HDFC Bank is a premier bank of India and working for HDFC definitely means working for a blue chip company. The bank operates primarily in two major sectors – retail banking and wholesale banking. The retail banking segment involves dealing with assets and liability functions, whereas wholesale banking revolves around allied functions and operations.
Wholesale banking usually has very few vacancies compared to retail banking. Retail banking employs financial asset managers from time to time and the job responsibilities are as follows:
- Duties and responsibilities of a financial asset manager include analysis of different customer portfolios, sales reports and also performance reports of different employees.
- The candidate will have to deal directly with high profile customers and might have to go on field with field staff.
- Maintenance of customer feedback is essential to formulate new strategies for growth.
- Excellent communication skills are required because the person would have to interact with both – employees and customers.
- The person also should have the capability to maintain customer records and account records in a computerized environment. A thorough understanding of return on investment concepts and cash flow models is required.
The basic requirement for such a job profile is a government recognized four year degree. Since, this is a high end management position, a degree in management would be required and the degree should be preferably in finance management, asset management or marketing management. Industrial certifications like CCIM would be required in some cases. A diploma in financial accounting would be an added advantage as the person would have to look after financial accounting aspects also.
The HDFC bank employees get various benefits including low interest personal loans, long tenure home loans, accommodation (for outstation candidates) and annual paid leaves. HDFC bank also falls under the category of “best employers to work for” because of its high profile work culture.
