Individual Loan Officer – Microfinance Banking (Tata Capital) 🚀
Location: Sitamarh
Experience: 0 – 4 years
Industry: Financial Services
Department: BFSI, Investments & Trading
Employment Type: Full-Time, Permanent
Role Category: Lending
About Tata Capital
Tata Capital Limited, a subsidiary of Tata Sons Limited, is a leading financial services company registered with the Reserve Bank of India as a Core Investment Company. Tata Capital provides comprehensive fund-based and fee-based financial services under the Tata Capital brand. The company caters to diverse customer needs, offering services across multiple sectors such as Commercial Finance, Infrastructure Finance, Cleantech Finance, Wealth Management, Consumer Loans, and Tata Cards. With a strong presence across 500+ branches in India, Tata Capital has built a reputation as a trusted and customer-centric financial institution.
Role Overview: Individual Loan Officer (MFB)
As an Individual Loan Officer – Microfinance Banking (MFB) at Tata Capital, you will play a crucial role in driving Rural Individual Loan business sales while ensuring business growth and maintaining a high-quality loan portfolio. You will be responsible for identifying, onboarding, and servicing individual borrowers in rural areas, ensuring seamless loan disbursement, and optimizing collection efficiency.
Key Responsibilities
📌 Loan Origination & Customer Acquisition
✅ Identify and source potential rural individual loan customers in assigned areas.
✅ Conduct business and home verification for loan applicants.
✅ Perform financial analysis to assess loan eligibility and finalize loan amounts.
✅ Ensure first-time-right (FTR) loan processing and documentation accuracy.
✅ Promote Tata Capital’s financial products and services in rural markets.
📌 Loan Disbursement & Portfolio Management
✅ Ensure timely loan disbursement in accordance with company policies and compliance standards.
✅ Maintain a healthy loan portfolio with minimal delinquency rates.
✅ Drive deeper market penetration and business expansion within assigned territories.
✅ Build strong client relationships and ensure superior customer experience.
📌 Collections & Risk Management
✅ Monitor and ensure timely repayment of loans by borrowers.
✅ Maintain high collection efficiency and follow up on overdue accounts.
✅ Identify high-risk customers and take proactive measures to mitigate default risks.
✅ Collaborate with internal teams to improve loan recovery processes.
📌 Business Development & Growth Strategy
✅ Develop new business opportunities for loan products in rural segments.
✅ Implement sales strategies to achieve business targets and productivity goals.
✅ Ensure adherence to Tata Capital’s financial and operational guidelines.
✅ Participate in training and development programs for continuous upskilling.
Qualifications & Skills Required
📌 Educational Requirements
🎓 Bachelor’s Degree (Any Discipline) – Candidates with a background in Finance, Banking, or Business Management will have an added advantage.
🎓 Postgraduates (Optional) – MBA/PGDM in relevant fields is preferred but not mandatory.
📌 Technical & Professional Skills
📊 Financial Analysis & Risk Assessment – Ability to evaluate loan applicants’ financial health and repayment capability.
📊 Market Penetration Strategies – Understanding of rural markets and strategies to expand reach.
📊 Sales & Business Development – Strong sales acumen and ability to drive loan product growth.
📊 Loan Disbursement & Collection Management – Experience in handling loan disbursement and collections.
📊 MS Office & CRM Tools – Proficiency in Excel, Word, and financial software.
📌 Soft Skills & Competencies
🤝 Customer Relationship Management – Strong interpersonal skills to build lasting client relationships.
🗣 Communication & Negotiation – Ability to clearly convey loan terms, policies, and collection strategies.
📌 Attention to Detail – Accuracy in loan documentation and compliance checks.
🚀 Proactiveness & Adaptability – Willingness to learn, adapt, and grow in a dynamic financial environment.
Perks & Benefits
💰 Competitive Salary & Incentives – Performance-linked incentives and growth opportunities.
📚 Training & Development Programs – Continuous learning opportunities and career growth.
🏥 Healthcare & Insurance Benefits – Medical coverage and wellness programs.
🌱 Career Advancement – Defined career progression within Tata Capital.
🤝 Employee-Friendly Policies – Work-life balance and inclusive workplace culture.
Why Join Tata Capital?
Tata Capital is committed to building an empowered workforce with a customer-first approach. As an Individual Loan Officer, you will have the opportunity to work in an impactful, dynamic, and rewarding financial environment. You will contribute to the economic empowerment of rural communities while growing professionally in one of India’s most reputed financial institutions.
🚀 Be a part of Tata Capital’s mission to transform financial services and empower individuals across rural India!
📩 Apply Now & Start Your Journey with Tata Capital!
