AngelOne - DVP/VP - Personal Loans

About Angel One:

Angel One Limited is a Fintech company providing broking services, margin trading facility, research services, depository services, investment education and distributes third party financial products to its clients, on a mission to become the No. 1 fintech organization in India. With over 2 crore+ registered clients, we are onboarding an average of over 800k new clients every month in the current financial year.

We are working to build personalized financial journeys for our clients via a single app, powered by new-age tech, AI, Machine Learning and Data Science.

We have a flat structure, with ample opportunity to showcase your talent and a growth path for you to the very top. We are aggressively hiring for various non-tech and tech roles across India.

Join our team and experience the best of both worlds at Angel One! Check out our careers section!

Why You'll Love Working at Angel One!

- Ranked Top 25 Companies to Work in India: We're proud to be recognized as one of the best workplaces, certified for 8 consecutive years.

- Innovative Culture: Ideate, innovate, and create cutting-edge fintech solutions with AI and Machine Learning.

- Be part of something huge: Be at the Forefront of Fintech Innovation

- Bold Approach: We're not just growing a customer base; we're unlocking potential, aiming to touch a billion lives. It's about more: more drive, more initiative, and a bolder way of working.

Job Title: DVP/VP Personal Loans

Location: Mumbai / Bengaluru

What you will do:

You shall be responsible for the Personal Loan products/portfolio, lending practices, credit/loan policies, guidelines, and procedures to address consumer needs, business objectives, and strategic plans.

You shall be responsible to ensure optimal end to end lending customer journey and operations, drive process improvements, and monitored loan quality exposures and concentration risks.

Key responsibilities:

- Strategic Leadership: Collaborate with the senior leadership to develop and execute the strategic vision for the Personal Loans division, ensuring alignment with overall company objectives.

- Partnerships:

- Develop and optimize distribution channels for personal loan products, including digital platforms, partnerships, and traditional channels, to maximize market reach.

- Liaising with lenders like Banks, NBFCs and lenders etc. and managing the business relationship.

- Identifying and creating new business lending opportunities and partnerships. Responsible for the new initiatives, strategic alliances & partnerships pertaining to personal loan vertical.

- Product Development:

- Drive the development and enhancement of personal loan products, ensuring they meet customer needs, comply with regulations, and remain competitive in the market.

- Market Analysis:

- Conduct thorough market research to identify emerging trends, customer preferences, and competitive dynamics. Use insights to inform product and business strategy.

- Financial Performance:

- Oversee the financial performance of the Personal Loans division, setting and achieving key performance indicators, managing budgets, and implementing strategies for sustainable growth.

- Owning sales targets overall and within accounts. Developing and implementing strategic plan to achieve the same.

- Consistently achieve revenue targets in line with team/organizational objectives

- Risk Management:

- Implement effective risk management strategies to mitigate credit and operational risks associated with personal loan activities. Monitor and ensure compliance with regulatory requirements.

- Customer Experience:

- Prioritize and enhance the customer experience, incorporating feedback and leveraging technology to streamline processes and improve overall satisfaction.

- Developing a pipeline of value-added customer solutions to include customer experience, products, and service offerings.

- Build and maintain strong customer relationships and be a partner to customers to understand their needs and objectives.

- To understand customer requirement in the geography assigned and future product portfolio improvement based on past customer feedback.

- Regulatory Compliance:

Stay abreast of lending regulations and ensure that personal loan products and practices comply with relevant laws and standards.

- Collaboration: Collaborate with cross-functional teams, including sales, product, operations, risk management, finance, marketing, and technology, to ensure seamless integration of personal loans initiatives.

- Team Management: Lead and manage a high-performing team, fostering a culture of innovation, collaboration, and excellence. Provide mentorship and guidance to team members.

Who you are:

- 10+ years of extensive knowledge of the lending business, loan documents and terminology

- The candidate should have an engineering background from a tier 1 / premier college. MBA from a tier-1 B School will be preferable.

- The candidate must have experience in conceptualizing and implementing lending product

- A good understanding of risk, credit policies and procedures.

- Strong lending background in Fintech, MFI or NBFCs only with a knack for working with concrete data

- Passion towards building a large consumer fintech business

- Strong industry knowledge and understanding of key drivers/ trends and how business works for different geographies

- Proven sales experience of meeting or exceeding targets and interact with all levels of client organization, including executive and C-level.

- In-depth knowledge about lending business, fintech industry.

What's in it for You?

- Empowered Growth: We invest in your growth and empower you to explore your full potential.

- Exceptional Benefits: Our comprehensive benefits package includes health insurance, wellness programs, learning & development opportunities, and more.

For a deeper dive into our company culture and vision, explore our Company Deck.

At Angel One, our thriving culture is rooted in Diversity, Equity, and Inclusion (DEI).

As an Equal opportunity employer, we wholeheartedly welcome people from all backgrounds irrespective of caste, religion, gender, marital status, sexuality, disability, class or age to be part of our team.

We believe that everyone's unique experiences and viewpoints make us stronger together.

Come and be a part of #OneSpace-, where your individuality is celebrated and embraced.