Junior Business Development Role - Business Loan/Supply Chain Finance/Working Capital (3-6 yrs) Bangalore (BFSI Sales)
Nexthire LLP
Bangalore, Karnataka
Permanent
Full-time
1 month ago
- Designation: Junior Business Development- Tenure : Full-time Regular Employment Position.- Location : Bengaluru- Experience: 3 - 6 yearsJob Description- We are seeking a motivated and results-driven person for Business Loan/Supply Chain Finance/Working capital products, targeting medium-big distributors and big enterprises, but NOT to micro-enterprises. - The ideal candidate will have a strong connection within FMCG distributors. It is good to have background in financial services sales particularly in supply chain funding, Business loan, working capital with a proven track record of meeting and exceeding sales targets in the business lending sector.Job Content:- Present and promote our business loan and SCF products and services to distributors and corporates, highlighting their features, benefits, and competitive advantages.- Prospect and generate leads through various channels, including cold calling, networking events, and referrals.- Conduct thorough needs assessments with potential clients to understand their financing requirements and business goals.- Customize financial solutions to meet the specific needs of clients, including term loans, lines of credit, equipment financing, and other business lending products, showcasing their benefits and ROI.- Collaborate closely with internal and 3rd party lending partners to develop customized finance solutions that meet client's specific requirements.- Prepare and present loan proposals, outlining terms, conditions, and repayment schedules in a clear and compelling manner.- Negotiate loan terms and conditions with clients to achieve mutually acceptable agreements while adhering to company policies.- Build and maintain strong relationships with clients to foster repeat business and referrals.- Keep informed about industry trends, competitive activities, and market developments to identify opportunities for growth.- Meet or exceed sales targets and KPIs set by the company- Customer Contract Management - right from engagement stage to Relationship Management for renewal of contract.Requirements:- Bachelor's degree in finance, business administration, or a related field (preferred).- Proven experience in sales within the financial services sector, with a focus on supply chain finance, invoice financing, or related products.- Strong understanding of supply chain finance principles and how they impact businesses' financial health.- Excellent communication and presentation skills, with the ability to articulate complex financial concepts clearly and persuasively.- Ability to work independently and collaboratively within a team environment.- Proven ability to negotiate and close sales deals effectively. (ref:updazz.com)