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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: Banking

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:

  • Enhancement of deposit pool from customers
  • Establishing standards and delivery of service
  • Sale of non-deposit, mutual fund, and insurance products
  • Managing branch administration and ensuring regulatory compliance

ASSUMPTION: The role demands a strong sales focus with an emphasis on deposit growth and cross-selling financial products.

πŸ“‹ Key Responsibilities

βœ… Enhance deposit pool from existing and new customers

βœ… Establish service standards and ensure compliance with these standards

βœ… Cross-sell a variety of non-deposit products

βœ… Manage branch administration duties and ensure regulatory compliance

βœ… Sustain branch team morale and productivity

βœ… Manage branch's break-even and profitability

ASSUMPTION: The focus is on both individual contribution to sales and management responsibilities regarding team and branch performance.

🎯 Required Qualifications

Education: MBA, CA, or CAIB preferred

Experience: Minimum 6 years in banking with 3-4 years in retail liabilities

Required Skills:

  • Strong leadership skills
  • Good understanding of financial instruments and markets
  • Ability to coordinate with multiple units for customer service

Preferred Skills:

  • Experience with product management and marketing
  • Strong sales and cross-selling skills

ASSUMPTION: Experience in retail liabilities is crucial, with leadership skill being more tactical due to the nature of team management in a branch setting.

πŸ’° Compensation & Benefits

Salary Range: Industry-standard banking compensation based on experience level

Benefits:

  • Health insurance
  • Retirement benefits
  • Performance-based bonuses

Working Hours: 40 hours per week with potential for weekend rotations

ASSUMPTION: Benefits are typical within the banking industry, varying slightly depending on the seniority and specific branch policies.

πŸ“Œ Applicant Insights

πŸ” Company Context

Industry: Banking

Company Size: 10,001+ employees, suggesting vast career opportunities and resources

Founded: 1985

Company Description:

  • One of India’s leading financial services conglomerates
  • Offers a wide range of services including commercial banking and investment solutions
  • Strong presence locally and internationally in financial services markets

Company Specialties:

  • Banking
  • Capital Markets
  • Mutual Funds

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

ASSUMPTION: Kotak Mahindra Bank likely offers employees access to diverse financial markets and career growth opportunities.

πŸ“Š Role Analysis

Career Level: Mid to senior level with leadership and managerial responsibilities

Reporting Structure: Likely reports to the branch manager or regional sales head

Work Arrangement: On-site role with a focus on team and client interactions

Growth Opportunities:

  • Advancement to senior management within the branch or corporate HQ
  • Specialization in specific financial products
  • Roles in strategic planning or product development

ASSUMPTION: Career progression is supported through a mix of performance metrics and leadership ability in sales environments.

🌍 Location & Work Environment

Office Type: Bank branch environment

Office Location(s): Various branches across Ghāziābād, Uttar Pradesh

Geographic Context:

  • Proximity to major business hubs in Uttar Pradesh
  • High customer footfall area providing extensive networking opportunities
  • Strong regional banking presence

Work Schedule: Standard banking hours with occasional overtime during peak periods

ASSUMPTION: Being in a high-customer traffic location, the role demands consistent on-site presence.

πŸ’Ό Interview & Application Insights

Typical Process:

  • Initial application and resume screening
  • Telephone interview focusing on behavioral aspects
  • On-site interview with team leads

Key Assessment Areas:

  • Leadership skills
  • Sales track record
  • KPI-driven performance analysis

Application Tips:

  • Highlight experience in retail liabilities
  • Showcase leadership achievements
  • Discuss successful cross-selling initiatives

ATS Keywords: Banking Experience, Retail Liabilities, Cross-selling, Leadership, P&L Management

ASSUMPTION: The hiring process relies heavily on demonstration of practical banking success and leadership in prior roles.

πŸ› οΈ Tools & Technologies

  • Banking CRM software
  • Financial analytics tools
  • Performance management systems

ASSUMPTION: The use of advanced banking technologies is expected for efficient management and decision-making.

πŸ‘” Cultural Fit Considerations

Company Values:

  • Customer centricity
  • Integrity and transparency
  • Collaboration

Work Style:

  • Results-oriented
  • Proactive customer engagement
  • Team collaboration

Self-Assessment Questions:

  • Am I comfortable with on-site client engagements?
  • Do I have a proven record in sales and cross-selling?
  • Can I lead a team under pressure to meet targets?

ASSUMPTION: The ideal candidate aligns with a results-driven culture and excels in customer-focused banking roles.

⚠️ Potential Challenges

  • Meeting high sales targets consistently
  • Balancing branch administration with customer engagement
  • Ensuring regulatory compliance in a dynamic market
  • Maintaining team morale during high-pressure periods

ASSUMPTION: Success in this role demands resilience and the ability to manage multiple banking responsibilities effectively.

πŸ“ˆ Similar Roles Comparison

  • Focus on liability products versus asset sales in other roles
  • Greater emphasis on branch-level management
  • Broader scope of administrative responsibilities

ASSUMPTION: Similar roles differ primarily in their focus on either liabilities or assets, as well as scope of administrative oversight.

πŸ“ Sample Projects

  • Developing a cross-selling strategy for mutual funds
  • Implementation of a new customer service protocol
  • Roll-out of a branch-specific deposit enhancement campaign

ASSUMPTION: Projects are designed to enhance branch performance and engagement with customers through financial products.

❓ Key Questions to Ask During Interview

  • What are the key performance indicators for this role?
  • How does the branch support ongoing training and development?
  • What are the biggest challenges faced by the branch team currently?
  • How are branch profitability targets set and evaluated?
  • What strategies are in place for regulatory compliance?

ASSUMPTION: The questions focus on branch performance, compliance, and employee development, crucial for informed decision-making during interviews.

πŸ“Œ Next Steps for Applicants

To apply for this position:

  • Submit your application through Kotak Mahindra Bank's career portal
  • Prepare a resume that highlights banking and leadership experiences
  • Attach a cover letter summarizing your sales achievements
  • Gather supporting documentation showing past performance metrics
  • Follow up with the recruitment team for any additional requirements

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