Business Development Executive

SNAB SOLUTIONS

0 Years

16000 - 30000 Monthly

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Posted: 03 Apr 25

Job Description

We are hiring for the position of Business Development Executive in the Banking Sector!
Role : Business Development Executive

Salary : 16k to 35k

Experience : Fresher / Experienced

Qualification : Any Graduate

Age Limit : 21 to 30

Work Location : All over Tamil Nadu (preferred location)
Job Responsibility:

Open Current & Savings Accounts

Approach potential customers in the field

Build relationships and generate business
Interested candidates do share your resume

Key Responsibilities:

Client Acquisition and Relationship Management:
- Identify and target potential clients, including individuals, SMEs, and large organizations, who could benefit from the bank’s products and services.
- Develop and maintain relationships with key clients to drive repeat business and long-term partnerships.
- Build and manage a strong client portfolio to generate new leads and expand the customer base.
Sales and Marketing:
- Promote and sell banking products such as savings and current accounts, loans, credit cards, and investment products to individual and corporate clients.
- Conduct market research to identify new opportunities and stay informed about industry trends and competitors.
- Create and implement sales strategies to meet revenue targets and increase market share.
- Present banking solutions to prospective clients in a persuasive and clear manner, focusing on customer needs.
Cross-Selling and Upselling:
- Identify opportunities to cross-sell and upsell banking products based on customer profiles and financial needs.
- Leverage existing customer relationships to introduce new products, services, and value-added offerings.
- Assist clients in navigating the bank’s various services to ensure that they make informed financial decisions.
Customer Needs Assessment:
- Conduct thorough assessments of potential clients’ financial requirements and advise them on suitable banking products.
- Provide personalized recommendations to clients regarding banking solutions, ensuring that their financial goals are met.
- Offer tailored financial advice, considering the client’s lifestyle, goals, and investment preferences.
Business Growth and Market Expansion:
- Develop strategies for expanding the bank’s footprint in target markets.
- Participate in networking events, industry conferences, and community activities to represent the bank and attract new business opportunities.
- Collaborate with internal teams to enhance product offerings and ensure services meet customer demands.
Collaboration and Reporting:
- Work closely with other departments such as marketing, operations, and customer service to ensure seamless service delivery and customer satisfaction.
- Provide regular reports on sales progress, market conditions, and business development activities to management.
- Achieve sales targets and contribute to the bank’s overall business goals and growth objectives.
Customer Service Excellence:
- Maintain a high level of customer service to ensure client satisfaction and retention.
- Respond to client inquiries and resolve issues or concerns promptly.
- Ensure that all documentation and agreements are completed accurately and in accordance with bank policies.
Compliance and Risk Management:
- Adhere to all regulatory and compliance requirements set forth by the bank and financial authorities.
- Ensure all products and services meet legal and compliance standards.
- Conduct thorough due diligence when onboarding new clients to assess financial health and mitigate potential risks.

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: Diploma, B.Com, BA, BBA/BBM, 12th Pass (HSE)
What are the salary requirements for this job?
- Ans: The salary range is between 16000 and 30000 Monthly. The Salary will depend on the interview. This Business Development Executive is a Full Time in Coimbatore.
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.