Business Development Executive

Key Skills

Communication Skills Lead Generation Business Development

Job Description

Business Development Executive - Business Loan/Home Loan/Vehicle Loan/Gold Loan

Education: Bachelor's (Required)

We are seeking a highly motivated and results-driven Business Development Executive to join SIB Operations and Services Ltd (SIBOSL), a subsidiary of The South Indian Bank.

The Business Development Executive will be responsible for driving business growth by identifying and acquiring new clients for home loan products.

Responsibilities

1. Identify and prospect potential customers for home loans through various channels such as branches of South Indian Bank, leads, referrals, networking, and cold calling.

2. Conduct thorough market research to identify target segments and develop strategies to penetrate the home loan market effectively.

3. Build and maintain strong relationships with potential clients, providing them with comprehensive information about home loan products and assisting them throughout the application process.

4. Meet and exceed sales targets by converting leads into successful home loan applications.

5. Conduct presentations / meetings to educate potential clients about the features, benefits, and eligibility criteria.

6. Collaborate with internal teams to ensure smooth and timely processing of home loan applications.

7. Ability to assess client financials and determining loan feasibility.

8. High level of motivation, self-confidence, and resilience to handle challenges and rejection.

9. Willingness to continuously learn and adapt to changing market conditions and product offerings.

Compensation

1. The selected candidate will be offered a CTC in the range of INR 15,400 to INR 35,000 per month. However, CTC is not constrained for experienced and competitive candidates.

2. In addition to the CTC, high Performance-based INCENTIVES will also be provided.

Experience : 0 - 6 Years

No. of Openings : 100

Education : Any Bachelor Degree

Role : Business Development Executive

Industry Type : Banking / Financial Services / Stock Broking

Gender : [ Male / Female ]

Job Country : India

About South Indian Bank

One of the earliest banks in South India, "South Indian Bank" came into being during the Swadeshi movement. The establishment of the bank was the fulfillment of the dreams of a group of enterprising men who joined together at Thrissur, a major town (now known as the Cultural Capital of Kerala), in the erstwhile State of Cochin to provide for the people a safe, efficient and service oriented repository of savings of the community on one hand and to free the business community from the clutches of greedy money lenders on the other by providing need based credit at reasonable rates of interest.
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