Business Development Executive

Business Development Executive

Job Location: Kammanahalli, Bangalore

Educational Qualification: - Any Graduate

Experience: 1 to 3 years preferably in NBFC, Banking & Insurance (Assets & Liabilities) or retired professional from financial institutions.

Interview Address CFCICI, No. 54, 1st Floor, Nehru Road, St. Thomas Town, Bangalore - 560084

CFCICI ( The Central financial credit and investment co-operative India Ltd)

CFCICI ( The Central financial credit and investment co-operative India Ltd) is a multi-state Credit Co-operative Society, registered under the Department of Agriculture & Cooperation, Govt of India. Currently, our operations span across Kerala and Karnataka states, with nearly 250 customer facilitation centres manned by a 1500 strong work force serving more than 150,000 loyal customer base which is only growing at a rapid pace.

CFCICI started its operations in March 2010 in Kerala and Karnataka.

Our technology driven operations are supported by FIS ( Fidelity Information Services), our core banking solution which is used by financial institutions in over 140 countries.

We have a book size of around 1500 crores. Our strong financial performance for the year 2021-22 enabled us to reward our shareholders with an impressive dividend payout of 12.5%.

We have, through rigorous systems in place, managed to contain our NPA at 0.79%, which is negligible when compared with the industry average.

Better interest rate on FD is one of our key features. For 1 year to 3 year plan we provide 11% interest and 11.5 % for senior citizens. Interest earnings can be credited monthly, quarterly or yearly.

We provide small value loans and 99% of our borrowers are women. Small value loans enable women to become entrepreneurs and be self-reliant which is in consonance with the national vision for financial inclusion.

One of our subsidiaries is The Central Bazaar which is a chain of retail concept super markets. This was started basically for the benefit of the society members and it has now grown to 47 super markets across Kerala within a short span of 18 months.

Job description

Key Responsibilities:

CFCICI, SR. BDE/ BDE, Liability Channel

In addition to any duties allocated by the Employer from time to time, SR.BDE/ BDE, position will involve the duties set out below:

Achieving sales targets on timely basis, attend sales reviews, prepare to meet financial

objectives by forecasting requirements; preparing sales strategy plan and ensuring productivity, maintaining work quality, identifying trends; be updated of competitive companies.

Maintains and expands customer base and conducts client meetings to build and maintain rapport with key customers; identifying new customer opportunities, customer- service standards; resolving problems; Implement proper and recommended customer service and regular follow-ups.

Accomplishes sales and organization mission by completing related results as needed. Support in brand promotion, marketing and related activities for enhancement of business.

Key Deliverables:

• Ensure achievement of agreed targets
• Develop and Implement field sales plan
• Effectively manage customers and their operations
• Responsible to provide quality service to the customers
• Ensure adherence to all Company principles and policies
• Coach, motivate and develop sales force

Skills, Experience and Qualifications

• 1 to 3 years preferably in NBFC, Banking & Insurance (Assets & Liabilities) or retired professional from financial institutions.
• Demonstrated ability to lead and develop himself/herself to the team
• Capacity to understand all sales functional areas including Customer relationship
• Candidate must be preferably from finance sector
• Own vehicle is necessary for this job.