Acquisition Manager-RL SALES-Sales

📌 Core Information

🔹 Job Title: Acquisition Manager - RL Sales (Sales)

🔹 Company: Kotak Mahindra Bank

🔹 Location: Satana, Maharashtra, India

🔹 Job Type: Full Time

🔹 Category: Banking & Finance

🔹 Date Posted: June 10, 2025

🔹 Experience Level: 5-10 years

🔹 Remote Status: On-site

🚀 Job Overview

Key aspects of this role include:

• Enhancing deposit pool from customers through sales and cross-selling initiatives
• Managing branch administration and regulatory compliance
• Leading and motivating the branch team to achieve break-even and P&L targets
• Collaborating with product management, marketing, and other verticals for new product development and sales initiatives

ASSUMPTION: This role requires a balance of sales, leadership, and administrative skills. The ideal candidate will have a proven track record in retail liabilities sales and experience managing teams.

📋 Key Responsibilities

✅ Enhance deposit pool from customers through sales and cross-selling of liability products

✅ Manage branch administration, including fee income and overall P&L

✅ Ensure regulatory compliance and maintain high standards of service

✅ Lead and motivate the branch team to achieve sales targets and productivity goals

✅ Collaborate with product management, marketing, and other verticals for new product development and sales initiatives

ASSUMPTION: The role involves a mix of strategic planning, tactical execution, and day-to-day management. Strong leadership and sales skills are essential for success in this role.

🎯 Required Qualifications

Education: MBA, CA, or CAIB

Experience: Overall 6 years of banking experience, with 3-4 years in retail liabilities sales

Required Skills:

• Proven sales experience, preferably in retail liabilities
• Strong leadership skills with a thinker-doer mindset (40:60)
• In-depth understanding of financial instruments, markets, and macro-micro economic processes
• Ability to manage productivity, overall morale, and customer delight
• Excellent communication and interpersonal skills

Preferred Skills:

• Experience in product management or marketing
• Bilingual or multilingual skills

ASSUMPTION: While the role requires a specific level of experience and education, the most important qualities are strong sales skills, leadership potential, and a customer-focused mindset.

💰 Compensation & Benefits

Salary Range: INR 15-20 lakhs per annum (Estimated based on industry standards for a mid-level banking role in India)

Benefits:

• Medical insurance
• Retirement benefits
• Employee stock options
• Performance-based bonuses

Working Hours: Full-time (40 hours/week), with flexibility for overtime as needed

ASSUMPTION: The salary range is an estimate based on industry standards for a mid-level banking role in India. Actual compensation may vary based on factors such as experience, performance, and market conditions.

📌 Applicant Insights

🔍 Company Context

Industry: Kotak Mahindra Bank is one of India's leading banks, offering a wide range of financial services that encompass every sphere of life. It is a publicly-traded company with over 10,000 employees worldwide.

Company Size: Kotak Mahindra Bank has over 10,000 employees, providing ample opportunities for career growth and development.

Founded: Kotak Mahindra Bank was founded in 1985 and received a banking license in 2003.

Company Description:

• Kotak Mahindra Bank offers a wide range of financial services, including banking, capital markets, stock broking, mutual funds, life insurance, and investment banking.
• The bank has a strong presence in India and internationally, with offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius, and Singapore.
• Kotak Mahindra Bank is committed to providing exceptional customer service and delivering innovative financial solutions.

Company Specialties:

• Banking
• Capital Markets
• Stock Broking
• Mutual Funds
• Life Insurance
• Investment Banking

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

ASSUMPTION: Kotak Mahindra Bank is a well-established financial institution with a strong reputation for innovation and customer service. Its diverse range of financial services provides ample opportunities for career growth and development.

📊 Role Analysis

Career Level: Mid-level management

Reporting Structure: The Acquisition Manager reports directly to the Branch Manager and may oversee a team of sales and customer service representatives.

Work Arrangement: This role is on-site, with flexibility for remote work as needed.

Growth Opportunities:

• Progression to senior management roles within the bank
• Expansion into international markets
• Specialization in specific areas of banking or financial services

ASSUMPTION: The Acquisition Manager role offers significant growth potential, both within the bank and internationally. Successful candidates will have the opportunity to develop their leadership and sales skills and advance their careers in the banking industry.

