A 1st Line Manager is directly responsible for the supervision and coordination of various activities pertaining to the finance division. First-line managers often report to mid-level managers, who in turn report to owners or top-level managers. The person may be required to perform management functions as well. These may include carrying out accounting and budgeting functions, in addition to their supervisory duties.

In small organisations, managers have typical first-line supervisory duties. These persons are normally engaged in similar activities as the workers whom they supervise. Hence, they are classified as First-line Supervisors or Managers.

2nd Line Managers have fairly more responsible functions. They have to deal with people at all levels of an organization,and therefore, are expected to apply their skills and intuition to addressing different business situations.

Both 1st and 2nd Line Financial managers need to have good analytical skills and supervisory traits.

A financial services administrator holds responsibilities like the processing of new business, carrying out preliminary file compliance, producing review schedules for key clients and dealing with various enquiries of clients and insurance companies.

They are expected to support the financial consultants and advisors with the maintenance and updating of client files, communicating with and informing clients about their concerned documentation and other details. Ad hoc duties like administration functions are also performed by an administrator.

Liaising with clients, managing specific accounts and working in coordination with the Managing Director are some duties of a financial services administrator. An eye for accuracy and detail with good team spirit are essential traits.

An Administrator should have at least one year of financial services experience, good communication skills and should be proficient in MS office packages.

Growth prospects are in accordance with individual performances but persons are expected to constantly update their knowledge in their area of specialisation.

An Administration Manager is responsible for all the cash handling and other related procedures of the organisation. As a financial services administration manager, the person will have to produce financial and budget reports, prepare tax and audit reports as well as offer secretarial support.

Knowledge of payroll entry, a good head for figures and a basic grounding in IT is preferable. Strong organisational skills and attention to detail are other key requirements of this position.

The administration manager should have both administrative and accounting management experience. The person must be well organised, have the ability to multitask and prepare financial reports using bookkeeping software. The person will also be responsible for the supervision of the branch administration.

For a person to qualify as an Administration Manager, he/she should possess at least a minimum of 2 years supervisory experience in a financial services environment. A person should possess a proven track record, and should be technically qualified to runn large weekly payrolls.

Administration Managers should be energetic, self-motivated, confident and possess team leading qualities.. Pay packages are commensurate with the individual’s efforts and performance.

A Financial Services Manager’s role involves the management of the financial and accounting activities of the organisation. The person is responsible for preparing reports and statistics. These reports would ideally reflect earnings, profits, cash balances and other financial results.

A Financial Services Manager has to manage the Financial Services Division, which includes Financial accounting and all other related aspects. Prospective managers must have a strong background in the preparation of financial statements, forecasting, and procurement and should be able to develop & administer large complex budgets.

Other responsibilities include corporate financial analysis, long-range cash flow forecasting, the preparation of financial statements and department operations, maintenance of accounts payable and accounts receivable ledgers, and supervising banking and cashier activities. Furthermore, they are also required to be familiar with reconciliation of general ledger accounts, preparation of periodic statements of indirect costs by departments and accounts, overseeing the reconciliation of bank statements, and supervising administrative and accounting staff.

Other key responsibilities include the implementation of a new finance system and developing improved financial knowledge amongst service managers through training.

To qualify as a Financial Services manager, a person must possess a Bachelor's degree in Accounting or Business and should haveat least 4-5 years of accounting management experience that includes planning, forecasting, and financial analysis.

Familiarity with computers coupled with strong organizational skills are a must. A lot of dedication and long hours are a part of this work profile but the position rewards the achievers handsomely. Ambitious individuals can set up their own business in addition to offering advisory and consultancy services.

The job also offers excellent pay packages for the hi-end achievers.

The Sales and account management of a certain fixed area is the chief responsibility of a Financial Services Sales Manager. The person is responsible for the development and maintenance of all the Target Account Plans. He/She has to lead all the sales activities. These would include making capability presentations, sales calls, proposals, and oral presentations. A Sales Manager plays the role of a key communicator with clients and is a natural central point for all contractual and financial issues.

A Sales Manager has to have the capability to initiate and pursue all new sales within a specified area. The person should have excellent skills to identify new sales opportunities and take appropriate action on every such opportunity. Strong and independent decision-making skills to make appropriate presentations and proposals, and the ability to negotiate are prime requisites of a successful Sales Manager.

In addition to these, the Sales Manager must have excellent skills to plan and achieve revenue targets for sales. He/she should be able to understand and offer the most effective solutions to all client enquiries. The person must have expertise in the Financial Services Capital Markets or Banking area and should be able to communicate highly technical information to clients / audiences. Excellent relationship skills, ability to troubleshoot all issues, and overseeing collections are some of the other duties associated with this profile. Computer and web-based research skills are a must.

Apart from being a highly responsible profile that commands total commitment of the individual, the job position also offers excellent pay packages and promising growth prospects as well.

A Sales Support professional is required to offer efficient customer service solutions to customer questions and inquiries. The person is involved in assisting personal bankers by completing all necessary paperwork. This could be related to client sales or service issues.

This job profile includes contacting prospective customers, presenting them with relevant information and explaining all the available services, identifying their specific financial needs and referring them to the Personal Banker or to the appropriate sales specialist. The person has to provide exemplary customer service as well as effective solutions to all / any customer questions and inquiries.

The person must have the skills to develop future prospects from the current stream of commercial customers, complete all paper work pertaining to agreements and check processing services. Other important duties include the evaluation of various costs and revenue of agreements to determine profitability.

This role requires aspirants to possess excellent presentation and convincing skills to impress the targeted audiences, so that they can convert them into permanent clients. The Sales Support person will have to constantly review the ever-changing business trends and offer advisory services to customers regarding futuristic fluctuations.

A bachelor’s degree coupled with knowledge of marketing strategy and tactics, product demonstration, sales techniques and the skills for promoting and selling products and services are key requirements of this position. Good computer skills and working knowledge of all Microsoft applications will be useful..

Salary is in accordance with the individual’s performance, which in turn determines the individual’s growth in the organisation.