Business Development Executive

Year    Bangalore, Karnataka, India

Job Description


Business Development Executive

Job Location: Kammanahalli, Bangalore

Educational Qualification: - Any Graduate

Experience: 1 to 3 years preferably in NBFC, Banking & Insurance (Assets & Liabilities) or retired professional from financial institutions.

Interview Address CFCICI, No. 54, 1st Floor, Nehru Road, St. Thomas Town, Bangalore - 560084

CFCICI ( The Central financial credit and investment co-operative India Ltd)

CFCICI ( The Central financial credit and investment co-operative India Ltd) is a multi-state Credit Co-operative Society, registered under the Department of Agriculture & Cooperation, Govt of India. Currently, our operations span across Kerala and Karnataka states, with nearly 250 customer facilitation centres manned by a 1500 strong work force serving more than 150,000 loyal customer base which is only growing at a rapid pace.

CFCICI started its operations in March 2010 in Kerala and Karnataka.

Our technology driven operations are supported by FIS ( Fidelity Information Services), our core banking solution which is used by financial institutions in over 140 countries.

We have a book size of around 1500 crores. Our strong financial performance for the year 2021-22 enabled us to reward our shareholders with an impressive dividend payout of 12.5%.

We have, through rigorous systems in place, managed to contain our NPA at 0.79%, which is negligible when compared with the industry average.

Better interest rate on FD is one of our key features. For 1 year to 3 year plan we provide 11% interest and 11.5 % for senior citizens. Interest earnings can be credited monthly, quarterly or yearly.

We provide small value loans and 99% of our borrowers are women. Small value loans enable women to become entrepreneurs and be self-reliant which is in consonance with the national vision for financial inclusion.

One of our subsidiaries is The Central Bazaar which is a chain of retail concept super markets. This was started basically for the benefit of the society members and it has now grown to 47 super markets across Kerala within a short span of 18 months.

Job description

Key Responsibilities:

CFCICI, SR. BDE/ BDE, Liability Channel

In addition to any duties allocated by the Employer from time to time, SR.BDE/ BDE, position will involve the duties set out below:

Achieving sales targets on timely basis, attend sales reviews, prepare to meet financial

objectives by forecasting requirements; preparing sales strategy plan and ensuring productivity, maintaining work quality, identifying trends; be updated of competitive companies.

Maintains and expands customer base and conducts client meetings to build and maintain rapport with key customers; identifying new customer opportunities, customer- service standards; resolving problems; Implement proper and recommended customer service and regular follow-ups.

Accomplishes sales and organization mission by completing related results as needed. Support in brand promotion, marketing and related activities for enhancement of business.

Key Deliverables:

  • Ensure achievement of agreed targets
  • Develop and Implement field sales plan
  • Effectively manage customers and their operations
  • Responsible to provide quality service to the customers
  • Ensure adherence to all Company principles and policies
  • Coach, motivate and develop sales force
Skills, Experience and Qualifications
  • 1 to 3 years preferably in NBFC, Banking & Insurance (Assets & Liabilities) or retired professional from financial institutions.
  • Demonstrated ability to lead and develop himself/herself to the team
  • Capacity to understand all sales functional areas including Customer relationship
  • Candidate must be preferably from finance sector
  • Own vehicle is necessary for this job.

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Job Detail

  • Job Id
    JD3080588
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Rs.360000 per year
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year