Business Head

2 days ago


bangalore, India KreditBee Full time
Position Overview: We are seeking an experienced and dynamic Head of Business to lead our Two-Wheeler Loans division. This role involves developing strategies to building from scratch the two-wheeler loan portfolio, building sales distribution, managing dealer network, ensuring compliance, and driving profitability. The candidate will have to build a team, work closely with other departments, and maintain relationships with key stakeholders.
The candidate needs to possess a deep understanding of the financial services industry, with a specific focus on consumer lending, particularly in the two-wheeler loan sector.
Key Responsibilities:
Strategic Planning & Execution:
- Establish the new line of business in the two-wheeler loan segment from scratch
- Develop and implement business strategies to grow and drive the two-wheeler loan line of business profitability
- Develop and implement strategies to ramp up a team to support the business plan
- Identify and explore new business opportunities and markets.
Operational Management:
- Oversee the end-to-end loan process, from origination to disbursement and collections.
- Ensure efficient and customer-friendly loan processing.
- Monitor and manage the performance of the two-wheeler loan portfolio.
- Implement robust risk management and compliance frameworks to minimize defaults and ensure regulatory adherence.
Relationship Management:
- Identify and establish strategic partnerships with dealers, partners and other stakeholders to establish the two-wheeler loan portfolio.
- Address and resolve customer grievances in a timely manner.
Collaboration and Coordination:
- Work closely with other departments such as Credit, Risk, Legal, and IT to ensure smooth operations.
- Coordinate with the marketing team to develop promotional campaigns and strategies.
Product Management:
- Responsible for the design, development, and enhancement of two-wheeler loan products.
- Ensure competitive pricing and attractive features to enhance product appeal.
Team Leadership:
- Build, lead and mentor a high-performing team
- Foster a collaborative and results-driven culture.
Reporting and Analysis:
- Prepare and present regular reports on portfolio performance, market trends, and business strategies to senior management.
- Use data analytics to drive insights and inform decision-making.
Qualifications:
- Bachelor's degree in Business, Finance, or a related field; MBA or equivalent advanced degree preferred.
- Minimum of 10 years of experience in the financial services industry specially two wheeler loan segment, with at least (6-8) years heading a large regional market or as national head.
- Proven track record of successfully managing and growing a loan portfolio.
- Strong understanding of the two-wheeler market, consumer behaviour, and financial products.
- Excellent analytical, strategic thinking, and problem-solving skills.
- Exceptional leadership, communication, and interpersonal abilities.
- Demonstrated ability to build and maintain strong dealer relationships.
- Ability to thrive in a fast-paced, dynamic environment.
Disclaimer:
This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described and may be amended at anytime at the sole discretion of the Employer.
Please be aware that Krazybee or Kreditbee, as potential employers, are obligated to get the personal information of any applicants who express interest in applying for a position. By submitting an application for the aforementioned position, I, the applicant, grant Kreditbee or Krazybee permission to gather any personal data that may be needed in order to assess my application for the aforementioned employment.
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