The purpose of this job is to ensure achievement of business targets and enhancement of profitability of the assigned FPDs by providing effective leadership, monitoring people performance, & ensuring timely operations & providing support to ensure smooth functioning. The product portfolio includes broking, mutual funds, life insurance, health insurance, cards and loans.
2) Dimensions: Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job.
Business Workforce Number
600+
Function Workforce Number
Manpower (Nos.)
Direct Reports: 100
Other Quantitative and Important Parameters for the job:
Manpower
FPD
100
Weekly Average Revenue (Rs)
10,00,000 -12,00,000
Customer Base
8000
Revenue to Cost
1.5
Annual Profit (Crs.)
1Cr
3) Job Context & Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section
Aditya Birla Money Ltd. (ABML)
is primarily a Broking Company that deals in Equity, Commodity & Currency. Workforce of ~800 spread across ~40 locations with customer base of more than 3 lacs. ABML is one of the leading securities trading companies in the country. ABML operates in a fragmented equity broking business and has a daily turnover of close to 3,000 Crores with a market share of 1%. Financial Product Distribution Channel of ABM will cater to the dynamic needs of the market for different products like Health Insurance, Life Insurance, Mutual Fund, etc. Through this current channel, ABM is venturing into the budding domain of multiplicity that works on the principle of “supplying after understanding demand”. The channel will work in sync with the units of ABC whose primary products will be in our product range.
The Assistant Area Manager is responsible for:
• Building a robust team and high productivity network with high penetration.