Premier Acquisition Manager-RL SALES-Sales

📌 Core Information

🔹 Job Title: Premier Acquisition Manager - RL SALES - Sales

🔹 Company: Kotak Mahindra Bank

🔹 Location: Indore, Madhya Pradesh, India

🔹 Job Type: Full time

🔹 Category: Banking & Finance

🔹 Date Posted: April 5, 2025

🔹 Experience Level: 2-5 years

🔹 Remote Status: On-site

🚀 Job Overview

Key aspects of this role include:

• Acquiring high-net-worth individuals (HNI's) and selling third-party products (TPP) to generate revenue
• Focusing on building the CASA (Current Account, Savings Account) book size
• Excellent communication skills and coordination with different channels
• Portfolio management experience and an existing customer base

ASSUMPTION: This role requires a sales-focused individual with strong communication skills and some experience in portfolio management to excel in acquiring HNI clients and selling TPP.

📋 Key Responsibilities

✅ Acquire high-net-worth individuals (HNI's) and sell third-party products (TPP) to generate revenue

✅ Build the CASA (Current Account, Savings Account) book size

✅ Coordinate with different channels and maintain excellent communication skills

✅ Leverage existing customer base and portfolio management experience

ASSUMPTION: The primary focus of this role is on sales and acquisition, with a strong emphasis on building and maintaining client relationships.

🎯 Required Qualifications

Education: Graduate or MBA

Experience: 1-2 years of work experience

Required Skills:

• Excellent communication skills
• Portfolio management knowledge and experience
• Existing customer base
• Coordination with different channels

Preferred Skills:

• Experience in the banking industry
• Bilingual or multilingual proficiency

ASSUMPTION: While not explicitly stated, having experience in the banking industry and being bilingual or multilingual could provide a competitive edge for this role.

💰 Compensation & Benefits

Salary Range: INR 5-7 lakhs per annum (Estimated based on industry standards for a sales role with 1-2 years of experience in the banking sector)

Benefits:

• Medical insurance
• Retirement benefits
• Employee discounts on banking services

Working Hours: 40 hours per week, with flexibility in working hours based on business needs

ASSUMPTION: The salary range is an estimate based on industry standards for a sales role with the given experience level. Actual compensation may vary based on individual performance and company policies.

📌 Applicant Insights

🔍 Company Context

Industry: Kotak Mahindra Bank operates in the competitive banking industry in India, offering a wide range of financial services.

Company Size: Kotak Mahindra Bank is a large organization with over 10,000 employees, providing ample opportunities for career growth and learning.

Founded: Kotak Mahindra Bank was founded in 1985 and has since grown to become one of India's leading banks.

Company Description:

• Kotak Mahindra Bank offers a wide range of financial services, including commercial banking, 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 known for its customer-centric approach and innovative 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 in the industry, offering a wide range of career opportunities.

📊 Role Analysis

Career Level: This role is suitable for early to mid-career professionals with 1-2 years of experience in sales or a related field.

Reporting Structure: The acquisition manager will report directly to the sales team lead or manager.

Work Arrangement: This is an on-site role with flexible working hours based on business needs.

Growth Opportunities:

• Progression to senior sales roles or management positions
• Expansion of product knowledge and expertise
• International career opportunities with Kotak Mahindra Bank's global presence

ASSUMPTION: With Kotak Mahindra Bank's extensive range of financial services and global presence, there are ample opportunities for career growth and development in this role.

🌍 Location & Work Environment

Office Type: The Indore office is a modern, professional environment with a collaborative work culture.

Office Location(s): 36-38A, Nariman Bhavan, 227 Nariman Point, Mumbai, Maharashtra 400021, IN

Geographic Context:

• Indore is the largest city in Madhya Pradesh and is known for its educational institutions and IT industry.
• The city offers a mix of traditional and modern culture, with a low cost of living compared to other major Indian cities.
• Indore has a tropical savanna climate, with hot summers and mild winters.

Work Schedule: The work schedule is typically Monday to Friday, with the possibility of weekend work based on business needs.

ASSUMPTION: The Indore office provides a professional work environment with opportunities for collaboration and growth.

💼 Interview & Application Insights

Typical Process:

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

Key Assessment Areas:

• Sales skills and experience
• Communication and interpersonal skills
• Portfolio management knowledge
• Cultural fit and motivation

Application Tips:

• Highlight relevant sales experience and achievements in your resume
• Tailor your cover letter to demonstrate your understanding of the role and enthusiasm for the opportunity
• Prepare examples of your portfolio management experience and customer acquisition strategies

ATS Keywords: High-net-worth individuals, HNI, third-party products, TPP, CASA, portfolio management, sales, communication skills, customer acquisition, coordination

ASSUMPTION: Kotak Mahindra Bank uses an Applicant Tracking System (ATS) to manage job applications, so including relevant keywords in your resume can help improve your chances of being shortlisted.

🛠️ Tools & Technologies

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

ASSUMPTION: The specific tools and technologies used in this role may vary based on the department and team's requirements.

👔 Cultural Fit Considerations

Company Values:

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

Work Style:

• Collaborative
• Performance-driven
• Adaptable
• Innovative

Self-Assessment Questions:

• How do you demonstrate customer-centricity in your sales approach?
• Can you provide an example of a time when you had to adapt to a challenging sales environment?
• How do you stay organized and manage your portfolio effectively?

ASSUMPTION: Kotak Mahindra Bank values employees who align with their customer-centric approach and demonstrate a strong work ethic, adaptability, and innovation.

⚠️ Potential Challenges

• Competitive sales environment with targets and quotas
• Requires strong communication and interpersonal skills to build and maintain client relationships
• May involve working flexible hours, including weekends, based on business needs
• Potential for high stress and pressure in a sales role

ASSUMPTION: While this role offers exciting career growth opportunities, it also comes with its unique set of challenges that applicants should be prepared to face.

📈 Similar Roles Comparison

• Compared to other sales roles in the banking industry, this role has a specific focus on acquiring high-net-worth individuals and selling third-party products
• Kotak Mahindra Bank offers a wide range of financial services, providing opportunities for career growth and diversification
• This role is suitable for early to mid-career professionals looking to build their sales career in the banking industry

ASSUMPTION: Applicants should consider the unique aspects of this role and how it compares to other sales roles in the banking industry when deciding if it's the right fit for them.

📝 Sample Projects

• Developing and implementing a targeted marketing campaign to acquire high-net-worth individuals
• Analyzing and optimizing the sales process to improve conversion rates and revenue generation
• Building and maintaining strong relationships with existing clients to encourage repeat business and referrals

ASSUMPTION: These sample projects provide insight into the types of tasks and responsibilities that an acquisition manager in this role might be expected to undertake.

❓ Key Questions to Ask During Interview

• What are the key priorities for this role in the first 90 days?
• How does the company support the professional development and growth of its employees?
• What is the typical career path for someone in this role?
• How does the company measure and evaluate the success of its sales team?
• What is the work-life balance like for employees in this role?

ASSUMPTION: Asking thoughtful questions during the interview process can help applicants better understand the role, the company, and the work environment, enabling them to make a more informed decision about their application.

📌 Next Steps for Applicants

To apply for this position:

• Submit your application through this link
• Tailor your resume to highlight your sales experience, communication skills, and portfolio management knowledge
• Write a compelling cover letter that demonstrates your enthusiasm for the role and your understanding of the required skills and responsibilities
• Prepare examples of your customer acquisition strategies and portfolio management experience
• Follow up with the hiring manager within a week of submitting your application to express your interest in the role

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