Relationship Manager (Wealth)
Sales/Marketing/BD - Delhi
Exp: 5 - 7 years
CTC: 8 - 16 LPA
An RM- Wealth is the single point relationship management official of the Bank for the high net worth customers in the Wealth Segment of Bank.
He/she is primarily responsible for providing financial solutions to the Wealth customers and ensure value added services.
Wealth managers are responsible for providing advise on the financial assets to be built and delivering an absolute performance within the return and risk range agreed upon with their High Net Worth Clients (with initial funding value of Rs. 5, 00, 000 for new customers and minimum Total Relationship Value - TRV of Rs. 30, 00, 000).
The Wealth Managers also help in managing the quality and composition of asset portfolio of their clients.
The Affluent RMs work in close coordination with the Advisory Team for risk profiling and gaining a deep understanding of the chosen assets to see how the risks come together to impact the investor's wealth and makes various product offerings to ensure maximum returns.
The Affluent RMs are expected to gain market intelligence through the bank's systems, Daily Net Asset Value - NAV reports and study Mutual Fund - MF digest to review the risks on a periodic basis and be aware of the changes in financial market conditions.