Muthoot Fincorp Ltd. is seeking a motivated Business Development Executive to join their branch team. This role focuses on expanding branch business through proactive field marketing, lead generation, and converting leads into customers. The ideal candidate will work closely with the Branch Manager and contribute to achieving monthly sales targets by promoting gold loan products as well as third-party offerings. The position requires a dynamic individual who can engage customers effectively, support interest collection activities, and participate in branch catchment development initiatives.
Key Responsibilities:
- Increase branch business through daily lead generation and field marketing activities.
- Conduct sales calls and convert leads into new customer accounts (NCA).
- Generate new customer business for gold loans and third-party products.
- Achieve and exceed monthly sales targets consistently.
- Cross-sell and up-sell group and third-party products to existing gold loan customers.
- Adhere strictly to lending norms and maintain integrity in all customer transactions.
- Support the branch in interest collection efforts.
- Organize and participate in branch catchment development activities to generate and convert customer leads.
Required Qualifications:
- Minimum educational qualification of a Graduate degree. Postgraduate candidates are also eligible.
- Basic computer knowledge is mandatory, especially proficiency in MS Office applications; MS Excel skills are preferable.
- At least 1 year of field sales experience is required.
- Strong communication skills in both the local language and English.
Preferred Skills and Attributes:
- Sales-oriented mindset with excellent communication and interpersonal skills.
- Outgoing, confident, and able to build rapport with customers easily.
- Problem-solving abilities with a result-driven and proactive approach.
- Creative, innovative, and able to persevere through challenges.
- Flexible, pleasant, smart, and maintains high integrity.
- Effective team player with empathy and adaptability to complex work environments.
- Ability to multitask and work efficiently under pressure.
Compensation and Benefits:
- Compensation will be aligned with market standards and internal company norms.
- Entitlements and assets will be provided as per company policy.
- Career progression opportunities are currently not defined for this role.
This position reports directly to the Branch Manager and involves managing a team of up to four reportees. The role demands a candidate who can effectively communicate at various organizational levels and embody the company’s values. The Business Development Executive will interact with internal stakeholders including Muthoot Fincorp Ltd. staff, group company personnel, and customers.
Candidates should be prepared to work in a fast-paced, multi-tasking environment while maintaining professionalism and integrity. This is a probationary role classified under grade B2 within the branch department.
Muthoot Fincorp Ltd. encourages applications from individuals who are passionate about sales, customer engagement, and business growth, and who seek to contribute meaningfully to the company’s success.