Business Development Associate null

Your role

About liability sales

The Liability Sales department focuses on the liability acquisition, assets and retail forex business for the bank. The department drives business from branches across India and is responsible for sourcing retail and corporate deposits, salary and non-salary accounts, trust accounts and forex Business with a view to increasing the retail book of the bank.

About the role

BDA is a part of the Bank's front-line sales force whose primary responsibility is to get new customers for the bank and explore new business opportunities. BDA is responsible for selling banking and investment products and services to customers based on their needs. They are also responsible for handling customer queries to ensure customer satisfaction.

Key responsibilities

• Identify sales opportunities for both the Bank and third-party products by acquiring new customers and building new relationships.
• Manage business relations with existing customers to increase the depth of existing relationships.
• Achieve sales targets as assigned by the organization monthly as per Grade Matrix (BDE, Officer and AM Sales)
• Record and track all engagement activities through the CRM system.
• Comply with KYC/SEBI rules, regulations, and legislation governing the financial services industry

About you

Qualifications

Optimal qualification for success on the job depends on the Grade offered to:

• AM - Sales - Graduate with more than 2 years of experience.
• Officer Sales - Graduate with more than 1 year of experience.
• BDE - Graduate with less than 1 year of experience

Role proficiencies

For successful execution of the job, the candidate should possess the following:

• Good communication (both verbal and written) skills in both English and the local language.
• Excellent lead generation and conversion skills
• Ability to handle pressure and meet deadlines.
• Ability to work successfully as a part of a team.
• High sales orientation to meet the sales targets consistently.
• Ensure the resource should have the recommended Model Device and Android Version- Model 1-OPPO, VIVO, MI, 1+, Samsung and Realme. Android Version- 10/11/12/13

Compensation and benefits

Axis Bank offers a salary of around INR 230,000 to INR 300,000 per annum as well as benefits that help employees achieve their professional and personal goals including:

• Insurance: With Axis Bank, you and your family’s future is always secured through the Group Mediclaim policy (GMP) and Group Term Life Insurance Policy (GTLI).
• Loan Benefit: Axis Bank provides home loans and vehicle loans at interest rates that are lower than the prevailing market interest rates to all full-time employees.
• Leave: The leave policy at Axis Bank accommodates a wide variety of options that ensure an employee can take time off whenever they need to.
• Company Car Policy: Employees in certain grades are entitled to avail of company-owned cars.
• Mobile Expense Reimbursement: Employees are eligible to get a reimbursement for phone expenses incurred while carrying out their official duties.
• Meal Card: Employees can opt for a prepaid meal card that can be used in multiple stores.
• Employee Health & Well-Being Initiatives: Webinars, in-house counselling and mid-day break from work

Training & development

They offer diverse roles in traditional and modern banking sectors, promising growth through focusing on dynamic learning and development initiatives. Employee reviews highlight positive aspects such as extensive learning on the job and supportive team environments, though concerns about work-life balance are mentioned in some positions.

Career progression

Based on employee reviews, career progression at Axis Bank appears promising, with positive feedback emphasizing opportunities for growth, career change and supportive environments across various departments. Although there is career security, there were some concerns about slow growth in certain operational roles. Overall, Axis Bank provides a conducive environment for personal and professional growth.

Sources

The following sources were used in researching this page:

• axisbank.com/careers/life-at-axis-bank
• axisbank.com/careers
• ambitionbox.com
• ambitionbox.com/salaries/axis-bank-salaries/business-development-associate