Team Member - PSL-SUPPORT SERVICES-PSL

About Priority Sector Lending Horizontal Team:

RBI prescribes that 40% of the bank wide advances should be given to priority sectors. This is a crucial aspect of banking and is monitored closely by the regulators and the senior management of the Bank. The PSL Horizontal Team is a bank-wide PSL focussed team. This team focuses on multiple aspects of PSL such as business development, PSL certificates trading strategy, process and compliance.

• Job Description:

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• The job will involve working in the PSL Horizontal team with following key responsibilities:

• Develop and implement overall strategy for the SHG Assets business.

• Achieve disbursement, portfolio outstanding and fee income targets.

• Expand SHG Assets portfolio into new geographies and customer segments.

• Build strategic partnerships with NGOs, Corporate BCs and community based organizations for overall reach to SHGs

• Credit and Portfolio Management- drive credit underwriting policies balancing growth and asset quality.

• Monitor portfolio quality (PAR, NPA, Write- off ratios) and take corrective actions.

• Implement early warning systems and collection strategies.

• Ensure credit risk is managed in line with the banks risk appetite framework.

• Set performance KPIs, monitor productivity. 

• Ensure strict adherence to RBI regulations on priority sector lending and SHG guidelines.

• Maintain strong governance practices, including credit audits and internal controls.

• Prepare for regulatory and statutory inspections.

• Working on regular reviews with business teams and senior management.

• Consolidate product process and compliance policies

• Perform various checks and audits for accurate reporting to regulatory agencies

Job Requirements:

• Strong understanding of rural communities, SHGs, and how to introduce new technologies in these contexts.         

• Preference will be given to candidates with experience in SHG development, business models and market driven solutions.

• Demonstrated ability to build and manage partnerships with NGOs, market players and government bodies.

• Strong written and verbal communication skills are essential.

• Develop detailed program plans, including budgeting and resource allocation.

• Identify, assess, and formalise implementation partnerships with government agenices and business consultants as needed.

• Comfort with data collection, lead tracking tools, and reporting formats.

• Ensure the program achieves measurable impact and adheres to timelines and goals.

• Prepare and submit timely and comprehensive reports to the senior management.

• Ability to work collaboratively with multiple teams in a co-ordinated and co-operative manner.

• Ability to create complex financial models on Excel.

• Candidate should have good presentation & communication skills, and ability to work with limited timelines.

• Ability to think and grasp regulations, understand nuances and come up with solutions.