Position: Cluster Head Department: Wealth Management Industry: Non-Banking Financial Company (NBFC) Location: Mumbai Experience: 10+ years Qualification: Graduate/Postgraduate in Finance, Commerce, or related field; relevant certifications (e.g., NISM, CFP, CFA) preferred. Role Overview: We are seeking a highly skilled and strategic Cluster Head to lead and manage a team of wealth managers focused on serving high-net-worth individuals (HNI) and ultra-high-net-worth individuals (UHNI). The ideal candidate will bring extensive expertise in wealth management, with a focus on mutual funds (MF), equity, and other investment products, coupled with a proven track record in team management, client acquisition, and business development. Key Responsibilities: Leadership and Team Management: - Oversee a cluster of relationship managers, ensuring they meet individual and team targets for client acquisition, revenue, and asset under management (AUM). - Provide mentoring, training, and motivation to ensure the team operates at its highest potential. - Recruit, develop, and retain top talent within the wealth management segment. Investment Advisory and Portfolio Management: - Understand clients' financial goals, risk tolerance, and investment preferences. - Provide tailored investment solutions across mutual funds, equities, structured products, and other financial instruments. - Monitor and review client portfolios to ensure optimal performance and alignment with their objectives. Strategic Planning and Execution: - Develop and implement cluster-level business strategies to achieve organizational objectives. - Establish short-term and long-term goals aligned with the company's overall vision and monitor performance against these benchmarks. - Drive initiatives to strengthen relationships with existing clients and attract new HNI/UHNI customers. Client Relationship Oversight: - Serve as a trusted advisor for key clients, ensuring a high level of satisfaction and retention. - Act as an escalation point for complex client queries or issues, resolving them promptly. - Promote cross-selling of financial products and services to maximize client engagement. Product and Market Expertise: - Stay updated on financial markets, regulatory changes, and the competitive landscape. - Provide insights and guidance on suitable investment opportunities in mutual funds, equities, and other financial products. - Support the team in delivering high-quality investment advisory services based on market intelligence and portfolio management strategies. Compliance and Risk Management: - Ensure the cluster adheres to all NBFC policies and SEBI guidelines. - Monitor transactions and processes to mitigate risk and ensure ethical practices. Skills & Competencies: - Deep knowledge of financial markets, mutual funds, equities, and other wealth management products. - Strong leadership and team management abilities, with a track record of managing high-performing teams. - Proven ability to build and maintain relationships with HNI/UHNI clients. - Strategic thinker with excellent problem-solving, decision-making, and organizational skills. - Exceptional communication, interpersonal, and presentation skills. Preferred Qualifications and Certifications: - Certifications: NISM Series V-A, Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), or equivalent. - 5+ years of leadership experience in NBFCs, wealth management firms, or private banking.

Mumbai

Cluster Head - Wealth Management - NBFC 

Job Description for Cluster Head - Wealth Management - NBFC  in Jaden Executive Search & Recruitment Specialists in  Mumbai for (10-15) years of experience. Apply Now!