Head - NBFC

Designation: Head NBFC

Experience: Minimum 10-15 yrs

Critical skill set that this profile requires are a strong national network, an ability to interpret market trends wrt to Indian lending market, understanding of financial products for banks & NBFCs, excellent communication and negotiation skills and knows RBI/NHB compliances for formation

Job description:

1. Principal Duties: The head of NBFC has delegated the responsibility for all activities including the management, operation and development of the NBFC. CEO directly reports to the NBFC- 's board and is in complete charge of the administration of NBFC

2. Advisory and preparatory work: The CEO will act as the principal advisor to the board on issues concerning NBFC management and is responsible for providing well founded and documented advice on NBFC formation strategy and dealing with consultants. This responsibility includes

3.Provide advice on market segments identified by consultants hired by the board

4. Planning and management: The CEO has the professional and administrative responsibility to develop and maintain appropriate organization and grow it to become one of leading NBFC in India

- Provide financial reporting and accounting for the preparation of quarterly and annual accounts

5. Human resources and organizational development: This includes

a) Recruit NBFC personnel/officials

b) Motivate and develop employees

c) Define and document primary responsibilities for employees

d) Establish HR policy

6. Operational duties:

a) To achieve targeted profitability and fee income

b) To achieve periodic sales targets of assigned portfolios

c) To undertake new client acquisition, retention and growth plan for larger customers and location base

d) To identify potential clients (Corporates, Institutions, HNIs, MFs through referral networks)

e) To build strong DSA network

f) To stay abreast of the client requirements and monitor close relationship

g) To ensure effective and proper client servicing, resolving queries and complaints