Job title: MEL- Executive


Job description: JOB SUMMARY: MEL Executive is responsible for achieving business target from Micro Enterprise and ensuring repayment of his portfolio. To fulfill the responsibilities, the MEL Executive conducts bazaar/area survey, new customer acquisition, physical verification of client and household, disbursement of loan, repayment and overdue collection, MIS entry in MIS, proper documentation. Besides this MEL Executive assists Branch Head in branch administration and daily branch related banking transaction. Other key responsibilities include building strong client relationship and maintaining relationship with local key person such as representative of bazaar samity, municipality gram panchayat, other opinion leaders. While performing the above responsibilities, the MEL Executive must follow core values, code of ethics and other institutional policies. Job Profile 5.1 Technical Competency Description Business development 1. Conducts survey to identify potential clients in the assigned operational geography 2. Identify new business location though area survey Credit sourcing and assessment 1. Trains customers about terms and condition of loan and policy 2. Collects loan documents as per KYC policy and checks them against originals 3. Conducts physical verification of applicant as per policy 4. Fills loan forms properly based on physical verification and discussion with clients, and files them Credit disbursement 1. Fills up loan documents (pro note, mutual agreement, loan repayment book) ready before time of loan disbursement 2. Assists Branch Head in disbursement and loan processing fee collection Repayment 1. Collects repayment amount as per due schedule 2. Deposits all collected repayment amount (if collected in cash)in the bank every day. Overdue management 1. Follows up with overdue customers and collects overdue MIS entry 1. Makes repayment and overdue collection data entry in MIS Portfolio and risk management 1. Take preventive (proper physical verification, loan appraisal and curative (overdue follow up) measures to maintain high quality portfolio 2. Keeps a regular track of overdue clients and reasons for overdue 5.2 Organizational Competency Description Planning 1. Work with objectives and set targets 2. Prepares work plan and sets targets for oneself PERFORMANCE INDICATORS Business target vs. Achievement Portfolio quality Internal control findings Feedback from reporting officer Feedback from colleagues and other department 7. QUALIFICATION, EXPERIENCE, SKILLS Minimum Qualifications: Graduation Minimum Experience: 2 years (MFI/ NBFC/ CASA/ Credit Card/ LI/GI/ Mutual Funds/Retail Assets experience will be considered) Desired Skill: Good communication and interpersonal skills.

Location: Bhubaneswar, Odisha – Raipur, Chhattisgarh

Job date: Sun, 17 Mar 2024 23:24:19 GMT