
Director of Mutual Fund Distribution
3 days ago
We are seeking a highly motivated and experienced Business Development Manager to lead our Mutual Fund Distribution team. As a key member of our sales team, you will be responsible for building and leading a team of Mutual Fund Distributors to increase Assets Under Management (AUM).
Key Responsibilities:
* Achieve sales targets by acquiring new distributors and ensuring high client satisfaction through effective training and support
* Deliver results by achieving 90% of set targets, adding 4 distributors to the team until reaching 50 active distributors, achieving net sales of ₹5 crore from the team, securing ₹5 lakh in Systematic Investment Plans (SIPs), and maintaining 50 active distributorships.
* Support system by providing data for new distributor acquisition, collaborating with the LMS team and product knowledge, client acquisition through IAP and engagement, in-house software and logging, and operation team for business logging and query management.
Performance Metrics:
* Sales Target Achievement: 90% of set targets
* Distributor Addition: Add 4 new distributors until reaching 50 active distributors
* Net Sales: Achieve ₹5 crore from the team
* SIP Sales: Secure ₹5 lakh in Systematic Investment Plans
* Active Distributorship: Maintain 50 active distributorships
Qualifications:
* Bachelor's degree from any stream; MBA preferred
* Minimum of 3 years in sales management, preferably in mutual funds, financial services, banking products like CASA or FMCG
* Strong attitude for B2B team building, handling objections, and in-field activities
Required Skills and Qualifications:
* Proficiency in Microsoft Word and Excel for financial calculations
* Comfortable with internet usage and online financial transactions
* Familiarity with investment products
Working Days and Timings:
* 6 days a week, Monday to Saturday
* 10 AM to 7 PM
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