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.