Economic Strategist for Business Growth

1 day ago


Thiruvananthapuram, Kerala, India Muthoot Fincorp Ltd. Full time
About the Role

Muthoot Fincorp Ltd. is seeking a skilled Chief Economist to drive economic research and strategic initiatives that align with our growth objectives.

Job Summary

The successful candidate will lead economic analysis, monitor income progression trends, and provide actionable insights to inform business expansion and digital transformation efforts.

Responsibilities
  • Economic Environment Tracking
    • Monitor economic and industry trends impacting MFL's business model, focusing on shifts within low- and middle-income households, the NBFC sector, and product markets.
    • Track developments in digital finance and fintech, evaluating growth opportunities for MFL's digital business channels.
    • Provide timely insights on regulatory changes affecting MFL and MPG's sister companies.
  • Income Progression and Opportunity Analysis
    • Analyze economic and demographic data to understand income progression within low-income households and their transition to middle-income status.
    • Identify new product and service opportunities by monitoring income progression trends and anticipating adjacent business opportunities.
    • Explore adjacent markets and services, recommending new growth avenues for MFL and MPG.
  • Research and Analysis for Future Financial Services
    • Conduct economic research forecasting trends in financial services, emphasizing digital finance, automation, and financial inclusion.
    • Develop econometric models and scenario analyses to assess risks, project market demand, and identify growth opportunities across MFL's traditional and digital offerings.
    • Conduct data-driven analyses on economic factors influencing product uptake, risk profiles, and customer behavior.
  • Strategic Reporting and Insights
    • Prepare economic reports and strategic insights for senior management, the Risk Management Committee, and the Board of Directors.
    • Provide actionable recommendations to guide MFL's business expansion, product innovation, and digital transformation, informed by income-based market segmentation.
    • Deliver insights to help MFL adapt to changing economic conditions and support the growth objectives of both traditional and digital business channels.
Requirements
  • Education
    • Postgraduate degree in Economics, Finance, or a related field.
  • Experience
    • 15 years of proven experience in economic analysis within the financial services industry.
  • Skills
    • Expertise in forecasting, econometric modeling, and scenario analysis, particularly in digital finance, low- to middle-income markets, and adjacent business opportunities.
About Muthoot Fincorp Ltd.

Muthoot Fincorp Ltd. is a leading financial institution providing a range of financial services, including lending, housing finance, and automotive finance.

Salary

The estimated salary for this role is ₹40,00,000 - ₹60,00,000 per annum, depending on qualifications and experience.



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