Relationship Manager – Wealth Management – Bank (3-15 yrs) Kolkata (BFSI Sales)

Job title: Relationship Manager – Wealth Management – Bank (3-15 yrs) Kolkata (BFSI Sales)

Company: San Management Consultancy


Job description: Client Relationship Management:Client Acquisition: Identifying and acquiring high-net-worth individuals (HNWIs) or clients with significant wealth to offer personalized banking and financial services.Managing Existing Client Relationships: Building and maintaining long-term relationships with clients by understanding their financial needs, goals, and providing consistent advice and solutions.Client Retention: Ensuring high levels of client satisfaction to build trust and retain existing clients. Regularly engaging with clients to understand their evolving needs.Financial Planning and Advisory:- Wealth Management: Providing clients with comprehensive wealth management strategies tailored to their specific financial goals, including investment, retirement, and estate planning.- Investment Advisory: Recommending and offering suitable investment products such as mutual funds, fixed income products, structured products, and other assets based on the client’s risk profile and financial objectives.- Insurance Advisory: Since the BANCA division often integrates banking and insurance, RMs may offer a variety of insurance products (life, health, and general insurance) to help clients meet their financial goals and protect against financial risks.- Retirement and Estate Planning: Assisting clients with planning for retirement and structuring their estate, which may include creating strategies for wealth transfer.Sales and Business Development:- Cross-Selling: The RM is expected to cross-sell various products (banking, investment, insurance, etc.) within the bank’s portfolio to existing and new clients, ensuring a holistic approach to wealth management.- Increasing AUM (Assets Under Management): The RM is responsible for growing the assets under management by advising clients on various products and investments, thereby driving revenue for the bank.- Product Knowledge: A thorough understanding of the bank’s range of wealth management and insurance products is necessary to offer clients the most appropriate solutions.Risk Management and Compliance:- Risk Profiling: The RM will assess and understand clients’ risk tolerance and guide them in selecting suitable investment products that align with their preferences and goals.- Compliance: Ensuring that all financial advice and transactions comply with internal policies, regulatory requirements, and the bank’s standards (such as KYC, AML, etc.). (ref:updazz.com)

Expected salary:

Location: Kolkata, West Bengal

Job date: Thu, 27 Mar 2025 02:35:34 GMT

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