Management Trainees Recruitment - Anand Rathi Group

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Ganesan Mahalingam

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Aug 1, 2014, 10:12:56 AM8/1/14

to vitty...@googlegroups.com, Muthukumar V, ed, chandrashekarthi

Dear Ganesan

Greetings from Anand Rathi group!!!!!!!!!

As discussed, Find below the process of recruitment and role of Management trainees whom we are recruiting and grooming them to Senior level position within our Organization.

Career graph and Training process is also given for your reference.

Request you to confirm the Number of students who can participate for the on/off campus interview.

Management Trainees

Recruitment Parameters

Qualification

Additional Criteria

MBA Graduates

-Candidates with good networking

-Inclination for medium to long term career commitment for the position

-Mobility within the state / region

-Preferably those who have done their Summer Project in Financial Services ( ideal would be someone who has done with us)

Selection Process

Candidates to clear pre designed written test, aptitude test and GD. The test models and evaluation process (designed by ZT) are being provided separately.
The selected candidates will be informed that they will be groomed and depending on their performance, capabilities displayed and assessed, the organization?s need and their own inclination they may be placed in Managerial roles over a period of time.
Employees who show exceptional performance and progress will be considered for a fast track growth after 18 months.

· Every Management Trainee has to clear NCFM before he is eligible for interview.

Evaluation Criteria

Evaluation Criteria for the selection of Management Trainee

S.No

Criteria

Parameters

Ability to communicate

Clarity of thought

Language(English, Hindi & Local language)

Articulation skills

Ability to comprehend and answer accordingly

Consistency in opinion

Cultural match

Adaptability

Ability to work at ground level

Respectful approach

Business acumen

Understanding of business drivers

Ability to sense and intuit business opportunities

Passion for financial services

Updation on financial markets

Demonstrated interest

Selling skills and inclination

Ability to convince and influence

Willingness to do field work

Perseverance

Selection Criteria
	Educational Qualification	Post Graduation with minimum 60% marks

	Elimination test
1	Online Test - Mathematics, reasoning	Minimum 60%
2	GD (if number of candidates are more than 50)

	Personal Interview
1	First Round	RHR/CH/ZT
2	Second Round	RD
3	Final Round	Business Head

Training Process

The candidates will undergo 24 months of intensive Training:

Training

Classroom Training: 7 days Training at HO Mumbai as per Schedule. Training which will not be possible to be done at RO should be done in HO.

HO Program at the beginning	7 days

1) Corporate Presentation
2) Equity- Basics of equity, trading and settlement, research reports etc.
3) Equity Derivatives- Basics of derivatives, trading and settlement, research reports etc.
4) Commodity & Currency- Basics, trading and settlement, research reports etc.
5) Products & Processes- PMS, Structured Products, Cross Sell Products etc.
6) Tools & Software- CRM, Kuber, Back Office, Web RMS etc.
7) Business Skill- Financial Planning, Selling Skills etc
7) Soft Skill- Communication, Time Management, multi tasking
8) Job Role ? KRA, compensation policies
9) Interaction with All business Heads, department heads and Vice Chairman

Training in Roles

The training to be divided at each role into 3 months training and 3 months job roles which can be done at each 2 months interval.

Role wise training
S.No	Profile	Core competency	Type of Training
1	Equity Advisory (Preferred Desk)	Dealing, investment and trading advisory, broking products, cash and derivative market, client servicing	Classroom and OJT
2	Brach sales (ARM)	Client acquisition, reference and networking, market and competitor's knowledge	Classroom and OJT
3	Preferred RM	Relationship management, financial planning, wealth management, cross sell products, Dealing with HNI clients,	Classroom and OJT
4	ABM	HNI client acquisition and servicing, branch functioning, team handling	Classroom and OJT

Mentors

There will be a mentor appointed for each of the trainee who will facilitate his training and to whom the trainee reports on a daily basis in terms of the progress and performance.

Every Management Trainee has to clear NCFM test after seven days training. The company will pay for and arrange for the test. If the candidate has to re appear for the NCFM test then he has to bear the cost.

Career Graph

All processes mentioned in the policy are designed to ensure that the Management Trainee once recruited have long term association with us.

Thanks & Regards
Mithina.M
Assistant Manager - HR Development

Anand Rathi

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