Job Summary:

The Business Development Executive is responsible for identifying and securing new business opportunities, building and maintaining relationships with potential clients, and contributing to the growth of the company. This role requires a blend of sales skills, strategic thinking, and excellent communication abilities to achieve sales targets and expand the business.

Key Responsibilities:

1. Identify New Business Opportunities:

• Conduct market research to identify new clients and business opportunities.
• Identify trends and customer needs to offer tailored solutions.
• Expand the customer base by targeting potential clients through cold calls, emails, and networking.

1. Lead Generation and Prospecting:

• Develop and execute strategies for lead generation.
• Qualify leads to ensure potential customers are a good fit.
• Build a strong pipeline of opportunities for the sales team.

1. Client Relationship Management:

• Establish and maintain strong relationships with potential and existing clients.
• Attend networking events, industry conferences, and meetings to represent the company.
• Ensure a high level of customer satisfaction and follow up on inquiries.

1. Sales Presentations and Negotiations:

• Create and deliver engaging presentations and product demos to potential clients.
• Negotiate contracts and close sales deals.
• Collaborate with the sales and marketing teams to tailor offerings to meet client needs.

1. Market Research and Competitive Analysis:

• Analyze competitor strategies and market trends to ensure the company’s competitive edge.
• Stay up-to-date with industry developments to recommend new business strategies.

1. Collaboration and Reporting:

• Collaborate with internal teams (marketing, product development, etc.) to ensure service delivery and client satisfaction.
• Track sales performance, set targets, and provide reports to the management team.
• Participate in regular meetings to discuss sales targets, results, and opportunities.

1. Sales Strategy Implementation:

• Assist in the development and execution of business development strategies.
• Contribute ideas for new products or services based on client feedback and market trends.

Skills and Qualifications:

• Bachelors degree in Business, Marketing, Sales, or a related field.
• Proven experience in business development, sales, or marketing (typically 1-3 years).
• Strong understanding of market research and business development techniques.
• Excellent communication, negotiation, and presentation skills.
• Self-motivated, results-oriented, and able to work independently.
• Strong organizational and time-management skills.
• Ability to develop relationships with both internal and external stakeholders.
• Proficiency in CRM software and Microsoft Office Suite.
• Ability to analyze data and provide actionable insights.

Desirable Attributes:

• Knowledge of industry-specific tools and technology.
• Ability to think strategically and take a proactive approach to challenges.
• Experience in a similar industry (e.g., technology, finance, healthcare, etc.).

Work Environment:

• Work Schedule: [Insert Schedule]
• Travel: [Insert Travel Requirements]
• Location: [Insert Location] (Remote/Office Hybrid/On-site)

About the company

IndusInd Bank is one of Indias leading financial services brand. We are the preferred banking solutions provider and partner for approximately 42 million customers across the country, including individuals, large corporations, various government entities and PSUs. Our banking network spans 3063 branches/ banking outlets and 2993 ATMs spread across India, covering 1,60,000 villages, and we also have representative offices in London, Dubai and Abu Dhabi. The Bank offers a wide range of products and services for individuals and corporates, including microfinance, personal loans, personal and commercial vehicle loans, credit cards and SME loans.