Home / Career / Micro Lending – Head

Micro Lending – Head

Experience : 8-12 years (Preferably Male)
Location: Mumbai
Age Criteria : 30-45 years
Qualifications : Graduate/ post-graduate degree in relevant field

About the Company

Lokmanya Multipurpose Co-operative Society is a leading cooperative society
dedicated to serving the local community in 4 states (Karnataka, Maharashtra, Goa and Delhi). Our society
provides a wide range of financial services, including banking, loans, investments, insurance, and more. We
are committed to delivering superior customer service and maintaining the highest standards of
professionalism.

Job Responsibilities

  • Thorough understanding about microfinance business
  • To design and execute various strategies related to micro lending & micro finance
  • To ensure monthly achievement of assign disbursement targets with no delinquency
  •  Manage the Micro Finance & micro lending Loans division and ensure smooth and efficient loan
    disbursement processes
  • Develop and implement strategies to drive the growth of the micro loans portfolio
  • Oversee the evaluation and verification of micro loan assets for loan disbursal
  • Monitor loan applications, ensuring adherence to company policies and regulatory
    requirements
  • Assess creditworthiness of loan applicants and determine appropriate loan amounts
  • Train and mentor staff members on micro finance loan operations, including micro loan
    verification techniques
  • Develop and maintain strong relationships with customers, providing exceptional customer service
    and addressing their queries and concerns
  • Conduct market research to identify new opportunities and trends in the Micro Finance Loan industry
  • Collaborate with internal teams, such as risk, compliance, collections and operations, to ensure
    compliance with regulatory guidelines and internal policies.
  • Stay updated with industry best practices and changes in regulations related to micro finance
    loans
  • Prepare regular reports on loan portfolio performance and present findings to the
    management of society
  • Travel up to 15 days in a month to various branches/areas for monitoring and providing support
    for Micro Finance Loan operations
  • Ensuring monthly growth in loan portfolio with minimum delinquency
  • Ensuring timely recruitment and training of field teams related to micro lending

Skills Required

  • Strong knowledge and experience in Micro Finance Loan operations and processes
  • Excellent understanding of micro finance verification techniques
  • Proven experience in managing and mentoring teams
  • Strong analytical and problem-solving skills
  • Excellent communication and interpersonal skills
  • Ability to travel up to 15 days in a month for branch visits and support

If you meet the above requirements and have a passion for managing micro lending operations and
driving business growth, we would love to hear from you. To apply, please send your resume and a
cover letter detailing your relevant experience to resume@lokmanyasociety.org.

Our Core Values

At Lokmanya, we believe that a career should be more than just a job; it should be a passion-driven adventure that brings out the best in you. We are not just a company; we are a community of like-minded individuals united by a common purpose: to make a meaningful impact on the world.

At Lokmanya, our core values are the heartbeat of our culture and the driving force behind everything we do. They define who we are as a company and guide our decisions, actions, and interactions with our customers, employees, and partners.

DISCLAIMER
BE AWARE : PHISHING SCAMS FOR EMPLOYMENT OPPORTUNITIES

Every job seeker should be aware of online recruitment fraud. Fictitious job postings, fraudulent job offers, and individuals purporting to be recruiters can defraud job seekers, commit financial crimes or steal identities.

Lokmanya Society takes this matter seriously and is actively working to reduce the likelihood of our brand being misrepresented as part of fraudulent activity. Job seekers interested in Lokmanya Society roles should know the following:

  • At no point will Lokmanya Society or anyone recruiting for Lokmanya Society ever asks for money, credit card, or bank account information to complete a job application or be considered for a job.
  • Lokmanya Society employees (including our recruitment teams) use email addresses that end in @lokmanyasociety.org
  • At no point will Lokmanya Society or anyone recruiting for Lokmanya Society ever asks for money, credit card, or bank account information to complete a job application or be considered for a job.
  • Communications you send directly to Lokmanya Society or anyone recruiting for Lokmanya Society should only go to email addresses ending in@lokmanyasociety.org

These fraudulent job postings or “recruiters” may ask job seekers for money, banking details, or other personally identifiable information.Recruiting scams have become more sophisticated and can appear as legitimate recruitment activities of reputable companies and often use third-party websites or direct email approaches. Caution should always be shown when sharing personal information and we hope that by highlighting these developments, unsuspecting job seekers will not be duped by these scams.

Generally, job seekers should watch out for: Incorrect domain names or email addresses: Check for misspellings of hiring companies or emails from domains that do not match the hiring company.Use of messaging services: Legitimate companies won’t conduct job interviews through messaging services like Google Hangouts, Yahoo Messenger, or Facebook Messenger. Unclear or broad job descriptions: Scammers use broad, vague job descriptions to capture a wide net of potential targets. Legitimate job ads will have a clear description of what your duties would be and will list the requirements for the job.The “dream” job offer: Extremely high compensation for a position that requires no skills or experience or job offers without any interview process… If it’s “too good to be true” it is likely fraudulent.

Requests for financial information: Be wary of any ask for money, credit card, or bank account information to complete a job application or create eligibility for a job. Requirements to purchase training or equipment: If a company wants you to pay for training materials or equipment before it will consider you for a job, it is likely fraudulent.