Business Development Officer

Kotak Mahindra Bank Limited; Ludhiana; On-site; INR 450,000 - 750,000; Full time

Job summary

Kotak Mahindra Bank Limited is seeking a Senior Business Development Officer to drive growth in the Ludhiana market.

The role focuses on managing unsecured business loans (40-75L PM) for self-employed clients, expanding the Kotak brand presence, and coordinating with DSA/branch teams for new customers. You will cross-sell accounts, life and general insurance while building trusted relationships with CFOs and promoters.

Qualifications

• Graduate/MBA with 3–4 years in local market, preferably in credit & sales.
• Strong communication and negotiation skills.
• Ability to explain asset products and loan terms.

Responsibilities

• Manage a portfolio of 40-75L PM unsecured business loans.
• Build relationships with key decision makers (CFOs/promoters) in target segments.
• Cross-sell products like Current Account, Savings Account, Life Insurance and General Insurance.
• Coordinate with DSAs, telecalling teams and branch banking teams for new customer addition.

Skills

Sales skills

Local market knowledge

Client relationship management

Cross-selling

Education

Graduate / MBA

Job description

Senior Business Development Officer-WC-SALARIED PL AND WORKING CAPITAL-Sales Job Role

This is an Independent role and candidate will manage a business of 40-75L PM (Unsecured Business Loans) Needs to have a good knowledge of Local market with a special focus on the Self-employed category. Must have experience in that Geography To understand clients business & provide appropriate products like Business loans, OD facilty Has to work closely with DSA's/do Tele calling/Branch Banking teams for new customer addition. To cross sell various products like Current Account/Savings account/Life Insurance and General Insurance To build relationships with key persons (CFOs/ promoters) in the target segments & build client trust & confidence. To be alert on competitive elements in the target segments (viz. other banks etc.) & Augment the presence and penetration of the Kotak brand in the target market Improve efficiency by monitoring accounts sourced, do top ups on existing loans when possible

Job Requirements

Graduate / MBA Experience: 3-4 years in the local market, preferably some background in Credit & Sales Knowledge is required - ability to get the customer to buy into the asset proposition- loan amount, rate & fees. Should have good oral and written Communication skills. Job Knowledge- The candidate would need to handle Sales for a gamut of products like TL, OD, Experience Level Senior Level