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Loan Against Securities - Area Sales Manager

Country : India India

Region : Tamil Nadu

Town : Chennai

Category : Retail management

Contract type : Permanent

Availability : Full time

Company presentation

Cholamandalam Investment and Finance Company Limited (Chola), incorporated in 1978 as the financial services arm of the Murugappa Group. Chola commenced business as an equipment financing company and has today emerged as a comprehensive financial services provider offering vehicle finance, home loans, home equity loans, SME loans, investment advisory services, stock broking and a variety of other financial services to customers.
Chola operates from 1098 branches across India with assets under management above INR 63,501 Crores

Job description

Product : Loan Against Securities
Role : Area Sales Manager
Reporting to : National Head
Location : Mumbai & Chennai
Key Purpose of the Job :
The role holder is responsible for managing Loan against Securities relationships and sourcing of new HNI LAS accounts.
Education Qualification / Skill sets required:
- Should be a Commerce graduate /MBA with very good communication skills and
understanding of Stock markets
- Should have around 5 years of experience from the Financial services industry and a minimum of 3 years of experience in a similar role
- Should have good knowledge of IT applications
Key Responsibilities
- Manage loan against shares relationships.
- Monitor portfolio value and send reminders for margin top up/ timely payment of interest and
principal
- Manage tie-ups with DSAs sourcing LAS
- Manage the incentive payout system for the channel partners.

Profile

Preferred skills : HNI, Sales, DSA, IPO Funding, Loan Against Securities
Experience: 5 to 10 years
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