Description
Following its vision to improve financial freedom of the underbanked, Kreditech is currently analysing the Indian market with the aim of establishing an NBFC-licensed subsidiary. Kreditech Group is a globally operating consumer lending company supported by renowned shareholders, including the IFC (World Bank Group), J.C. Flowers, Peter Thiel and Värde Partners. The fintech generated a revenue of EUR 44m in 2015 at double-digit growth rates and employs over 300 people at seven offices worldwide.
Your Role
- You will be the Managing Director of the NBFC-licensed entity and assume overall responsibility and take ownership for all business related matters of Kreditech India;
- You will report directly to the Board of Kreditech India and functionally to Kreditech’s Chief Operating Officer;
- You will drive the development of strategy and roadmap for the Indian market consistent with the established mission, vision, values and strategic plan of Kreditech Group;
- You will lead and oversee the execution of the strategy across all functional areas, coordinating closely local functions (e.g. Sales & Marketing) and central functions (e.g Data Science, Product);
- You will hold financial responsibilities for the subsidiary (Originations, P&L, Balance Sheet, Liquidity); establish and monitor core KPIs and ensure that plan targets are met;
- You will create a strong compliance culture with Indian regulations and corporate policies;
- You will Source, establish and maintain partnerships (e.g. with Data providers);
- You will build, develop, motivate and retain a strong local team, embedding the Kreditech culture with all staff;
- You will represent the company professionally towards partners, media, the regulator and other state authorities;
- This is an exciting role for an experienced Indian country manager of a consumer finance business with the desire to contribute to a building an emerging, but very solid business in an international context.
Your Strengths
- At least 5 years of experience in a managerial position of a financial services business, preferably with a consumer lending institution or bank, or with a leading audit/ financial services company;
- Quality as a country manager of an non-bank financial institution (NBFI);
- A minimum of 2-3 years of experience in regulated financial services (i.e.: stock brokerage, NBFC or bank) in India; partnership distribution experience is a plus;
- Relevant university/ postgraduate degree with a focus in Business Administration, Finance ( international MBA) is preferred;
- Experience and a passion for designing, analyzing and improving business operations;
- Proven track record of managing and motivating a team of at least 10+ professionals and building a strong company culture;
- Experience, interest and aptitude in credit business and generally financial services industry;
- Strong analytical skills and data-driven;
- Excellent professional communication skills in English is a must;
- Ability to work effectively, both independently/ self-directed and as a member of a team; attention to detail and timeliness in delivering on commitments; skilled in problem solving, decision making, and conflict resolution; good communication skills;
- Desire to work in a fast paced environment with an international team of professionals who are passionate about their work and projects;
- Ability to work in distributed office locations through teleconferences and ability to formulate, present and defend business cases in front of senior executives;
- You are really driven to excel at everything you do and to bring the company forward with every decision you make;
- You have a strong personal gravitas and a good sense of humor;
- Willingness to travel frequently between locations (Mumbai, Hamburg).
The company offers extensive initial training in its Hamburg headquarters, in order to familiarize yourself with the processes, people and requirements, thereby facilitating a smooth arrival into this newly created position.
How to apply
We accept applications exclusively through our recruiting platform, found under the ‘Apply Now’ link.
