Business Development Executive

undefined ago • 3 Years + • Business Development

Job Summary

Job Description

Invoyz Financial Solutions is seeking a Business Development Executive with 3+ years of experience in working with distributors and stockists, ideally within the FMCG sector. The role focuses on selling Business Loan, Supply Chain Finance, and Working Capital products to medium-big distributors and large enterprises. Key responsibilities include lead generation, client needs assessment, customizing financial solutions, presenting proposals, negotiating terms, and maintaining strong client relationships to meet sales targets. A strong understanding of supply chain finance principles and proven sales and negotiation skills are essential.
Must have:
  • 3+ years experience working with distributors and stockists
  • Experience in Business Loan / Supply Chain Finance / Working capital products sales
  • Prospect and generate leads
  • Conduct thorough needs assessments
  • Customize financial solutions
  • Prepare and present loan proposals
  • Negotiate loan terms and conditions
  • Build and maintain strong client relationships
  • Meet or exceed sales targets and KPIs
  • Customer Contract Management
  • Proven experience in sales within financial services sector
  • Strong understanding of supply chain finance principles
  • Excellent communication and presentation skills
  • Ability to work independently and collaboratively
  • Proven ability to negotiate and close sales deals effectively
Good to have:
  • Strong connection within FMCG distributors
  • Background in financial services sales particularly in supply chain funding, Business loan, working capital
  • Bachelor’s degree in finance, business administration, or a related field

Job Details

Designation - Business Development Executive

Company - Invoyz Financial Solutions Pvt. Ltd.

Tenure - Full-time Regular Employment Position.

Location - Bengaluru

Job Description

Experience: 3+ years in working with distributors and stockists.

We are seeking a motivated and results-driven person for Business Loan / Supply Chain Finance / Working capital products, targeting medium-big distributors and big enterprises, but NOT to micro-enterprises. The ideal candidate will have a strong connection within FMCG distributors. It is good to have background in financial services sales particularly in supply chain funding, Business loan, working capital with a proven track record of meeting and exceeding sales targets in the business lending sector.

Job Content:

  • Present and promote our business loan and SCF products and services to distributors and corporates, highlighting their features, benefits, and competitive advantages.
  • Prospect and generate leads through various channels, including cold calling, networking events, and referrals.
  • Conduct thorough needs assessments with potential clients to understand their financing requirements and business goals.
  • Customize financial solutions to meet the specific needs of clients, including term loans, lines of credit, equipment financing, and other business lending products, showcasing their benefits and ROI.
  • Collaborate closely with internal and 3rd party lending partners to develop customized finance solutions that meet client’s specific requirements.
  • Prepare and present loan proposals, outlining terms, conditions, and repayment schedules in a clear and compelling manner.
  • Negotiate loan terms and conditions with clients to achieve mutually acceptable agreements while adhering to company policies.
  • Build and maintain strong relationships with clients to foster repeat business and referrals.
  • Keep informed about industry trends, competitive activities, and market developments to identify opportunities for growth.
  • Meet or exceed sales targets and KPIs set by the company
  • Customer Contract Management – right from engagement stage to Relationship Management for renewal of contract.

Requirements:

  • Bachelor’s degree in finance, business administration, or a related field (preferred).
  • Proven experience in sales within the financial services sector, with a focus on supply chain finance, invoice financing, or related products.
  • Strong understanding of supply chain finance principles and how they impact businesses' financial health.
  • Excellent communication and presentation skills, with the ability to articulate complex financial concepts clearly and persuasively.
  • Ability to work independently and collaboratively within a team environment.
  • Proven ability to negotiate and close sales deals effectively.

Company Profile:

‘Invoyz Financial Solutions Pvt. Ltd.’ is a Bengaluru based financial services technology start-up with a focus on Supply Chain Financing products, for distributors and anchor companies.

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