Area Manager | Location: Adilabad & Warangal, Telangana

Adilabad, Warangal
Posted 2 months ago

Company: A microfinance institution.

Job Description:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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:

  1. Experience: 9-15 Years
  2. Experience in managing a team of 30-40 members directly or indirectly
  3. Experience in Microfinance Group Loan.

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