Specialist Credit

PanIIT Alumni Foundation
Financial Inclusion
PanIIT Alumni Reach for India Foundation (PARFI), a not-for-profit section 8 social enterprise, is committed to
execute and scale self-sustainable business models that enhance incomes of the underprivileged sections. PARFI
is managed by PanIITian professionals and domain experts and is overseen by a advisory board of PanIITians
andinvitees from various walks of life including corporate, Academics. Mr. Hari Padmanabhan, Chairman,
PanIIT Alumni India and Mr. Ashank Desai, Immediate Past Chairman, PanIIT Alumni India are non-executive
directors and Mr. Kris Gopalkrishnan,CEO & MD, Infosys is executive sponsor.
The organization is run by full time professionals consisting of IITians, non-IITian domain experts. The Organization
is funded by PanIIT Alumni Network, NABARD, social investors and Government agencies.
Opportunity to apply business principles in the challenging social space by working with
funding partners, social investors & Government agencies:
PanIIT Alumni Reach for India provides a unique platform to work through, connect and collaborate with
passionate individuals and mission driven organizations keen to strive for enhancing incomes of under-privileged.
We have forged strong relationships with organizations like Confederation of Indian industry, NABARD and
PanIITians (CXOs, IIT- IAS officials, NGO founders and others) of the network who contribute their might to
ensure a scaleable, sustainable social enterprise focused on economically deprived. We also seek the support
social investors and ensure that they get maximum social return on their investment. PanIIT has 100% Skill
Loan Financing model to ensure the deprived section of the society which enrolls in our skilling programs are
given loan support. The role entails constant and consistent engagement with these key stakeholders to ensure
the current potential to scale is realized in to social and financial performance.
Job content: PanIIT Alumni Reach for India’s skill initiative works on building captive finishing school for
corporate clients that are willing to absorb students on an on-going basis. Thus, it builds dedicated skilled
manpower for the clients at no cost to them as the students get 100% micro-financing to fund their training. The
candidates are by definition, BPL students who are school drop-outs and currently engaged in unskilled, daily
wage labor. Thus, jobs are assured upfront and then unskilled candidates sourced and trained. Sevak, Financial
Inclusion is responsible for seeking funding partners and engaging with them to ensure 100% financing for the
candidates.

We are looking for motivated individuals who have in them a spirit to give back to their country. To such self-
motivated individuals the job can offer following benefits: -
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Satisfaction of reaching for India and for underprivileged Indians
Experience of rural India – The future market place of the world
Be part of the journey in making of one of the most unique developmental models ambitious scale that
country like India demands
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Interaction with some of the most distinguished corporate/non-corporate leaders and working
closely with the founding team
• Unique experiential learning by applying corporate principles to social space
Designation - Specialist Credit
Eligibility - Minimum 5–8 years of experience in financial institutions such as Commercial Banks, Cooperative
Banks, MFIs, NABARD, NABFINS, SIDBI, or other NBFCs.
Educational Qualification - MBA (Finance) / MBA (Rural Management)/CA
Location – Jharkhand
Salary - Compensation will not be a constraint for the right candidate. But it will be basedon principles of social
entrepreneurship and performance.
The following are indicative deliverables: -
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Manage a credit vertical team of 15–20 members.
Maintain regular front-end CXO-level engagement with banks, NBFCs, and financial institutions to facilitate
timely loan disbursements.
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Coordinate with regional credit agencies to oversee the end-to-end credit cycle.
Conduct sector, center, and transaction-level assessments, approve risks through portfolio analytics and
credit risk analysis, and engage with banks for feedback sharing and recommendations.
Review payment schedules and loan agreements to ensure completeness and compliance with agreed
policies.
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Oversee loan approval and disbursement reporting.
Prepare impact reports for external stakeholder communication.