National Head - Wealth @ Aasaanjobs Hiring

Job Description

ROLE SUMMARY The National Head of wealth management is responsible for leading and overseeing the strategic direction, growth, and performance of the wealth management business across the country. The role involves developing and implementing the vision, mission, and goals of the wealth management division, ensuring alignment with the overall corporate strategy and objectives. The National Head of wealth management also manages the relationships with key stakeholders, partners, and regulators, and fosters a culture of excellence, innovation and client satisfaction among the wealth management team. The role requires strong leadership, business acumen, communication, and interpersonal skills, as well as extensive experience and knowledge in the wealth management industry. KEY RESPONSIBILITIES Strategic Leadership Lead the development and implementation of the national wealth management strategy, aligned with the Muthoot FinCorps vision and values. Manage a team of regional. wealth managers and advisors, providing coaching, mentoring and performance evaluation. Cultivate and maintain relationships with high-net-worth individuals, institutions, and corporate clients. Ensure exceptional client service, addressing their financial needs, goals, and concerns. Organize seminars, workshops, and other educational events to enhance clients" financial literacy and knowledge of wealth management strategies. Growth and Development Drive the growth of the wealth management business by expanding the client base, increasing assets under management (AUM), and revenue generation. Collaborate with product development teams to design and introduce innovative financial products and services that cater to the specific needs of clients. Continuous benchmarking, Compliance Stay updated on financial market trends, economic developments, and changes in regulations that might impact the wealth management business. Adapt strategies accordingly. Monitor and manage investment risks while ensuring compliance with regulatory requirements and internal policies. Continuously assess the performance of portfolios and client investments, adjusting as necessary to maximize returns and minimize risks. Ensure that all wealth management activities comply with relevant laws, regulations, and ethical standards. Reporting, Budgeting Prepare regular reports and presentations on the wealth management division's performance for senior management and board members. Develop and manage budgets for the wealth management division, optimizing operational costs and resource allocation. KEY DECISIONS TAKEN Streamlining the organizational structure, investing in digital platforms and tools, and enhancing the client experience and satisfaction. Implement a performance-based compensation system for all wealth managers, based on their revenue generation, client retention, and compliance standards. Reward the top performers with higher bonuses and incentives, while also holding the underperformers accountable for their results. KEY SKILLS & BEHAVIOURAL ATTRIBUTES Strong understanding of financial markets, investment products, and risk management. Excellent leadership and team management skills. Demonstrated ability to build and maintain relationships with high-net-worth clients. In-depth knowledge of Indian financial regulations and compliance requirements. Strong analytical and problem-solving abilities. Effective communication and presentation skills. Visionary mindset with a strategic approach to business growth. Behavioral Attributes- Driven and in alignment with our Purpose Transforming the life of the common man by improving their financial well-being and anchored by our core value of integrity, collaboration, and excellence. EDUCATION / EXPERIENCE Chartered Accountant or MBA from Tier-1/Tier-2 Institutes Experience: At least 15 years of relevant experience in wealth management or financial services, with a proven track record of managing large teams and growing businesses

Employement Category:

Employement Type: Full time
Industry: NBFC ( Non Banking Financial Services )
Role Category: Investment Banking / M&A
Functional Area: Not Applicable
Role/Responsibilies: National Head - Wealth

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Keyskills:   financial markets investment products risk management leadership team management relationship building compliance analytical communication presentation strategic thinking financial regulations problemsolving