Overview
Graduate Programme: Independent Financial Adviser (IFA) Gradidge Mahura Investments (Pty) Ltd in partnership with Momentum Distribution Services (MDS) – Cape Town Jobs in Cape Town, Western Cape, South Africa at Momentum
Title: Graduate Programme: Independent Financial Adviser (IFA) Gradidge Mahura Investments (Pty) Ltd in partnership with Momentum Distribution Services (MDS) – Cape Town
Company: Momentum
Location: Cape Town, Western Cape, South Africa
Are you a motivated graduate ready to launch your career in financial services? Momentum Distribution Services (MDS) invites you to join our IFA Graduate Programme, a structured three-year journey designed to build your professional competence, ethical awareness, and client-focused skills while contributing to meaningful community initiatives.
This programme offers accredited training, mentorship, and hands-on experience in the dynamic world of financial advice, preparing you to become a trusted adviser of the future
Why Join The Graduate Programme?
- Structured career path from administrative support to financial adviser.
- Accredited training and mentorship from industry experts.
- Exposure to both business operations and community initiatives.
- Opportunity to contribute to transforming the financial advice landscape by supporting inclusivity and diversity.
- Competitive stipends and salaries with co-funded progression.
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role Purpose
Year 1 – Foundation Phase (Administrative Assistant)
Cost to Company Salary: R6 500 per month with an additional R6 500 monthly top-up by Gradidge Mahura Investments (Pty) Ltd
Focus: Technical proficiency, compliance, and client support
- Support IFAs with client onboarding, administration, and compliance documentation.
- Participate in structured learning modules covering technical, business, and client training.
- Gain exposure to financial needs analysis, compliance (FAIS, POPIA), and client communication.
- Demonstrates high-quality processing and resilience in follow-ups, ensuring cases are resolved promptly within stringent performance standards.
- Build strong relationships with clients, mentors, and stakeholders.
- Develop skills in practice management, financial literacy, marketing, and digital tools.
- Receive continuous mentorship and coaching.
Year 2 – Paraplanner Role (Transition Phase)
Cost to Company Salary: R14 000 per month
Focus: Holistic financial planning and advanced technical skills
- Transition into the paraplanner role, supporting advisers with financial planning.
- Begin preparation for Regulatory Examination (RE5).
- Learn to develop holistic financial plans, identify cross-sell and upsell opportunities, and manage client reviews.
- Apply knowledge of financial products, quoting processes, and client segmentation.
- Continue mentorship and structured training through the New Adviser Academy.
- Strengthen analytical, reporting, and client relationship skills.
Year 3 – Junior Financial Adviser (Under Supervision)
Cost to Company Salary: R18 000 per month
Focus: Fit & Proper Competency and adviser readiness
- Class of Business training
- Product-specific accreditation
- RE5 qualification
- Gain practical exposure to client-facing engagements, advice delivery, and ethical practice.
- Participate in quarterly mock client-facing assessments to refine advisory skills.
- Build confidence in delivering inclusive financial solutions aligned with Momentum’s values.
- Prepare for long-term career progression, including potential RE1 exams and CFP designation.
Requirements
Candidate Qualification and Minimum Requirements
- Minimum of a BCom degree in Financial Planning OR with a major in Financial Planning, Estate Planning, or Post Graduate Diploma in Financial Planning.
- Strong digital capabilities and willingness to engage with diverse stakeholders.
- No prior industry experience required – this programme is designed for graduates eager to learn and grow.
- Must reside in the region of placement and surrounding areas.
Duties & Responsibilities
- Support IFAs with client onboarding, administration, and compliance documentation.
- Assist in preparing reports, presentations, and data analysis to inform business decisions.
- Ensure compliance with FAIS, POPIA, and other regulatory requirements.
- Participate in structured learning modules, assessments, and feedback sessions to build professional competence.
- Deliver professional, client-centered support to IFAs and their clients.
- Build and maintain positive relationships with clients, community partners, and internal stakeholders.
- Contribute to service delivery that meets agreed standards and expectations.
- Recommend enhancements to client service and promote fair treatment of clients.
- Actively participate in CSI initiatives that strengthen community trust and brand reputation.
- Develop and maintain collaborative working relationships with peers, mentors, and stakeholders.
- Continuously expand knowledge of financial services, industry trends, and ethical practice.
- Share innovative ideas and contribute to a culture of learning and improvement.
- Take ownership of personal career development through mentorship, CPD activities, and reflective practice.
- Identify opportunities to streamline workflows and reduce resource wastage.
- Demonstrate accountability in managing company resources entrusted during the programme.
- Provide input into risk identification and mitigation processes, ensuring compliance and ethical standards.
Competencies
- Deciding and Initiating Action: Demonstrates initiative, confidence, and accountability in both business and CSI projects.
- Systems Thinking: Recognises how tasks, client interactions, and CSI activities align with broader organisational goals and impact Momentum’s reputation.
- Planning and Organising: Sets clear objectives, manages time effectively, adapts to change, and organises resources to meet deadlines.
- Delivering Results and Meeting Client Expectations: Maintains high standards of accuracy and professionalism, consistently achieving programme and CSI outcomes.
- Following Instructions and Procedures: Adheres to organisational policies, compliance requirements, and CSI guidelines with reliability and respect for authority.
- Coping with Pressures and Setbacks: Remains productive and composed under pressure, balancing demands and learning constructively from feedback.
- Entrepreneurial and Commercial Thinking: Demonstrates awareness of industry trends and community needs, identifies opportunities to add value, and contributes to sustainable business practices.