Volibits | Business Development Manager

2 weeks ago

india Volibits Full time

3 - 5 years' experience in Business Development, specially in Supply Chain Finance/ Trade Finance

Responsibilities

To source business through direct marketing by reaching out to the clients, contact associations, local industry bodies etc. and respond to business queries promptly. · To achieve Budgeted growth of Core Factoring business and LC discounting business · To follow up regularly with prospects & increase conversion rates. Inform clients of the basket of services offered by SBIGFL and properly structure them to suit client’s requirements within SBIGFL’s parameters. · To study the financials of the prospective client in details. · To liaise with surveyors to expedite the field survey process · To liaise with credit dept for sanction and provide them necessary documents / information sought for credit analysis and co-ordinate for review / renewal of existing accounts. · To ensure timely completion of legal documentation and follow up with client to initiate fresh utilization of sanctioned limits. · To ensure that the client is given proper understanding of our operational requirements, which involves issues such as proper documentation, submitting of document to SBIGFL within a reasonable amount of time, to ensure that the clients use the lines of credit extended and also to seek a periodical report of the approximate quantum of invoice value that can be expected. · To assist debt management team in recovery of stressed accounts. · To collect market information about client and to

monitor financial health / performance of the client at regular intervals. · To explore possibility to collect good returns for the facility sanctioned in terms of set up fees and interest income collected from client. · To interact/correspond with customers at regular intervals to know the service feedback. · Conduct plant visit and submit the report to credit thereof. · Visit the client’s Debtor to complete the execution of letter / documents. · Visit and liaison with State Bank Branches, consultants / professionals to get the Business leads for business. · Any other work as may be assigned from time to

Qualifications


MBA – Finance / Marketing from reputed Institutions,

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