Relationship Manager-Personal Loan at IDFC FIRST Bank

Job Description

Job Needs

Job Expectations

Post/Job Title: Relationship Manager-Personal Loan

Function/ Department: Rural Banking

Job Purpose:

The position entails establishing and deepening relationships with Rural Banking accounts and ensuring best in-class service to the customers. The position bearer has a responsibility to pinpoint Business owners / entrepreneurs in the defined catchment and assess their business loan needs. The post bearer is accountable for driving client acquisition, creating household level customer relationships and capitalizing on lifetime value in each relationship to attain larger organizational goals.

Roles & Responsibilities:

Drive Personal Loan business through assigned bank branch.
Create and drive alternate channels for sales along with regular channels.
Open new avenues for business through corporates.
Mentor, guide & motivate the sales team to meet the required target/productivity.
Recruit & train team members from time to time.
Keep empanelling new corporates for Personal Loan sourcing.
Conduct marketing/promotional activities to enhance visibility of PL.
Give regular feedback to product, credit & process for improvement.
Liaise with credit, operation to ensure best in class TAT.
Sustain high level of collection effectiveness.
Conduct end-user checks as specified post disbursal of loans while achieving monthly and annual loan booking targets.
· Contribute to penetration of PL self-sourced high value business in Rural markets through self-lead generation and as per needs of customer offer the PL.
Monitor high collections streamlining through discipline and drive.
Gather latest Market intelligence and track and benchmark against best practices in competitor banks and NBFC.
Evaluate the expansion strategy based on competitor analysis and feedback from different channels/customers.
Recommend process changes in order to strengthen service streamlining and quality throughout the branch network.
Handle a team of field officers, taking responsibility of their development and attrition.
Shape and implement livelihood advancement and community development initiatives.

Managerial & Leadership Responsibilities:

Attract and retain best-in-class talent for main roles in their reporting structure.
Monitor core parameters on employee productivity, hiring quality and attrition rates and make necessary improvements.
Equip teams to drive expansion targets by delivering necessary support.

Education Qualification:

Graduation: BA / BCom / BBA / BSc / BTech / BE or any other graduate.

Experience: 5 to 10 years of relevant rural banking experience.

This Relationship Manager-Personal Loan vacancy is based in Lalpar.

Frequently Asked Questions

What are the eligibility criteria for the Relationship Manager-Personal Loan job at IDFC FIRST Bank?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-2 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Relationship Manager-Personal Loan at IDFC FIRST Bank?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Relationship Manager-Personal Loan at IDFC FIRST Bank.

Is prior experience required for this position?

This role requires around 0-2 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the Relationship Manager-Personal Loan role at IDFC FIRST Bank?

You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.

Relationship Manager-Personal Loan

IDFC FIRST Bank — Lalpar, MORBI