Senior Manager Strategic Alliances
Overall Purpose/ Objective of the Role
Build and drive Strategic alliances to achieve the sales objectives, tie-up with Equity Brokers, Large MF Distribution Houses, Large Insurance Players, Fintechs, Insurtechs and other financial intermediaries to create a channel network for driving sales of 5nance offerings.
Managing the firms sales budget and cost, Increasing sales volume and profitability of the firm and also build a strong distribution network for achieving greater market development.
Operating Network
Accountable to: Head Sales & Alliances.
Internal Interactions: All departments.
External Interactions: Equity Brokers, Large MF Distribution Houses, Large Insurance Players, Fintechs, Insurtechs, Online platforms, Product manufacturers, Self-regulatory bodies, Regulators, Customers.
Annual Target Revenue
To be mutually agreed upon.
Experience and Professional Qualifications Required for this role
Work Experience: 6-7 years out of which 3-4 years of experience in managing alliances.
Minimum Management Experience: 2-3.
Education Qualifications: MBA minimum.
Skills Required
Technical Expertise: Relationship Management, Product in-depth analysis, Channel Management, Negotiation Skills.
Language Proficiency: English Strong command in verbal & written communication; knowledge of local/ other language is a plus.
Areas of Responsibility
Strategic Alliances:
- Define the strategy for building a strong sales plan with each relationship.
- Strong network of alliances to be created for generating revenue.
- Work closely with stakeholders within large financial institutions for establishing relationship and driving sales.
- Sales budget and management for achieving the goals.
- Pan India relationship management.
- Team Handling & Management of team KRAs along with Individual KRAs.
- Focus on sales target, numbers, user base, revenues, profitability and cost structures.
- P&L ownership of the Sales function.
- Feedback generation from the alliances network towards effective product offerings, feeding into the Business teams.
- BI activities on the sales generated from different channels, refining the sales strategy.
- Work with IT for UI development for better customer experience, ease of sales and other sales enablement projects.