Summary
Overview
Work History
Education
Skills
Certification
Personal Information
References
Timeline
CustomerServiceRepresentative
Bhavesh Patel

Bhavesh Patel

Mumbai

Summary

Dynamic professional with over 17.5 years of experience in the Financial Services Industry. Expertise lies in setting up New Business, Delivering Profitability; Set up Channel Management, Retail & Wealth Management, Corporate Sales Channel, Private client group (PCG), Acquiring Ultra HNI Customers, New Product Development, Data & Business Analysis, Business Campaign Management and Strategy Management. Proficient in new business set up & managing teams across a nation-wide network to achieve profitable growth. Aspiring for senior level assignments in Business Development, Product Management, Channel Management, Strategic Planning & Marketing, with a growth-oriented organization

Overview

16
16
years of professional experience
2
2
Certifications
4
4
Languages

Work History

Vice President

IndusInd Bank
04.2024 - Current
  • Developed new revenue streams by identifying growth opportunities and forging strategic partnerships with key industry players.
  • Managing a portfolio of high net worth clients
  • Cross-selling and Up-selling to TPP products to existing customers
  • Developed and executed comprehensive financial plans for clients, resulting in increased revenue for the bank.
  • Worked closely with the support teams to provide personalized services to clients.
  • Developed new business opportunities and maintained strong relationships with existing clients

Vice President

Purnartha Investment Advisers Pvt. Ltd.
04.2023 - 04.2024
  • Member of leadership team responsible for all revenue producing activities, achieving business goals, and executing the annual strategic plan in support of organization profitability
  • Instrumental in setting up strong foundation by setting up B2B and B2C channel
  • Managing Institution relationship to grow our market share & AUM
  • Communicated with clients and provided financial planning services and investment advice to them. Reviewed and constantly evaluated portfolios and managed new accounts
  • Developed financial models, conducted risk analysis, and assisted in the implementation of new products
  • Define and lead the implementation of the different business strategic plans in order to support and enhance the business growth
  • Build, train and maintain a high performing consultative sales team with focus, accountability for results and high levels of engagement
  • Monitored business trend forecasts and adjusted budget and operational plans to maximize growth and opportunities
  • Guide creation of best practice sales presentations, narratives, and stories that demonstrate value of organization

Deputy Vice President

SBI Securities Limited
04.2008 - 02.2023
  • Managed nation-wide business network for diversified financial services
  • Set up Digital Sales Team – Designed & Developed Digital business acquisition model to have the edge over the competition
  • Business Analytics – Identifying, modeling, understanding and predicting sales trend and outcomes while aiding sales Management in understanding where sales personnel can improve
  • Designing various business campaigns to achieve revenue targets
  • Established Corporate Sales Channel - Acquiring business by conducting sales activity at many corporates by offering special product and services
  • Organized Roadshows and Workshop across India to generate leads for new business
  • Participated in various investor mela and seminars to build relationships
  • Generating leads for broking and cross selling business by organizing sales activities at Housing Complex (Societies), Professional Colleges, Hospitals etc
  • Set-up Wealth Management & PCG Team – Acquiring & Servicing ultra HNI base
  • Focusing on increasing top line growth by structuring the right product mix
  • Maintained P&L and shouldered corporate fiscal responsibility
  • Core Member of the organization's technology & strategy team
  • Core Member in new product development and effort by launching various brokerage/ investment products & platforms
  • Provide functional guidance to in-house development team and develop IT applications to improve business efficiency
  • Cross Sales Business: Set up VRM team for selling cross selling of third-party products (Insurance, Mutual Fund, Bonds etc.) and driving cross sell business thru FOS
  • Designed various cross sell business campaign to ensure overachievement of annual budgets
  • Maintain effective liaison with Senior SBI Officials & Management, Big Corporates and ultra HNI customers
  • Planning & driving concerted campaigns to market retail financial products with select alliance partners
  • Plan and implement short/long term goals of the vertical in line with organizational objective and vision
  • Assume complete financial responsibility for managed channel including profitability, sales and key operating ratios
  • Utilized financial and statistical modeling to analyze business planning functions and various industry factors
  • Leveraged project management expertise to execute a business planning tool and complex analytical projects
  • Participating business conclave and industry seminars to promote thought leadership and best practices
  • Taken charge of setting up strategic business tie-ups with 5 nation-wide Associate Banks, including setting up service level agreements, business processes, commercial arrangement and product integration
  • Evaluated staff performance through regular reviews, identifying areas for improvement while recognizing achievements that contributed positively to the department's mission.

Business Development Executive

Motilal Oswal Securities ltd
  • Responsible for e-broking sales & marketing at Mumbai, Pune & Karnataka
  • Arranging Training in accordance with CDSL for SBI Branches
  • Helped SBI Branches in opening of Demat accounts
  • Worked with sales team to collaboratively reach targets, consistently meeting or exceeding personal quotas
  • Done Corporate Tie-up with Infosys & Wipro offices at Bangalore and TCS offices at Mumbai to acquire Demat & Trading accounts of their employees
  • Managed a portfolio of accounts, ensuring timely delivery of products/services while maintaining high levels of customer satisfaction
  • End to end Human Resource management for managed area including recruitment, training and skill set enhancement
  • Evaluated the performance of business development initiatives, making data-driven adjustments to optimize results and achieve sales targets
  • Built strong relationships with clients, leading to increased customer satisfaction and repeat business
  • Worked with sales team to collaboratively reach targets, consistently meeting or exceeding personal quotas.

Education

Higher Secondary -

Maharashtra Board
Mumbai
03.2002

Bachelors in Commerce -

Mumbai University
Mumbai
03.2006

Post Graduate Diploma in Management – Business Administration -

Welingkar Institute of Management
Mumbai, India
06.2020

Skills

Retail Business Management

Certification

NISM XXI A

Personal Information

  • Father's Name: Kanubhai C Patel
  • Date of Birth: 12/24/1984
  • Nationality: Indian

References

References can be made available upon request.

Timeline

Vice President

IndusInd Bank
04.2024 - Current

Vice President

Purnartha Investment Advisers Pvt. Ltd.
04.2023 - 04.2024

Deputy Vice President

SBI Securities Limited
04.2008 - 02.2023

Business Development Executive

Motilal Oswal Securities ltd

Higher Secondary -

Maharashtra Board

Bachelors in Commerce -

Mumbai University

Post Graduate Diploma in Management – Business Administration -

Welingkar Institute of Management
Bhavesh Patel