Business Development Executive

2 weeks ago


Chennai, Tamil Nadu, India Virtuous Advisors & Resources Private Ltd Full time
About Virtuous Advisors & Resources Private Ltd

Virtuous Advisors & Resources Private Ltd is a leading organization in the field of supply chain finance, providing innovative solutions to businesses.

Job Description

Job Title: Business Development Executive - Supply Chain Finance

Reports To: Director & Business Head (Supply Chain Finance)

Number of Positions: 3 (Years of experience may vary between 7-15 years)

Designations will differ based on experience.

Roles and Responsibilities:

  • Enable growth in SCF Business by identifying potential clients through self-sourcing, target market techniques, and referral networks.
  • Responsible for deal origination, structuring, relationship building, sanctioning, and disbursements of SCF products to large/medium corporate clients having a turnover of more than - 500 crores.
  • Understand clients' business models, payment cycles, vendor and sales management operations, and provide them with the right kind of structured SCF solution.
  • Develop and manage relationships with CFOs/Treasury Heads of large corporations and explore financing opportunities with them concerning SCF business.
  • Ensure growth in book size by extracting vendor databases from anchors, onboarding the suppliers, and increasing the utilization of limits.
  • Work in coordination with various internal stakeholders such as Credit, Operations, CMOG, Legal, and Compliance teams to ensure satisfactory resolution of client queries and deliver quality customer service.
  • Maintain portfolio hygiene and ensure overall portfolio health.
  • Manage and service the existing portfolio of SCF clients, including renewal and enhancement of limits.
  • Follow defined processes and improve upon them to optimize operations.
Requirements

Education: Graduate/Postgraduate in Marketing/Finance.

Experience: Min experience of 7 yrs.

Skills and Qualifications:

  • Experience in the banking/financing domain, preferably in SCF Business, and be eager to explore beyond traditional banking and enter the new-age financial market.
  • Sound knowledge of MS Word, Excel, and PowerPoint.
  • Good financial knowledge with an understanding of balance sheets and P&L statements.
  • Exposure to digital B2B lending.
  • Strong interpersonal and relationship management skills.


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