Product Head - Micro-Finance

Product Head - Will be responsible for Product Design, New market entry, Geo-Expansion - existing markets, Sales mix - Fresh & Repeat, Mid Term Renewal Product conversion, Cash Management, Region / Territory split, Portfolio transfer, Village approval, Incentive Schemes, Training, Manpower budgeting etc

- Heading Microloan Product development & Monitoring at country level

- Building new team across the country for direct sourcing of Micro loans

- Formulation of Strategy and Implementation through the team

- Development of Policies and Procedures and implementation through SOPs.

- Involved in selection of Vendors for LOS (Loan Originations system), LMS (Loan Management System), Analytics and CRM software for microloan.

- System development through consultants and vendors for timely implementation of digital initiatives

- Leading the tie-ups with leading retailers in the country for funding of related businesses through designing and development of Micro products, review and modification of the existing products, working closely with cross functional team for implementing new business initiatives, forecasting and budgeting of the loan portfolio and development of strategies for achieving the same.

- Review BRD,FSD & test scenarios, carrying out testing, branch training, post production support.

- Handle documents verifications of JLG loans & handling insurance operations (Enrolment & claim settlement) of group & individual loan clients. Also handle reconciliation of branch & central ops GLs.

- Work closely with business, PDG, IT & vendor of new products getting launched & enhancement in existing system used.

- Coordinating with risk & compliance to get SOPs approved.