Product Sales Manager – Retail

3 - 5 years

5 - 7 Lacs

Navi Mumbai, Maharashtra, India

Posted:3 days ago| Platform: Foundit logo

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Skills Required

Product Sales Retail Banking Capital Markets

Work Mode

On-site

Job Type

Full Time

Job Description

The Product Sales Manager Retail is accountable for driving sales of the CMS Retail product suite across designated regions. This role involves achieving agreed-upon revenue targets (both liability and fee-based) while acquiring new clients to enhance the bank's CMS and Capital Markets management revenues. The position requires a strategic approach to client management, ensuring high-quality service delivery and collaboration across internal teams to capitalize on market opportunities. Key Responsibilities - **Sales Management:** Ensure a consistent and profitable flow of CMS management services business. - **Client Servicing:** Maintain high standards of client service, ensuring responsiveness to client needs. - **Collaboration:** Work closely with the Relationship team to facilitate CMS facilities for new-to-bank (NTB) and existing clients. - **Revenue Target Achievement:** Meet established revenue targets for CMS and Capital Markets management. - **New Client Acquisition:** Drive efforts to acquire new clients, expanding the bank's market presence. - **Training & Development:** Conduct regular training sessions for business groups on new CMS products and updates. - **Process Implementation:** Develop and implement processes for effective management of CMS and Capital Markets transactions. - **Stakeholder Engagement:** Regularly interact with internal and external contacts to promote CMS and Capital Markets services. - **Reporting:** Provide necessary management information and updates through relevant MIS reports. People Management or Self-Management Responsibilities: - **Performance Management:** Establish, monitor, and achieve performance goals in consultation with the reporting manager. - **Training and Development:** Mentor and train relationship teams to effectively promote CMS and Capital Markets products. Risk and Internal Control Responsibilities: - **Risk Mitigation:** Follow risk management policies and procedures to minimize operational, regulatory, and reputational risks. - **Internal Control Systems:** Implement internal control systems and prepare relevant information for departmental audits as required.

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