Graduate Programme – Independent Financial Adviser (IFA)

Mamepe Insurance Brokers in partnership with Momentum Distribution Services (MDS)

Momentum Distribution Services (MDS) is inviting suitably qualified graduates to apply for its Graduate Programme – Independent Financial Adviser (IFA), based in Randburg, Gauteng.

This structured three-year graduate programme is designed for graduates who want to build a career in financial services and financial advice. Participants will receive accredited training, mentorship, practical workplace experience and progressive exposure to administration, financial planning and client-facing advisory responsibilities.

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Job Details

Job Title: Graduate Programme – Independent Financial Adviser (IFA)
Reference Number: MMH260907-3
Position Type: Graduate
Role Family: Operations
Cluster: Momentum Distribution Services
Company/Programme: Mamepe Insurance Brokers in partnership with Momentum Distribution Services (MDS)
Location: Randburg, Gauteng, South Africa
Remote Opportunity: Some of the time
Closing Date: 13 September 2026

About the Graduate Programme

The IFA Graduate Programme provides a structured three-year career pathway that progresses from administrative support to paraplanning and ultimately to a junior financial adviser role under supervision.

The programme focuses on developing professional competence, ethical awareness, technical knowledge, client service skills and practical financial advisory experience.

Graduates will have the opportunity to:

Receive accredited training and mentorship from industry professionals.
Gain practical experience in financial services and financial advice.
Develop technical, business and client-facing skills.
Gain exposure to financial needs analysis and financial planning.
Learn about FAIS, POPIA and other regulatory requirements.
Develop financial literacy, practice management and digital skills.
Participate in community and CSI initiatives.
Build relationships with clients, mentors, advisers and other stakeholders.
Progress towards becoming a qualified and trusted financial adviser.

Programme Structure

Year 1 – Foundation Phase: Administrative Assistant

Stipend: R6,500 per month

The first year focuses on building technical proficiency, compliance knowledge and client-support capabilities.

Responsibilities and learning areas include:

Supporting Independent Financial Advisers with client onboarding.
Assisting with administration and compliance documentation.
Participating in structured technical, business and client training.
Developing an understanding of financial needs analysis.
Learning about FAIS and POPIA compliance requirements.
Supporting client communication and follow-ups.
Ensuring cases are processed accurately and resolved promptly.
Building relationships with clients, mentors and stakeholders.
Developing skills in practice management and financial literacy.
Gaining exposure to marketing and digital tools.
Receiving continuous mentorship and coaching.

Year 2 – Paraplanner Role: Transition Phase

Salary: R14,000 per month

During the second year, graduates transition into a paraplanner role and develop more advanced technical and financial-planning skills.

Key areas include:

Supporting advisers with holistic financial planning.
Beginning preparation for the Regulatory Examination (RE5).
Developing holistic financial plans.
Identifying cross-selling and upselling opportunities.
Assisting with client reviews.
Applying knowledge of financial products.
Gaining experience with quoting processes.
Understanding client segmentation.
Strengthening analytical and reporting skills.
Developing stronger client relationship capabilities.
Continuing structured training and mentorship through the New Adviser Academy.

Year 3 – Junior Financial Adviser Under Supervision

Salary: R18,000 per month

The third year focuses on adviser readiness and meeting Fit & Proper competency requirements.

Graduates will transition into a Junior Financial Adviser role while working under supervision.

The programme includes completion of relevant Fit & Proper competency requirements, including:

Class of Business training.
Product-specific accreditation.
RE5 qualification.
Practical exposure to client-facing engagements.
Financial advice delivery.
Ethical financial advisory practices.
Quarterly mock client-facing assessments.
Development of confidence in delivering inclusive financial solutions.

Graduates will also prepare for longer-term career progression, including potential RE1 examinations and the Certified Financial Planner (CFP) designation.

Minimum Requirements

Applicants must meet the following requirements:

A minimum of a BCom degree in one of the following fields:
- Financial Planning
- Estate Planning
- Legal Business Management
- Marketing
- Communications
- Finance
Strong digital capabilities.
Willingness to engage with diverse stakeholders.
No previous financial-services industry experience is required.
The programme is specifically designed for graduates who are eager to learn and develop.
Applicants must reside in the region of placement and surrounding areas.

Duties and Responsibilities

Successful candidates will be expected to:

Support IFAs with client onboarding, administration and compliance documentation.
Assist in preparing reports, presentations and data analysis to support business decisions.
Ensure compliance with FAIS, POPIA and other applicable regulatory requirements.
Participate in structured learning modules, assessments and feedback sessions.
Provide professional, client-centred 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 improvements to client service.
Promote the fair treatment of clients.
Participate actively in CSI initiatives that strengthen community trust and brand reputation.
Develop collaborative working relationships with colleagues, mentors and stakeholders.
Continuously develop knowledge of financial services, industry trends and ethical practices.
Share innovative ideas and contribute to a culture of learning and continuous improvement.
Take responsibility for personal career development through mentorship, CPD activities and reflective practice.
Identify opportunities to improve workflows and reduce resource wastage.
Demonstrate accountability when managing company resources.
Provide input into risk identification and mitigation processes.
Maintain compliance and ethical standards throughout the programme.

Key Competencies

Applicants should demonstrate the following competencies:

Deciding and Initiating Action: Demonstrates initiative, confidence and accountability in business and CSI projects.

Systems Thinking: Understands how individual tasks, client interactions and CSI activities contribute to broader organisational goals and 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 while achieving programme and CSI objectives.

Following Instructions and Procedures: Follows organisational policies, compliance requirements and CSI guidelines reliably.

Coping with Pressures and Setbacks: Remains productive and composed under pressure and learns 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.

Stipend and Salary Progression

The programme provides progressive financial remuneration as participants advance through the three-year development pathway:

Year 1: R6,500 per month stipend
Year 2: R14,000 per month salary
Year 3: R18,000 per month salary

The programme also provides structured training, mentorship and opportunities for professional progression.

Location

The position is based in Randburg, Gauteng, South Africa.

The role offers a remote opportunity for some of the time, subject to the programme and operational requirements.

Closing Date

13 September 2026

Applicants are encouraged to submit their applications before the closing date.

Reference Number

MMH260907-3

How to Apply

Interested and suitably qualified graduates should apply for the Graduate Programme – Independent Financial Adviser (IFA) through the official Momentum/Momentum Distribution Services careers platform.

Applicants should verify the vacancy and application details on the official company career page before submitting an application.

Important: The employer specifically advises applicants to verify the legitimacy of this job advert on the company career page.

Apply