Job Description:Cluster Head – FeesAbout Fee DepartmentThe Fee Department of the Bank is responsible for sourcing Retail Fee from TPP – LI, GI, Mutual Funds, Axis Direct etc and Retail Forex & Remittances / RTFx. The Department drives business from Branch Banking channels and other Asset Channels of the Bank.About the Role· Responsible for driving targets for Retail Fee products viz. Retail Forex, Life Insurance, General Insurance, Health Insurance, Mutual Funds, Axis Direct, National Pension Scheme, PMS, AIF, Govt. Schemes (APY, PMJJBY, PMSBY), Lockers etc· Drive targeted product mix and persistency for insurance products to enhance profitability· Drive targeted level of branch and resource activation & productivity for achievement of Fee Revenue· Driving campaigns and contests launched locally or centrally to ensure achievement of the business volumes· Explore various avenues of increasing volumes through NTB / Referral for RFR business· Acquisition of new customers for RTFx business (New to Forex) and sourcing of other 100% backed Non fund based facilities like BG & LC· Responsible for driving mandatory certification to broad base the distribution & uphold the need of compliance across product lines· Develop synergies between different verticals for complementing each other’s businessKey ResponsibilitiesRelationship building, Multitasking, Ability to handle various stakeholders, Find opportunities of new business from within & outside the BankKey Relationships (Internal or External Stakeholders):External: Insurance Partners / Referral Agents viz. Education Consultants, Chartered Accountants, Money Changers / HNI / Clients with Import Export businessInternal: Bank Branches, Operations, Relationship Managers & Product teamsQualificationsOptimal qualification for success on the job is:· Education (formal degrees, certifications), MBA preferred· 6 - 8 years of work experience with adequate exposure to Forex & Trade products.· Certification like CCFE (Certificate Course in Foreign Exchange Operations), SP Certification & EUIN Certification preferred (May be mandatory after joining)Role Proficiencies:For successful execution of the job, a candidate should possess the following:· Multitasking· Ability to handle various stakeholders· Find opportunities of new business from within & outside the Bank· Good communication (both verbal and written) skill in both English and the local language· Excellent operational skills· Ability to handle pressure and meet deadlines· Ability to work successfully as a part of a teamAbout AxisIncorporated in 1994, Axis Bank is one of India’s most trusted banks & the third largest in the private sector. At Axis Bank, customer centricity has always been the foundation of our business. Our efforts to address the requirements of a diverse customer cross-section are powered by robust infrastructure, advanced technology, a comprehensive monitoring & control framework & a large talent pool.The Bank has a young & engaged workforce of over 1 lac employees, with an average age of 30 years. We are an equal opportunity employer & believe in empowering our employees by offering rich roles, learning opportunities & flexibility to chart their career, their way.Skills:Refer to the Job DescriptionAbout Company:Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 4,594 domestic branches (including extension counters) with 11,333 ATMs & 5,710 cash recyclers spread across the country as on 31st March, 2021. The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021.The Overseas operations of the Bank are spread over eight international offices with branches at Singapore, Dubai (at DIFC) and Gift City-IBU; representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and an Overseas subsidiary at London, UK. The international offices focus on Corporate Lending, Trade Finance, Syndication, Investment Banking and Liability Businesses
