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Location

Nagpur | India

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Job description

A large Capital Market Broker , with PAN India Presence , is hiring Branch Manager for Nagpur Branch

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.

Strategic Responsibilities

• Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems.
• Ensures the implementation of short- and long-range department goals, objectives, policies, and operating procedures.

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