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3.0 - 7.0 years
0 Lacs
maharashtra
On-site
We are searching for a highly motivated and experienced professional to join our stock broking division as an Assistant Vice President (AVP). The ideal candidate should possess a deep understanding of equity markets, broking operations, client acquisition, and regulatory compliance. Your role will be essential in expanding the client base, enhancing operational efficiency, and ensuring smooth trade execution while supporting business growth initiatives. Your responsibilities will include driving client acquisition strategies to onboard HNIs, retail clients, and achieving monthly targets. You will need to develop and nurture relationships with existing and potential clients to guarantee high retention and satisfaction levels. Additionally, identifying and seizing new business opportunities in the stock broking sector will be a crucial part of your role. As an Assistant Vice President, you will manage and mentor a team of dealers and relationship managers, ensuring they achieve their monthly targets. Setting performance goals and tracking team KPIs to meet business objectives will also fall under your responsibilities. It will be imperative to ensure adherence to SEBI and Exchange regulations and guidelines, overseeing client onboarding, KYC, AML, and other compliance checks. Furthermore, you will coordinate with audit teams to ensure regulatory readiness. This position is full-time and permanent, with a day shift schedule. Performance bonuses and yearly bonuses are part of the compensation package. The ideal candidate should have at least 3 years of experience in a broking firm. The work location is in person. Join us in this challenging and rewarding role to make a significant impact on our stock broking division's growth and success.,
Posted 1 month ago
2.0 - 7.0 years
2 - 7 Lacs
Hyderabad, Telangana, India
On-site
Activate trading accounts for clients and guide new entrants in understanding equity market dynamics. Cross-sell investment products such as Insurance, Mutual Funds (MF), PMS, SIP, and Initial Public Offerings (IPOs) to existing clients. Coordinate daily equity trades for clients and assist in executing trades online or placing orders on their behalf. Drive revenue growth while ensuring client profitability and long-term engagement. Provide clients with market insights and investment advisory services based on current financial conditions. Acquire new clients through referrals from existing customers. Reactivate inactive clients through consistent follow-ups and engagement strategies. Ensure timely collection of margins and market-to-market losses. Preferred candidate profile Experience: Minimum 2 years of experience, with at least 6 months in equity dealing with an Indian broking firm. Hands-on experience in broking with a solid understanding of financial products and market trends. Must not have any self-trading experience. Certification: NISM Series VIII certification is mandatory. Strong expertise in client acquisition, retention strategies, and achieving sales targets. Prior experience in the broking industry is essential.
Posted 2 months ago
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