Chit Fund Expert Manager South India

3 weeks ago


Kollam, Kerala, India Datamatix Full time

Job Summary We are looking for an experienced Chit Fund Expert to spearhead the establishment and growth of a professional chit fund company modeled on leading players like Gokulam Chit Funds and similar The ideal candidate will have in-depth knowledge of chit fund operations regulatory compliance financial products and customer acquisition strategies to build a strong and trustworthy brand across South Indian markets Key Responsibilities Business Setup Expansion Develop strategies to launch chit fund branches in target cities across South India Regulatory Compliance Ensure full adherence to state-specific chit fund regulations and legal frameworks Product Design Pricing Create attractive chit schemes suitable for various income segments Customer Acquisition Retention Build and implement marketing plans to acquire customers and ensure long-term relationships Team Building Recruit train and manage a team for operations collections and customer support Financial Management Oversee fund collection auction processes and payout cycles for transparency and profitability Risk Management Implement systems to reduce defaults and enhance customer trust Brand Development Position the company as a trustworthy and customer-centric chit fund provider Required Skills Qualifications Proven experience 5 years in chit fund operations NBFC or financial services with leadership roles Thorough knowledge of Chit Funds Act 1982 and relevant state rules Strong network in South Indian financial markets and local communities Excellent skills in marketing customer relationship and compliance Ability to manage branch operations sales teams and financial planning Proficiency in regional languages Tamil Malayalam Hindi is a plus Preferred Background Previous experience in companies like Gokulam Chits or similar institutions MBA Finance or related qualification is desirable Salary Benefits Competitive salary with performance-based incentives Opportunity to lead a rapidly growing financial services brand Job Types Full-time Permanent Pay 205 087 82 - 1 043 049 14 per year Work Location In person


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