Business Development Officer (Up to 600,000 MMK)

  • Development
  • Yangon
  • 03/12/2024
  • Full Time
  • Featured
  • Urgent

Position - Business Development Officer (M/F - 1 Post)

Salary - Up to 600,000 MMK + Increment Training provided + Internal Promotion

Business - Microfinance

Working Days & Hours - Monday to Friday (8:30 AM ~ 5:30 PM)

Location - Mayangone Township

Job Description:

Market Research and Analysis

• Support market research to identify potential clients and market trends.

• Analyze competition and identify opportunities for differentiation and market penetration.

• Stay updated on regulatory changes and industry developments affecting microfinance.

Client Acquisition

• Identify and target potential clients in underserved communities or target markets.

• Support and make suggestion the strategies to acquire new clients, including individual borrowers and lending programs.

Relationship Building

• Establish and maintain strong relationships with other department, branches and also customer.

• Build trust and rapport with clients to foster loyalty and repeat business.

Product Promotion

• Organization marketing activities to promote microfinance products and services to potential clients.

• Educate about loan options, repayment terms, and other financial services.

Reporting and Analysis

• Prepare regular reports on business development activities, client acquisition, and portfolio growth.

• Analyze data to identify trends and areas for improvement.

Financial Targets

• Contribute to the overall financial performance and sustainability of the microfinance institution.

Job Requirement

• Bachelor's degree in business, finance, economics, or a related field (a master's degree is a plus).

• Prior experience in business development, sales, or microfinance is preferred.

• Strong knowledge of microfinance (or) financial industry.

• Excellent communication and interpersonal skills.

• Analytical and problem-solving abilities.

• Understanding of risk assessment and credit analysis.

• Familiarity with regulatory requirements in the microfinance (or) financial industry.

• Ability to work independently and as part of a team.

• Proficiency in relevant computer applications and software.