Business Development Manager

We are seeking an experienced and result-oriented Regional Manager – Gold Loan to lead, monitor, and drive business growth across assigned territories. The role involves managing teams, ensuring compliance, strengthening bank relationships, and delivering consistent performance in line with organizational goals.

Key Responsibilities:

1. Team Management & HR Functions

• Recommend, hire, and monitor manpower requirements.

• Ensure smooth completion of joining and exit formalities.

• Manage self and team attendance, leave records, and discipline.

• Evaluate performance of assigned employees.

• Issue 1st & 2nd PIP (Performance Improvement Plan) to non-performers.

2. Business & Operations

• Allocate and monitor team targets to achieve desired business outcomes.

• Conduct surprise field visits to check policy adherence and compliance.

• Hire and manage field agents to strengthen sales activities.

• Prepare and validate payout sheets.

3. Reporting & Tracking

• Submit daily business reports for assigned territories to supervisors.

• Maintain logs of team business reports to identify and manage performance gaps.

• Track LMS entries and ensure timely updates.

• Monitor BT (Balance Transfer) requests, recommend approvals, and reconcile with accounts.

• Maintain BT tracker and ensure proper analysis and reporting.

4. Business Development & Profitability

• Liaise with bank sales teams to drive business partnerships.

• Ensure P&L (Profit & Loss) management of assigned region.

• Analyze business trends, identify gaps, and recommend corrective measures.

Requirements:

• Graduate/Postgraduate (MBA preferred).

• 5+ years of experience in Gold Loan Sales/Finance Industry with at least 2 years in a managerial role.

• Strong leadership, monitoring, and team-handling skills.

• Knowledge of P&L management, LMS tracking, and reconciliation processes.

• Excellent communication and interpersonal skills.

• Ability to work under pressure and achieve targets.

• It is a Full Time Sales / Business Development job for candidates with 2 - 5 years of experience.

More about this Business Development Manager job

1. What is the eligibility criteria to apply for this Business Development Manager job?
   Ans: The candidate should be Post Graduate and above and above with 2 - 5 years of experience of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹50000 - ₹60000 per month that depends on your interview. It's a Full Time job in Bangalore.
3. How many working days are there for this Business Development Manager job?
   Ans: This Business Development Manager job will have 6 working days.
4. Are there any charges applicable while applying or joining this Business Development Manager job?
   Ans: No, there is no fee applicable for applying this Business Development Manager job and during the employment with the company, i.e., LONSI.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Business Development Manager role?
   Ans: There is an immediate opening of 10 Business Development Manager at LONSI
7. Who can apply for this job?
   Ans: Both Male and Female candidates can apply for this Sales / Business Development job.
8. What are the timings of this Business Development Manager job?
   Ans: This Business Development Manager job has 09:00 AM - 06:00 PM timing.