Chief Business Officer Micro LAP

3 weeks ago


Bengaluru, India Virtuous Advisors & Resources Private Ltd (Virtuous Resources) Full time

Job Role & Responsibilities:


  • Business Leadership & Strategy: Lead the development and execution of the company’s business strategy, focusing on Micro LAP.
  • Branch Expansion: Spearhead the expansion of the company’s branch network, with a target of establishing 100+ branches. Lead the setup and scaling of business operations in new states, ensuring seamless entry into new markets.
  • P&L Responsibility: Take full ownership of the P&L for the SME and MSME lending vertical, ensuring sustainable growth and profitability while maintaining credit quality.
  • Team Building & Leadership: Build, mentor, and lead a high-performing sales and operations team across branches, ensuring alignment with business goals.
  • Product & Market Development: Develop strategies to grow the Micro LAP portfolio, explore opportunities for product diversification, and stay updated with market trends to drive innovation.
  • Compliance & Risk Management: Ensure all business activities comply with regulatory requirements. Work closely with the compliance and risk teams to implement robust risk management frameworks in Micro LAP products.
  • Client Relationship Management: Strengthen relationships with existing clients and partners while developing new business opportunities to drive customer acquisition.
  • Market Presence & Brand Building: Represent the company in key industry forums, enhance the brand’s presence in target markets, and lead marketing and customer engagement initiatives.


Key skills and Experience:


  • Education: MBA/PGDM
  • Experience: Minimum 15+ years of experience to Micro LAP.
  • Branch Expansion Expertise: Proven track record of opening and scaling 100+ branches and successfully setting up operations in a new state.
  • South India Expertise: In-depth knowledge and experience in the South Indian market is a must.
  • Must be from Bangalore
  • Leadership & P&L Management: Strong leadership experience with full ownership of business P&L, driving revenue growth and ensuring credit quality.
  • Team Leadership: Experience in building and leading large teams, with a focus on performance management and business growth.
  • Entrepreneurial Spirit: Ability to thrive in a fast-paced startup environment and take ownership of the company’s growth strategy.


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