Infusing Talent

We are keen on cultivating a youthful and dynamic workforce and have consequently placed an additional emphasis on infusing young talent within the organisation.

30 years

Average age of employees hired in FY 2022-23

Regular studies were conducted to identify the trends on what potential candidates expect from employers. Mapping these with the Company’s practices has helped us in reimagining UTI AMC as a brand of choice among young aspirants. Meticulous efforts have been put in to inculcate some of the best practices which has helped us attract fine talent from campuses across functions from leading B-schools. The management trainees are then groomed to acquaint them with the work culture, internal practices and align them with the Company’s goals.

A well thought strategy for campus hiring and a positive shift in perception has encouraged building strong relationships with the business schools.

26

No. of New Hires during the year, through campus placements

At UTI AMC, we have also made a conscious effort to decentralise our recruitment resources for a swifter and more efficient talent infusion across offices. We have attempted to create bridges between the available talent pool which might not be directly accessible and our own demand for diverse and skilled candidates by leveraging various hiring channels across online professional networks.

Our onus has been on structured recruitments with a keen focus on diversity. During FY 2022-23, UTI AMC has witnessed a steep ascend in women hiring at all levels.

~ 60 %

Hiring of women from Campuses in FY 2022-23

56

Women hired across functions in FY 2022-23

As a people driven Company, UTI AMC has always placed an additional emphasis on promoting talent from within the organisation. Through a structured scientific assessment process, interested employees are evaluated for cross functional hiring requirements. This assists in fulfilling the recruitment needs faster, developing a roadmap for internal employee by widening their skills set and retaining key talent within the Company.

Training and Development

Development through continuous training has enhanced competencies holistically for UTI AMC family. A 360-degree diagnostic learning approach is followed for building a conducive environment right from strengthening the domain knowledge to behavioural skills, encouraging top down and bottom up communication mediums and cross functional interaction. This, followed by detailed round the year assessments, have enabled the workforce to deliberate and course correct to optimise productivity at any given time.

We prioritise our employees’ growth through systematic assessments that enables us to evaluate the need for training for the desired set of competencies. While diagnostic studies are done to understand the base line abilities, functional assessments are conducted for specialised skills. This helps in designing comprehensive training programme for each employee for a holistic development for their current as well as projected career maps.

During FY 2022-23, extensive exercises were conducted for all domains that included Investment, Sales, IT and ESG. For our fresh hires, we ensured ample on-the-job mentoring and regular knowledge sessions. Digital transformation being at the forefront in strategy for the organisation, employees have undergone rigorous trainings to make them technology friendly and bringing in ease while adapting to cloud-based applications. A strong emphasis was given to upskill all employees at different career stages to conduct automated tasks with proficiency even while on the go. Strict adherence to compliance was adapted where most of our employees successfully completed all mandatory modules within the stipulated time.

Another core area for UTI AMC has been to make the senior level cadre future ready to be the leaders of tomorrow. Various leadership development programs for senior leadership team have been conducted at central, zonal and regional levels to prepare them take steeper responsibilities as they move up the hierarchy. Few of our fund managers were certified with ESG investing trainings which has become an integral part of the organisation’s overall strategy.

To build further gravitas, our senior most leadership team attended Ivy League Institutes for specialised training. We aim to build a promising leadership bench strength in line with our robust succession plan.