Business Development Manager Sales - Mutual Funds
Business Development Manager Sales - Mutual Funds
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Job Description
1. Job Title: Business Development Manager Sales B2B Mutual Fund and Investment
Openings: 08
Location: Kolkata Shyamnagar 1 post) Krishnanagar 2 post) Barasat 2 Post Kharagpur 2 Post Hooghly 1 post) All in West Bengal
Department: Direct to Client Sales
Reports to: Business Manager of B2B Segment.
Job Summary The Business Development Manager in Mutual Fund Distribution is responsible for building and leading a team of Mutual Fund Distributors to increase Assets Under Management (AUM). This role involves achieving sales targets acquiring new distributors and ensuring high client satisfaction through effective training and support.
Responsibilities & Deliveries
Achieve sales targets 90.
Add 4 distributors to the team until reaching 50 active distributors.
Achieve 5 crore net sales from the team.
Secure 5 lakh in Systematic Investment Plans (SIPs).
Maintain 50 active distributorship criteria.
Complete mandatory training 100.
Source data for new distributor acquisition.
Support System
LMS team and product knowledge.
Client acquisition through IAP and engagement.
Inhouse software and logging.
Operation team for business logging and query management.
Performance Metrics
Sales Target Achievement: 90 of set targets.
Distributor Addition: 4 new distributors until reaching 50 active distributors.
Net Sales: 5 crore from the team.
SIP Sales: 5 lakh in Systematic Investment Plans.
Active Distributorship: Maintain 50 active distributorship.
Training Completion: 100 of mandatory training.
Qualifications
Bachelors 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 infield activities.
Knowledge
Proficiency in Microsoft Word and Excel for financial calculations.
Comfortable with internet usage and online financial transactions.
Familiarity with investment products.
Sales Management,Financial Services,Banking Products,Mutual Funds
Employment Type
Full Time
