Location Manager - Secured Micro Loan Business, Deesa

Overview

The Secured Micro Loan Business segment provides financial solutions to fulfill short- and medium-term working capital requirements for small enterprises and individual entrepreneurs through a variety of tailored loan products secured by collateral. These offerings include loans to self-employed persons and non-individual entities, with lending decisions based on the intended use of funds such as working capital enhancement or business expansion.

Key Responsibilities

• Manage and expand the secured micro loan portfolio, focusing on achieving sales targets related to loan book size, profitability, growth, and superior customer service as defined by the Area Head (Sales).
• Maintain strict controls and consistent monitoring to preserve the quality and health of the loan portfolio given the secured micro loan nature.
• Understand and leverage regional market characteristics including connector relationship management, trade-specific knowledge, and local financial customs to strengthen competitive positioning.
• Oversee the business operations characterized by high transaction volume and smaller loan sizes but delivering significantly greater profit margins compared to other secured lending products.
• Take into account the effects of funding costs on profitability and competitive loan pricing.

Additional Information

Profitability optimization alongside minimized delinquency is crucial, while recognizing that higher costs of funds can affect both profitability and the interest rates offered to clients.