High Salary Rm-d2c-ratlam-t1

Job Context Major Challenges Write the specific aspects of the job that provide a challenge internal and external to the jobholder in the context of the Business Unit Function Department Section Max 3975 Characters Organizational Context Key Aspects As the debt arm of Aditya Birla Capital ABC Aditya Birla Finance Limited ABFL offers specialized lending and financing solutions in the areas of Capital Markets Corporate Trade Finance Commercial Real Estate and Mortgages Currently ranked within the top 25 NBFCs of India ABFL has made significant progress and the Company s balance sheet at INR 15 000 Cr plus exceeds that of several mid-sized Banks and NBFCs The company has a well-defined vision of being one of the most reputed and material financiers within the lending space spread across Retail HNI and corporate clientele It has made significant investments in process and system infrastructure towards preparing for the next level of growth and are one of the only financial entities certified for ISO 9001 2008 across all business processes Spread across 18 cities it plans on further diversifying its risk and revenue mix through expansion into new geographies and new product segments allowing customers a one-window shop for all their financing needs Having focused traditionally on secured lending verticals and built a strong balance sheet on the same ABFL has ventured into Secured Micro Loan Business segment in order to effectively capitalize on its financial base with carefully managed exposures in this higher yield and profit segment Job Context Key Aspects The Secured Micro Loan Business segment product line caters to funding short term and medium term working capital needs of Small Businesses and individuals via a suite of customized short and long tenured products with collateral Offerings comprise Secured Micro Loan to self-employed individuals non-individual entities with end use of funds Working capital requirement business expansion etc to be ascertained during the loan appraisal process 3 Job Context Major Challenges Write the specific aspects of the job that provide a challenge internal and external to the jobholder in the context of the Business Unit Function Department Section Max 3975 Characters The business is highly retail in nature characterized by high transaction volumes smaller ticket sizes and significantly higher spread and profit margins up to four times that of Secured Lending products Given the Secured Micro Loan nature of loans disbursed the business also entails stringent controls and monitoring to ensure portfolio health and quality at all times While unit of sizing up the business is its loan book size profitability and minimized delinquency are key business objectives Higher cost of funding impacts profitability as well as competitiveness of loan rates that can be offered to customers Understanding of product market characteristics such as connector relationship management region specific occupations trade local financial preferences and practices are important to gain competitive advantage while structuring loans and identifying leads The RO RM ABFL is responsible for achieving sales targets as agreed with the Area Head Sales ABFL in terms of targeted book size profitability growth customer service objectives Key Challenges To deliver on operational plan in the assigned coverage area in a differentiated manner considering local actors channel dynamics and consumer preferences that can withstand competitive pressures on the ground To grow the business while remaining cognizant of competitive realities in the following areas Market linked product Market average IRR processing fee levels To originate and increase market share in assigned coverage area against stiff competition overcoming competitive pressures borne out of better established networks price undercutting etc To establish a strong local network and leverage the same to generate business leads and also identify opportunities for cross sell with existing customers To constantly upgrade financial operational know how of self and team members on efficient loan processing effective negotiation and relationship building for maintaining credibility and profitable target achievement To keep abreast with the latest market trends and local market preferences and needs To ensure loan conversion sanction utilization percentages are high and a broad enough sourcing funnel is built to meet targets To ensure credit quality and effective portfolio selection pre-screening thereby minimizing potential NPAs To ensure compliant sales operations despite sales pressures and market cycles Enabling Skill Sets Qualifications Critical skill sets required to meet these challenges include business and commercial acumen team management and communication execution skills product-market understanding and execution skills Education experience required to fulfil this profile are a graduate with minimum 2 - 4 yrs of total sales experience in the Banking NBFC space of which at least recent 1 Year experience should be in Micro affordable loan sales 4 Key Result Areas Write the key results expected from the job and the supporting actions for each of these key result areas For a majority of jobs typically there could be 4- 7 key result areas - Maximum 10 KRAs can be updated Key Result Areas Max 1325 Characters Supporting Actions Max 1325 Characters Sales Planning Operations Work with Area Head 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 Area Head 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 Management 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 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 5 Job Purpose of Direct Reports Describe the job purpose of the direct report s to the job in 2-3 lines for each report NA 6 Relationships Describe the nature and purpose of most important contacts or relationship except superior team members with individuals departments organizations inside and outside of the organization that job is required to interact with in order to deliver the job objectives Relationship Type Max 80 Characters Frequency Nature Max 1325 Characters Internal Area Head Weekly Daily Business MIS review on new market development progress on objectives client escalations 6 Relationships Describe the nature and purpose of most important contacts or relationship except superior team members with individuals departments organizations inside and outside of the organization that job is required to interact with in order to deliver the job objectives Credit Officer Other Support functions Daily Need Based Process Driven Login sanction approvals Back-end systems support External Existing and Prospective customers Daily Need Based CRM understanding the need of new products positioning changes 7 Organizational Relationships Provide the structure for a level above and below the position for which this job description is written Use position titles in the structured and indicate all the reports of the position Territory Head Branch Manager Relationship Officer Relationship Manager SIGN-OFF Provide the name of the Manager and the jobholder Signature needed for the hard copy of the JD Hard copy to be maintained in the organizational record Job Holder Reports to Manager Name Signature Needed for the hard copy Minimum Experience Level 0 - 4 years Job Qualifications