relevant experience in the financial services industry;

Critical Competencies:

1. Technical competency – a broad understanding of all areas of management, including knowledge of investment management, finance, legal, regulatory, marketing and communication, strategic planning, human resources and information technology;
2. Knowledge of commercial law and other legislation relevant to the company's area of business;
3. Ability to multitask and delegate;
4. Teamwork and collaboration;
5. Superb management, leadership and motivational skills;
6. Sharp commercial and strategic thinking;
7. Long-term vision;
8. Problem solving ability;
9. Ability to analyze and evaluate information;
10. Excellent written and oral communication skills.

You will enable:

People: Leadership; Motivate and mentor team members; Advocate policies and procedures concerning employees; Motivate, guide and lead the division as a team; Implement the Employment Equity policy.

Processes:

Execute the responsibilities of a Managing Director according to lawful and ethical standards; Effectively manage the human capital of the division according to authorized personnel policies and procedures that fully conform to current laws and regulations; Identify, develop and direct the implementation of the division's strategy; Plan and direct the division's activities to achieve stated/agreed targets and standards; Oversee the investment philosophy and process across the range of investment solutions offered by the division; Maintain and develop organizational culture, values and reputation in its markets and with all staff, contractors, advisors, clients, suppliers, partners and regulatory/official bodies; Report to WRI CEO on organizational plans and performance, with a specific focus on consolidation and co-operation; Analyze and develop distribution channels; In conjunction with the National Executive: Finance, maintain the division's financial performance; In conjunction with the Group Marketing and Sales division and other companies within the WRI cluster and group, maintain existing and develop new products and solutions, as and when required; In conjunction with Group Marketing and Sales division, plan marketing, advertising and promotional campaigns; In conjunction with Group Marketing and Sales division, plan and develop sales activities; Recruit, select and develop subordinate team members; Ensure sustainable succession planning throughout the division.

Technology:

Coordinate the development, implementation, training and maintenance of the various systems and tools required by the business; Specifically ensure adherence to Group IT and IT security policies.

Finance / Growth:

Prepare annual budget for division and prudently manage company's resources within those budget guidelines; Monitor and report on division's operational and financial performance on a monthly, quarterly and annual basis.

Marketing:

Identify areas where opportunities exist for business expansion.

Drive business negotiations and liaison process.

Regulatory:

Comply with the fit and proper requirements as prescribed in FAIS; Licensed as a Key Individual for all category II products; Absolute focus on the fair treatment of clients; Ensure compliance (to the extent applicable) with FAIS, FICA, POPIA and any other relevant pieces of legislation or regulations applicable to the company's area of expertise; Liaise and co-operate with the Group compliance function on a continuous basis.