Business Development Executive at Coequal Services
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COEQUAL Services - Manager - Business Development (2-5 yrs)
1. Market research and analysis :
- Develop and implement strategies to get attention for fund investors
- Conduct market research to identify potential opportunities for business expansion
- Analyse market trends, competitor activities, and customer preferences to develop strategies for business growth
2. Client Acquisition :
- Identify and target prospective clients, including individuals, businesses, and institutions.
- Build and maintain strong relationships with clients to understand their needs and provide tailored solutions
3. Product Promotion :
- Educate clients about the features and benefits of the bank's offerings and how they can address their financial needs
- Promote the bank's products and services to prospective clients through various channels, including presentations, meetings, and networking events
4. Revenue Generation :
- Meet or exceed revenue targets by effectively selling the products and services.
- Negotiate terms and conditions with clients to ensure profitable deals for the bank while meeting client requirements
5. Cross selling and up selling :
- Track and analyse sales and revenue data to identify trends and opportunities for growth
- Represent the company at industry events, conferences, and networking opportunities
- Identify opportunities to cross-sell and upsell additional products and services to existing clients
- Collaborate with other departments, such as wealth management and investment banking, to offer comprehensive solutions to clients
6. Relationship Management :
- Cultivate strong relationships with key stakeholders, including clients, internal teams, and external partners
- Act as a trusted advisor to clients, providing them with personalized financial advice and solutions.
7. Compliance And Risk Management :
- Ensure compliance with regulatory requirements and internal policies and procedures
- Assess and mitigate risks associated with new business opportunities and client relationships