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The Business Development Analyst is a trainee professional role. Requires a good knowledge of the range of processes, procedures and systems to be used in carrying out assigned tasks and a basic understanding of the underlying concepts and principles upon which the job is based. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Makes evaluative judgements based on the analysis of factual information. They are expected to resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents. Must be able to exchange information in a concise and logical way as well as be sensitive to audience diversity. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own job.
Job Responsibility:
Responsible for attracting, maintaining, retaining and growing the relationships managed with clients in the portfolio
Offering a high value service advising on segment products
Serves a consolidated client portfolio
Generate leads through client references, commercial activities, market mapping exercises like carpet bombing, micromarketing activities, joint events in partnership with associations
Use all available intermediary channels to generate leads, focus on open market sourcing, to engage with potential new customers
Understand customer needs, explore and educate customer on value add in terms of their commercial needs
Address how Citibank products and services can meet their business requirements
Influence the customer to initiate the relationship which helps in supporting the immediate needs
Identifying opportunities of Working Capital, Term Loan & Non fund based products
Ensure that branch staff own and manage customer queries and complaints by taking ownership and resolving in a timely manner
Act as the escalation point for their unresolved queries and complaints
Ensure that Know Your Client and Anti-Money Laundering and other compliance norms are strictly adhered to
Complete all mandatory certifications within 90 days of joining the bank and continuously keep self updated on changes in products, processes and compliance/regulatory norms
Provide complete and comprehensive information on products, services, charges etc. proactively to the customer and ensure best services are provided to them
Fulfilling the clients' necessities while providing an exceptional client experience
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets
Requirements:
Bachelor's degree
Experience in sales of financial products
Awareness about markets/current trends, general awareness about current affairs
Awareness about banking regulations/product regulations around insurance/investments etc.
Understanding of basics of finance, basics of banking
Understanding of markets - key drivers, current trends etc.
Strong sales and relationship skills
Comfortable with self-sourcing of asset clients
Knowledge of financial statements
Experience in Sales - Trade Fx & Asset exposure would help
Ability to Sell - strong selling/product pitching abilities
Relationship management skills/potential to manage
High achievement orientation
Consistently demonstrates clear and concise written and verbal communication skills
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