- July 13, 2024
- By vinita indriya
- 569
- Blog, Jobs
SBI Hiring Business Development Manager| New Opportunity
- SBI Business Development Manager Job Description
- Position Title: Business Development Manager
- Location: Various places in the course of India
- Company: State Bank of India (SBI)
- Department: Business Development
- Salary: INR 3-8/- LPA
- Experience: 0-3 years of Experience
About SBI:
State Bank of India (SBI) is actually considered one of the largest and most reputed banking establishments in India. With rich records spanning over centuries, SBI has been a cornerstone of the Indian banking region, imparting a great type of monetary offerings to tens of millions of customers.
Known for its strong customer consciousness and progressive banking solutions, SBI ambitions to preserve its control position in the market through strategic boom and enlargement initiatives.
Role Overview: Business Development Manager
The Business Development Manager (BDM) at SBI could be accountable for riding the financial institution’s growth via identifying new business enterprise possibilities, constructing and preserving sturdy client relationships, and developing strategic partnerships.
The BDM will play a vital feature in growing SBI’s marketplace presence and improving the financial institution’s product and provider offerings. This function requires a dynamic character with a strong historical past in sales, advertising, and commercial enterprise approaches.
Key Responsibilities:
1. Market Research and Analysis:
- Conduct thorough market studies to pick out capacity business corporation opportunities and marketplace developments.
- Analyze competitive landscape and consumer wants to boom strategic agency plans.
- Monitor industry inclinations and regulatory changes to make certain compliance and capitalize on new possibilities.
2. Business Development Strategy:
- Develop and put into effect effective organization improvement strategies to acquire the financial institution’s growth goals.
- Identify goal markets and segments, and formulate plans to penetrate the ones markets.
- Collaborate with move-purposeful corporations to align business organization improvement sports with the financial institution’s typical dreams.
3. Client Relationship Management:
- Build and maintain strong relationships with current and capable clients.
- Identify patron desires and provide tailor-made banking solutions to meet one’s desires.
- Conduct regular client conferences and shows to show off the financial institution’s services and products.
4. Sales and Revenue Generation:
- Drive income sports to attain and exceed industrial business enterprise dreams.
- Develop and execute earnings plans and campaigns to generate new commercial enterprise leads.
- Manage the income pipeline, track improvement, and record profits and typical overall performance.
5. Partnership Development:
- Identify and set up strategic partnerships with businesses, companies, and different stakeholders.
- Negotiate partnership agreements and manage ongoing relationships with companions.
- Leverage partnerships to beautify the financial group’s product offerings and market reach.
Qualifications and Skills:
- Education: Bachelor’s diploma in Business Administration, Marketing, Finance, or an associated field. An MBA or an equally advanced diploma is favored.
- Experience: Minimum of 0-3 years of revel in industrial agency improvement, income, or advertising in the banking or economic services enterprise.
- Skills: Strong analytical and strategic questioning competencies.
Excellent conversation and interpersonal abilties.
Proven music report of attaining earnings dreams and riding industrial employer increase.
Ability to construct and hold strong purchaser relationships.
Proficiency in marketplace studies and records evaluation.
Leadership and team control talents.
Knowledge of banking merchandise, services, and regulatory surroundings.
Key Attributes: Business Development Manager
- Proactive and Result-Oriented: Demonstrates a proactive technique to figuring out possibilities and accomplishing outcomes.
- Customer-focused: Strong determination to understand and meet customer wishes.
- Innovative: Ability to assume creatively and boom modern solutions.
- Team Player: Works well in a set surroundings and collaborates correctly with colleagues and companions.
Benefits: Business Development Manager
SBI gives a competitive profits and blessings bundle, which includes clinical medical insurance, retirement plans, overall performance-based total incentives, and opportunities for professional development and professional advancement.
How To Apply for Business Development Manager?
Interested applicants are invited to submit their resume and a cover letter detailing their qualifications and enjoy applicable to the function. Applications may be submitted via the SBI careers portal or e-mail to the HR branch.
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