Retail Finance Manager

Role & responsibilities

• Scouting and establishing relationships with Banks / Non-Banking Financial Institutions for retail financing
• Finalizing and implementing MOUs / Financial Arrangements through several interactions with various levels of management
• Resolving queries that may arise while contracting and setting terms with the financial institutions and engaging key internal stakeholders to evaluate on set parameters to work towards final signoff
• Sharing best practices and the financial arrangements with the team to leverage on team synergy and positively impact business
• Conducting presentations to Banks/ Financiers on existing and new products on regular basis to establish more credibility and build avenues to engage them as partners
• Formulating innovative schemes like loan melas in consultation with Banks / NBFCS for facilitating sales at Dealers points
• Resolving conflicts and ensuring that the interest of all the stakeholders are met.
• Assisting Financiers in RC/ Portfolio related issues and also the dealers for scheme / operational issues.
• Evaluating and building association with Banks / Non-Banking Financial Institutions to develop more options for retail financing
• Drafting and confirmation of MOUs and Financial Arrangements across India
• Ensuring minimum Turn-around-Time for disbursement of files with Banks / Financiers. Timely remittance of disbursement amount to dealers.
• Supporting dealers in arranging Inventory/Channel funding. Ensuring complete submission of documents by dealers and timely disbursement by Bank / Financiers.
• Training to new dealers inducted, on Retail Finance process and introduction to Bank / Financiers