Back

Broker Consultant

FirstRandFirstRand·Financial Services
01

About the role

Job Description

To support the generation and maintenance of new revenue streams across the banking product suite by assisting in the origination and structuring of moderately complex, medium-value deals within the assigned sector or product area. Contribute to profitability, market share, and competitive positioning by executing deal-related activities, collaborating with internal stakeholders, and ensuring alignment with strategic objectives and compliance standards.


Hello Future Broker Consultant,

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our team in FR Life Assurance, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Own growth in complex EB opportunities across top-tier brokers and strategic IFAs, including solution design beyond standard templates, and origination of abstract/structured deals. Deliver API growth exceeding R30m annually.

Key areas of expertise are in pension, asset-based solutions and group risk. A solutionist mind set is required.

Are you someone who can:

  • Develop non-standard, bespoke Employee Benefit proposals for IFAs to consider FirstRand Invest and Insure solutions.
  • Manage Tier-1 brokers and national aggregators. The large client base requires attention and detailed execution of service commitments.
  • Develop relationships with bankers and key stakeholders to drive deal acceptance by the client. Building a pipeline of RMB corporate clients that will consider solutions at their next market rebroke together with their IFA.
  • Lead pricing strategy within mandate and negotiate commercial terms. Working with product houses to offer pricing insights and set standards on how different IFA houses are dealt with.
  • Deliver advanced PST and thought leadership. When required, the candidate is expected to drive conversations with IFAs to consider ideas that may lead to further product development for FirstRand.
  • Manage large pipeline and strategic book of business. Offering deep insights into contract performance and ensuring SLAs are upheld by the service areas.
  • Mentor junior consultants. Develop junior consultants offering insights into deal mechanics for their further development.
  • Lead cross-functional deal teams. Where a deal compromises multiple stakeholders to manage the work streams and deliverables in order to meet the clients’ objectives.
  • Uphold advanced compliance practices. Ensuring compliance and the strictest ethical standards are upheld at every stage of the deal making cycle.

You will be an ideal candidate if you have:

  • NQF7 required or relevant Degree
  • CFP advantageous
  • FAIS Fit & Proper
  • 10+ years in EB distribution.
  • Strong abstract solutioning and negotiation skills.
  • Track record exceeding large API and AUM/ Pension targets.

Targets:

  • API: >R30m annually.
  • Retention: ≥93–95%.
     

You will have access to:

  • Opportunities to network and collaborate
  • A challenging yet growth enabling environment
  • Opportunities to innovate
     

We can be a match if you are: 

  • Adaptable and curious
  • Analyse and map out end to end processes 
  • Be an independent worker and be able to work with a broad range of stakeholders 
  • Thrive in a collaborative environment

Apply now if you are interested in taking the next step. We look forward to engaging with you!

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties. 

#post

#fnb

#LI-AW1

 

Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

03/06/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

02

Aplyr's read

FirstRand is a dominant force in South Africa's financial sector, attracting professionals focused on innovative banking solutions and ethical financial practices.

Synthesized from recent postings & public sources

What's promising

  • FirstRand is a market leader in South Africa's financial services industry.
  • The company offers diverse career paths across banking, risk management, and financial analysis.
  • Strong focus on ethical practices with roles like Chief Ethics and Conduct Risk Officer.

What to watch

  • High competition in the financial services sector may limit growth opportunities.
  • Limited public information about global expansion strategies.
  • Potentially high-pressure work environment due to industry demands.

Why FirstRand

  • FirstRand's extensive talent pool initiatives indicate a commitment to long-term employee development.
  • The company emphasizes ethical risk management and conduct.
  • Offers specialized roles like XVA Structurer, highlighting a focus on complex financial products.

Aplyr’s read is generated by AI from public sources. Was it useful?

03

About FirstRand

FirstRand Corporate Centre is a leading financial services provider in South Africa, offering a wide range of banking and financial products and services.

04

Similar roles