Adani Group

Ahmedabad, Gujarat

Although the responsibilities of a business development manager may vary by industry, many day-to-day duties are uniform. Some of those include:Setting goals and developing plans for business and revenue growthResearching, planning, and implementing new target market initiativesResearching prospective accounts in target marketsPursuing leads and moving them through the sales cycleDeveloping quotes and proposals for prospective clientsSetting goals for the business development team and developing strategies to meet those goalsTraining business development staffAttending conferences and industry eventsFundamental Skills for Business Development ManagersAspiring business development managers need a variety of hard and soft skills. Examples include communication, organizational, time-management, and technical and computer skills, as well as drive and self-motivation.Communication skills: Business development managers must be able to communicate with clients of all backgrounds and educational levels. Well-developed written and verbal communication skills are must-haves for professionals who work in this field.Organizational skills: Professionals who choose this career path must be comfortable juggling numerous clients, on- and off-site meetings, and deadlines. Individuals who are highly organized are best equipped to manage the many parts of the job and keep client proposals and other tasks on track.Time-management skills: Business development managers must understand how to prioritize their time. Individuals who work in this field must be comfortable managing a calendar and adjusting their schedule as needed.Technical and computer skills: Most organizations use a sales content management system (CMS) to track leads and client calls and document where each prospect is in the sales cycle. Aspiring business development managers must have basic technical and computer skills.Drive and self-motivation: The most successful business development managers are goa

Role & responsibilities1. Risk Management Strategy: Develop and implement hedging strategies to manage financial risk related to foreign exchange, interest rates, and commodities.2. Market Analysis: Monitor financial markets to identify trends and potential risks.3. Analytics : Data Driven Decision making.4. Technology: Identifying opportunities to digitize processes and implementing digital tools and technologies to improve efficiency and accuracy.5. Performance Evaluation: Perform scenario analyses and stress tests to assess the potential impact of different market scenarios on the company's financial performance. Regularly assess the effectiveness of hedging strategies and adjust as necessary. Monitor and report on key performance indicators related to risk management activities.6. Hedging Strategy: Formulate and execute comprehensive hedging strategies to safeguard the organization against various financial risks, including but not limited to currency fluctuations, interest rate changes, and commodity price volatility. Evaluate and select appropriate financial instruments, to execute hedging strategies effectively. Execute transaction at national & international exchanges and banks for commodities , bullions and foreign exchange7. Team Leadership: Manage and mentor a team of hedging and risk management professionals.8. Compliance: Ensure hedging activities comply with regulatory requirements and internal policies. Counter Party management, Signing of Agreements, Cash flow management9. Reporting: Provide regular reports on hedging activities and their effectiveness in risk mitigation.10. Cross Function Collaboration: Collaborate with finance, treasury, and other departments to integrate hedging strategies into overall financial planning. Facilitate communication and understanding of risk management principles across the organization.11. Relationship Management: Establish and maintain relationships with financial institutions, brokers, and ot