
Senior Business Development Manager
3 days ago
The primary objective of this position is to oversee the entire new business issuance and fulfillment process, ensuring seamless end-to-end management.
- Key Responsibilities Include:
Relationship Management
- Strengthen relationships through regular engagement with distribution heads.
- Regularly monitor and improve performance.
Managing New Business
- Responsible for managing new business issuance by ensuring daily traction on WIP to meet monthly targets.
- Drive WIP clearance through hub teams to clear field WIP on a daily basis for issuance.
- Regular governance calls with HUBs teams.
- End-to-end WIP management.
- Identify opportunities for improvement and drive process and operational excellence initiatives for ease of business and enhancing quality measures for channel partners.
Data and Reporting
- Deliver reports and analysis on various business parameters to derive plans of action for improvement.
- Enable and support distribution with data sets, reports, and dashboards.
- Work closely with internal departments on report automation agendas.
- Create and prepare presentations for senior management as required.
Control and Monitoring
- Ensure maintenance and updating of SOPs and 4-sheeters.
- Document and control changes in existing processes.
- Process service requests according to defined SLAs.
Projects and Continuous Improvement
- Conduct benchmarking internally and externally to establish best-in-class delivery and quality standards.
- Roll out new guidelines for distribution adherence.
People Management
- Develop team members to perform effectively and efficiently.
Measures of Success
- Monthly governance engagements with Distribution leaders/Head.
- Publish the Monthly Issuance Dashboard/Scorecard.
- Drive operational efficiencies with the Distribution team.
- 92% M0 Issuance.
- 94% M2 Issuance.
- FTR of 85%.
- Customer satisfaction through resolution of escalations and requests with TAT.
- # of projects completed - Complete 1 Green/Black belt project for the year.
- Talent retention >10% attrition for G2M2abv.
- Accurate reconciliation of business data/reports.
- User-friendly customization of analytical reports.
- Number of initiatives deployed to bring process improvements.
- Effective alignment across departments with minimal escalations.
Requirements
For this role we are seeking an individual who has:
- Graduate/Post Graduate in Management.
- Minimum of 10+ years of experience.
- 5 years in relationship management and Banca operations management.
- Sound knowledge of Bancassurance or Banking Operations Model & specifically operations processes.
- Good communication & analytical skills.
- Strong data skills and solution-centric approach.
- Customer-centric approach.
- Process documentation and systems approach.
- Computer skills in using databases and office management software including spreadsheets/presentation skills.
- Team management and strong relationship skills.
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