Cluster Head - TPP | Indore

POSITION DESCRIPTION

JOB TITLE

Cluster Head-Third Party Products

GRADE

AVP-I

DEPARTMENT

Third Party Products

LOCATION

RO/Branch

SUB-DEPARTMENT

TYPE OF POSITION

Full-time

REPORTS TO

Regional Head–TPP

REPORTING INTO

NA

1. ROLE PURPOSE & OBJECTIVE

• Managing the various business teams to Drive the Third-Party Products business & revenue for the assigned branches in the region. The Area Manager will be responsible for a minimum of 50 branches.

• Focus on Ensuring IRDA certification to all the branches with minimum 4 or more per branch

• Engaging with CBH, RH, AMs, RBMs to deliberate on the Income lines across all the products and Regions Activation

• Co-ordinate with the Area SPOCs of the Insurance Partners for leads, logins, issuances and escalations

2. SIZE OF THE ROLE

FINANCIAL SIZE

NON-FINANCIAL SIZE

20 Cr to 50 Cr Portfolio to be managed- TPP

• Handle assigned set of branches and drive TPP Business and Income

• Work with Branches to increase branch profitability

• Reduce income leakage

3. KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business

• Responsible for TPP business generation for the allotted cluster (minimum of 50 branches)

• Responsible to ensure revenue generation from each of the branches of his cluster.

• Responsible to ensure timely roll out of TPP business in all the branches of his cluster.

• Ensure, supervise the correct implementation of the retail business

Customer

• Building relationship with all BMs and drive business through them

• Responsible to ensure that all the Branch Staff in the assigned branches are IRDA certified

• Responsible to coordinate with external Insurance representatives to stay up to date with their recent launches.

Internal process

• Responsible for smooth operation of TPP business in branches

• Responsible to ensure that business is driven through compliant processes.

• Responsible for ensuring implementation of Mandatory Display of the documents

Learning & Performance

• Ensure that all members of his team are up to date on all relevant circulars and all products/services offered in the Branch

• Evaluate the staff competences in terms of promotion, business assessment and credit risk assessment capacity and propose solutions for improvement

• Ensure adherence to training man-days/ mandatory training programs for self and reportees

• Ensure goal-setting, mid-year review and annual appraisal process within specified timelines for self and reportees

• Monitor performance of staff against defined goals/metrics and take corrective action wherever required; undertake disciplinary and attendance monitoring of Housing Loans team.

4. MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational

Qualifications

• Graduate, preferably Post Graduation

Experience

• 10 to 15 years in sales

Functional Skills

• Ability to create teams and drive sales performance. Will be required to take complete ownership of the TPP business at sub-regional level.

• Ability to engage with customers, colleagues & insurance partners

• Ability to plan and coordinate with internal and external stakeholders

• Team Leading Experience is highly preferred

• Ability to speak and read regional language(s)- is desirable. Ability to communicate in English (Read-speak-write) is required. Has good verbal fluency and uses simple, clear and purposeful language.

• Good Computer knowledge.

• Characteristics of Entrepreneurial Behavior – Ability to plan, set goals, initiative, persistence, self-discipline, capacity to take risks, produce support networks and assess the market

• Establishes a friendly and professional relationship with the entire team

Behavioral Skills

• Training Skills

• Interpersonal skills – ability to handle various types of mindsets and get desired output for meeting bank’s goal

• Willingness to travel & relocation as per business requirements and career opportunities

• Managing customer relations

• Performance oriented

5. KEY INTERACTIONS

INTERNAL

EXTERNAL

• All Business Teams at Regional Level & Corporate Level

• Insurance Partners

• Regional Product Teams

• Vendors

• Audit, Vigilance, Admin & FCU team

• TPP Team

PREPARED BY: Abhigna S

DATE: 17-01-2024

REVIEWED BY: Harsh Sharma

DATE: 17-01-2024

LAST UPDATED BY: TM Team

DATE: 07-06-2024