Assistant Branch Head

Job Title: Assistant Branch Head (ABH) – Microfinance Location: [Specify Branch Location] Salary: ₹22,000 – ₹24,000 per month + Incentives + PF + ESI Employment Type: Full-time About Maanyasri Fin Serve Pvt. Ltd.Maanyasri Fin Serve Pvt. Ltd. is a leading Microfinance Institution (MFI) in Andhra Pradesh and Telangana, committed to providing financial inclusion through Joint Liability Group (JLG) loans and other microfinance products, empowering rural and semi-urban women entrepreneurs. Job PurposeThe Assistant Branch Head will support the Branch Head in managing branch operations, driving business growth, ensuring loan collections, and maintaining compliance in line with MFI standards. The role demands leadership skills, strong field presence, and the ability to build and maintain relationships with customers and the community. Key Responsibilities1. Branch Operations & Team Management Manage daily branch activities and ensure operational efficiency. Supervise, guide, and motivate branch team members to achieve business and collection targets. Maintain proper documentation and loan records as per company policy. Monitor team performance and ensure training for underperforming staff. 2. Business Development & JLG Product Management Promote and manage Joint Liability Group (JLG) loan products effectively. Conduct market surveys to identify potential customers and form new JLGs. Maintain good relationships with borrowers and community leaders to strengthen customer base. Ensure proper verification and onboarding of clients. 3. Loan Recovery & Collection Monitor repayment schedules and ensure timely collections from JLG members. Take corrective measures for overdue accounts and prevent delinquency. Ensure branch meets targeted recovery percentages (e.g., >95%). 4. Compliance & Reporting Adhere to RBI, MFIN, and company guidelines for microfinance operations. Prepare and submit daily/weekly/monthly reports to the Branch Head and Regional Office. Ensure compliance with audit requirements and maintain branch discipline. Eligibility Criteria: Education: Graduate / Postgraduate (MBA in Finance, Rural Management, or Marketing preferred). Experience: Minimum 2 years in Microfinance / Banking / NBFC operations, preferably in JLG loan products. Skills Required: Strong leadership and team management skills Good communication and interpersonal skills Field-oriented with customer service focus Knowledge of microfinance operations and compliance norms Basic computer skills (MS Office, Email)