Job Description
Investments Counselor manages the sales team of Affluent resources for each circle. This team will comprise of resources, whose focus will be to ensure delivery of the Investments & Insurance Fee Plan for the Affluent segment across their circles, drive growth in AUMs, drive portfolio actions, ensure implementation and regular review of all control parameters, monitor trends on sales across their circles, manage large and critical key client relationships along with the Affluent team. They also focusses on NOA to ensure regular and quality increase in their segment of Affluent clients and ensures upskilling for the entire Affluent team in their circles.
Key Responsibilities
Asset Allocation
• Assist in the investment portfolio asset allocation of customers.
• Allocation between different asset classes & subclasses.
• Decisions on products with the asset / sub-asset class.
• Meeting / interaction with the respective RM and the client
Portfolio Monitoring / Review
• Monitor specific portfolios (HNWIs / Corporates)
• Reallocate these portfolios as and when requirement for risk management or sales opportunity comes up.
Economics & Product Expertise
• Coach RM teams on latest products and research available
• Conduct the market update calls for the RMs on a regular basis
• This will require being completely updated on the latest market trends (macro, sectoral, domestic, global); is not required to do his own research and only takes the view of the internal research experts.
Investment Product Research
• Source / Evaluate (due diligence) investment products for distributing to the HNW client base of the bank
• Client calls (along with the RM) to educate, provide details and source investments in these products
• Regular interaction with the product providers for product updates, market feedback, etc. and internally communicate the same
Qualifications:
Optimal qualification for success on the job is:
• Graduation/Post-Graduation from a recognized institute
• one or more of the following: MBA (Finance), CA, CFA, CFP
• Overall experience of up to 7 years in financial markets including debt, equity, mutual fund AMCs, etc. or in asset allocation and investment management of HNI customers
Role Proficiencies:
For successful execution of the job, the candidate should possess the following:
• Knowledge on financial markets including debt, equity, mutual fund AMCs, etc. or in asset allocation and investment management of HNI customers.
• Good understanding of the various investment products including mutual funds, bonds, money market instruments, equity, alternate products, etc
• Understanding of quantitative asset allocation methodologies.
• Ability to develop view on risk associated with different product investments.
• Capability to satisfactorily engage with the client to analyze risk appetite and investment goals.
• Ability to work with experienced team.
• Ability to understand, synthesize and communicate insights from central Investment advisory / research team to RMs
Key Responsibilities
Asset Allocation
• Assist in the investment portfolio asset allocation of customers.
• Allocation between different asset classes & subclasses.
• Decisions on products with the asset / sub-asset class.
• Meeting / interaction with the respective RM and the client
Portfolio Monitoring / Review
• Monitor specific portfolios (HNWIs / Corporates)
• Reallocate these portfolios as and when requirement for risk management or sales opportunity comes up.
Economics & Product Expertise
• Coach RM teams on latest products and research available
• Conduct the market update calls for the RMs on a regular basis
• This will require being completely updated on the latest market trends (macro, sectoral, domestic, global); is not required to do his own research and only takes the view of the internal research experts.
Investment Product Research
• Source / Evaluate (due diligence) investment products for distributing to the HNW client base of the bank
• Client calls (along with the RM) to educate, provide details and source investments in these products
• Regular interaction with the product providers for product updates, market feedback, etc. and internally communicate the same
Qualifications:
Optimal qualification for success on the job is:
• Graduation/Post-Graduation from a recognized institute
• one or more of the following: MBA (Finance), CA, CFA, CFP
• Overall experience of up to 7 years in financial markets including debt, equity, mutual fund AMCs, etc. or in asset allocation and investment management of HNI customers
Role Proficiencies:
For successful execution of the job, the candidate should possess the following:
• Knowledge on financial markets including debt, equity, mutual fund AMCs, etc. or in asset allocation and investment management of HNI customers.
• Good understanding of the various investment products including mutual funds, bonds, money market instruments, equity, alternate products, etc
• Understanding of quantitative asset allocation methodologies.
• Ability to develop view on risk associated with different product investments.
• Capability to satisfactorily engage with the client to analyze risk appetite and investment goals.
• Ability to work with experienced team.
• Ability to understand, synthesize and communicate insights from central Investment advisory / research team to RMs
💡 Quick Summary
Seeking a career-building opportunity? The RB | Affluent Business|Investment Counselor position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
