Rm-mfd Channel

3 weeks ago


Bengaluru Karnataka, India Veena Placement Services Full time

**Designation**:

- Relationship Manager - MFD
**Location**:

- Bangalore
**Purpose of the Job**: Responsible for Driving Sales and increasing Market share (Equity & Fixed Income) from Mutual Fund Distributors / Registered Investment Advisors in assigned location/branch.
**Key Responsibilities**:

- **Critical**_:

- Develop and implement strategy to achieve planned growth objectives for the IFA channel.
- Acquisition of New IFAs in the system for B2B sales, which needs to be a continuous and ongoing process.
- Activate IFAs thought regular knowledge sessions to empower them to build sizable AUM.
- Develop, execute, and manage retail strategy and tactical business plan, considering the market opportunity/growth potential, competitor activity, existing capabilities, and risk appetite.
- Ensuring that there is consistent mobilization achieved for all the schemes of the company.
- Assume full accountabilities for all aspects of sales in their respective channel.
- Help in establishing and communicating a strong and vibrant brand.
- Ensuring increase in Market share in the IFA channel business.
- The primary responsibility of an RM is selling products at the location assigned and; exploring new areas in and around the identified location.
- Focus on building relationships and strong stakeholder connect for generating sales.
- Responsible for achieving Sales Targets, Sales patterns in the market.
- Market & industry analysis, Generating & increasing sales.
- Prospecting of customers through new client acquisition, networking, and business references in an open market.
- To penetrate all targeted key accounts and originate upselling opportunities.
- Ensure adherence to sales processes and requirements.
- Achievement of monthly, quarterly & yearly business plan
- Plan and carry out effective distributor engagement activities & training programs on a periodic basis.

**Job Types**: Full-time, Permanent

Pay: ₹400,000.00 - ₹600,000.00 per year

**Benefits**:

- Cell phone reimbursement
- Health insurance
- Paid sick time
- Provident Fund

Schedule:

- Day shift
- Morning shift

Supplemental Pay:

- Commission pay
- Performance bonus
- Quarterly bonus
- Yearly bonus

**Experience**:

- total work: 3 years (preferred)

Work Location: On the road


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