A Team leader’s chief role is the management and the development of the various activities related to both Finance and Accounts.

A Team Leader has to ensure that all the teams work in perfect co-ordination, make timely deliveries in accordance with specifications and to the desired quality standards. The person plays the chief role in making strategic technical decisions, works in tandem with the concerned project managers and ensures that the project plans are comprehensive, realistic, and attainable.

A Team Leader has to manage, coach and develop a team of the junior staff involved in the financial services, guide and motivate them to achieve the objectives of the business and at the same time ensure adherence to regulatory standards. The person also needs to oversee organizational development through improvements in standards & productivity, conduct coaching / training sessions, develop training plans, promote best practice standards of customer service and create management information reports from time to time. In addition to these, the role requires the individual to build and maintain strong relationships with other business areas in order to maximise overall business opportunities.

The ideal candidate should have 5 years experience in Systems development of which two should have been in a team leader role.

A Team Leader is responsible for the actual sales of packaged financial and investment products which may include mutual funds, fixed and variable annuities to customers. The person has to cater to the customers, meet with prospective clients and offer advisory support. Team Leaders should be highly proficient in identifying, profiling and reviewing the various financial / investment goals; likewise they must be able to prepare presentations and recommend appropriate investment products to clientele.

Prospective applicants must possess an in-depth knowledge of all the financial services/products in his portfolio in addition to having the requisite skills to impart coaching and guidance on the same to the other staff members on a regular basis.

To qualify as a team leader, a person should have at least 1 ½ years - 2 years of work experience related to sales preferably in the financial services industry. Ability to work long hours coupled with computer skills are a definite requirement for persons to qualify as senior or team leaders.

Excellent written and verbal communication skills along with leadership qualities are essentials of this position.

One can graduate to a Senior Manager’s position swiftly depending on one’s performance and proven track record in a specific area of specialisation.

Senior Managers play a crucial role in the change management decision making process. A Senior Manager works in close tandemwith the other Financial Services units, to accomplish the business needs and goals of the company.

Some of the other key responsibilities include working with the concerned clients, managing all operational aspects, monitoring staff selection and integration projects, client mentoring and transfer of knowledge skills. A Senior Manager is also responsible for establishing communications and PR programmes for the other members of the department.

Candidates planning a foray into this segmentmust have an experience of working at a senior level for at least 2 years in the financial sector. Additionally, the person must possess strategic, analytical, operational and project management skills, all of which play a key role in the successful execution of his responsibilities.

Individuals seeking a senior position should be aware of all current and important issues within the Financial Services industry and have a proven track record.

The pay packages accompanying this position are excellent and growth prospects remarkably attractive.

A Financial Services Technicianprovides direct technical support to clients and to the staff and also involves managing personnel within the Financial Services Group.

Key duties include the preparation of financial reports, monthly revenue and expenditure reports, managing banking services, investment activities, cash management, surveys, analyses and loan management. This role demands assisting in the preparation of financial studies, funding applications, cash flow analysis, and budgets.

Apart from the aforesaid mentioned functions, the individual has to assist with the budget preparation, mid-year report preparation, financial projections, capital improvement programs & maintenance of computerized accounting operations. He/She is also responsible to oversee journal entries, prepare reporting documents, analyze and reconcile data and accounts, prepare budget worksheets, deferred payment loans, assist in year-end closing process, confer with auditors, maintain data processing equipment; carry out research and develop new and related projects; and at times supervise assigned employees as well.

To qualify as a Financial Services Technician, a person has to be a self-starter and an independent worker. possessing good interpersonal, organisational and communication skills.

Even though this is a highly demanding –position, which tests a person’s proficiency to the hilt, it offers excellent remuneration to the deserving candidates.

A Trainer, as the name suggests, has a distinct role to play in accordance with the demands relevant to the organisation he is employed with. The person has to lay down and formulate the exact procedures and deliver various training modules for the concerned staff with the aim of enhancing their professional expertise..

A Trainer is expected to deliver a majority of the sales courses, and write a range of training materials in business finance. This could include both computer and non-computer courseware and tailored training manuals.

From generating new business and undertaking account management, to delivering management development courses and overseeing telephone sales, the person is responsible for a wide range of activities.

Ideally, the person should have prior experience in share and capital markets and have at least 2 years of experience in the design and delivery of sales training modules and have the ability to work closely with staff at all levels. Excellent communication skills are vital as the person has to interact with a wide variety of individuals and scenarios.

Growth prospects vary with individual performances. With the requisite skills and experience, a person can establish his own corporate training venture, which can reap excellent rewards in due course of time..

The Wall Street journey has defined the position of an Actuary as one of the best in the industry. An Actuary, as is well known, is a statistician who calculates all risks and is often employed by an insurance company. An Actuary usually reports to the Chief Actuary in any organisation.

The job profile of an Actuary includes Business Planning, Quarterly reserving, detailed annual reserving, and developing existing rate engines utilised by the underwriting teams. Other duties include pricing of business falling outside the rate engines together with pricing reviews of significant treaties and the developing new rating tools.

An Actuary plays a critical role in the designing of insurance plans, determining the premium, monitoring the profitability of insurance companies and recommending corrective action when required..

These individuals develop, price and manage annuities, life, homeowners, health and auto insurance products. Actuaries are also involved in defining and creating pension and retirement plans for organizations, either on staff or as a consultant. In addition, as the population of industrialized nation ages, actuaries will increasingly find roles as financial planning advisors as well.

Actuaries are employed in all sectors of the economy, though they are more conspicuous in the financial services sector. It includes insurance companies, commercial banks, investment banks and retirement funds. They are also employed by corporations as well as the state and federal government.

While most Actuaries work for consulting firms, there are others who are self-employed, successfully running their own businesses.