Position - Business Development Officer
Location - Jayanagara and Chikkabanavara, Bangalore
Reporting To Branch Manager – Individual Lending
Job Summary
· This position is responsible for acquisition and retention of clients and maintaining high standards of service.
· Identify new Sales leads for individual Lending.
· Convert eligible customers and achieve monthly sales target.
Broad Roles and Responsibilities
· Achieve individual targets of outreach, portfolio volume and portfolio quality as per agreed numbers month on month
· Customer place and business visit.
· Completion of Loan Application and documentation as per the products requirement.
· Submission and follow up till loan disbursement.
· Handover new and existing customer to the collection executive.
· Follow client verification norms as per established standards to ensure credit worthiness.
· Ensure on time and accurate maintenance and submission of all relevant records & reports of all clients as well as internal branch records.
· Ensure publicity and awareness of all new products and services across the client base in his/her groups
· Build rapport and a relationship with clients to ensure client retention
· Any other duties and responsibilities assigned by Branch Manager and higher authorities to be performed from time to time.
Background
Fresher’s and graduation is mandatory
CreditAccess Grameen Limited (formerly known as Grameen Koota Financial Services Pvt. Ltd.) was born out of the need for timely and affordable credit to India’s poor and low-income households.
CreditAccess Grameen was visualized by Mrs. Vinatha M. Reddy in
December 1996, inspired by the book ‘Give Us Credit’ by Alex Counts,
President and CEO, Grameen Foundation USA. The book detailed remarkable
stories of Bangladesh’s poor who raised themselves out of poverty
through the use of micro-credit during the microfinance movement,
spearheaded by Nobel Laureate Professor Muhammad Yunus.
CreditAccess Grameen was founded in May 1999 as a project under the
T. Muniswamappa Trust (TMT),an NGO in South Bangalore. Grameen Trust,
Bangladesh, provided seed capital funding to TMT to replicate the
Grameen Bank Bangladesh microfinance model.
CreditAccess Grameen adapted the Grameen Bank’s group lending
methodology of microfinance to the Indian setting and launched
operations in Avalahalli on the outskirts of South Bangalore. It offered
collateral-free loans as well as other services to women from poor and
low-income households with the aim of creating equal opportunities and
inclusive development of both urban and rural poor. The loans intended
to help customers raise their standard of living and break the cycle of
poverty. CreditAccess Grameen steadily groomed a class of mature and
financially literate women entrepreneurs who began to outgrow the group
lending model.
CreditAccess Grameen targets women because they are an integral part
of the family, community and country’s socio-economic environment. It
has been observed that women tend to use resources more productively, so
improving financial access for women may increase their participation
in the family’s and the community’s development.
In 2007, the microfinance activities of CreditAccess Grameen was
transferred from NGO to a well-regulated and registered Non-Banking
Financial Company (NBFC),which subsequently got reclassified into a
regulated and governed Non-Banking Financial Company – Micro Finance
Institutions (NBFC-MFI) entity by Reserve Bank of India (RBI) in 2013.
Grameen Koota continues to be the operating brand name of CreditAccess
Grameen Limited (formerly known as Grameen Koota Financial Service
Private Limited).
CreditAccess Grameen offers a multitude of both financial and
non-financial products and services to cater to the life cycle needs of
its customers. CreditAccess Grameen products are subject to periodic
modifications based on feedback from customers and input from staff.
