Business Development Executive in personal loan sales

Business Development Executive – Personal Loan Sales Department: Sales Location: [Insert Location] Reporting To: Sales Manager / Business Development Manager Job Summary: As a Business Development Executive (BDE) – Personal Loan Sales, you will be responsible for acquiring new customers and driving sales of personal loan products. This role demands a strong understanding of financial products, excellent communication skills, and the ability to build and maintain client relationships while achieving set sales targets. Key Responsibilities: Identify and acquire new customers through direct sales, referrals, and lead generation. Pitch personal loan products to potential customers and guide them through the application process. Conduct need-based financial assessments to recommend suitable loan solutions. Maintain regular follow-ups with prospects and ensure a high conversion rate. Build strong relationships with existing clients to generate repeat business and referrals. Ensure complete and accurate documentation for all customer applications. Collaborate with credit and operations teams to ensure smooth loan processing and disbursal. Meet and exceed monthly sales targets and performance KPIs. Stay updated on industry trends, competitors’ offerings, and regulatory guidelines. Key Requirements: Education: Graduate in any discipline (MBA/PGDM preferred but not mandatory). Experience: 1–3 years of experience in personal loan or retail loan sales (BFSI sector preferred). Skills: Strong sales and negotiation skills Excellent communication and interpersonal skills Goal-oriented mindset with the ability to work under pressure Proficiency in CRM tools and Microsoft Office Language: Fluency in English and regional language(s) Performance Metrics: Achievement of monthly and quarterly sales targets Customer acquisition and retention rate Lead conversion ratio Quality and accuracy of documentation Compensation: Competitive fixed salary plus performance-based incentives Travel allowance (if applicable) Health insurance and other benefits as per company policy Show more Show less