Basic Details: Fill the required information about business, unit, location, position, reports to position and date of up-dation of JD |
Business | Financial services | ||
Unit | Aditya Birla Money Ltd | ||
Location | Delhi | ||
Poornata Position Number of the job |
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Poornata Position Title of the job |
| Reports to: Poornata Position Title |
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Function | Sales | Reports to: Function | Sales |
Department | Retail Branch | Reports to: Department | Retail Branch |
Designation of the Employee | Area Manager – Branch Broking | Designation of the Manager | Zone Head - Branch Broking |
Date of writing/updation of JD |
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1) Job Purpose: Write the purpose for which the job exists (in 2-3 lines) |
Drive business and achieve targets through allocated region/area. Implement strategies for achievement of Business objectives of expansion of book size, Profitability, Portfolio management, improving functional capabilities and team building. The product portfolio includes broking, mutual funds, PMS and other structured products and third party products like Loans, health insurance, Life insurance & bonds.
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2) Dimensions: Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job. | |
Business Workforce Number | 800 |
Unit Workforce Number | 800 |
Function Workforce Number | 648 |
Department Workforce Number | 648 |
Area Manager | Dimension |
Branches | 6 |
Manpower |
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BM | 6 |
Dealer | 48 |
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Daily Average Revenue (Lakhs) | 3.25 |
Revenue (Crs) | 8 |
Costs (Crs) | 6 |
Annual Profit (Crs) | 2 |
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Customers - Cross Sell | 500 |
Online Revenue % | 60% |
Dealer Productivity | 6,700 |
3) Job Context & Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section |
Aditya Birla Money Ltd.: ABM is primarily a Broking Company, deals in Equity, Commodity & Currency markets. Workforce of ~800 spread across >100 locations with customer base of in excess of 3 lacs
ABM is one of the leading securities trading companies in the country. ABM operates in a fragmented equity broking business and has a daily turnover of close to 2,000 crores with a market share of 1%.
ABM works in a highly regulated environment with a host of regulators like SEBI, RBI, AMFI, FMC, IRDA etc. regulating it’s day to day operations. In addition to the regulator ABM is also subject to close monitoring and inspection through various agencies like NSE / BSE / NCDX / MCX/ NSDL / CDSL etc.
ABM also operates in a highly competitive market mainly in fragmented industry with ABML competition from major National Broking houses like Kotak securities, Zerodha, Edelweiss, MOFSL etc. and a range of local Broking outfits. The Area Manager, for the Area is responsible for:
The main challenges faced include:
The critical skill sets required are excellent business, analytical, communication & presentation skills, a strong industry network, an ability to interpret market trends, a strategic vision to resource new business, customer service orientation and team building.
The education & experience required to fulfil this profile are a Post - Graduate or an MBA with minimum 8-10 yrs. of experience in managing teams and branch, selling financial services products. |
4) Key Result Areas: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas) | |
Key Result Areas | Supporting Actions |
New client acquisition & business development for his designated region/branches. |
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Achieve profitability & revenue targets |
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Drive customer satisfaction and retention initiatives |
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Ensure effective risk management & policy adherence |
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Ensure Cross Sell of ABC’s products |
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Ensure skill enhancement and team development of resources |
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5) Job Purpose of Direct Reports: Describe the job purpose of the direct report/s to the job (in 2-3 lines for each report) |
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6) Relationships: Describe the nature and purpose of most important contacts or relationship (except superior/team members) with individuals, departments, organizations inside and outside of the organization, that job is required to interact with in order to deliver the job objectives | ||
Relationship Type | Frequency | Nature |
Internal | ||
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External | ||
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7) Organizational Relationships: Provide the structure for a level above and below the position for which this job description is written. Use position titles in the structured and indicate all the reports of the position. |
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 4-8 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a AM-Retail-Kolkata at Aditya Birla Group.
This role requires around 4-8 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to Aditya Birla Group's application process for this role.