Estates Specialist

Nedbank

Johannesburg, Gauteng
Permanent
Full-time

3 days ago

Job ClassificationThe Estates Specialist meets with the heirs of the Client that has died, nationally, at an appropriate place (Business/ home / financial planner office). If possible this is with the financial planner present. We try and arrange this meeting as soon as possible after the death certificate is issued. This is a key differentiator in the Industry, and will be expanded on below. The company needs to be able to present an Admitted Attorney, in front of any client, anywhere in SA, who has the ability to answer any question at the first meeting, around any asset/ liability / set of personal circumstances that may come into effect in the estate.Job FamilySales and ServicesCareer StreamFiduciaryLeadership PipelineManage Self: TechnicalFAIS AffectedJob PurposeTo administer deceased estates and to add value to the business by referring sales leads to the rest of Nedbank Group so as to create holisitic value proposition for our clientsJob Responsibilities

To be the client facing legal specialist of the estate department for the heirs and planner community nationally.
To determine the risk in each matter (Estate) and plan a way to minimize the risks associated with each matter (in conjunction with the Head Estates as well as the Estate specialist).
To create and manage a network of correspondent Attorneys dealing with the interactions between the approx. 15 Masters of the High Court around the country.
To review and improve on an ongoing basis the Take on processes (onboarding of new estate matters) - this includes documentation, electronic and otherwise of all process outcomes to be able to obtain Letter of Executorship, measure the time frames of the interactions with clients from date of first meeting to issuing of letters of Executorship in conjunction with the Take on Team and Head of Estates.
To provide legal technical support to the Head of estates and other parties where relevant, on Estate litigation and other legal matters (including interactions with the various Government entities (Home Affairs, SAPS, Dept. of Justice, Dept. of Labour etc.)
To ensure an appropriate allocation of estates between Estate specialists - in conjunction with the Head of Estates , which includes but is not limited to, nature of matter, Language of heirs, value and complexity involved, existing work load of each estate specialist.
To conduct the Estate interview and complete the prescribed forms (and variations) and explain all the reasons for each form using the estate administration process guide.
To be Involved with all legal aspects around compliance - as it relates to estate documents and various acts such as POPIA , FICA etc.,

Job Responsibilities ContinuePeople SpecificationEssential Qualifications - NQF Level

Matric / Grade 12 / National Senior Certificate
Advanced Diplomas/National 1st Degrees

Preferred QualificationPost Graduate Diploma in Financial Planning.LLBAdmitted AttorneyEssential CertificationsPreferred CertificationsFiduciary Institute of South Africa.Minimum Experience Level5 years in legal / banking environment5 years' experience in administration of estatesTechnical / Professional Knowledge

Microsoft Office
Administrative procedures and systems
Relevant regulatory knowledge
Relevant software and systems knowledge
Banking knowledge
Banking procedures
Cluster Specific Operational Knowledge
Business principles
Business terms and definitions
Governance, Risk and Controls

Behavioural Competencies

Customer Focus
Work Standards
Collaborating
Communication
Managing Work
Building Partnerships

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Nedbank

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