06 Aug
|
KM Career Infinity
|
Nariman Point
06 Aug
KM Career Infinity
Nariman Point
Job Summary The Business Development Manager (BDM) will be responsible for driving overall branch-level business growth by managing both the Student business & Forex Business verticals. The role involves developing strategic partnerships with educational consultants, corporates, and retail clients to maximize forex transaction volumes and profitability. The BDM will oversee pre-sales,
sales, and post-sales activities while ensuring an excellent customer experience across both business segments.
Key Responsibilities
Student Forex Business
- Expand and onboard educational consultants as partners with FRR Forex to facilitate student remittances for tuition fees and living expenses.
- Conduct webinars with partner consultants to educate students and parents about the remittance process, forex rates, and mandatory documentation, enhancing brand credibility.
- Assist and guide students through the entire remittance process, ensuring all documentation and compliance requirements are met.
- Maintain and follow up on the student database for periodic remittance requirements
(typically twice per academic year).
- Cross-sell allied products such as education loans, visa facilitation, and insurance to maximize revenue.
Retail Forex Business
- Develop and maintain solid relationships with corporates (large, medium, and small enterprises) to expand the retail forex business, including outward remittance, currency exchange, and prepaid forex cards.
- Build a strong referral network for both retail and student segments to generate consistent business leads.
- Identify and engage new retail clients through market visits, cold calls, and networking to enhance branch-level revenue.
- Monitor market trends and competitor activities to develop effective sales strategies and promotional plans.
- Ensure compliance with RBI guidelines and company policies in all forex-related transactions.
Key Performance Indicators (KPIs)
- Achievement of annual business targets across both segments:
- Revenue (Margin) Target
- Transaction Volume Target
- Number of Students / Corporate Clients Onboarded
2. Increase in partner base:
- Educational Consultants (UG & PG)
- Corporate Clients
3. Number of Webinars / Corporate Engagements conducted
- Conversion Ratio: Leads vs. Actual Transactions
- Growth in Referral Base for Retail & Student Business
Qualities & Attributes
- Strong communication, negotiation, and presentation skills.
- Proven ability to build and manage relationships with consultants, corporates, and retail clients.
- Proficiency in market research, lead generation, and sales funnel management.
- Entrepreneurial mindset with ability to work independently and drive branch growth.
- Target-driven with strong analytical and problem-solving skills.
Location : Nariman point
10 Experience
Pay: ₹1,000,000.00 - ₹1,200,000.00 per year
Work Location: In person
📌 Business Development Manager – Student business & Forex Business (Nariman Point)
🏢 KM Career Infinity
📍 Nariman Point