Equity Advisor

We are hiring a proactive and result-driven Equity Advisor for Aditya Birla Money in Mumbai at Thane West.

About Aditya Birla Money Ltd:

Aditya Birla Money Ltd. (ABML) is primarily a Broking Company, deals in Equity, Commodity & Currency. Workforce of ~800 spread across ~40 locations with customer base of in excess of 3 lacs. Commodity operations are managed through its 100% subsidiary Aditya Birla Commodities Broking limited. ABML is one of the leading securities trading companies in the country. ABML operates in a fragmented equity broking business and has a daily turnover of close to 3,000 Crores with a market share of 1%. ABM works

in a highly regulated environment with a host of regulators like SEBI, RBI, AMFI, FMC, IRDA etc. regulating its day to day operations. In addition to the regulator ABML is also subject to close monitoring and inspection through various agencies like NSE / BSE / NCDX / MCX / NSDL / CDSL etc. ABML also operates in a highly competitive market mainly in fragmented industry with ABML competition from major National Broking houses like ICICI Securities, HDFC Securities, Angel Broking, MOFSL etc. and a range of local Broking outfits.

Job Responsibility:

· Acquiring Large Trader Clients with high margin

· Execution of transactions in Equities (Cash and Derivatives) Currency & Commodities

· Ensuring efficient and prompt management of orders based on customer request generating leads Selling/ advising third party products like Health Insurance, SIPs, Life Insurance, Mutual funds

· Day to day coordination with RMS, Activation Team, Surveillance and various other departments for smooth functioning of branch.

· Day to day approvals w.r.t to limits, commercials Shifting offline customers to online.

The major challenges for this profile include:

· Acquiring Larger Trader Clients amidst competitive markets

· Managing accurate order executions in volatile market conditions

· Changes in regulation is one of the biggest challenges with the regulator going strict on funding,margins etc.

· Encouraging them to transact and activating clients

· Encouraging the clients to transact to buy other ABC products.

· Changing the mindset of the Offline trader clients to adopt ONLINE platforms and then start transacting seamlessly.

The critical skill sets required to meet these challenges are strong understanding of equity markets, basic understanding of options and derivatives, meticulousness, pro-activeness, ability to work under pressure and superior communication skills. Comfort with OMNESYS, ODIN, NEAT, BOLT is highly preferable.

NISM VIII Series certification in Capital Markets / Derivatives is mandatory as per Exchange regulations.

• It is a Full Time Sales / Business Development job for candidates with 0 - 1 years of experience.

More about this Equity Advisor job

1. What is the eligibility criteria to apply for this Equity Advisor job?
   Ans: The candidate should be Graduate and above and above with 0 - 1 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹25000 - ₹50000 per month + Incentives that depends on your interview. It's a Full Time job in Mumbai.
3. How many working days are there for this Equity Advisor job?
   Ans: This Equity Advisor job will have 6 working days.
4. Are there any charges applicable while applying or joining this Equity Advisor job?
   Ans: No, there is no fee applicable for applying this Equity Advisor job and during the employment with the company, i.e., KC MAHINDRA EDUCATION TRUST.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Equity Advisor role?
   Ans: There is an immediate opening of 1 Equity Advisor at KC MAHINDRA EDUCATION TRUST
7. Who can apply for this job?
   Ans: Only Female candidates can apply for this Sales / Business Development job.
8. What are the timings of this Equity Advisor job?
   Ans: This Equity Advisor job has 09:00 AM - 06:00 PM timing.