MFC Salaried Financial Advisor (In-house)

Old Mutual is seeking a Salaried Financial Advisor to join their team in East London. This is an exciting opportunity for an individual who is passionate about helping clients achieve their financial goals and contributing to Africa's growth story. The role focuses on providing expert advice on a specific range of financial products to a designated client base, allowing for a focused and impactful approach to financial planning.

About the Role

As a Salaried Financial Advisor with Old Mutual, you will be an integral part of the company's mission to empower individuals through sound financial guidance. This position is designated as a FAIS (Financial Advisory and Intermediary Services Act) role, specifically within Category B. This means that adherence to all FAIS requirements, including the stringent Fit and Proper provisions, is paramount. These provisions cover essential aspects such as honesty, integrity, and professional conduct, ensuring that advisors operate with the highest ethical standards. You will also need to demonstrate competence through relevant qualifications and experience.

The core of your responsibility will be to deliver advice that aligns perfectly with Old Mutual's customer value proposition and its overarching compliance framework. This ensures that clients receive guidance that is not only beneficial but also regulatory compliant. You will be expected to develop, monitor, and regularly review your own business plan. This proactive approach is crucial for consistently meeting and exceeding individual performance targets. The role is structured to operate within specific, allocated market segments, allowing for a deeper understanding of client needs within those areas, and to specialise in a defined suite of products, fostering expertise and efficient service delivery. Unlike commission-based roles, this position offers a stable base salary supplemented by performance-based bonuses, removing the pressure of commission-driven sales.

Your day-to-day activities will revolve around providing tailored financial advice and support to your allocated client base. Key responsibilities include:

• Delivering expert financial advice on a defined range of Old Mutual products.
• Ensuring all advice provided is in strict accordance with the customer value proposition and the company's compliance framework.
• Developing and implementing a personal business plan designed to achieve performance objectives.
• Proactively tracking progress against your business plan and making necessary adjustments.
• Conducting regular reviews of your business performance to identify areas for improvement.
• Engaging with clients within your designated market segment to understand their unique financial circumstances and aspirations.
• Maintaining a high level of product knowledge within your specialised range.
• Collaborating with internal teams to ensure seamless client service.

What They're Looking For

Old Mutual is looking for a dedicated and results-oriented individual with a strong foundation in financial services and a commitment to client success. Essential requirements for this role include:

• A Grade 12 (Matric) certificate.
• A valid driver's licence and access to your own vehicle for client engagements.
• Full FAIS compliance, including an NQF Level 5 FSCA-approved qualification.
• A clear criminal record and a clean credit history, verified through checks.
• A minimum of three years of relevant working experience, with a preference for candidates who have experience in sales or client-facing advisory roles.
• Proficiency in essential computer applications, including MS Word, PowerPoint, and Outlook.
• Exceptional written and verbal communication skills, enabling clear and persuasive client interactions.
• Presentation skills are considered a valuable asset.

Candidates who possess these qualifications and skills will be given preference. Furthermore, Old Mutual is committed to employment equity in South Africa, and appointments will be made in line with the company's Employment Equity Plan and the specific business unit's objectives.

In South Africa, a salaried financial advisor role like this, particularly with a reputable institution like Old Mutual, offers a stable income with performance incentives. While exact figures vary significantly based on experience, client base size, and performance, a base salary coupled with bonuses can provide a competitive remuneration package. Career progression often involves moving into more senior advisory roles, specialist product areas, or management positions within the financial services sector.

Requirements: Skills, Qualifications and Experience required

• Grade 12 (Matric).
• Valid Driver’s licence and Own Car
• FAIS Compliance (NQF Level 5 FSCA Approved Qualification)
• Clear criminal and credit check
• Minimum of 3 years working experience (preferably in sales)
• Computer literacy (MS Word, Powerpoint and Outlook)
• Excellent communication skills (written and verbal)
• Presentations skills an added advantage

 

Preference will be given to suitably qualified candidates in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

 

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Skills

Competencies

Action Oriented

Balances Stakeholders

Builds Networks

Collaborates

Communicates Effectively

Customer Focus

Drives Results

Ensures Accountability

Education

Closing Date

19 October 2026 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!