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Circle Head - Microfinance

India Permanent INR2,700,000 - INR3,300,000 per year View Job Description
The Circle Head - Microfinance will lead the complete business operations for the South Maharashtra region, driving portfolio growth, profitability, collections, asset quality, and operational excellence. The role requires a seasoned microfinance leader with strong experience managing large portfolios, field teams, and rural lending businesses while ensuring sustainable growth and credit discipline.
  • Own and scale a high-impact ₹200 Cr business portfolio
  • Lead a large team of 250 employees and fast-track your career

About Our Client

Our client is a well-established financial services organisation with a strong presence in the microfinance and rural lending ecosystem. The company serves underserved customer segments across multiple geographies in India and is focused on responsible lending, sustainable growth, customer-centric operations, and building high-performing field teams.

Job Description

  • Take complete ownership of a ₹200 Cr microfinance portfolio and achieve business growth targets.
  • Drive loan disbursement, revenue generation, profitability, and market expansion across South Maharashtra.
  • Ensure strong portfolio quality through effective collections, credit monitoring, and risk management.
  • Lead, mentor, and develop a field force of approximately 250 employees across multiple branches.
  • Monitor branch productivity, customer acquisition, and operational efficiency through MIS and analytics.
  • Ensure strict adherence to credit policies, regulatory guidelines, and audit requirements.
  • Collaborate with risk, credit, operations, and senior leadership teams to improve business performance.
  • Build relationships with local stakeholders, regulators, and community leaders to strengthen the organisation's market presence.

The Successful Applicant

Experience

  • 15+ years of experience in Microfinance, NBFCs, Small Finance Banks, or Financial Services.
  • Proven track record of managing large-scale lending operations, collections, and business growth.
  • Experience handling sizeable portfolios (₹200 Cr+) and large field teams (200+ employees).
  • Prior exposure to South Maharashtra or similar rural/semi-urban markets preferred.



Functional Expertise

  • Lending Operations
  • Credit Underwriting & Risk Management
  • Collections & Portfolio Quality Management
  • Branch Network Management
  • Rural Market Development
  • Business Expansion & P&L Management



Tools & Systems

  • Strong exposure to MIS reporting platforms.
  • Portfolio monitoring and collection tracking tools.
  • Data analytics and performance dashboard utilisation.
  • Branch operations and loan management systems.



Leadership Competencies

  • Strategic Business Leadership
  • Team Management & Succession Planning
  • Stakeholder Management
  • Customer-Centric Approach
  • Execution Excellence
  • Analytical Decision Making



Education

  • Graduate degree required.
  • MBA/PGDM in Finance, Marketing, Rural Management, or related discipline preferred.

What's on Offer

  • A permanent role based in Nagpur.
  • Opportunities to lead and manage a varied team.
  • Chance to work in the retail banking and loans sector.



If you're interested in this role, feel free to apply.

Quote job ref
JN-092026-7114049

Job summary

Function
Banking & Financial Services
Sub Sector
Banking Operations
What is your area of specialisation?
Financial Services
Location
India
Job Type
Permanent
Job Reference
JN-092026-7114049

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.