Relationship Manager - MFI North
This role involves managing a microfinance branch at Bajaj Finserv, focusing on portfolio quality, business targets, and team performance. Responsibilities include conducting daily team reviews, ensuring policy compliance, managing collections, and overseeing branch operations. Candidates are expected to have experience in microfinance JLG business, specifically with time served in a leadership or branch management capacity. The role emphasizes operational excellence and staff supervision in a fast-paced lending environment.
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Experience
4-6 years
Function
Operations
Work mode
Onsite, India
Company
Tier 2
What you will work on
This role involves managing a microfinance branch at Bajaj Finserv, focusing on portfolio quality, business targets, and team performance. Responsibilities include conducting daily team reviews, ensuring policy compliance, managing collections, and overseeing branch operations. Candidates are expected to have experience in microfinance JLG business, specifically with time served in a leadership or branch management capacity. The role emphasizes operational excellence and staff supervision in a fast-paced lending environment.
TAL's take
Stable role at a Tier 2 financial institution with clear managerial responsibilities in a regional branch context.
The JD clearly defines the operational duties, team management responsibilities, and specific experience requirements for a microfinance branch manager.
Salaries at Bajaj Finserv
13.5 LPA average
Based on 81 Grapevine salary entries for Bajaj Finserv.
Operations
0 - 2 years | Fresher
6 LPA average
Range: 2 - 10 LPA
Operations
12 - 14 years
24 LPA average
Range: 24 - 24 LPA
Engineering
0 - 2 years | Fresher
8 LPA average
Range: 8 - 9 LPA
Finance
0 - 2 years | Fresher
3 LPA average
Range: 3 - 3 LPA
Must haves
- Graduation degree
- 4-6 years experience in microfinance JLG business
- Minimum 2 years experience as Assistant Branch Manager or Branch Manager
About the company
Established large-scale financial services company in India with extensive branch operations.
Posts mentioning Bajaj Finserv
Got offer from 2 Organization.
Hi everyone, As I was searching for new roles and opportunity in many organizations I have finally received 2 offers / opportunities from Decathlon and Zomato. I'm currently in Bajaj Electricals Ltd (Sales Profile). YoE 1 yr and 3 months. Serving notice period (September is my last month). Current CTC - 6 lpa. I'm more interested in Operations / SCM profile and have been applying for the same but no luck even in entry level positions. As I have been applying for jobs like a robot on daily basis for the past 2 months, I have finally got 2 job offers. 1. Decathlon: Job Role: OSL Salary: 28k per month Location: Pune (Home Location) 2. Zomato: Job Profile: Customer Experience Associate (ZAAP program) Salary: 5 LPA CTC Location: Gurugram (Not bad huh) Now both organizations are good and both are offering a bit low in terms of Salary (especially Decathlon) but for me Salary is less important and professional growth is more important. I want you guys honest suggestions as to which one will be more better and how it will help me in professional growth in operations/scm. Thank you.
Bajaj Finance Plans $500 Million Offshore Borrowing Amid Stricter Domestic Regulations
- Bajaj Finance Ltd., India's largest non-banking finance company by market value, is planning to borrow up to $500 million offshore. - The company is negotiating terms with at least four foreign banks, with the debt's tenor ranging from three to five years and pricing linked to the Secured Overnight Financing Rate. - Funds will be raised under the Reserve Bank of India's external commercial borrowing route, which caps the interest rate at 500 basis points over the benchmark rate. - A spokesperson for Bajaj Finance declined to comment on the transaction. - Local shadow financiers are turning to global credit markets after RBI's new regulations made it difficult to raise domestic bank loans. Source: [https://www.business-standard.com/finance/news/biggest-shadow-bank-bajaj-finance-aims-to-borrow-500-million-loan-124081300084_1.html](https://www.business-standard.com/finance/news/biggest-shadow-bank-bajaj-finance-aims-to-borrow-500-million-loan-124081300084_1.html)
Ola Electric Sales Dip as Bajaj Gains Market Share
- Ola Electric's market share dropped to 27% in September from 32% in August, with sales hitting an 11-month low. - The company has been facing issues with hardware malfunctions and customer complaints, receiving almost 80,000 complaints monthly. - Bajaj Auto is catching up, with its market share doubling over the last two quarters. - Ola Electric's share price fell below Rs 100 for the first time since its stock exchange listing in August. - Analysts predict Ola Electric's market share could decline to 25% over the next five years due to increased competition and changes in government policies. Source: [The Arc](https://thearcweb.com/article/ola-electrics-sales-hit-an-11month-low-as-bajaj-gains-market-share-cOwqOlS4GzDBU4my)