Zonal Sales Manager - MFB - Ranchi - Bansal Plaza - MM

• Driving business growth through identification of new market segments for achievement of periodical targets with a view to optimize sales and revenue.


• Leading a sales team of Regional Sales  Managers and Cluster Managers to augment the Business Correspondent (BC) network of various financial institution & Direct sales channel.


• Managing the operations of loan products and accountable for achieving business goals and increasing sales growth


• Driving business growth through identification of new market segments for achievement of periodical targets with a view to optimize sales and revenue


• Build strategic partnerships with Universal Banks, NBFCs, NBFC-MFIs, Payment Banks, Small Finance Banks to provide an array of financial products and services for the channel partners.


• Business development & expansion on business correspondence alliance partners / Direct business.


• Managing collection team of given region & monitor the regular collection done by the team to achieve monthly collection target.


• Achieving Priority Sector Lending, Annual Portfolio targets, Fee income targets and ensuring portfolio quality.


• Monitoring fresh OD & NPA collections & settlements done by the team to achieve monthly collection target


• Innovate & develop retail asset products e.g. JLG Loans, Secured & Unsecured MSME Loans to suit the target customers and geographies.


• Sales strategies to improve market share and Identification of business potential areas / districts for expansion of region


• Enabling business growth by developing and managing a teams across assigned territories for deeper market penetration and reach.


• Assess potential client base and product acceptability in new regions, areas & opportunities for geographical expansion of operational areas and setting up new business correspondence alliance partners


• Ensure business growth and diversity of products in the region as per business plan


• Create a support function structure in line with the product requirement to facilitate the appraisal, documentation, disbursement, repayment and delinquency management


• Formulating Preventative / risk averse measure to maintain quality portfolio for your respective Zone.


• Responsible for work force planning, recruitment & training, suited to handle various asset products across geographies


• Ensuring staff skill development through meetings and continuous monitoring of various clusters on regular basis by identifying training needs as per the market trends and new business opportunities


• Maintaining resource optimisation & operational cost


• Responsible for handling all Compliance, Audit, Legal, Customer Service, Operations, Logistics, Admin, HR etc related issues in your region.


• Implementing best business practices and developing company strategies and programs while ensuring strict compliance and integrity.

Experience: 

• Min 12 yrs exp + Experience working in a NBFC, NBFC MFI, SFB or Bank


• At least 5 years as a Regional / Zonal Manager and in leadership role.


• Must be familiar about business correspondent model working with top lending institutions.


• Well versed with Microfinance & MSME lending compliance.

Key Skills

• Business Acumen Business sourcing & portfolio management,


• Well versed with  understanding of credit underwriting,


• Understand critical attributes of legal and governance requirements,


• Good acumen of technology and automation,

Strategy planning and product management

Qualification: Post Graduate/ Graduate in any discipline