Posted:8 hours ago|
Platform:
Work from Office
Full Time
JOB DESCRIPTION
Business Development - Retail Department 2016 JOB PROFILE Branch Manager Reporting to Department Regional Manager/ Zonal Head Business Development - Retail
JOB RESPONSIBILITIES Responsible for maximizing revenue generation (Net of Default) by achieving sales target assigned to him thus ensuring profitability of Equity business in his/her branch. To look after overall management of the branch & ensures maximization of business through market expansion & by increasing client base/market share in Equity. Business/ Operational/ Functional/ Financial Perspective Setting Team revenue Targets for the Team. Checking the status of Client-Cash limits and Stock Limits. Self analyzing the market as well as compiling the data received from the Research Analysis Team and updating the Customers accordingly. Suggesting the Clients regarding market scenario. Coordinating with the RMS to find out the Margin shortfall requirements of the Clients. Finding the Ledger debts for the next day and planning accordingly. Assisting the Relationship managers for important Business calls or meetings. Distributing leads to the Team. Allocating the Clients to the Team depending upon their capabilities. Interacting personally with Teams Clients to help in revenue generation as well as margin collection. Analyzing the reports prepared by the Team Leader regarding problems faced by the Team in product selling, in terms of lower brokerage and account opening fee and taking required approvals for it. Analyzing the Branch Costing on the basis of new recruitments and modulating the new revenue targets. Efficient coordination with Back Office person for updating Client Cheque. Responsible for proper & accurate brand visibility within the location to expand the business. To ensure cent percent compliance related to RMS, clients & debt. To ensure minimal compliance issues related to clients & maximize revenue net of default.
Disclaimer: These are generic guidelines and may not list exhaustive or comprehensive list of all possible job responsibilities, tasks, and duties of the profile. The responsibilities, tasks, and duties of the jobholder might differ from those outlined in the JD and that other duties, as assigned, might be part of the job. In addition to above guidelines, modifications can be done in strict consultation with HR. Management reserves the right to change the same as per Business requirements without any prior intimation. Assist seniors in planning of appropriate cost saving strategies and ensuring its proper implementations. Ensure implementation of department philosophies, procedures and reporting.
SMC Global Securities
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