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LAS Sales Manager- Goregaon Full-time Job

1 year ago NBFC Mumbai   129 views
Job Details

Job description

About Anand Rathi Group:

Inaugurated in 1994, Anand Rathi is one of Indias leading full services financial services firm covering the entire gamut of investors and offering services such as Wealth Management, Investment Banking, Corporate Finance & Advisory, Brokerage & Distribution in a vast sector of Equities, Commodities, Mutual funds, Structured products, Insurance, Corporate deposits, Bonds & Loans to Institutions, Corporations, High-net-worth individuals and Families.

Servicing Clients with the Highest Standards of Excellence, Ethics, Values and Professionalism.

Please find a brief Job description for your ready reference which I was able to get from the Business Head for the aforesaid position.

To achieve the targeted loan book & NIM by selling LAS products to HNI & Retail segments

The product segment includes Loan against shares/MF Units to HNIs, Retail clients; Loan against Insurance Policies, ESOP Financing.

To develop DSA Network

Supervision of NBFC operation

o KYC of Loan client, Loan documentation

o Client Position and Security Position

o Processing of daily transaction

o Pay-in/payout securities

Transfer of corporate action (Dividend, Bonus, split etc.)

To manage daily Fund Planning, Pay-in/Payout of Funds, Interest Computation, Interest collection and Payment, Cliental accounting

MIS Reporting

Atomization in existing LAS process and Software

Finalization of accounts and handling Internal and statutory auditors queries

Assisting in RBI Audit etc.

Pledge reporting with exchanges

The person will be responsible for enhancing loan against securities (LAS) business by acquiring, onboarding, and servicing HNI clients and Promoters.

Interested candidate, please email their resume to khushboopatel@rathi.com

Feel free to share the job with a relevant candidate

Company Description
ARGFL was incorporated on February 3, 1982. The Company is a subsidiary of Anand Rathi Financial Services Ltd. The Company is registered with Reserve Bank of India (RBI) as non-banking finance company (NBFC) and classified as a Credit and Investment Company and categorized as 'Systemically important non-deposit taking non-banking financial company' (NBFC-ND-SI).
ARGFL is mainly offering Loan against Property (SME Funding), Loan against securities (including Shares, Commodities, Mutual Funds, Bonds, ESOPs and other liquid collaterals) and Project Financing. ARGFL has ambitious plans to expand its fund based activities primary to provide value added products / services to the large client base of the Group.
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