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Job Id: 565
Job Title: Area Manager - Vadodara
Industry: Banking, Financial Servcies & Insurance
Functional Area: Sales / Business Development / Client Servicing
Salary: 4 Lac - 9 Lac
Job Location: Vadodara
About the Client

The company is India's Leading Non Banking Finance Company (NBFC) operating in Wholesale & SME Lending.

As part of the business activities,the company is predominantly focused into Asset Financing and Lending business. The Wholesale Lending Business segment provides specialized and holistic solutions to Indian corporates helping them build and grow their businesses with initial funding, mezzanine financing, acquisition financing etc. They focus on products in the structured credit space backed by adequate collaterals and cash flows to build a secured and quality wholesale lending portfolio.

Job Description

Designation: Area Manager
Position reporting to : Branch Business Head
Team handling : No
Function : Sales & Collections
Product : Secured SME lending / Loan Against Property
Location : Vadodara

Purpose of Job
*Drive Sales of Secured SME Loans and Loan against Property for area handled within the branch territory keep control on portfolio of his/her territory.
*Handle recovery in case of default on ground .

Responsibility (in details)
1. Channel Management
*Achieve the sales budgets set for the location.
*Build and manage direct and indirect sourcing channels.
*Manage profitability – Productivity, Yield and acquisition cost within the budgeted levels.
*Achieve the budgeted cross sell targets

2. Collections
*Be the owner of Collections for the accounts for the territory handled.
*Handle on-ground collection process.
*Manage delinquency related parameters and ensuring are within triggers for territory handled

3. Performance Management
*Monitor competitor sales strategy and suggest plans to senior management for improvement.
*Monitor – Volumes, Productivity, COA, Yield, Cross Sell penetration, Channel Mix.
*Sanction Rate and Disbursal Rate.

4. Governance and Compliance
*Implement processes as per policy& educate.
*Ensure and check that policies and standards are being implemented at the ground level.
*Ensure that the recommended process of appointment, management and review of the Channel partner is being followed .

Desired Candidate Profile

Knowledge & Skills Required :

*Should be well versed with Secured Lending products.

*Have worked with SMEs and in depth knowledge of different kind of Machinery.

*Should have knowledge about local market.

*Knowledge of Manufacturing industries /Machineries would be preferred.

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