IDFC Group - Associate Director - Micro Lending (6-8 yrs)
Position Code: 00001279
Job Title - Associate Director I
No of Positions - 1
Grade - Associate Director I
Reporting to - Head Product
Location - Mumbai
Minimum Experience: 6
Maximum Experience : 8
Desired Profile - Post Graduate Degree with exposure in Micro Lending Product development
Qualifications - Post Graduation
Skills:
- Graduate / Post Graduate
- Possess a minimum 6 years of total experience and 3 Yrs of relevant experience in Micro-lending
- Knowledge of MFI / BC models and direct borrower sourcing
- Ability to work with partner organisations to garner direct customer accounts
- Ability to define sales targets for loans and fee products, prepare business plans for partner orgns and implement programs to achieve plans
Key Accountabilities:
- Establishing and Managing Priority Sector (Microfinance business)
- Meeting targets of Priority Sector lending (Microfinance), managing existing relationship, sourcing new relationships for wholesale as well as retail lending
- Product development for micro lending business and business plan based on them
- Integration of partner organization systems with IDFC systems for smooth work flow on customer assets
- Timely credit appraisal of NBFC-MFI and facilitation of Term Loan / Securitization / Buyout facilities
- Regular visits to NBFC-MFI to understand and monitor their business dynamics and potential risk associated with them
- Exploration of new Business Correspondent tie ups and Management of BC tie ups
- Product development, Business Plan development, Human resource planning with budgeted targets, reconciliation of books at back office, managing relationship and compliance to credit bureau like Equifax / High Mark
- Submission of regulatory compliances to RBI and NABARD on timely basis
Industry Preference:
- Banking
- NBFC
- MFI
This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.