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VP- Sales (Mutual Fund)

Gurgaon
Delhi
Full-Time
Senior: 10 to 14 years
25L - 37L (Per Year)
Posted on Nov 21 2024

Not Accepting Applications

About the Job

Skills

Asset Management
Mutual Fund Industry Knowledge
Team Leadership
Investment Products
Distributor Engagement and Training
B2B sales
IFA

Position- VP- Sales

Experience- 10+ Years

Reporting to- CEO

Location- Gurgaon with all India coverage

Department- Sales

CTC Range- As per industry standards


Job Description: As VP-Sales, you will be entrusted with the responsibility of leading and overseeing the overall strategy, growth, and performance of sales at a national level. This role requires a seasoned professional with a proven track record in driving sales, establishing strong partnerships, and ensuring the successful implementation of strategic initiatives to achieve national business objectives.


Key Responsibilities: 1. Strategic Planning: • Develop and implement a comprehensive strategy to achieve planned growth objectives for sales across channels. • Formulate and execute a tactical business plan, considering market opportunities, competitor activities, existing capabilities, and risk appetite.

2. Acquisition and Activation: • Continuously acquire new relations with Banks, NDs & IFAs for B2B sales through effective prospecting and networking. • Conduct regular knowledge sessions to empower IFAs, and events with banks & NDs, enabling them to build significant AUM (Assets Under Management). • Formulate and execute strategy for acquisition of direct investors.

3. Market Analysis and Sales Growth: • Analyze market and industry trends to identify growth opportunities. • Achieve monthly, quarterly, and yearly business plan targets by increasing sales and market share.

4. Brand Development: • Help in establishing and communicating a strong and vibrant brand across channels. • Work towards enhancing brand awareness and perception with marketing team.

5. Location-based Sales: • Assume responsibility for selling products at the assigned location and explore new areas for business expansion. • Penetrate targeted key accounts and identify upselling opportunities.

6. Distributor Engagement and Training: • Plan and execute effective distributor engagement activities and training programs periodically. • Collaborate with distributors to ensure effective communication and alignment with business objectives.

7. Sales Performance Analysis: • Conduct regular analysis of sales patterns, customer feedback, and market dynamics. • Originate upselling opportunities and ensure continuous improvement in sales strategies.



Qualifications and Experience:

• Bachelor’s degree in business, Sales, or a related field. Postgraduate/ MBA will be valued.

• Proven experience in B2B sales, with at least 3 years in Mutual Fund sales.

• Strong understanding of banks, NDs and IFA channel and corresponding market dynamics.

• Excellent leadership and people management skills.

• Analytical mindset with the ability to interpret data and make strategic decisions.

• Effective communication and negotiation skills.

• Proven track record of achieving and exceeding sales targets.

About the company

A complete staffing solution for your business.

Industry

Human Resources Services

Company Size

2-10 Employees

Headquarter

Ludhiana, Punjab

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