🌍 Location & Work Environment

Office Type: Branch office

Office Location(s): Satana, Maharashtra, India

Geographic Context:

• Satana is a city in the Nashik district of Maharashtra, India.
• The city has a population of over 100,000 people and is known for its historical and cultural significance.
• Satana is well-connected by road and rail, with the nearest airport being Nashik Airport, approximately 20 km away.

Work Schedule: Full-time (40 hours/week), with flexibility for overtime as needed

ASSUMPTION: Satana offers a unique blend of historical and cultural experiences, with easy access to major cities and transportation infrastructure. The work environment is dynamic and fast-paced, with a focus on customer service and sales.

💼 Interview & Application Insights

Typical Process:

• Online application and resume screening
• Telephone or video interview
• Face-to-face interview with the hiring manager
• Final decision and offer

Key Assessment Areas:

• Sales skills and experience
• Leadership potential
• Customer service mindset
• Problem-solving and decision-making skills

Application Tips:

• Highlight relevant sales experience and achievements in your resume
• Tailor your cover letter to demonstrate your understanding of the role and your fit with the company's values
• Prepare for behavioral interview questions that focus on your sales and leadership skills

ATS Keywords: Retail Liabilities, Sales, Leadership, Customer Service, Financial Instruments, Product Management, Marketing, Service Enhancements, Sales Initiatives

ASSUMPTION: The application process for this role is competitive, and candidates should emphasize their sales experience and leadership potential in their application materials.

🛠️ Tools & Technologies

• Customer Relationship Management (CRM) software
• Sales performance tracking tools
• Microsoft Office Suite

ASSUMPTION: The tools and technologies required for this role are standard for the banking industry and may vary depending on the specific needs of the branch.

👔 Cultural Fit Considerations

Company Values:

• Customer-centricity
• Integrity
• Excellence
• Responsibility
• Diversity

Work Style:

• Fast-paced and dynamic
• Collaborative and team-oriented
• Focused on customer service and sales

Self-Assessment Questions:

• Do you have a proven track record of success in retail liabilities sales?
• Are you comfortable working in a fast-paced, dynamic environment?
• Do you have strong leadership skills and the ability to motivate a team?

ASSUMPTION: Kotak Mahindra Bank values candidates who are customer-focused, results-driven, and able to thrive in a fast-paced, collaborative environment.

⚠️ Potential Challenges

• Meeting aggressive sales targets
• Managing regulatory compliance in a dynamic business environment
• Balancing tactical execution with strategic planning
• Adapting to changes in the banking industry and market conditions

ASSUMPTION: The Acquisition Manager role presents unique challenges and opportunities for growth and development. Successful candidates will be able to navigate these challenges and thrive in a dynamic business environment.

📈 Similar Roles Comparison

• This role is similar to other banking sales management positions, but with a focus on retail liabilities products and a broader range of responsibilities.
• Compared to other mid-level management roles in the banking industry, this position offers significant growth potential and the opportunity to develop leadership and sales skills.
• Career paths for successful Acquisition Managers may include progression to senior management roles within the bank or expansion into international markets.

ASSUMPTION: The Acquisition Manager role offers a unique blend of sales, leadership, and administrative responsibilities, with significant growth potential for successful candidates.

📝 Sample Projects

• Developing and implementing a sales strategy to enhance the deposit pool from customers
• Collaborating with product management and marketing to launch a new liability product
• Managing branch administration and regulatory compliance to ensure high standards of service

ASSUMPTION: The specific projects required for this role may vary depending on the needs of the branch and the broader banking industry.

❓ Key Questions to Ask During Interview

• What are the key priorities for this role in the first 90 days?
• How does this branch approach cross-selling and upselling opportunities?
• What are the most significant challenges facing the branch, and how can this role address them?
• What opportunities are there for professional development and growth within the bank?
• How does the bank support work-life balance for its employees?

ASSUMPTION: Asking thoughtful questions during the interview process demonstrates your interest in the role and your commitment to success.

📌 Next Steps for Applicants

To apply for this position:

• Submit your application through the Kotak Mahindra Bank careers portal
• Tailor your resume to highlight your sales experience and achievements
• Write a cover letter that demonstrates your understanding of the role and your fit with the company's values
• Prepare for behavioral interview questions that focus on your sales and leadership skills
• Follow up with the hiring manager one week after submitting your application to confirm receipt and express your interest in the role

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