LKP Securities Relationship Manager Interview Questions and Answers

Q1. How sale was done, how sale close
Ans. 
Sales are achieved through building relationships with clients and understanding their needs, leading to successful closures.
• Build rapport with clients to understand their needs and preferences

• Present products or services in a compelling way that addresses client's needs

• Handle objections effectively and provide solutions

• Negotiate terms and close the sale by gaining client's commitment

• Follow up with clients to ensure sa
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Q2. Product knowledge
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Q3. How you like your job
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Q1. Na na na na na
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Q1. Knowledge of Bfsi sector ? How to work effectively
Ans. 
Knowledge of BFSI sector is crucial for a Relationship Manager to work effectively.
• Stay updated on industry trends, regulations, and market conditions

• Understand different financial products and services offered by banks, financial institutions, and insurance companies

• Build strong relationships with clients by providing personalized financial solutions

• Analyzing financial statements and assessing risk factors for clients

• ...read more
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Q2. How to work in manner
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Q1. Tell me about your past and current job experience and achievement?
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Q1. Tell me about equity market outlook and taxation of mutual fund
Ans. 
Equity market outlook is positive due to economic recovery. Mutual funds are taxed based on holding period and type of fund.
• Equity market outlook is positive due to the global economic recovery and low interest rates.

• Mutual funds are taxed based on the holding period and type of fund.

• Short-term capital gains tax is applicable if the holding period is less than 1 year.

• Long-term capital gains tax is applicable if the hol...read more
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Q1. IDENTIFY GROWTH AREAS AND TELL YOUR STRATEGY
Ans. 
Identifying growth areas and developing strategies to capitalize on them is crucial for success as a Relationship Manager.
• Conduct market research to identify potential growth areas

• Analyze customer feedback and trends to pinpoint areas for improvement

• Develop personalized strategies for each client based on their unique needs and goals

• Collaborate with cross-functional teams to implement growth initiatives

• Regularly review...read more
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Q1. ABOUT JOB REQUIREMENTS AND TRAVELL
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Q1. Tell me about your self?
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Q2. Why Should i hire you
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Q3. Skill suitable for job
Ans. 
The skill suitable for a Relationship Manager is excellent communication and interpersonal skills.
• Ability to build and maintain relationships with clients

• Active listening and problem-solving skills

• Negotiation and conflict resolution skills

• Ability to work under pressure and meet targets

• Knowledge of financial products and services

• Strong organizational and time management skills
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Q1. What are your salary expectations?
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Q2. Why are you looking for a change?
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Q1. Details about to introduce yourself firstly
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Q2. Discussion about previous job experiences
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Finally they putting questions about the job roles & responsibility