Head - Assets

We're hiring for the profile of Head-Assets for Mumbai location

Education/Experience: Any Postgraduate with Minimum 15 years of relevant exp in Retail Assets

Reporting to: ED /MD & CEO

Industry: Banking

Budget: 1CR Fixed + 20% Variable + ESOP

JOB SUMMARY:

Build customer understanding through market research, introducing / strengthening customer segmentation and monitoring market development for Mortgage / MSME / Wheels / Gold Loan / WSL / BBG / LAP / Personal Loan / Credit Card products. Strengthen Assets sales mechanisms and sales force management. Closely monitor and analyse the Mortgage / MSME / Wheels / Gold Loan / WSL / BBG / LAP / Personal Loan portfolios of partner banks. Strengthen Assets' collections segmentation, processes and procedures.

MUST: Ideally we would like a candidate it a 48 to 50 age bracket with exposure to handing secured assets like HL , LAP , WC and unsecured like PL , Credit Card, Small Business Loans etc.

KEY RESPONSIBILITIES:

- Business development of Assets' Finance. Ensure Team Productivity, product Mix as per branch category.

- Defining organizational strategy for Assets' business and execution of same. Review and reengineering of all the existing processes.

- Team building and manpower management.

- Working with support functions for optimum TAT and service delivery.

- Ensuring excellent portfolio quality. NPA to be within 2% for new product sourcing.

- Business compliance and reporting. Conducts Periodic Reviews with the reporting team and on a regular basis.

- Managing external & internal audits. Ensure audit grading of the branches.

- Support and where necessary lead pilot testing and revising Assets' products

- Working with a credit risk management expert, support the development of risk management methodologies, both for initial creditworthiness review and for monitoring of loans.

- Facilitating periodic training to Assets' team on Product & Policy Changes.

- Submit timely report to management / Board.