ADITHYA IT SOLUTION PVT LTD jobs for Business Development Executive in Salem. Last Date to apply: 25 Apr 2025
Job Description
A business development executive (BDE) in a bank is a front-line sales representative who sells the bank's products and services to new customers. They also work to grow the bank's business by identifying new opportunities and forming partnerships.
More information about this Business Development Executive Job
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Job Description
- Selling the bank's products and services to new customers
- Responding to issues that affect sales
- Hiring, training, and onboarding new sales team members
- Overseeing the growth of assigned markets and clients
- Representing the bank at industry events
- Tracking and analyzing sales data
- Achieving sales targets
- Presenting sales reports to senior management
Key Responsibilities
Client Acquisition & Relationship Management
- Identify and acquire new clients, including individuals, businesses, and corporate entities.
- Build and maintain strong relationships with existing customers to enhance retention and loyalty.
- Conduct regular follow-ups with clients to address their financial needs and ensure customer satisfaction.
Sales & Business Growth
- Promote and sell banking products such as savings accounts, current accounts, loans, credit cards, insurance, and investment products.
- Meet and exceed sales targets by developing innovative strategies to attract and retain customers.
- Analyze market trends and competitor activities to identify growth opportunities.
Cross-Selling & Upselling
- Identify customer needs and offer tailored banking solutions to maximize revenue.
- Encourage existing customers to opt for additional financial products or upgrade their current banking services.
- Coordinate with different banking departments to ensure seamless service delivery.
Market Research & Strategic Planning
- Conduct research on the banking industry, customer preferences, and competitor strategies.
- Develop and implement sales plans to expand the bank’s customer base.
- Suggest new financial products and services based on market demand and customer feedback.
Networking & Business Partnerships
- Establish partnerships with businesses, corporate houses, and high-net-worth individuals (HNWIs) to generate leads.
- Attend networking events, industry seminars, and business forums to enhance the bank’s visibility.
- Collaborate with local businesses to create referral programs that boost customer acquisition.
Compliance & Risk Management
- Ensure adherence to banking regulations, policies, and ethical standards.
- Conduct due diligence on potential clients to mitigate financial risks.
- Maintain proper documentation and follow compliance procedures to prevent fraud.
More information about this Business Development Executive Job
Please go through the below FAQs to get all answers related to the given Business Development Executive job
- What are the job requirements to apply for this Business Development Executive job position?
- Ans: A candidate must have a minimum of fresher as an Business Development Executive
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: B.Com, BA, BBA/BBM, BCA, BE/B.Tech, BSc, CS, Other Graduate
- What are the salary requirements for this job?
- Ans: The salary range is between 16000 and 20000 Monthly. The Salary will depend on the interview. This Business Development Executive is a Full Time in Salem.
- What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
- This Business Development Executive is a work from home job?
- Ans: No ,its not a Work from Home Job.
- How many job vacancies are opening for the Business Development Executive position?
- Ans: There are immediate 1 job openings for Business Development Executive in our Organisation.
Job Particulars
Role bfsi consulting
Who can apply Freshers
Hiring Process Walk - In, Face to Face Interview
Employment TypeFull Time
Job Id2625747
Job Category Bank , Finance , Sales and Marketing
Locality Address
State Tamil Nadu
Country India
About Company
ADITHYA IT SOLUTION PVT LTD
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