Business Development Executive Banking

Business Development Executive – Banking | Job Description

Job Title: Business Development Executive – Banking
Department: Sales / Business Development
Employment Type: Full-Time
Location: As per company requirement

Job Summary

We are looking for a dynamic and target-oriented Business Development Executive – Banking to acquire new customers, generate leads, promote banking and financial products, and achieve assigned business targets. The candidate will be responsible for developing customer relationships and expanding the bank’s business within the assigned territory.

Key Responsibilities
Generate new leads through field visits, cold calling, references, networking, and other business-development activities.
Acquire new customers for banking and financial products.
Promote products such as Savings Accounts, Current Accounts, Fixed Deposits, Loans, Credit Cards, Insurance, and other financial products, as applicable.
Understand customer financial needs and recommend appropriate products.
Explain product features, benefits, eligibility criteria, charges, terms, and documentation requirements.
Conduct customer meetings and presentations.
Follow up with prospective customers and convert leads into business.
Build and maintain strong relationships with new and existing customers.
Achieve monthly, quarterly, and annual sales and customer-acquisition targets.
Cross-sell and upsell relevant products to existing customers.
Coordinate with branch, credit, operations, and other internal teams for smooth processing.
Assist customers with account opening, loan applications, documentation, and related processes.
Collect and verify customer documents as per company policies and applicable KYC requirements.
Maintain accurate records of leads, meetings, applications, conversions, and follow-ups.
Monitor market trends, competitor activities, and customer requirements.
Handle customer queries and coordinate with relevant departments for resolution.
Ensure compliance with KYC, internal policies, regulatory requirements, and ethical sales practices.
Prepare daily, weekly, and monthly sales and business-development reports.