Job Description: Manager - Lender Relationship.
Flexmoney’s mission is to “Simplify, Sachet-ize and Democratize Consumer Credit” for the
mass-market Indian consumer. Flexmoney enables banks and trusted lending partners to
offer lender-branded, instant consumer finance/ EMIs at point of sale. Flexmoney owns and
operates InstaCred TM , the largest BNPL network of online merchants and lenders with over
25Mn+ pre-approved user credit lines from multiple lending partners and over 3000+ top
marquee online merchants. We provide the technology infrastructure and point-of-sale
merchant network distribution as a “Plug and Play” proposition to banks and NBFCs.
Lending partners can offer lender-branded, frictionless, point of sale purchase credit to any
consumer via a “Plug and Play” integration. Merchants enable our payment mode to
provide shoppers with an instant, “Cardless” credit payment option at checkout.
Job Role:
To work with exiting lender clients to increase revenue and Customer satisfaction.
Location: Mumbai
Key Responsibilities:
1. Building the business plan for each account
Budgeting for the lenders including increase in customers by channel and increased.
revenue with each lender
2. Fulfilment of the targeted business volumes for each lender
Achieving the targeted business revenue number for each account.
Retention of existing lenders and increasing business through them
Create opportunities to maximize penetration via cross sell and upsell in each of the
Lender account
Deliver the portfolio development target per lender.
3. Relationship management of the lender
Tracking weekly numbers and success of the campaigns for the lenders with regular
MIS reporting
Monthly lender scorecard (comparison of industry data and where lender can
increase business traction) and tracking health of the account with multiple stakeholders therein.
Increased customer satisfaction with the stakeholders with references, video bytes
and joint events
Engage with lenders as per contact plan and work on further deepening the
relationship in terms of product penetration, additional channels to onboard
customers on to the platform
The objective is to work towards business growth for the stakeholders of the lender.
account which will translate to increased revenue for Flexmoney
4. Compliance to sales processes and regulatory requirements
Regular heatmap of the lender relationships that need to be regularly managed.
Work with internal stakeholders and facilitate integration and Portfolio.
enhancement
Adherences to sales processes including CRM and other regulatory requirements.
The job holder must ensure he /she is fully aware of all the Compliance policies and
procedures issued in relation to the various types of lenders.
Knowledge/Skills/Behaviour:
3 - 5 years of experience working with Fintech companies with B2B enterprise.
product offerings in managing relationship with Banks and / or NBFCs in capacity of
Account Manager or Relationship Manager
Strong negotiation and customer relationship management skills. Able to do the
balanced task of promoting customer satisfaction within FM and grow FM revenue
with the customer
Good communication and presentation skills
Post-graduate degree in business management is preferred.