Chief Business Officer NBFC

1 month 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 Loan Against Property (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 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, particularly in 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/PGDMExperience:

Minimum 15+ years of experience to Loan Against Property (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 BangaloreLeadership & 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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