Piaggio - Assistant Manager/Deputy Manager - Retail Finance Team

Job Description :

Position: Assistant Manager / Deputy Manager Retail Finance

Location: Patna

Family: Sales & Marketing

Job Role Summary:

You will strategize and plan various activities to achieve the defined target of the Retail finance and implement several schemes structured for PVPL products thereby ensuring more acquisition of business for PVPL. You will collaborate and steer activities through Banks and Non-Banking Financial Institutions for maximum funding and volumes with optimum terms and conditions for customers to buy the Vehicles more accessibly.

Key deliverables will be:

- Scouting and establishing relationships with Banks / Non-Banking Financial Institutions for retail financing

- Finalizing and implementing MOUs / Financial Arrangements through several interactions with various levels of management

- Resolving queries that may arise while contracting and setting terms with the financial institutions and engaging key internal stakeholders to evaluate on set parameters to work towards final signoff

- Sharing best practices and the financial arrangements with the team to leverage on team synergy and positively impact business

- Conducting presentations to Banks/ Financiers on existing and new products on regular basis to establish more credibility and build avenues to engage them as partners

- Formulating innovative schemes like loan melas in consultation with Banks / NBFCS for facilitating sales at Dealers points

- Resolving conflicts and ensuring that the interest of all the stakeholders are met.

- Assisting Financiers in RC/ Portfolio related issues and also the dealers for scheme / operational issues.

- Evaluating and building association with Banks / Non-Banking Financial Institutions to develop more options for retail financing

- Drafting and confirmation of MOUs and Financial Arrangements across India

- Ensuring minimum Turn-around-Time for disbursement of files with Banks / Financiers. Timely remittance of disbursement amount to dealers.

- Supporting dealers in arranging Inventory/Channel funding. Ensuring complete submission of documents by dealers and timely disbursement by Bank / Financiers.

- Training to new dealers inducted, on Retail Finance process and introduction to Bank / Financiers

Essential Qualification:

- Any Graduate preferably with an MBA

Years of experience: 8 years