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Acquisition Manager-RL SALES-Sales

Kotak Mahindra Bank
Full-time
On-site
Ghāziābād, Uttar Pradesh, India
🌐 Digital Marketing

πŸ“Œ Core Information

πŸ”Ή Job Title: Acquisition Manager-RL SALES-Sales

πŸ”Ή Company: Kotak Mahindra Bank

πŸ”Ή Location: Ghāziābād, Uttar Pradesh, India

πŸ”Ή Job Type: On-site

πŸ”Ή Category: Not Specified

πŸ”Ή Date Posted: Sat Mar 29 2025

πŸ”Ή Experience Level: 5-10 years

πŸ”Ή Remote Status: On-site

πŸ“Œ Essential Job Details

πŸš€ Job Overview

Key aspects of this role include:

  • Enhancing the deposit pool from customers
  • Establishing service standards and ensuring delivery
  • Selling non-deposit products alongside mutual funds and insurance
  • Managing branch administration and regulatory compliance

ASSUMPTION: It is assumed that enhancing the deposit pool involves strategizing innovative deposit plans and actively engaging with customers to promote these products, given the lack of detailed strategy information.

πŸ“‹ Key Responsibilities

βœ… Enhance customer deposit pools

βœ… Establish service standards and ensure delivery

βœ… Sell non-deposit, mutual funds, and insurance products

βœ… Achieve cross-selling targets and generate fee income

βœ… Administer branch activities and ensure regulatory compliance

βœ… Maintain branch morale and productivity

βœ… Oversee P&L and ensure branch reaches break-even

ASSUMPTION: Responsibilities likely include motivating team members to meet sales goals and ensuring compliance with banking regulations, which are common tasks in similar roles.

🎯 Required Qualifications

Education: MBA, CA, or CAIB

Experience: 6+ years in banking, with 3-4 years in retail liabilities and sales of liabilities products

Required Skills:

  • Strong leadership skills
  • Understanding of financial instruments and markets
  • Customer service excellence

Preferred Skills:

  • Experience in cross-functional team management
  • Marketing and product management collaboration

ASSUMPTION: Leadership is more tactical than strategic, suggesting a hands-on approach to resolving day-to-day challenges while aligning with strategic objectives.

πŸ’° Compensation & Benefits

Salary Range: Not specified; industry benchmarks for similar roles should be referenced

Benefits:

  • Health benefits typical in banking sectors
  • Performance-based bonuses
  • Retirement savings plans

Working Hours: Approximately 40 hours per week, with potential for additional hours as required

ASSUMPTION: Benefits are likely aligned with standard practices in the banking industry, offering comprehensive health, performance bonuses, and retirement plans.

πŸ“Œ Applicant Insights

πŸ” Company Context

Industry: Banking, covering services from commercial banking to investment banking

Company Size: Over 10,001 employees, offering expansive career opportunities and resources

Founded: 1985, with a history of stable growth and diversification

Company Description:

  • Leading financial services conglomerate in India
  • First to transition from finance company to bank
  • Wide range of financial services offered

Company Specialties:

  • Banking
  • Capital Markets
  • Investment Banking

Company Website: http://www.kotak.com

ASSUMPTION: The company is positioned strongly within the Indian market, offering diverse financial services which potentially benefit employees in terms of internal mobility and skill development.

πŸ“Š Role Analysis

Career Level: Mid to Senior level management, focusing on tactical and operational leadership

Reporting Structure: Reports likely to upper management or regional heads, supervising branch-level staff

Work Arrangement: On-site presence required for branch management and customer interactions

Growth Opportunities:

  • Potential for advancement to regional management roles
  • Skill enhancement through diverse product management
  • Increased responsibilities with successful branch performance

ASSUMPTION: The role provides extensive learning in liability products and regulatory compliance which can serve as a stepping stone to higher management roles.

