How much salary can I expect as a Business Head - Consumer Durables Finance in Muthoot Fincorp Limited in undefined?

You can expect a minimum salary of 0 INR. The salary offered will depend on your skills, experience and performance in the interview.

What is the eligibility criteria to apply for Business Head - Consumer Durables Finance in Muthoot Fincorp Limited in undefined?

The candidate should have completed undefined degree and people who have 12 to 20 years are eligible to apply for this job. You can apply for more jobs in undefined to get hired quickly.

Is there any specific skill required for this job?

The candidate should have undefined skills and sound communication skills for this job.

Who can apply for this job?

Both Male and Female candidates can apply for this job.

Is it a work from home job?

No, it’s not a work from home job and can’t be done online. You can explore and apply for other work from home jobs in undefined at apna.

Are there any charges or deposits required while applying for the role or while joining?

No work-related deposit needs to be made during your employment with the company.

How can I apply for this job?

Go to the apna app and apply for this job. Click on the apply button and call HR directly to schedule your interview.

What is the last date to apply?

The last date to apply for this job is . For more details, download apna app and find Full Time jobs in undefined . Through apna, you can find jobs in 74 cities across India. Join NOW

Business Head - Consumer Durables Finance

Muthoot Fincorp Limited

Chennai

Not disclosed

Work from Office

Full Time

Min. 12 years

Job Details

Job Description

Business Head-Consumer Durables

ROLE SUMMARY (PURPOSE)

The Business Head of Consumer Durables (CD) will be responsible for building, scaling and leading a differentiated consumer finance business focused on converting declined consumer durable loan customers into secured gold-backed consumer loans. This role will create a strong alternate lending proposition for customers with weak or impaired credit profiles by leveraging gold as collateral, thereby enabling competitive pricing, superior approval rates, and controlled credit risk.

As a business head, the incumbent will own the complete P&L of the Consumer Durables Loan channel, including strategy, distribution, product design, partnerships, credit outcomes, and customer experience. The role will oversee nationwide empanelment of retail consumer durable outlets, integration with point-of-sale ecosystems, and seamless coordination with gold loan operations (branch business) to deliver a fast, compliant and customer-friendly journey.

KEY RESPONSIBILITIES

Business Strategy and P&L Ownership	Define and execute the overall strategy for the Consumer Durables Loan business as a distinct SBU within the organization Own revenue growth, profitability, portfolio quality, and cost efficiency for the CD channel Develop short-term and long-term business plans aligned with enterprise distribution and growth priorities Establish clear success metrics including disbursals, activation rates, conversion from declined customers, yield, and delinquency performance
Product Design and Proposition Development	Design and continuously refine a secured consumer loan proposition using gold as collateral Ensure competitive pricing, simple structures, transparent charges, and strong customer value proposition Work closely with Product, Credit and Risk teams to align loan eligibility, LTV norms, tenure, and pricing logic Drive innovation in product bundling, repayment options, and cross-sell opportunities
Retail Outlet Empanelment and Distribution Expansion	Lead nationwide empanelment of consumer durable retail outlets, electronics chains, and local retailers Build scalable onboarding, training, and performance management frameworks for empaneled outlets Establish partner economics, incentive structures, and service-level expectations Ensure deep penetration across Tier 1, Tier 2 and Tier 3 markets
Customer Acquisition and Experience	Create a frictionless point-of-sale customer journey for customers declined by traditional consumer finance lenders Ensure fast credit decisioning, seamless gold collateralization, and quick disbursement Collaborate with Operations and Technology teams to digitize onboarding and reduce turnaround time Drive high customer satisfaction, repeat usage, and referral-led growth
Credit, Risk and Portfolio Quality	Partner with Credit and Risk teams to manage portfolio health while scaling volumes Ensure strong controls on gold valuation, custody, and liquidation processes Monitor delinquency trends, early warning indicators, and corrective actions Maintain balance between growth ambition and prudent risk management
Team Building and Leadership	Build and lead a high-performing team across sales, partnerships, operations, and analytics Establish clear performance goals, accountability frameworks, and capability-building initiatives Foster a strong culture of ownership, customer focus, and execution excellence

KEY INTERACTIONS

Internal Stakeholders	External Stakeholders
SBU Heads Operations & Change Management Product, Technology and Digital Teams Marketing Credit, Risk and Compliance Teams Finance and Legal	Retailers and Electronic Chains POS technology partners and aggregators Valuation and collateral management partners Customers and channel partners

KEY SKILLS & BEHAVIOURAL ATTRIBUTES

Strategic thinking with ability to balance growth and risk.
Deep expertise in credit underwriting, portfolio management, and risk analytics.
Strong leadership, communication, and stakeholder management skills.
Tech-savvy with exposure to digital lending, fintech partnerships, and advanced risk modeling.
People Skills – Emotional Intelligence and Resilience
Behavioral Attributes- Driven and in alignment with our Purpose “Transforming the life of the common man by improving their financial well-being” and anchored by our core value of integrity, collaboration, and excellence.

EDUCATION / EXPERIENCE

12 to 20 years of experience in consumer finance, retail lending, or secured lending businesses
Prior experience in building or scaling consumer durable loans, POS finance, or alternate lending models
Proven track record of P&L ownership and channel-led growth
Exposure to working with retail partnerships and multi-city distribution networks
Experience in gold loan, secured lending, or high-risk customer segments will be a strong advantage
Minimum bachelor’s degree in commerce, Economics, Engineering, or equivalent. MBA or Postgraduate degree in Management, Finance, Banking, or related discipline from a reputed institution, would be preferred for this role