Absa is offering a 12-month Financial Adviser Learnership in Cape Town for unemployed graduates. Launch your career in banking and wealth management while gaining FAIS compliance. Requires a Degree in Accounting, Finance, or Law.
📍 Role Overview
- Company: Absa Bank Limited
- Location: Cape Town, Western Cape
- Work Type: Hybrid (Full-time)
- Duration: 12-Month Contract (Learnership)
- End Date to Apply: 21 January 2026 (Urgent: 4 days left)
🎯 Job Summary
This learnership is a gateway into the world of professional financial planning. Absa is looking for graduates with a foundation in Finance, Accounting, or Law who are eager to become “Fit and Proper” financial advisers. You will combine theoretical learning with practical workplace experience, focusing on helping clients achieve their financial goals.
🔑 Key Accountabilities
Professional Development & FAIS Compliance
- Structured Learning: Attend all training interventions and work toward meeting the FAIS Fit and Proper requirements.
- Regulatory Preparation: Study and prepare for the Regulatory Exam for Representatives (RE5).
- Class of Business: Complete specific product and class-of-business training as required by the FSCA.
Sales & Customer Engagement
- Lead Management: Actively work on provided leads to achieve “strike rates” and productivity measures.
- Customer Support: Assist customers in understanding financial products and delivering service excellence.
- Advice & Services: Learn to provide compliant advice and intermediary services under supervision.
Operations & Administration
- Quality Assurance: Maintain strict confidentiality of client data and follow prescribed sales scripts to ensure legal compliance.
- Reporting: Complete all administrative tracking and reporting tasks accurately.
- Workplace Experience: Support your team’s daily objectives while following Standard Operating Procedures (SOPs).
✅ Minimum Requirements
Education (Required)
- Bachelor’s Degree or Advanced Diploma in Accounting, Finance, or Law.
- Grade 12 (Matric) Certificate.
FAIS Requirements (The “Fit and Proper” Status)
- Must be willing to work toward a FSCA-Approved Qualification.
- Must be able to attest to Honesty, Integrity, and Good Standing.
- Preference: Candidates already holding an FSCA-approved qualification or who have passed the RE5 exam will be given priority.
🧠 Skills & Competencies
- Passion for Finance: A genuine interest in wealth management and helping people.
- Analytical Ability: Using your degree to understand complex financial products.
- Communication: Delivering service excellence and professional advice.
- Commitment: Self-motivated to meet training targets and performance goals.
📝 Why Launch Your Career at Absa?
Absa is a “proudly African” group with over 100 years of history. This learnership provides a rare opportunity to enter the highly regulated financial services sector with the backing of a major bank. You will gain a competitive edge by obtaining the necessary regulatory certifications (RE5) while earning on-the-job experience.
⚠️ Employment Equity Note
Absa is an equal opportunity, affirmative action employer. In line with the Employment Equity Act, preference will be given to candidates from designated groups to contribute to the diversity of the bank’s workforce.