Virutcham Microfinance Limited

Madurai, Tamil Nadu

Job Title: Branch Manager - Micro Finance IndustryResponsibilities: Lead and manage the overall operations of the Micro Finance branch, including customer acquisition, loan disbursement, and collection activities. Develop and execute strategic plans to achieve business targets, increase market Portfolio, and expand the branch's customer base. Monitor and analyze branch performance, loan portfolio quality, and delinquency rates to identify areas for improvement and implement appropriate corrective actions. Build and maintain strong relationships with existing and potential clients, ensuring excellent customer service and satisfaction. Manage a team of loan officers and support staff, providing guidance, coaching, and performance feedback to optimize their productivity and effectiveness. Conduct regular field visits to assess loan utilization, monitor client businesses, and identify opportunities for further financial support or assistance. Collaborate with the credit and risk management teams to evaluate loan applications, assess creditworthiness, and mitigate potential risks. Ensure compliance with regulatory requirements, company policies, and industry best practices. Prepare accurate reports on branch performance, financials, and customer metrics for management review. Stay updated with industry trends, market dynamics, and competitor activities to identify opportunities for growth and innovation.Qualifications and Experience: ITI / Diploma/Bachelor's degree in a related field. Minimum of 6 years of experience in the Micro Finance industry, with a strong background in managing Joint Loan Groups. Proven track record of achieving business targets and driving growth in a similar role. Sound knowledge of microfinance operations, loan appraisal, credit risk assessment, and portfolio management. Excellent communication and interpersonal skills, with the ability to build rapport with clients, staff,.

We are looking for a collections officer to assist with the collection of outstanding debts. The collections officer will contact clients and inform them of their debts, negotiate payment plans, and ensure payments are made as soon as possible. You may also be required to institute legal action when payments are not made.To ensure success as a collections officer, you should have excellent communication, negotiation, and mathematical skills, as well as attention to detail. A skilled Collections Officer should be able to reduce company losses by encouraging customers to pay their overdue bills.The roles and responsibility of a Field Officer is furnished hereunder. FO Reports to the Branch Manager. Formation of JLGs/Centers. Minimum of 5 centers with minimum 50 active clients should be sourced every month with center strength of 10 to 20 members. Collecting KYC documents for Credit Checking. Conducting Client Point Verification (CPV) and prepare the loan application for all the clients. Conducting two days Continuous Group Training (CGT) for centers. Conduct Centre meetings in the morning to collect the loan installments as per the time table / slot during the day in the morning and deposit the collected money in VML Branch before 2 PM. Group Formation, conducting CPV, conducting CGT, etc in the afternoon. FO's performance is measured in terms of number of Active Customers, Outstanding Loan Portfolio and Financial Inclusion through Opening Bank Accounts for borrowers and Compliance Adherence. Prompt recovery will scale up the performance. Any other work allotted by the BM then and there.Working Timing : Morning 7.30 Am - 4.00 PMTwo Wheeler, Driving Licence Must.

MIS/IT Manager MIS Daily Reporting Good Knowledge in Excel Credit Bureau Updation Basic Adobe Photoshop Designing Web Development Branch Handling Front End Support for Software Daily Data Backup Maintenance Cloud Knowledge Basic Accounts Knowledge Good Communication Skill

1. Starting business in a new village 1. Village identification within the radius2. Feasibility study of the village based on demographics, activities and financial needs of the customers3. Assist the MC-IC in making the village approval2. Sourcing of business 1. Identification of customers and forming of Joint Liability Groups2. Filling up of the application form3. Verification of the residence and business of the customer4. KYC verification5. Pre-disbursement training6. Visiting potential customers in order to develop business3. Disbursements 1. Collection of KYC documents2. Assisting the MC-IC for disbursement activity completion3. Loan documentation4. Collection of current dues 1. Collect the collection sheets and stickers from MC-IC2. Group-wise collection as per scheduled time by following the process3. Deposit of collection money4. MERC entry5. Collection of over dues 1. Follow up with the customers with updated data report of assigned portfolio2. Collection of money as per process3. Depositing the money in bank4. MERC entry5. Assist the MC-IC in initiating action against the defaulters1) Sales and Collections experienced candidates will be preferred.2) During the Interview candidate should carry below mentioned mandatory documents. - Aadhar card- Pan card- Passport size photo- Driving license- Bank passbook- Graduation mark sheet- If experience (Experience letter / relieving letter/resignation acceptance letter and salary slip)Eligibility 1. Any Graduate (Except B. E/ B. Tech) with or without experience or 2) undergraduate like Diploma with 6 plus sales or collection experience Two-wheeler and Driving license with smart phone Only male candidates The maximum limit is 15 to 20 KM from the selected branch location.. Blood Relatives of the candidate should not be working at Virutcham MFI (Mandatory).Age: 21 to 30 yrsSkills Area Sales Officer Collections Executive