Manager -Mutual Funds

MANAGER – MUTUAL FUNDS

Hiring Partner: Magsum Solutions

Hiring For: Vanmoh

Location: Coimbatore, Tamil Nadu

Employment Type: Full-Time

Reporting To: Head of Financial Services / Senior Management

About the Role

Vanmoh is expanding its financial services ecosystem with a focus on helping customers access suitable mutual fund and investment solutions.

We are looking for an experienced manager of mutual funds to lead mutual fund distribution, investor acquisition, AUM growth, relationship management, and channel development.

The ideal candidate should have strong knowledge of mutual fund products, investor behavior, and distribution practices, along with a proven ability to build and manage a customer and sales network.

Key Responsibilities

1. Mutual Fund Business Growth

• Develop and execute strategies to grow Vanmoh’s mutual fund business.
• Drive new investor acquisition and increase Assets Under Management (AUM).
• Achieve monthly, quarterly, and annual business targets.
• Develop strategies for SIP, lump sum, and other suitable investment solutions.
• Identify opportunities to increase customer engagement and investment penetration.

2. Investor Acquisition & Relationship Management

• Build and maintain long-term relationships with investors.
• Understand customer financial goals, risk profile, and investment requirements.
• Assist customers in understanding appropriate mutual fund categories and investment options.
• Drive SIP registrations, additional investments, and portfolio growth.
• Maintain high standards of customer service and investor communication.

3. Sales & Distribution

• Develop and manage mutual fund distribution channels.
• Build relationships with agents, financial advisors, referral partners, and other distribution partners.
• Identify new customer acquisition opportunities.
• Conduct investor meetings, presentations, and financial awareness initiatives.
• Support branch teams in generating and converting mutual fund leads.

4. Team Management

• Manage and mentor mutual fund sales executives/advisors.
• Set individual and team targets.
• Monitor sales productivity and AUM contribution.
• Conduct regular performance reviews.
• Train the team on products, processes, customer handling, and sales practices.

5. Product Knowledge & Market Awareness

• Maintain strong knowledge of mutual fund categories, products, and market developments.
• Track industry trends and competitor offerings.
• Work with management to identify products and solutions relevant to Vanmoh’s customer base.
• Conduct regular product and market updates for the sales team.

6. Compliance & Investor Protection

• Ensure mutual fund distribution activities follow applicable SEBI, AMFI, and company policies.
• Ensure proper KYC, documentation, and investor onboarding processes.
• Maintain appropriate records and documentation.
• Ensure transparent communication regarding investment products, risks, costs, and performance.
• Promote responsible and suitability-based distribution practices.

7. MIS & Business Reporting

Prepare and review regular mutual fund business reports.

Track:

AUM

New investors

SIP registrations

Net inflows

Gross sales

Redemption

Customer retention

Advisor/agent productivity

Branch-wise performance

Present business performance and growth plans to management.

8. Marketing & Investor Engagement

• Work with the marketing team to develop investor education and acquisition initiatives.
• Organize investor awareness programs and customer engagement activities.
• Support digital and offline campaigns for mutual fund acquisition.
• Develop initiatives to improve SIP penetration and customer retention.

Key KRAs / KPIs

• AUM growth
• Net mutual fund inflows
• New investor acquisition
• SIP registrations and growth
• Gross sales
• Customer retention
• Cross-selling to existing customers
• Channel/agent productivity
• Branch-wise mutual fund performance
• Team target achievement
• Compliance and documentation accuracy

Required Qualifications

Bachelor's degree in finance, commerce, business administration, or a related field.

An MBA / PGDM in Finance will be an advantage.

NISM certification relevant to mutual fund distribution is required/strongly preferred, as applicable to the role.

4–8 years of relevant experience in mutual funds, wealth management, banking, financial distribution, or related financial services.

Preferred Experience

Candidates with experience in:

• Mutual fund distribution
• Wealth management
• Banks
• AMCs
• Financial advisory
• Brokering
• NBFCs
• Fintech
• Investment distribution

will be preferred.

Experience in building and managing advisor/agent networks will be an added advantage.

Skills Required

• Mutual fund product knowledge
• Investment distribution
• Customer relationship management
• Sales & business development
• AUM growth strategies
• Team management
• Financial market awareness
• Investor communication
• MIS & Excel
• CRM systems
• Strong analytical and communication skills

Ideal Candidate

The ideal candidate should be a relationship-driven financial services professional who can build trust with investors while delivering strong business growth.

The candidate should be:

• Strong in mutual fund products and distribution.
• Target-oriented and commercially driven.
• Capable of building long-term investor relationships.
• Comfortable managing sales teams and distribution channels.
• Strong in investor communication and financial awareness.
• Ethical and highly compliance-conscious.
• Able to build a scalable mutual fund business for Vanmoh.

Compensation

Compensation: Competitive, based on experience and proven track record.

Performance Incentives: Applicable based on agreed business and AUM targets.

Location: Coimbatore, Tamil Nadu

Employment Type: Full-Time

Joining: Immediate / Within 30 days preferred