Financial Services Business Development Manager
3 weeks ago
Abakkus Asset Manager Private Limited is a leading boutique asset manager with a strong focus on generating alpha in listed Indian equities.
The company manages INR 32,200 Crs and has a team of experienced professionals who adhere to strict processes and discipline.
The role of Financial Services Business Development Manager is based in Multiple Locations:
- Pune and ROMG - 5 to 8 years of experience in PMS, AIF, Sales Distribution.
- Kolkata and Rest of East - 5 to 8 years of experience in PMS, AIF, Sales Distribution.
This is a comprehensive role in wealth management and distribution that emphasizes client relationship management, market penetration, and team leadership.
The main responsibilities include:
- AUM Growth through Relationships: Build and maintain relationships with key partners such as national distributors, banks, and direct clients to drive Assets Under Management (AUM) growth.
- Promotion & Brand Strategy: Develop and implement targeted promotional strategies to increase market penetration and brand visibility at both the investor and distributor levels.
- Channel Strengthening & Training: Enhance distribution channels by providing essential training, including technical and soft skills, to ensure effective outreach and support.
- Operational Compliance: Ensure seamless branch operations with strict adherence to regulatory compliance.
- Sales of PMS to HNIs: Sell Portfolio Management Services (PMS) products to High Net-Worth Individuals (HNIs) and provide investment advisory services across different segments, including banking, non-banking, institutional, and offshore investors.
- Relationship Management with Intermediaries: Maintain relationships with key intermediaries and onboard/train Independent Financial Advisors (IFAs) to generate business across the region.
The ideal candidate should have 5-8 years of experience in PMS, AIF, Sales Distribution and possess relevant sales, finance, and marketing qualifications.
The estimated salary for this role is around ₹25-40 lakhs per annum, depending on location and experience.
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