Adilabad, Warangal
Posted 2 months ago
Company: A microfinance institution.
Job Description:
- Strategic Leadership:
- Develop and implement strategic plans to achieve the MFI’s mission and objectives.
- Lead and motivate staff to deliver high-quality services and meet performance targets.
- Monitor market trends and identify opportunities for growth and innovation in microfinance products and services.
- Client Acquisition and Retention:
- Develop and implement outreach strategies to attract new clients from target communities.
- Ensure excellent customer service and responsiveness to client needs.
- Implement strategies to retain existing clients and encourage repeat business.
- Loan Portfolio Management:
- Oversee the assessment of loan applications, credit analysis, and loan approval process.
- Monitor the performance of the loan portfolio, including repayment rates and delinquency management.
- Develop strategies to mitigate credit risk and improve portfolio quality.
- Staff Management and Development:
- Recruit, train, and mentor staff to ensure high performance and professionalism.
- Conduct regular performance evaluations and provide feedback and coaching as needed.
- Foster a positive and inclusive work environment that encourages collaboration and teamwork.
- Financial Management:
- Manage the MFI’s financial resources effectively, including budgeting, forecasting, and expense control.
- Ensure accurate and timely financial reporting to stakeholders, including funders and regulatory authorities.
- Implement internal controls to safeguard assets and ensure compliance with financial regulations.
- Compliance and Risk Management:
- Ensure compliance with regulatory requirements and industry standards governing microfinance operations.
- Develop and implement policies and procedures to mitigate operational and financial risks.
- Conduct regular audits and reviews to assess compliance and identify areas for improvement.
Requirements:
- Experience: 9-15 Years
- Experience in managing a team of 30-40 members directly or indirectly
- Experience in Microfinance Group Loan.