Business Development Officer

Company Overview

Margadarsi Chit Fund Pvt Ltd. is a prominent name in the financial services industry, with a strong legacy of over 62 years as part of the esteemed Ramoji Rao Group. Renowned for being customer-centric and trustworthy, we offer diversified financial solutions across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu through our 122 branches. Our headquarters is in Hyderabad, and we employ between 1,001 and 5,000 dedicated professionals. Visit us at www.margadarsi.com.

Job Overview

We are seeking a motivated Business Development Officer to join our team at Margadarsi Chit Fund Pvt Ltd. in Visakhapatnam (Kurmanapalem, Madhurawada), Mangalagiri, Nellore, & Tuni. This full-time position is at the junior level, requiring one to three years of work experience. The ideal candidate will play a crucial role in identifying opportunities for business growth and building strong relationships with clients. Candidate must and should have a minimum degree and

Qualifications and Skills

• Proven experience in customer relationship management to enhance client satisfaction and long-term patronage.
• Strong negotiation skills to effectively close deals and negotiate terms with prospective clients.
• Ability to generate and qualify leads to expand the company's client base and achieve growth targets.
• Excellent networking skills to establish and maintain professional relationships within the financial services industry.
• Proficiency in strategic planning to identify business growth opportunities and develop action plans.
• Sound analytical skills to assess market trends, and competitor activities, and identify areas for improvement.
• Team-oriented mindset with the ability to collaborate with cross-functional teams to drive business objectives.
• Effective verbal and written communication skills to interact with clients and stakeholders seamlessly.
• Strong interpersonal communication skills to build rapport with clients and team members efficiently.

Roles and Responsibilities

• Identify and pursue new business opportunities to increase revenue and expand the company's market presence.
• Build and nurture relationships with existing and potential clients to drive long-term business success.
• Develop and implement strategic business plans to meet or exceed sales targets and objectives.
• Conduct market research to identify trends and opportunities, leveraging this information to gain a competitive edge.
• Prepare and present proposals and presentations to prospective clients, highlighting the benefits of our services.
• Collaborate with internal teams to tailor services to meet clients' specific needs.
• Track and report on sales performance metrics, suggesting improvements where necessary.
• Stay updated with industry trends and regulations to ensure compliance and enhance business strategies