VP - Wealth Management & Private Banking

With one of the leading insurance company

Perferred from banking sector

KEY RESPONSIBILITIES:

- Participate in the development of the Business Plan along with SVP & Head - contributing to the strategic outlook for the relationship. Define medium term business plans based on strategic directions and objectives taking into regulatory scenarios, banking trends in order to ensure that a long term plan exists to maximize the revenue and profitability from the relationship.

- Lead the deployment of business plan to the internal team as well as partnership. Lead the engagement with the partner. Develop measures and dashboards to measure the effectiveness of the relationship. Liaise with other functional and departmental heads (training, finance, HR) and negotiate availability of required resources and commitment to maximize customer service. Conduct monthly reviews by Zones. Support team in discussing and finalizing remedial action, as required with partner in order to ensure that the relationship has the requisite capability to deliver business strategies and goals

- Allocate manpower resources to different teams / geographies. Seek approval of R&R programs developed by designated reportees from SVP & Head –Counsel and mentor reportees. Lead the rating and normalization discussion involving skip level subordinates based on inputs received from HR in order to ensure that the assigned teams are capable and motivated to achieve targets

- Provide inputs to the training team on the nature of partnerships, protocols agreed, service level agreements etc. to develop appropriate training content. Approve the content developed by subordinates in coordination with the Training team in order to ensure the development of requisite skills and understanding in reporting teams

- Seek approval from SVP & Head – on the design parameters and budgets of Sales promotions as proposed by subordinates and get it implemented. Approve and allocate budgets. Review performance and develop fresh guidelines based on learnings in order to assist the teams in meeting targets within stipulated profitability norms

- Seek approval on facility fact sheets from Head & SVP – . Assist in the resolution of escalated administrative issues in order to ensure that the requisite number and quality of office infrastructure is available to staff for smoothly executing the day-to-day requirement.

- Negotiate and monitor costs and commissions. Set standards and guidelines for the team. Periodically review actual spends vs. standards and takes appropriate action in order to maintain expense ratios to ensure sustainability of operations.

Interested candidate can apply on komal.patel@upman.in or call me 9820470040