Company Overview:

Margadarsi Chit Fund Pvt Ltd., part of the esteemed Ramoji Rao Group, is one of the most customer-centric and trusted financial services providers in India. Established 62 years ago, the company is renowned for offering diverse financial solutions to a wide range of customers. With a presence in Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, Margadarsi operates through 122 branches and houses a workforce ranging from 1,001 to 5,000 employees, headquartered in Hyderabad.

Job Overview:

We are seeking a dedicated Business Development Officer to join our growing team in Visakhapatnam (Kurmanapalem, Madhurawada). As a Junior level position, this full-time role is ideal for candidates with 1 to 3 years of work experience. The successful applicant will be pivotal in fostering business growth and enhancing client relationships in alignment with the company’s customer-centric values. Candidate must and should have a minimum degree and ONLY MALE CANDIDATES ARE PREFERRED.

Qualifications and Skills:

• Minimum 1 year of experience in business development or a similar role in the financial services industry.
• Strong negotiation skills (Mandatory skill) essential for closing deals and maintaining favorable terms with clients.
• Excellent communication skills (Mandatory skill) for effectively engaging with diverse stakeholders and clients.
• Proficiency in Customer Relationship Management (CRM) (Mandatory skill) to manage and analyze customer interactions and data efficiently.
• Experience in new business development to identify potential opportunities and engage with prospective clients.
• Strategic planning abilities for developing and implementing comprehensive plans for business growth.
• Strong analytical skills to assess market trends, client needs, and the performance of existing strategies.
• Proven ability to work collaboratively within a team environment while managing individual goals and responsibilities.

Roles and Responsibilities:

• Identify and develop strategic business relationships with potential clients to drive new revenue streams.
• Work closely with marketing teams to create and implement cohesive growth strategies.
• Analyze current market trends and competitors to foresee opportunities for reaching new client bases.
• Manage client accounts proficiently, ensuring customer satisfaction and retention through quality service.
• Liaise with internal teams to ensure successful delivery of client commitments and resolve any issues promptly.
• Participate in networking activities to research, present, and initiate new business prospects and partnerships.
• Prepare and deliver effective presentations and proposals to prospective clients, highlighting the value of company services.
• Report on progress towards individual and team targets, strategizing future business development plans.