🌍 Location & Work Environment

Office Type: On-site in a standard bank branch environment

Office Location(s): Ghāziābād, Uttar Pradesh, India

Geographic Context:

  • Located in a bustling urban area with opportunities for community engagement
  • Access to public transportation and amenities
  • Part of a growing financial market

Work Schedule: Predominantly standard banking hours with potential for additional hours during peak financial activities

ASSUMPTION: Work environment likely benefits from a structured setting common in a full-service bank, with potential pressures during banking peak hours.

πŸ’Ό Interview & Application Insights

Typical Process:

  • Initial application via company's career portal
  • HR screening call
  • Technical interview with role-related assessments

Key Assessment Areas:

  • Knowledge of retail liability products
  • Leadership and team management capabilities
  • Customer relationship management skills

Application Tips:

  • Highlight relevant banking and sales experience
  • Demonstrate understanding of financial markets
  • Emphasize leadership achievements and cross-team project successes

ATS Keywords: Banking experience, Retail Liabilities, Sales Management, Leadership, Cross-Selling

ASSUMPTION: The interview process likely focuses on both technical and interpersonal skills, evaluating the candidate's fit for dynamic customer-oriented tasks.

πŸ› οΈ Tools & Technologies

  • Banking CRM software
  • Financial analysis tools
  • Microsoft Office Suite

ASSUMPTION: Assumes use of standard banking tools for customer management and performance analytics, common among similar banking roles.

πŸ‘” Cultural Fit Considerations

Company Values:

  • Customer centricity
  • Integrity and transparency
  • Commitment to excellence

Work Style:

  • Collaborative approach with team and stakeholders
  • Strategic thinker with a detail-oriented execution style
  • Adaptability to market and regulatory changes

Self-Assessment Questions:

  • How have you managed a team to achieve sales targets?
  • What strategies do you use to enhance customer satisfaction?
  • Describe your experience with regulatory compliance in banking.

ASSUMPTION: Fits individuals who value structure yet thrive in dynamic environments, balancing customer needs with strategic goals.

⚠️ Potential Challenges

  • Maintaining branch profitability in a competitive market
  • Balancing regulatory compliance with service innovation
  • Driving team performance and meeting cross-selling targets
  • Transitioning to new product offerings and technologies

ASSUMPTION: The role entails significant pressure in managing team and financial targets, common in a busy branch setting under banking regulations.

πŸ“ˆ Similar Roles Comparison

  • Similar managerial roles in other banks typically require a similar balance of sales, compliance, and team leadership skills
  • Expectations for customer service excellence are common across senior roles in retail banking
  • Frequent cross-functional collaboration seen in similar sales and product management roles

ASSUMPTION: Provides a robust platform for advancing to higher management positions within the banking sector upon mastering these varied responsibilities.

πŸ“ Sample Projects

  • Leading a branch-wide initiative to increase deposit growth by 15%
  • Developing a customer loyalty program to enhance repeat business
  • Implementing a regulatory compliance training within the branch

ASSUMPTION: Projects likely focus on growth and innovation within service offerings to position the branch competitively.

❓ Key Questions to Ask During Interview

  • How does Kotak Mahindra Bank ensure consistent customer satisfaction while meeting regulatory demands?
  • What are the key performance indicators for this role?
  • Can you describe a recent successful initiative led by a branch manager?
  • How does the bank support professional development within this role?
  • What are the common challenges faced by acquisition managers here?

ASSUMPTION: These questions encourage discussion on both the practical challenges and growth potential within the role, assisting candidates in understanding the operational dynamics at Kotak Mahindra Bank.

πŸ“Œ Next Steps for Applicants

To apply for this position:

  • Submit your application through Kotak Mahindra Bank's official career portal
  • Update your resume to highlight relevant sales and banking experience
  • Prepare for potential technical assessments and leadership interviews
  • Research recent market trends to discuss in your interview
  • Ensure your LinkedIn profile reflects your experiences and achievements

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.