Cars24.com - Assistant Manager - Credit - Commercial Vehicle Domain

About us :

- A rickety Ambassador or a shining new Porsche, a JK or a TN registration plate, an accidental car or one which wouldn't start, none of it matters because we buy any car at the best price. We have a simple solution to the most complex problem that a car owner faces - selling his/ her car and our solution is deeply rooted in technology which is why it works.

- Execution is our game and we are killing it! At present, we trade a couple thousand cars every month, making us by far the most significant and largest player in the used car industry. Guess what- We are the fastest growing young business out of India in the last one and a half year - all of it while still being in stealth mode! With 54 branches across 11 major cities in India, we are scaling up rapidly and are on the road to profitability. If you want to work with a business that has the potential to be one of the largest tech companies to emerge out of India, talk to us. We are looking for talented individuals who are excited about working long term, in building a valuable business. We want folks who value building things from the ground up.

About the team :

Our captains are Vikram Chopra (Wharton, IIT Bombay, Sequoia Capital, and McKinsey) and Mehul Agrawal (BCG, IIM Calcutta, Forbes 2016 Asia 30-under-30, and Forbes 2015 India 30-under-30). Both of them had earlier founded FabFurnish.com. The rest of our team are driven, passionate individuals who possess excellent credentials, and have come together at CARS24.com to do the most phenomenal work of their lives.

As folks at CARS24.com say,

- No one wants to tell their grandchildren that they missed out on this one.

At this point, the CARS24 team, led by Ruchit Agarwal (CA, CFA, MBA from Cornell, and Merrill Lynch) is looking to hire smart individuals to be part of our rapidly growing - financing vertical.

FAQs (to get you started)

How are you different from OLX, CarDekho and others

We are nothing like classifieds. The fact that classifieds don't work is the reason why we exist. Think about your experience or your friend- s/ relative's experience of selling a car. Was it painful- If the answer is yes, CARS24.com is here to change that. We are a C2B business that buys cars directly from customers and offers the best price through a live online auction. So far we have auctioned 1.5 lakh cars. With 85% of the used car market still being unorganized and we being the only organized. Player, we are definitely going for a big kill!

Do you have a US/ China equivalent :

Honestly, we don't know! We understand the problem of used cars in India and we have a solution that works. It is proving itself day in and day out and we are seeing crazy success. If innovation excites you without caring about precedents, talk to us.

How about funding -

The truth is that unlike most startups, we are already making enough money to cover our costs easily. So we don- t think we will need hundreds of millions, as we have a very viable business model that is scaling fast. However, some of the strongest VCs are our investors, because we are out there to win and we have a formidable strategy in every aspect.

Revolutionize the used car industry. Apply Now!

Job Responsibilities :

- Managing overall credit and risk management for commercial Vehicles across city.

- Responsible for acquiring minimum finance or re-finance cases per month

- Involved in credit, collection & operations, ensuring top line and bottom line profitability of the region

- Formulating budgets, designing credit policies, advertising plans, and promotional schemes with a view to garner new accounts & meet revenue targets

- Performing overall retail lending operations including identification of potential customers, loan appraisal, loan sanction, documentation formalities and loan disbursal

- Formulating innovative sales and marketing strategies to generate favorable disposition in customers minds, analyzing market intelligence to align business strategy accordingly.

- Managing business through sales team & channel - DMA; enhancing retail penetration & profits of the region through fund based and non-fund based business

- Managing audit & compliance, reconciliation of accounts & cost control in accordance with operational policy & guidelines

- Accountable for Business development, channel development / management - DSAs, credit appraisal, recovery and overall branch management