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Head Alternates | Scrabble

Posted on January 22, 2024

Job Description

<p>As the Head of Alternates Sales at Nippon Mutual Fund, you will be responsible for leading and managing the alternate channels sales team to drive business growth and achieve revenue targets. You will play a crucial role in developing and implementing strategies to enhance sales performance in alternative distribution channels, including banks, wealth management firms, and other financial institutions. The ideal candidate will have a deep understanding of the mutual fund industry, strong leadership skills, and a proven track record of success in sales management.</p> <h3>Key Responsibilities:</h3> <ol> <li> <p><strong>Strategic Leadership:</strong></p>
<ul>
	<li>Develop and execute the sales strategy for alternative distribution channels in alignment with the overall business objectives.</li>
	<li>Provide leadership and direction to the alternates sales team, ensuring effective implementation of sales plans.</li>
</ul>
</li>
<li>
<p><strong>Team Management:</strong></p>

<ul>
	<li>Recruit, train, and manage a high-performing sales team.</li>
	<li>Foster a collaborative and results-oriented team culture.</li>
	<li>Set clear performance expectations and provide regular feedback to team members.</li>
</ul>
</li>
<li>
<p><strong>Relationship Management:</strong></p>

<ul>
	<li>Cultivate and maintain strong relationships with key partners, including banks, wealth management firms, and financial institutions.</li>
	<li>Collaborate with internal stakeholders to ensure seamless coordination and support for alternate distribution channels.</li>
</ul>
</li>
<li>
<p><strong>Sales Performance:</strong></p>

<ul>
	<li>Drive the achievement of sales targets and key performance indicators (KPIs) for the alternate channels.</li>
	<li>Monitor market trends and competitor activities to identify opportunities for growth.</li>
</ul>
</li>
<li>
<p><strong>Product Knowledge:</strong></p>

<ul>
	<li>Stay updated on Nippon Mutual Fund products and industry trends.</li>
	<li>Provide training and support to the sales team to enhance product knowledge and sales effectiveness.</li>
</ul>
</li>
<li>
<p><strong>Compliance:</strong></p>

<ul>
	<li>Ensure compliance with regulatory requirements and internal policies in all sales activities.</li>
	<li>Implement and enforce ethical sales practices within the alternates sales team.</li>
</ul>
</li>
</ol> <h3>Qualifications:</h3> <ul> <li>Bachelor&#39;s degree in Business, Finance, or related field. MBA preferred.</li> <li>Minimum of [X] years of experience in sales management within the mutual fund industry.</li> <li>Proven track record of successfully leading sales teams and achieving revenue targets.</li> <li>In-depth knowledge of alternative distribution channels, including banks and wealth management firms.</li> <li>Strong understanding of mutual fund products and financial markets.</li> <li>Excellent communication, negotiation, and interpersonal skills.</li> <li>Ability to think strategically and implement effective sales strategies.</li> <li>Demonstrated ability to build and maintain relationships with key partners.</li> </ul>
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