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Profitmart
Branch Manager - Stock BrokingProfitmart • Navi Mumbai, Mumbai, India
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Branch Manager - Stock Broking

Branch Manager - Stock Broking

Profitmart • Navi Mumbai, Mumbai, India
30+ days ago
Job description

Profitmart Securities Pvt. Ltd. is a leading broking company offering comprehensive investment solutions including Equity, Derivatives, Commodities, Currency, Mutual Funds, IPOs, Bonds, Insurance, Wealth Management, and Demat & Trading Accounts. We are expanding our branch network and looking for dynamic leaders to drive business growth.

We are looking for a dynamic and result-oriented Branch Manager with a proven track record in Stock Broking and Wealth Management. The ideal candidate should have strong experience in driving sales, leading high-performing teams, expanding distribution networks, and achieving aggressive revenue targets.

This role is purely focused on business acquisition, revenue generation, sales team management, and channel expansion.

Key Responsibilities

  • Drive overall sales and revenue growth for the assigned region.
  • Achieve monthly, quarterly, and annual business targets across all investment products.
  • Lead, motivate, and manage a high-performing sales team to consistently exceed business goals.
  • Recruit, train, mentor, and develop Relationship Managers and Sales Executives.
  • Acquire new Demat & Trading Accounts through direct sales and team efforts.
  • Generate revenue through:
  • Equity
  • Futures & Options
  • Mutual Funds
  • Insurance
  • IPOs
  • Bonds
  • Wealth Management Products
  • Build and expand relationships with HNI, Retail, NRI, and Corporate Clients.
  • Drive cross-selling and maximize revenue per customer.
  • Develop and expand the Franchise, Authorized Person (AP), Business Associate, and Referral Partner network.
  • Identify new business opportunities and increase market penetration within the assigned territory.
  • Conduct client meetings, investor awareness programs, seminars, and business development activities.
  • Monitor team productivity and ensure consistent achievement of sales KPIs.
  • Build a strong sales pipeline and ensure high conversion ratios.
  • Develop strategies to improve customer acquisition, activation, and revenue generation.
  • Analyze competition and market trends to identify growth opportunities.

Desired Candidate Profile

  • Graduate (MBA/PGDM preferred)
  • 5–10+ years of experience in Stock Broking, Capital Markets, or Wealth Management.
  • Proven experience in sales leadership and business development.
  • Experience in managing large sales teams and consistently achieving revenue targets.
  • Strong understanding of Capital Market products.
  • Excellent networking, negotiation, and relationship-building skills.
  • Having a team of 4–5 sales professionals from the broking industry will be an added advantage.
  • Strong leadership and team management capabilities.
  • Self-driven, target-oriented, and passionate about sales.

Important Note

  • This is a Pure Sales & Business Development role.
  • The role is focused entirely on client acquisition, revenue generation, cross-selling, and achieving business targets.
  • Previous experience with a leading stock broking firms will be preferred.
  • Candidates with a proven track record in Sales within the Stock Broking, Capital Markets, or Wealth Management industry will be given preference.
  • Candidates with experience primarily in Operations, Back Office, Compliance, RMS, DP Operations, Settlements, or other non-sales functions are requested not to apply.
  • Only candidates with hands-on experience in Sales, Business Development, Client Acquisition, and Revenue Generation will be considered.


Skills Required
Mutual Funds, Insurance, Equity, Wealth Management, Stock Broking, Bonds, Business Development

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Branch Manager - Stock Broking • Navi Mumbai, Mumbai, India

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