Regional Manager - Telangana

Regional Manager - Telangana

Vreedhi Financial Services Private Limited
Hyderabad / Secunderabad
4 - 10 Years
Not Specified

Job Description

Vreedhi Financial Services is a principled, value based organization, puts strong weightage related to ethics, integrity, dignity and well-being of staff and customers. It is expected that the incumbent will contribute to building the company culture around these core business principles and values which will also quality and high impact work with fiscal discipline.
1. Business Development: Proactively look for business opportunities and increase Vreedhi ‘s loan portfolio with high quality as per the agreed business plans and effective management of operations.
1. Ensure Standards of Core Operational Processes: oversee core operational processes followed by Territory teams as per the standard operating procedures of Vreedhi by regular interaction with Territory team, regular field visits and conducting reviews
2. Operational Efficiency: Continuous focus on operational systems & process, improving process and ensure the service delivery as per TAT and achievement of business results
3. Portfolio Quality: Ensure adequacy of internal controls from time to time, continually assess credit risk, initiate appropriate risk management measures, maintain healthy loan portfolio, initiate appropriate strategies to recover delinquent loans if any
4. Loan Recovery: Ensure Loan EMI collections as per the loan repayment schedule and ensure immediate action by field team on EMI bounces, EMI over dues and ensure 100% loan repayment
5. Operations Management: 
a. Ensure punctuality and staff discipline
b. Ensure compliance of all the administrative and operational procedures and take necessary action as per the delegated authority
c. Required to visit the Territories and Clusters for 15-18 days in a month and review core operational processes, take required action on process deviations/violation and provide field team required support in achieving the business results
d. Undertake random visit to the customers and verify higher denomination loans recommended by the AMs
e. Monitoring: Conduct Territory level monthly meetings and discuss the following agenda and minutes have to be recorded in the prescribed format.
f. Monthly Business Targets and Achievements
g. Expenditure Budgets
h. Individual Performance of the Territory Team
i. Portfolio Management – Delinquent loans
j. Competition Analysis
k. Risk Management
l. Insurance related issues
m. Reporting
n. Evaluate Territory Managers performance on monthly basis
6. Risk Management: 
a. Collect the key information on local potential risks detrimental to the operations.
b. Effectively manage financial, operational, political risks in the area and ensure proper internal control mechanisms are in place for fraud prevention
c. Collect necessary information about Government, Police Officers and schemes
d. Attend each and every issue under operations area and be alert to take precautions to reduce the problems.
7. Training: Training and guiding the Customer Service team on promoting the loan products and implementing operational plans towards market penetration and achieving benchmarks.
8. Customer Service: Monitor the effectiveness of customer service, initiate suitable steps to ensure high quality and quick customer service; Provide Financial Literacy and need based business development advisory support to customers.
9. Institutional representation: Given the nature of the job responsibility, the incumbent shall have interface with the stakeholders at state level as a representative of the VFS. There S/he will be required to be maintaining good relationships with customers and other stakeholders.
The VFS has a vision of creating a unique brand for Micro Enterprise Business Loans nationally & internationally. Towards these, the incumbent will need to disseminate the accomplishment of the company initiatives in Micro Enterprise Business Loans segment during his interface with stakeholders and local government officials/public servants.
10. S/he is required to offer services and coordinate with other functional verticals such as, Finance and Accounts, Credit, Internal Audit and Risk Management, HR and Administration and also contribute to the strategic visioning of the organization

VFS is a Fin-Tech entity started with the objective of providing customized financial products and services to micro enterprises. VFS will focus on micro enterprises that have low annual turnover; may not offer collateral; and have limited credit history.

Similar Jobs

People Also Considered

Career Advice to Find Better