Position Title : Regional Business Manager – Prime LAP
Segment : Sales
Product : Prime LAP (Loan Against Property)
Location : Mumbai
Reporting To : Zonal Business Manager – Prime LAP
Travel Required : Yes (Extensive within the assigned region)
Level : Managerial
Purpose of the Role :
The Regional Business Manager (RBM) is responsible for driving business growth, profitability, and portfolio quality for the Prime LAP segment within the assigned region. The role focuses on achieving disbursement and yield targets through effective channel management, business development, and people leadership. The incumbent will lead a team of sales professionals and collaborate closely with credit, risk, and operations to ensure sustainable business performance aligned with growth objectives.
Key Responsibilities :
Business Development & Strategy
- Drive disbursement, yield, and profitability targets for the Prime LAP business within the assigned region.
- Develop and execute a regional business plan aligned with zonal and organizational goals.
- Expand the customer base through new client acquisition and deeper penetration in existing markets.
- Strengthen business relationships with key channel partners (DSAs, connectors) and direct sourcing channels.
- Analyze market trends, competitor strategies, and local opportunities to refine growth plans.
Portfolio & Risk Management
Maintain portfolio quality by ensuring robust credit assessment, proper documentation, and post-disbursement monitoring.Work closely with the Credit and Risk teams to ensure prudent underwriting and adherence to policy parameters.Monitor delinquencies, initiate corrective actions, and maintain NPAs within acceptable limits.Ensure end-to-end compliance with internal processes, policies, and regulatory norms.P&L and Operational Efficiency
Contribute to the preparation of regional P&L budgets and manage branch-level profitability.Monitor business productivity, cost ratios, and resource utilization.Ensure efficient coordination with internal support teams—Operations, Credit, Collections, IT, and HR—to streamline processes and enhance customer satisfaction.Team Leadership
Lead, mentor, and motivate a team of Sales Managers and Relationship Managers to achieve set targets.Drive performance reviews, goal setting, and capability building across the team.Identify training needs and facilitate skill development in line with business requirements.Foster a culture of accountability, ethics, and customer centricity.Stakeholder & Channel Management
Build and manage relationships with key stakeholders including DSAs, builders, and internal departments.Ensure regular communication with zonal leadership to report progress, highlight risks, and recommend improvements.Represent the region in strategic reviews and cross-functional discussions.Desired Experience
8–10 years of experience in secured lending / LAP sales within NBFCs or banks.Minimum 3–5 years in a team leadership role managing multi-branch or regional sales operations.Strong understanding of Loan Against Property (Prime segment), credit processes, and risk management.Proven track record in achieving business and profitability targets.Exposure to working with multiple channels, including DSA and direct sourcing.In-depth knowledge of competition, local market dynamics, and customer profiles in the Mumbai region.Qualifications
Graduate / Post-Graduate (MBA preferred) in Finance, Commerce, or Business Management.Key Skills :
Business development & channel managementLeadership & team buildingCredit and risk awarenessAnalytical & decision-making abilityStrong communication & stakeholder management skillsKey Performance Indicators (KPIs) :
Regional disbursement and yield targetsPortfolio quality (PAR, NPA levels)Team productivity and retentionProfitability and cost efficiencyChannel partner activation and engagement