Company Overview

Margadarsi Chit Fund Pvt Ltd., part of the prominent Ramoji Rao Group, is a 62-year-old trusted financial services provider. With a customer-centric approach, the company offers diversified financial solutions across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu through its wide network of 122 branches. Headquartered in Hyderabad, Margadarsi Chit Fund stands as a stalwart in the Financial Services industry, employing between 1,001 and 5,000 professionals. Learn more at www.margadarsi.com.

Job Overview

We are seeking a passionate Business Development Officer for our Chittoor, Tirupati locations. The position is junior-level, demanding a full-time commitment with employment at Margadarsi Chit Fund Pvt Ltd. The ideal candidate will possess 1 to 3 years of experience in business development or a related field. This role is pivotal for driving business growth by identifying new opportunities and nurturing client relationships. FEMALE CANDIDATES SHOULD NOT APPLY, ONLY MALE CANDIDATES ARE PREFERRED.

Qualifications and Skills

• Previous experience in business development or similar, with a minimum of 1 year and a maximum of 3 years.
• Demonstrated skills in Customer Relationship Management (CRM) to manage and improve business relations.
• Effective business development capabilities focused on identifying new market opportunities.
• Proficiency in negotiation to close deals effectively and deliver satisfactory outcomes for all parties.
• Excellent communications skills (Mandatory skill) to clearly convey ideas and information to colleagues and clients.
• Strong negotiation skills (Mandatory skill) essential for achieving favorable agreements and understanding stakeholder needs.
• Outstanding communication skills (Mandatory skill) crucial for engaging with diverse client segments and teams.
• Ability to work collaboratively along with strong analytical skills to support strategic business decisions.

Roles and Responsibilities

• Identify potential business opportunities in relevant markets and segments to boost growth prospects.
• Establish and maintain strong client relationships, ensuring timely support and addressing their needs.
• Conduct market research and analysis to stay updated on industry trends and competitive landscape.
• Develop strategic plans to acquire new clients and retain existing ones, enhancing overall profitability.
• Collaborate with different departments such as marketing and operations to streamline business efforts.
• Prepare and deliver effective presentations to potential clients showcasing services and business value.
• Monitor and report on business development activities, providing insights and recommendations for improvement.
• Ensure all negotiations and deals align with company objectives, maintaining ethical and transparent dealings.