Business Development Head Job in Sicom
Business Development Head
Sicom
4+ weeks ago
- Mumbai, Maharashtra
- Not Disclosed
- Full-time
- Permanent
Job Summary
Minimum Experience 15 years Functional Area Banks / NBFs/ Financial institutions Educational Qualification MBA/PGDM with specialization in Finance or CA Roles and responsibilities
Qualification : MBA/PGDM
- Experience of handling various functions in a NBFC or Bank, such as Business development, Credit Appraisal, Credit Monitoring, Recovery, Treasury etc.
- Experience of business development by generating and developing leads as per product policies and norms, including generating business through new clients and existing borrowers with good track record
- Achievement of targets for new and repeat business and also the other targets for yields and portfolio health
- Study and present the plans for Diversification of business sourcing in terms of borrower profiles, products/schemes and geography
- Providing inputs for updation of existing products/schemes and development of new ones whilst adherence to statutory requirements
- Competition mapping keeping track of competitors product offerings and innovations and providing inputs for new product development
- Development of new products/ aligning existing products in line with the market conditions including competitive landscape
- Appraisal of new credit proposals with detailed analysis of promoters, business of the company, historical financial information, financial projections, industry / sector analysis, economic and policy environment.
- Ensuring the due diligence of proposal
- Ensure smooth handholding between client and credit operation section up to sanction, acceptance and disbursement phase
- Ensuring that the borrowers account is reviewed on a periodic basis by considering significant changes in financials, industry scenario, regulations, repayment patterns, security mortgage and performance of borrowers.
- To ensure timely initiation of legal action in case of default in standard accounts.
- Management of all investments of SICOM other than strategic investments
- Raising resources through various rated / unrated instruments at optimal cost as per the business plan
- Periodic updates to the Board/ALCO including MIS to management and regulator
- Experience of managing and mitigating various risks such as Market risk, Credit Risk, Liquidity risk, Reputation risk, Legal risk and cyber risk.
- Any other responsibility assigned by the management
Qualification : MBA/PGDM
Experience Required :
Minimum 15 Years
Vacancy :
2 - 4 Hires
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