Finance Business Development 6 Month Unpaid Internship

Business Development Intern

This internship provides a fantastic opportunity to gain hands-on experience in the financial services industry, contribute to business growth, and learn the key aspects of NBFC operations.

Key Responsibilities

Generating and Managing DSA Codes:

• Assist in generating

  Direct Selling Agent (DSA) codes

  to onboard new channel partners and agents.
• Collaborate with potential partners to explain the DSA onboarding process and benefits.
• Maintain a database of active DSAs, monitor their performance, and ensure proper utilization of codes.
• Provide support to DSAs in resolving any issues related to their codes or customer acquisition processes.

Channel Partner Development:

• Identify and onboard new channel partners, such as agents, brokers, and referral partners, to enhance business reach.
• Build long-term relationships with partners and provide training on NBFC products and services.
• Support partners in growing their customer base by offering marketing materials, tools, and guidance.

Customer Acquisition Strategy:

• Assist in developing and implementing strategies for lead generation and customer acquisition.
• Explore new opportunities for increasing customer engagement and expanding the NBFCs market share.
• Work with the marketing team to create campaigns for promoting financial products and services.

Compliance and Fair Practices Code (FPC):

• Gain an understanding of NBFC compliance requirements, including the

  Fair Practices Code (FPC)

  .
• Ensure all business development activities align with NBFC regulatory standards.
• Document and maintain compliance-related records related to DSAs and channel partnerships.

Market Research and Competitive Analysis:

• Conduct research on industry trends, competitor activities, and customer preferences to identify growth opportunities.
• Provide insights and suggestions for improving business development strategies.
• Stay updated on regulatory changes and their implications for NBFC operations.

Reporting and Documentation:

• Prepare detailed reports on DSA onboarding, channel partner performance, and customer acquisition progress.
• Maintain accurate records of all business development activities, partnerships, and leads.
• Present findings and recommendations to the business development team and senior management.

Requirements

• Education:

• Currently pursuing or recently completed a degree in Business Administration, Finance, Marketing, or a related field.

• Skills & Abilities:

• Strong communication and interpersonal skills.
• Basic understanding of financial services and NBFC operations (preferred but not mandatory).
• Ability to build and maintain professional relationships.
• Analytical and problem-solving skills to identify business opportunities.
• Proficiency in Microsoft Excel, Word, and PowerPoint for reporting and presentations.

• Personal Attributes:

• Self-motivated and goal-oriented mindset.
• Willingness to learn and adapt to a fast-paced environment.
• Strong organizational skills and attention to detail.

What You’ll Gain

• Hands-on experience in

  business development

  and

  channel partner management

  in the NBFC sector.
• In-depth knowledge of

  DSA onboarding and management

  processes.
• Exposure to NBFC compliance frameworks, including

  Fair Practices Code (FPC)

  .
• Opportunity to work on real-world projects and build a professional network in the financial services industry.
• A certificate of completion and recommendation letter upon successful internship completion.

Details

• Location:

  Remote or On-site (as per company requirements).

• Duration:

  6 Months (Unpaid Internship).

• Commitment:

  Part-time or full-time based on mutual agreement.

To Apply:

business development