
Chit Fund Expert Manager South India
2 weeks ago
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, ₹1,043,049.14 per year
Work Location: In person
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