Business Development Manager Hyderabad

Greetings of the day !
Dear candidate,

A Business Development Manager (BDM) at YNM Pan Global Trade Pvt Ltd plays a pivotal role in driving the company's growth by identifying new business opportunities, fostering client relationships, and enhancing revenue streams. Below is a general outline of the roles and responsibilities for this position:

1. Client Acquisition & Sales

• Identify and acquire new business opportunities in retail, corporate, or SME banking.
• Generate leads through networking, cold calls, and referrals.
• Promote banking products such as loans, credit cards, savings accounts, and investment solutions.

2. Relationship Management

• Maintain and strengthen relationships with existing clients.
• Provide personalized financial solutions to customers.
• Ensure client retention through high-quality service and engagement.

3. Market Research & Strategy Development

• Analyze market trends, competitor activities, and customer needs.
• Develop strategies to expand the bank’s customer base and increase revenue.
• Identify cross-selling and upselling opportunities.

4. Financial Advisory & Product Promotion

• Educate clients on banking products, including savings, loans, and investment services.
• Work closely with product teams to customize offerings based on client requirements.
• Ensure proper documentation and compliance with banking regulations.

5. Business Growth & Target Achievement

• Achieve and exceed sales targets set by the bank.
• Develop action plans to drive revenue growth.
• Collaborate with internal teams (operations, risk, compliance) for seamless service delivery.

6. Risk Management & Compliance

• Ensure adherence to banking policies, RBI guidelines, and financial regulations.
• Conduct due diligence on potential clients to minimize credit risks.
• Maintain records and reports for audit and compliance purposes.

7. Team Coordination & Training

• Work with sales teams and branch managers to optimize business opportunities.
• Train junior staff and sales executives on banking products and sales techniques.

Required Skills & Qualifications:

• Education: Bachelor's/Master’s degree in Business, Finance, or Banking (MBA preferred).
• Experience: 3-7 years in business development, banking sales, or financial services.
• Skills:
• Strong sales and negotiation skills.
• Excellent communication and relationship management.
• Market research and analytical ability.
• Knowledge of banking regulations and compliance.

How to Apply:
Interested candidates can send their resumes and portfolios to [l.deepthi at the rate ynmsafety.com]

Job Types: Full-time, Permanent

Pay: ₹60,000.00 - ₹70,000.00 per month

Benefits:

• Cell phone reimbursement
• Health insurance
• Paid sick time

Language:

• Fluent English (Preferred)

Work Location: In person