ASSISTANT BRANCH MANAGER
The Assistant Branch Manager at Muthoottu Mini Financiers Ltd will lead business growth and operational excellence at the branch level in Madurai. The role involves managing employees, conducting field-based marketing, and executing corporate campaigns to meet financial targets. The successful candidate will collaborate with regional leadership to drive performance and customer engagement. This is a mid-level management position requiring a graduate degree and prior experience in the financial sector.
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Experience
3-5 years
Function
Operations
Work mode
Onsite, India
Company
Tier 2
What you will work on
The Assistant Branch Manager at Muthoottu Mini Financiers Ltd will lead business growth and operational excellence at the branch level in Madurai. The role involves managing employees, conducting field-based marketing, and executing corporate campaigns to meet financial targets. The successful candidate will collaborate with regional leadership to drive performance and customer engagement. This is a mid-level management position requiring a graduate degree and prior experience in the financial sector.
TAL's take
Solid tier-2 role in finance operations with well-defined branch management responsibilities, though the tech stack is non-existent.
Clear expectations and responsibilities for a branch-level management role.
Must haves
- Graduate degree
- 3-5 years of experience
- Focus on business growth and target achievement
- Ability to supervise employees
- Participate in marketing campaigns and events
- Conduct door-to-door marketing
About the company
Established regional financial services company with a recognized footprint in India.
Posts mentioning Muthoottu Mini Financiers Ltd
Google Partners with Muthoot Finance to Boost Credit Accessibility in India
- Google Pay partners with Muthoot Finance, India's largest gold-backed loans provider, to offer secured loans across India. - The move aims to expand credit accessibility in a market where traditional lending often falls short. - Gold holds unique significance in India, with about 1 billion people spending roughly ₹1 trillion annually on gold imports. - Google's initiative taps into the cultural and economic importance of gold, potentially opening new avenues for millions to access formal credit. - Google Pay is among the most popular payment apps in India, processing more than 37% of the 15 billion monthly transactions on UPI. Source: [Techcrunch](https://techcrunch.com/2024/10/03/google-taps-india-love-for-gold-to-boost-its-credit-play/)
Suggestion on corporate bonds
I am thinking of investing 10 lakhs in corporate bonds. I shortlisted a few bonds which are somewhat good in rating (greater than A). I don't want to risk my money. So, I am looking for a bond for a short duration which is less than 15 months. My shortlisted ones are Navi Finserv, Vivrithi capital, iifl samasta, Muthoot microfin. Please suggest the best one from this list and please share your personal experience with corporate bonds.
RBI's Crackdown on Gold Loan Practices Hits Lenders
- **RBI** has called for corrective measures in gold loan practices within three months. - **Muthoot Finance** fell 3.9% and **Manappuram Finance** declined 1.9% due to concerns over **ROAs**. - Issues include improper valuation, LTV breaches, and inadequate governance with fintechs. - **IIFL Finance** rose nearly 0.5%, while private banks ended flat or lower. - Analysts see this as a good entry point for Muthoot Finance despite regulatory concerns. Source: [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/gold-loan-companies-slip-as-rbi-orders-corrective-measures-for-lapses/articleshow/113867489.cms), [Business News India](https://www.businesstoday.in/personal-finance/news/story/rbi-demands-gold-loan-lenders-address-irregular-practices-within-3-months-448334-2024-10-02), [Mint](https://www.livemint.com/industry/banking/gold-loans-asset-class-fintechs-rbi-warning-11727784852546.html)