Job Title: Business Development Manager – Financial Services

Date Posted: 22 October 2026
Annual Salary: ₹2,40,000 – ₹3,60,000 + Performance-Based Incentives

Job Overview

We are looking for a proactive and target-oriented ,expand our financial services network, build strategic channel partnerships, and drive business growth across multiple product categories. The ideal candidate will be responsible for partner acquisition, branch expansion, sales development, and relationship management within the assigned territory.

Roles & Responsibilities1. Channel Partner Acquisition & Relationship Management

- Identify and onboard new channel business associates (CBAs), financial advisors, brokers, agents, and referral partners.
- Guide partners on product offerings, customer acquisition procedures, documentation, and internal systems.
- Maintain regular communication with channel partners through meetings, field visits, and performance reviews.
- Improve partner engagement, business activity, and long-term retention.

2. Branch Expansion & Business Support

- Explore recent markets and identify suitable locations for business expansion.
- Develop relationships with prospective branch associates and local business partners.
- Coordinate branch launch activities, onboarding, and operational readiness with the relevant teams.
- Help existing branches improve sales performance, customer acquisition, and overall productivity.

3. Revenue Generation & Sales Planning

- Promote and develop business across equity products, insurance, loans, mutual funds, credit cards, and other financial offerings.
- Prepare monthly business plans with clear sales objectives for individual products, branches, and channel partners.
- Build a strong lead pipeline through referrals, networking, market research, and direct field engagement.
- Identify suitable cross-selling opportunities based on customer requirements and product eligibility.




- Collaborate with internal departments to facilitate customer onboarding, application processing, and successful conversions.

4. Market Development & Performance Tracking

- Identify new business opportunities in existing and untapped markets.
- Monitor sales figures, partner activity, lead conversion, and revenue performance.
- Prepare periodic business reports and maintain accurate records of partner and branch performance.
- Recommend initiatives to improve market penetration and achieve assigned business targets.

Eligibility Criteria

- Graduate in any stream; an MBA in Sales, Marketing, or Finance will be an advantage.
- At least 1 year of experience in financial services, sales, channel partnerships, or business development.
- Previous experience in acquiring or managing agents, brokers, financial advisors, or referral associates is preferred.
- Basic understanding of equity, insurance, lending, mutual funds, and credit card products.
- Strong interpersonal, negotiation, presentation, and relationship-building abilities.
- Knowledge of the local business market and willingness to travel within the assigned territory.
- Ability to manage multiple product lines, develop partnerships, and deliver against sales targets.

Key Performance Metrics

Performance will be evaluated based on:

- New channel partners acquired, activated, and retained.
- Branch expansion opportunities identified and successfully activated.
- Achievement of product-wise sales and revenue goals.
- Business performance and productivity of assigned branches and partners.
- Lead generation and business development in underserved markets.
- Customer conversion rates, partner engagement, and reporting accuracy.

Compensation

Fixed Annual CTC: ₹2.40 lakh – ₹3.60 lakh
Additional Benefits: Performance-linked incentives based on business results.

Candidates who enjoy building partnerships, expanding market presence, and achieving sales goals in the financial services sector are encouraged to apply.

Pay: ₹21,000.00 - ₹32,000.00 per month

Work Location: Remote

📌 Sales Coordinator (India)
🏢 Meskintech
📍 India