Key Relationship Officer

Retail Key Relationship Officer Location UP14 Allahabad Job Context Major Challenges What are the specific aspects of the job that provide a challenge to the jobholder in the context of the Unit Zone ABHFL operates in the Rs 11 4 trillion Indian Housing Finance market which has grown at a steady rate of 17 CAGR over the last 3 years while reporting good asset quality despite challenges in the operating environment While the industry is dominated by five large groups there has been an emergence of newer entrants in niche segments like affordable housing and self-employed borrowers given the high potential in these segments Despite increased focus by banks HFCs have been able to maintain their share in the mortgage market and has remained stable at 37 as on December 2015 The ABHFL Sales organization works broadly with 3 customer segments - retail individual customers institutional customers for retail and institutional loan consumers and builders for both retail tie-ups and construction finance with a major share of the business coming from retail customers Client segments can also be divided into Salaried and Self employed with both of these having very different preferences and needs Job Context Key Aspects Providing housing finance to buyers Loan against Property Commercial Property Purchase Lease Rental Discounting and Construction Finance to builders solutions ABHFL caters to a diverse range of customer segments through its various service offerings Additionally being predominantly retail driven the business is characterized by high volume of loan transactions and customer relationships As a result ABHFL business performance is strongly impacted by people process and organizational efficiencies alongside core business drivers such as product solution quality channel and customer relationship management and risk management While unit of sizing up the business is its loan book size profitability and minimized delinquency are also key business objectives Higher cost of funding impacts profitability as well as competitiveness of loan rates that can be offered to clients For retail customers identifying and acting on relevant needs in an efficient manner ensuring process statutory and regulatory compliance at all times are key for building business performance and sustainability For institutional builder customers understanding and addressing business needs via proactive relationship management and customized solution fitment while ensuring compliance at all times are important to gain competitive advantage The Sr Sales Officer Direct - ABHFL is responsible for achieving sales targets through the direct channels as agreed with the Sales Manager Direct and AH Sales in terms of targeted book size growth customer service objectives Key Challenges To execute sales operations to achieve assigned targets ensuring adequate sourcing funnel and considering local factors such as competitor presence existing relationships new prospect opportunities etc To liaise with ground-level client stakeholders for relationship origination and maintenance focusing energies on key clients prospects and escalating cases as 3 Job Context Major Challenges What are the specific aspects of the job that provide a challenge to the jobholder in the context of the Unit Zone required To upgrade financial operational know how on market local trends effective negotiation and relationship building and efficient loan processing for strengthening customer relationships while ensuring portfolio health and profitability To check credit quality via effective portfolio selection pre screening and work with Risk team members to minimize potential NPAs while driving efficient sales operations To ensure compliant sales operations at all times despite sales pressures and market cycles Enabling Skill Sets Qualifications Critical skill sets required to meet these challenges include commercial acumen communication product-market awareness and execution skills Education experience required to fulfil this profile are a graduate with 0 - 2 yrs 3 - 4 yrs for Sr Sales Officer of sales experience in the Banking NBFC space 4 Principal Accountabilities Accountability Supporting Actions Sales Planning Operations Work with Sales Manager Direct - ABHFL and plan sales operations for achieving targets including cross-sell considering competitive forces and local trends Scan the local market and competitive offerings on a periodic basis to adapt sales efforts accordingly Provide data for and compile periodic MIS reports for disbursements NPAs target achievement etc Customer Acquisition Engagement Work on assigned and identified prospects list for client relationship origination and maintenance activities interacting with ground-level client stakeholders Understand and communicate understanding of product characteristics and benefits to end customers effectively in order to enhance effectiveness of sales efforts Attend to customer complaints effectively escalating critical cases to Sales Manager Direct - ABHFL as required Operational Effectiveness Execute operations efficiently across the Customer Lifecycle Sourcing Approval Servicing Collections Ensure adequate focus on different distribution channels working with Manager for interfacing with senior stakeholders complex cases Implement prescribed processes and best practices to enhance operational effectiveness productivity and sales performance Self Development Internal Stakeholder Attend relevant technical and behavioral trainings seminars and work on self development initiatives Coordinate with internal stakeholders for smooth operations and alignment towards achievement of targets Management Portfolio Risk Management Work with the Risk Operations and Sales Governance team members to ensure adherence to risk management and control mechanisms Ensure compliant sales operations and sound risk management in day-to-day operations Compile and ensure systematic accurate MIS on NPAs and credit trends providing inputs on factors impacting portfolio quality Minimum Experience Level 0 - 4 years Job Qualifications