Lead- Centralized Branch Operations/ Mumbai
Job Description:
1) Job Purpose: Write the purpose for which the job exists (in 2-3 lines) (Max 1325 Characters) |
The Purpose of the role is to Standardize and Centralized the Branch Operations and Service Processes with impact on TAT, Productivity and seamless processes. |
2) Dimensions: Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job. |
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Business Workforce Number |
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Unit Workforce Number |
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Function Workforce Number |
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Department Workforce Number |
Off Role Employees – 2 On Role Employees - 3 |
Other Quantitative and Important Parameters for the job: Budgets/ Volumes/No. of Products/Geography/ Markets/ Customers or any other parameter |
Will manage PAN India Disbursement and service standardization including all the products (HL & NON HL) of following segments 1. Affordable 2. Prime 3. Informal 4. CF |
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3) Job Context & Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section ((Max 3975 Characters) |
Ø Seamless Disbursement and Service Process Ø Better TAT Ø Standardization of Disbursement and service process Ø Better Control on the Process Ø Reduce Manual Intervention in Disbursement Process Ø Manage relevant vendors Ø Liaise up with stakeholders (Business / Credit / Branch Operations) Ø Review Branch Disbursal centralisation opportunities.
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4) Key Result Areas: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas)- Maximum 10 KRAs can be updated |
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Key Result Areas (Max 1325 Characters) |
Supporting Actions (Max 1325 Characters) |
Impact on Cost |
Reduction in BOM and Senior BOM in local branches |
System Integration |
Integration of systems to enable central disbursals |
TAT |
Processing of Disbursement of cases within define timelines. Improve servicing effectiveness and standards |
Penetration |
Increase in Penetration of tranche and Insurance disbursals, PIFA, Upsell |
Standardization |
Standardization of Disbursement Documents, process and quality of service |
5) Job Purpose of Direct Reports: Describe the job purpose of the direct report/s to the job (in 2-3 lines for each report) |
Ø Processing of tranche disbursals Ø Central management of eAgreements Ø Reconcilation of Stamp Papers Ø Management of branch cheque inventory Ø Authorization of Disbursement and Initiation of Payment Ø Review Branch Disbursal centralisation opportunities. |
6) Relationships: Describe the nature and purpose of most important contacts or relationship (except superior/team members) with individuals, departments, organizations inside and outside of the organization, that job is required to interact with in order to deliver the job objectives |
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Relationship Type (Max 80 Characters) |
Frequency |
Nature (Max 1325 Characters) |
Internal |
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Business |
Daily |
Processing of Disbursal |
Credit |
Daily |
Verifying the Disbursement Payment and Documents need to Collect on or after disbursement |
Branch Operations |
Daily |
Issuance of Disbursement Cheques / Online Transfer. Standardisation of Service parameters |
IT |
Daily |
Technical Issues |
External |
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Vendor |
Daily |
Technical Issues Procurement of Stamp Papers and cheque inventory |
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7) Organizational Relationships: Provide the structure for a level above and below the position for which this job description is written. Use position titles in the structured and indicate all the reports of the position. |
SIGN-OFF: Provide the name of the Manager and the jobholder. Signature needed for the hard copy of the JD. Hard copy to be maintained in the organizational record. |
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Job Holder |
Reports to – Manager |
Name |
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Jinu Varughese |
Signature (needed for the hard copy) |
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Company Profile
Its retail offerings include insurance coverage for life, health, motor, and travel; financing solutions, which consists of financing for the home, personal, SME, real estate and loan against securities; investment management solutions; wealth and portfolio management; pension funds
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