Business Development Manager (BDM)

ob description:

The Business Development Manager (BDM) is responsible for driving business growth by acquiring new clients, maintaining relationships with existing customers, and developing strategic partnerships. The role focuses on increasing the company’s market share, revenue, and profitability in the NBFC or banking sector.

Key ResponsibilitiesBusiness Development & Sales:

• Identify and acquire new clients/customers for financial products (loans, credit, insurance, investment products, etc.).
• Develop and implement sales strategies to achieve revenue and business targets.
• Build relationships with key stakeholders, corporate clients, and retail customers.
• Generate leads through cold calling, networking, referrals, and digital platforms.
• Conduct market research and competitor analysis to identify growth opportunities.

Client Relationship Management:

• Manage and maintain strong relationships with existing customers to ensure repeat business.
• Provide financial solutions based on client needs and market trends.
• Ensure excellent customer service and support.

Strategic Planning & Market Expansion:

• Collaborate with senior management to develop new financial products or services.
• Identify potential business alliances and partnerships to expand market reach.
• Develop marketing campaigns in coordination with the marketing team.

Compliance & Risk Management:

• Ensure all sales activities comply with banking/NBFC regulations and company policies.
• Monitor financial risks and fraud prevention measures.

Reporting & Performance Analysis:

• Track sales performance and generate reports for senior management.
• Provide insights and recommendations for business growth based on data analysis.

Key Skills & Qualifications

• Education: Bachelor’s/Master’s degree in Business Administration, Finance, Marketing, or a related field.
• Experience: 3+ years in business development, sales, or relationship management in an NBFC or bank.

Job Type: Full-time

Pay: ₹14,095.21 - ₹30,000.00 per month

Work Location: In person