HR at Haachi Business Solutions
Views:1229 Applications:160 Rec. Actions:Recruiter Actions:9
NBFC Head - BFSI (12-20 yrs)
One of our BFSI client is looking for an NBFC Head
NBFC Head is responsible for all activities including the management, operation and development of the NBFC. He/She will directly report to the NBFC's board and is in complete charge of the administration of NBFC Pre Formation
Advisory and preparatory work :
- He/She will act as the principal advisor to the board on issues concerning NBFC management and is responsible for providing well founded and documented advice on NBFC formation strategy and dealing with consultants.
This responsibility includes :
a) Provide advice on market segments identified by consultants hired by the board
b) Provide advice on queries sent by RBI/NHB
c) Provide advice on and prepare risk and review policies, compliance reports to RBI/NHB, information reports to consultants and other necessary planning aspects of the NBFC
Communication and Reporting :
a) Respond to Ad-hoc enquiries from RBI/NHB with request for information
b) Respond to information queries raised by the consulting firm
c) Prepare and publish external quarterly and annual reports on investment management activities as and when required by RBI/NHB
Post Formation :
Planning and management :
He/She will have the professional and administrative responsibility to develop and maintain appropriate organization and grow it to become one of leading NBFC in India
a) Develop an appropriate management structure within NBFC
b) Assist Board to develop mission and vision of the NBFC
c) Prepare 5 yr plan detailing portfolio of NBFC, expected cash flows and market trend
d) Prepare and implement the strategic and annual plans
e) Ensure NBFC operates in a cost effective manner and propose an annual budget and cost framework for activities
f) Provide financial reporting and accounting for the preparation of quarterly and annual accounts
Operational duties :
a) To achieve targeted profitability and fee income
b) To achieve periodic sales targets of assigned portfolios
c) To undertake new client acquisition, retention and growth plan for larger customers and location base
d) To identify potential clients (Corporates, Institutions, HNIs, MFs through referral networks)
e) To build strong DSA network
f) To stay abreast of the client requirements and monitor close relationship
g) To ensure effective and proper client servicing, resolving queries and complaints
h) To ensure policy adherence and documentation
i) To be aware of all critical policies, procedures and ensure compliances
j) To formulate periodic MIS
k) To formulate risk and review policy to zero down NPAs.
They are looking for an individual who has an exceptionally strong local network, an ability to interpret market trends in context to Indian lending market, understanding of financial products for banks & NBFCs, excellent communication and negotiation skills and knows RBI/NHB compliances for formation.
This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.