Company Overview

Margadarsi Chit Fund Pvt Ltd., a well-established company with a 62-year legacy, is part of the trusted Ramoji Rao Group. Known for being a customer-centric and reliable financial service provider, the company offers diverse financial solutions across different customer segments. With a presence in four states (Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu) and 121 branches, Margadarsi Chit Fund operates within the Financial Services industry and is headquartered in Hyderabad.

Job Overview

The Junior Business Development position at Margadarsi Chit Fund Pvt Ltd. offers an exciting opportunity for dynamic professionals with 1 to 3 years of experience. Located in Visakhapatnam (Kurmannapalem Branch), this full-time role focuses on building and nurturing client relationships, generating leads, and driving business growth. The candidate will work closely with the sales and marketing teams to execute strategic plans and enhance customer engagement initiatives.

Qualifications and Skills

• Proven track record in sales and ability to achieve targets through effective strategies and client engagement.
• Demonstrated expertise in market research to identify and capitalize on emerging market trends and opportunities.
• Proficiency in negotiation techniques to close deals efficiently while ensuring mutual benefit and satisfaction.
• Strong strategic planning skills to develop and implement business development plans aligned with company goals.
• Exceptional communication abilities, both verbal and written, to effectively convey ideas and influence stakeholders.
• Relationship Building (Mandatory skill) with the capacity to establish and maintain strong, long-lasting customer relationships.
• Lead Generation (Mandatory skill) aptitude in identifying and nurturing potential business opportunities to fuel growth.
• Customer Relationship Management (Mandatory skill) expertise in managing client relationships to ensure high customer satisfaction.
• Marketing Skills (must and should) essential to enhance brand presence and drive customer engagement through strategic marketing initiatives.

Roles and Responsibilities

• Identify new business opportunities and develop strategies to achieve growth targets for the assigned region.
• Cultivate long-term relationships with clients by providing exceptional service and understanding their financial needs.
• Generate leads through various channels, including networking, referrals, and digital marketing initiatives.
• Collaborate with internal teams to develop tailored financial solutions that cater to client-specific requirements.
• Conduct market analyses to stay updated on industry trends and competitors to strategically position company offerings.
• Negotiate terms and close deals with clients, ensuring mutually beneficial agreements and customer satisfaction.
• Prepare and deliver compelling presentations to promote Margadarsi Chit Fund's services and value propositions.
• Maintain a database of prospective and current clients using CRM software to track interactions and follow-ups.