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Deputy General Manager

2 weeks ago

Mumbai, Maharashtra, India MARGADARSI CHIT FUND PRIVATE LIMITED Full time ₹ 15,00,000 - ₹ 20,00,000 per year

Company Overview

Margadarsi Chit Fund Pvt Ltd., part of the trusted Ramoji Rao Group, is a 62-year-old well-established company within the Financial Services industry. Renowned for its customer-centric approach, it offers diversified financial solutions across Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, with a network of 118 branches. The company, headquartered in Hyderabad, employs a workforce of 1,001-5,000 individuals. For more information, visit

Job Overview

Margadarsi Chit Fund Pvt Ltd. is seeking a Deputy General Manager - State Head for a senior-level position. The role is based in Mumbai and Bhubaneswar and requires a full-time commitment. The ideal candidate will demonstrate extensive experience and expertise in strategic planning, leadership, and local language proficiency to drive business growth and ensure customer satisfaction in the designated region.

Qualifications and Skills

  • Strategic planning expertise to define and implement growth strategies and initiatives for organizational success. (Mandatory skill)
  • Proven leadership capabilities to inspire, manage, and motivate high-performing teams effectively. (Mandatory skill)
  • Proficiency in the local language to effectively communicate and engage with diverse customer segments. (Mandatory skill)
  • Advanced financial analysis skills to evaluate performance metrics and drive data-driven decision-making processes.
  • Proficiency in project management essentials to orchestrate cross-functional team efforts for timely delivery and efficiency.
  • Competence in performance management techniques to monitor progress and ensure alignment with strategic objectives.
  • Background as a banking professional in PSU to utilize industry knowledge for enhancing financial services offerings.
  • Spoken & Written proficiency in Marathi & Oriya is mandatory

Roles and Responsibilities

  • Liaise with local agencies and obtain necessary approvals for operations launch
  • Identify suitable premises & personnel for increasing branch foot print in the state
  • Develop and execute strategic plans to expand the company's market presence and profitability in the designated state.
  • Lead and inspire a team of professionals to achieve branch-level operational and financial targets consistently.
  • Foster strong relationships with customers, stakeholders, and regulatory authorities to ensure smooth operations.
  • Oversee financial performance by analyzing business metrics and implementing corrective actions as needed.
  • Coordinate with cross-functional teams to deliver seamless service and optimize processes for customer satisfaction.
  • Ensure compliance with regulatory requirements and corporate policies, fostering a culture of accountability.
  • Identify and capitalize on new business opportunities to ensure sustained growth and competitive advantage.
  • Monitor market trends and competition to proactively adapt business strategies and maintain leadership position.