ASM-STUL- Indore

The Secured Micro Loan Business segment focuses on providing funding for short term and medium term working capital needs of Small Businesses and individuals. This is done through a range of customized products with collateral requirements. The Secured Micro Loan offerings are aimed at self-employed individuals and non-individual entities, with the purpose of the funds determined during the loan appraisal process. The business is primarily retail-oriented, characterized by high transaction volumes, smaller ticket sizes, and higher spread and profit margins compared to other Secured Lending products. Due to the nature of Secured Micro Loans, the business requires strict controls and monitoring to ensure the health and quality of the loan portfolio at all times. Key business objectives include maintaining profitability and minimizing delinquency, with a focus on the loan book size as a unit of measurement. The impact of higher funding costs on profitability and loan rates competitiveness is a significant consideration. Understanding the market characteristics such as connector relationship management, region-specific occupations/trade, and local financial preferences is crucial for gaining a competitive advantage in structuring loans and identifying potential leads. The RO/RM ABFL is responsible for achieving sales targets set by the Area Head (Sales) ABFL, including objectives related to book size, profitability, growth, and customer service. The ideal candidate for this role should have a minimum of 2-4 years of experience, along with a Diploma qualification.,