Chit Fund Expert Manager South India

2 weeks ago

Kollam, Kerala, India Datamatix Full time ₹ 2,05,000 - ₹ 10,43,049 per year

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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