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1 year ago NBFC Chennai   117 views
Job Details

Job Description


Roles and Responsibilities

  • Conceptualize and Design Secured/ Semi Secured loan products for MSMEs (especially focused on micro and small enterprises) in urban, semi urban and rural areas
  • Conduct market research to identify customer segments, product attributes, market trends, conduct competition analysis
  • Develop product specific processes in coordination with sales/ operations team
  • Maintain product specific documentation- clear product definitions, customer eligibility, customer sourcing strategy, appraisal process and parameters, process and techniques for valuation of property (All India)
  • Specify requirements for IT system customizations for products in LOS, LMS & Collections
  • Drive Process compliance around products with all departments at HO.
  • Drive the process Operationally before handing over to respective department
  • Manage product level P&L, drive sales and portfolio quality, develop staff incentive schemes to achieve targets
  • Coordinate with training team to develop training material, conduct staff training's, pilot test and roll out product in coordination with operations team
  • Prepare product specific MIS on demand
  • End to end responsibility for Design, Documentation, training & implementation of Secured / Semi Secured product across the country through various sales channels

Desired Candidate Profile

  • 3 years minimum experience in developing and managing loan products pertaining to the MSME sector, preferably in banks or any large MFI
  • Good knowledge of market developments, product specific processes, regulatory environment, Bottom of pyramid market, and field level operations of banks, MFIs.
  • Experience of LAP (Loan against property) is must.
  • Documentation skills for drafting policies, processes (SOPs) is must.

Perks and Benefits

Company Description
Muthoot Fincorp Ltd
Muthoot Fincorp Ltd., the flagship Company of the Group, with strong fundamentals, is a proactive Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. Muthoot Fincorp is a mass provider of finance in the form of gold and other loans with over 3600 branches pan India and an average of 40,000 customers a day.
At Muthoot Fincorp Ltd., the products are specifically planned & designed to serve customers who are unable to access mainstream commercial banks. This unique structure is a result of decades of research and experience in the company's rural strongholds. This also allows the company to provide quick and customized finance options and investment products
We believe in three parameters when it comes to financial services delivery, i.e. PEOPLE, PROCESS & TECHNOLOGY. Heavy investments have been made in these three parameters, and we expect these would propel our progress as a global retail financial conglomerate.
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