drjobs Chief Operating Officer COO NBFC-MFI Patna CTC- 35 LPA العربية

Chief Operating Officer COO NBFC-MFI Patna CTC- 35 LPA

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1 Vacancy
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Job Location drjobs

India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Position Summary:
As the Chief Operating Officer (COO) you will be responsible for overseeing the daytoday operations of our microfinance institution. With your extensive experience in the JLG Team handling & should meet business targets.(Open new branch resource allocation target design target allocation).
Key Responsibilities:
Operational Leadership:
Develop and implement operational strategies to achieve organizational goals and objectives.
Oversee the execution of operational plans and initiatives ensuring alignment with the companys mission and values.
Drive continuous improvement in operational processes and systems to enhance efficiency and effectiveness.
Risk Management and Compliance:
Ensure compliance with regulatory requirements and industry standards mitigating operational risks.
Monitor and evaluate internal controls to safeguard assets and maintain operational integrity.
Collaborate with legal and compliance teams to address regulatory issues and implement best practices.
Financial Management:
Work closely with the finance department to develop budgets forecasts and financial plans aligned with strategic objectives.
Monitor financial performance and key performance indicators (KPIs) identifying areas for improvement and cost optimization.
Implement financial controls and accountability measures to ensure prudent financial management.
People Leadership and Development:
Provide leadership and direction to operational teams fostering a culture of accountability collaboration and performance excellence.
Recruit train and develop talented professionals building a highperforming and motivated team.
Promote a culture of learning and development empowering employees to reach their full potential.
Stakeholder Engagement:
Build and maintain strong relationships with internal and external stakeholders including regulatory authorities investors and community partners.
Communicate effectively with stakeholders to convey operational performance address concerns and promote transparency.
Represent the organization in industry forums conferences and networking events to enhance visibility and reputation.
Qualifications:
Bachelors degree in Business Administration Finance or related field; MBA or equivalent preferred.
15 years of progressive experience in the microfinance industry with at least 5 years in a senior leadership role.
Proven track record of driving operational excellence financial performance and regulatory compliance.
Strong understanding of microfinance principles products and services with knowledge of local market dynamics and regulatory environment.
Exceptional leadership and people management skills with the ability to inspire and motivate teams towards common goals.
Excellent analytical problemsolving and decisionmaking abilities with a strategic mindset and attention to detail.
Effective communication and interpersonal skills with the ability to build relationships and influence stakeholders at all levels.
Fluency in English and Hindi; proficiency in other regional languages is a plus.
Demonstrated commitment to social impact and financial inclusion.
Location:
This position is based in Patna Bihar India with occasional travel to other locations as required.

regulatory requirements,develop and implement operational strategies,strategic planning,interpersonal skills,budgeting,people leadership,internal controls,financial management,risk management,regulatory compliance,microfinance principles,stakeholder engagement,forecasting,team management,leadership,industry standards,safeguard assets,driving operational excellence,operational leadership,financial performance,relationship building,communication skills,compliance,financial planning,continuous improvement

Employment Type

Full Time

Company Industry

Key Skills

  • Anti Money Laundering Compliance
  • Marketing & Sales
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  • Jpa

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