New Business Development Manager

Job Role: New Business Development (NBD)

The New Business Development Executive is responsible for identifying, acquiring, and onboarding new clients to expand the companys business portfolio. The role focuses on lead generation, relationship building, revenue growth, and achieving sales targets.

Key Responsibilities

1 Lead Generation & Prospecting

• Identify potential clients through cold calling, references, data sourcing, and field visits.
  
• Generate new leads through networking and market research.
  
• Build a strong pipeline of prospective clients.
  

2 Client Acquisition

• Explain company products & services (Demat account, Trading account, Mutual Funds, etc.).
  
• Convince and convert leads into active clients.
  
• Assist clients in completing KYC and onboarding formalities.
  

3 Relationship Management

• Maintain regular follow-up with prospects.
  
• Build long-term relationships to ensure repeat business.
  
• Coordinate with internal teams for smooth client servicing.
  

4 Revenue Generation

• Achieve monthly/quarterly sales targets.
  
• Generate brokerage revenue and cross-sell financial products.
  
• Track performance and report daily activities to reporting manager.
  

5 Market Awareness

• Stay updated with market trends and competitor activities.
  
• Suggest strategies to improve client acquisition and retention.
  

Required Skills

• Good communication & convincing skills
  
• Basic knowledge of financial markets
  
• Target-oriented mindset
  
• Strong negotiation skills