Position Title Area Sales Manager
Grade Manager / Senior Manager
Reporting Cluster Head Core
Area of Responsibility
Responsibility of achieving sales targets of BOI MF by developing the channel and acquiring investors in the city through Banks or Institutions or Retail channel through direct efforts/ distributor led initiatives
Key Accountabilities
1. Create the strategy and plan of approach for the channel along with the Cluster Head
2. Ensuring that all sales / revenue targets for the channel is met as defined below: market share assets under management by asset class or total gross sales net sales number of customer accounts number of transactions number of SIPs etc.
3. Accountability for implementing all sales and distribution initiatives including sales promotion drives new product launches in the given distribution channel
4. Identifying and appointing new distributors to enhance market share and reach
5. Reporting to Cluster head Head on progress giving market updates taking feedback and implementation
6. Managing a team of sales and distribution staff - permanent as well as outsourced for given territory
7. Training internal sales team and distributors on markets and products
8. Working along with Relationship Managers to ensure that they received adequate support and assistance for the respective channels
Key Connects
Internal
Marketing
Customer Service / Operations
Compliance
External
Distributors Banks / National Distributors HNI Customers Institutions Bank channel
Qualifying criteria for titled position
Education & Professional Certification
Postgraduate/MBA from business school
NISM Mandatory
Professional Skillsets
Ability to manage distributor based relationships
Good understanding of retail financial services preferably in mutual funds or distribution business
Strong business acumen and commercial sense Excellent verbal and written communication skills
Mandatory requirement
Minimum 5-7 years of experience