Head LWA (Lokmanya Wealth Advisor)
Experience: 8 Years & above
Qualification : Graduate / Post Graduate
Location: Pune
About the Company
Lokmanya Multipurpose Co-operative Society is a leading cooperative
society dedicated to serving the local community in 4 states (Karnataka, Maharashtra, Goa and
Delhi). Our society provides a wide range of financial services, including banking, loans,
investments, insurance, and more. We are committed to delivering superior customer service and
maintaining the highest standards of professionalism.
Job Description
The Head of Lokmanya Wealth Advisor (LWA) is responsible for leading the LWA division. This role involves managing and strengthening relationships with existing clients (LWA Agents) of the Society, overseeing the development and implementation of strategies to meet clients’s financial needs, and providing tailored banking solutions. The Head of LWA ensures the growth and success of the division through effective leadership and strategic planning.
Key Responsibilities:
- Lead and manage the LWA division to ensure excellent service delivery and client
satisfaction. - Lead the enrollment and acquisition efforts to onboard new Lokmanya Wealth Advisors,
ensuring the growth and expansion of our advisory team. - Develop and implement strategies to build strong relationships with high-value clients
(LWA Agents), fostering trust and long-term engagement. - Understand clients’ (LWA Agents) financial goals, risk profiles, and investment
preferences through regular interactions and reviews. - Provide personalized advice and recommendations on the Society’s products and
services, such as Fixed Deposit, Loans, Mutual Funds, wealth management, and
Insurance services. - Oversee the cross-selling of products to existing clients (LWA Agents) to deepen
relationships and generate additional revenue. - Ensure compliance with the Society’s regulations, policies, and procedures in all client
(LWA Agents) interactions and transactions. - Collaborate with other departments, such as Deposit, Loan, Mutual Fund & Insurance, to
facilitate seamless service delivery to clients (LWA Agents). - Monitor and analyze clients' (LWA Agents) financial performance, identifying potential
risks and opportunities for the Society. - Maintain accurate and up-to-date client (LWA Agents) records, including financial data,
correspondence, and account activities. - Organize and conduct client (LWA Agents) meetings, events, and presentations to
strengthen relationships and promote the Society's offerings. - Stay informed about industry trends, regulatory changes, and market developments to
provide valuable insights to clients (LWA Agents) and the team. - Drive growth by identifying prospective markets for business development initiatives and
setting goals for the LWA team.
Qualifications and Requirements
- Bachelor’s degree in finance, business administration, or a related field.
- Minimum 8 years of experience in a leadership role within the banking or financial
services industry, with a proven track record of managing teams. - Strong interpersonal and communication skills, with the ability to build rapport and trust
with clients (LWA Agents) and team members. - Excellent problem-solving and analytical skills, with the ability to understand and
navigate complex financial situations. - Proficiency in MS Office suite and familiarity with banking software and systems.
- In-depth knowledge of banking products, services, regulations, and industry best
practices. - Ability to lead a division effectively in a fast-paced environment.
- Exceptional time management and organizational skills.
To apply, please send your resume and a cover letter detailing your relevant experience to resume@lokmanyasociety.org.
Our Core Values
At Lokmanya, we believe that a career should be more than just a job; it should be a passion-driven adventure that brings out the best in you. We are not just a company; we are a community of like-minded individuals united by a common purpose: to make a meaningful impact on the world.
At Lokmanya, our core values are the heartbeat of our culture and the driving force behind everything we do. They define who we are as a company and guide our decisions, actions, and interactions with our customers, employees, and partners.
DISCLAIMER
BE AWARE : PHISHING SCAMS FOR EMPLOYMENT OPPORTUNITIES
Every job seeker should be aware of online recruitment fraud. Fictitious job postings, fraudulent job offers, and individuals purporting to be recruiters can defraud job seekers, commit financial crimes or steal identities.
Lokmanya Society takes this matter seriously and is actively working to reduce the likelihood of our brand being misrepresented as part of fraudulent activity. Job seekers interested in Lokmanya Society roles should know the following:
- At no point will Lokmanya Society or anyone recruiting for Lokmanya Society ever asks for money, credit card, or bank account information to complete a job application or be considered for a job.
- Lokmanya Society employees (including our recruitment teams) use email addresses that end in @lokmanyasociety.org
- At no point will Lokmanya Society or anyone recruiting for Lokmanya Society ever asks for money, credit card, or bank account information to complete a job application or be considered for a job.
- Communications you send directly to Lokmanya Society or anyone recruiting for Lokmanya Society should only go to email addresses ending in@lokmanyasociety.org
These fraudulent job postings or “recruiters” may ask job seekers for money, banking details, or other personally identifiable information.Recruiting scams have become more sophisticated and can appear as legitimate recruitment activities of reputable companies and often use third-party websites or direct email approaches. Caution should always be shown when sharing personal information and we hope that by highlighting these developments, unsuspecting job seekers will not be duped by these scams.
Generally, job seekers should watch out for: Incorrect domain names or email addresses: Check for misspellings of hiring companies or emails from domains that do not match the hiring company.Use of messaging services: Legitimate companies won’t conduct job interviews through messaging services like Google Hangouts, Yahoo Messenger, or Facebook Messenger. Unclear or broad job descriptions: Scammers use broad, vague job descriptions to capture a wide net of potential targets. Legitimate job ads will have a clear description of what your duties would be and will list the requirements for the job.The “dream” job offer: Extremely high compensation for a position that requires no skills or experience or job offers without any interview process… If it’s “too good to be true” it is likely fraudulent.
Requests for financial information: Be wary of any ask for money, credit card, or bank account information to complete a job application or create eligibility for a job. Requirements to purchase training or equipment: If a company wants you to pay for training materials or equipment before it will consider you for a job, it is likely fraudulent.