Job Description: FOS - Retail Assets- [Housing Loan]
Position
Executive -FOS - Retail Assets [Housing Loan]
Department
Home Loan
Reporting to
Regional Head / Head of Home Loan
Position Purpose
As a FOS you will play a strategic role in the Builder Relationship team within the open market of your designated geography or area. Your primary responsibility will be to identify new projects, manage builder relationships, approve projects, and focus on Housing Loan and Secured Loan products (LAP). You will provide valuable insights for business growth, establish financial objectives, and ensure compliance with financial regulations. Your efforts will be critical in the growth of the Home Loan business and financial success in alignment with the company’s growth plans.
Educational Qualification
The candidate must hold any graduation from a university recognized by the Govt. of India/Govt. bodies/AICTE.
Experience
He should have a minimum of 2-3 years of experience in the banking / financial services sector with at least 2+ years of experience in the field of Retail Assets focusing on Housing Loan & Secured loans (LAP). Specially in builder market
Roles and Responsibilities
Identify New builder Projects:
Actively search for and identify potential new projects within the assigned geography/area.
Develop and maintain a pipeline of prospective projects.
Relationship Management:
Establish and nurture strong relationships with builders and developers.
Liaison with TOP builder projects of the Location
Act as the primary point of contact for builders, addressing their needs and concerns.
Conduct regular meetings with builders to understand their project plans and financial requirements.
Visiting approved project sites on regular basis for organising camps / activity on holidays for lead generation.
Project Approval:
Evaluate and approve projects for funding based on established criteria and due diligence.
Familiar on Legal and Technical documentation and process of the location.
Coordinate with the underwriting / processing team to ensure timely project approvals.
Focus on Housing Loan and Secured Loan Products:
Promote and sell housing loan and secured loan products to potential customers.
Develop strategies to increase the market share of these products.
Visit other project in assigned area for more business penetration.
Financial Objectives:
Provide market insights and analysis to support business growth.
Establish and achieve financial targets for the assigned period.
Maintain report on the visits, lead
Skills Required
- Graduate from a university recognized by Govt. of India/AICTE
- 2-3 years banking/financial services experience with at least 2+ years in retail assets (housing loans and LAP), especially builder market
- Experience identifying new builder projects and managing builder/developer relationships
- Familiarity with legal and technical documentation and local project approval processes
- Ability to conduct regular site visits, organize lead-generation camps, and maintain visit/lead reports
What We Do
IndBank Global Support Services Limited (IGSSL) is a wholly owned subsidiary of Indian Bank that provides support and outsourcing services for banking operations. Incorporated in 2024, it covers retail assets, retail liabilities, agricultural assets, and MSME segments, initially focusing on home, mortgage, and vehicle loans. Its activities include product sourcing, collections, and planned call-center, back-end processing, and administrative support for Indian Bank.
