Assistant Vice President

16 hours ago

Chennai, India Volibits Full time

Title: Asst. Vice President – Business Development Location: Chennai

4 to 8 years experience of Marketing. Experience in NBFC loan marketing will be preferred.

Additional Skills

- Understanding of Credit Products including supply chain finance.

-Marketing & Strong Communication Skills

-Having worked as a team leader.

Key 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 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 may be assigned from time to time.

Qualifications

MBA – Finance / Marketing from reputed Institutions,

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