Job Description

Shram Sarathi

Position: General Manager (Strategy & Innovation)

Location:   Udaipur, Rajasthan

Shram Sarathi is a specialized financial institution providing financial services, counselling and guidance to migration-dependent workers and households. Through a range of innovative products, Shram Sarathi offers credit, emergency financing, financial fraud protection and advisory services to migrant workers and their families. It works directly in tribal regions of South Rajasthan and operates within the larger ecosystem of migration support offered by the Aajeevika Bureau. Aajeevika Bureau is a public service organization committed to protecting the rights and well-being of informal, migrant workers and their communities. You can read more about us here: https://www.shramsarathi.org/

In order to fuel its diversification plans across financial product and services Shram Sarathi is seeking to immediately recruit a development finance sector professional to the position of General Manager (Strategy and Innovation). We are seeking highly capable and committed individuals who want to be part of a unique social enterprise which deploys finance as a tool for empowering rural households to slide out of poverty.

ROLE AND RESPONSIBILITY

The GM (Strategy and Innovation) will join the senior management team of Shram Sarathi and s/he is expected to undertake the following roles:

Designing innovative financial products for rural households to improve consumption financing, asset creation and livelihood opportunities among wage labour dependent communities.

Conceiving and designing digital financial services; Assembling distribution platforms for migrants in both rural and urban locations.

Periodic data analysis, industry analysis and management of financial systems.

Strategizing and providing management advise based on financial data analysis and forecasting derived from operations.

Spearheading process improvements in Shram Sarathi’s operations; Formulating, implementing and monitoring a business plan and growth strategy for financial services.

Pursuing industry partnerships to diversify our product suite (particularly banks, financial institutions and fintech platforms), forming liaisons and cultivating funding relationships;

Working closely with the CEO and Board of Directors in creating strong governance structures and regular monitoring of legal compliances.

Participating in Shram Sarathi’s fund raising and representation to investors and lenders with a view to enabling long term sustainability of Shram Sarathi’s operations

QUALIFICATIONS, SKILLS AND COMPETENCY

A post-graduate degree in finance, economics, commerce, management or allied disciplines with strong skills in finance, business projection and data analytics

At least 7 years work experience in the field of financial inclusion, financial services, product design, strategy and business development roles.

Management/ leadership experience with proven ability to engage and mentor people and teams.

Ability to travel to rural areas and engage sensitively with rural communities and teams. Experience of work with financial institutions located in rural, tribal areas will be a strong plus.

Superior spoken and written communication and presentation skills. Prior experience in fundraising is highly desirable.

REMUNERATION

Shram Sarathi’s salary offer to the selected candidate will be reasonable and in line with its value orientation as a non-profit organisation and its mid-size scale as a financial institution. We are able to offer salary in the range of INR 8 - 10 lakhs depending on experience and merit. We welcome applications from finance professionals willing to go beyond financial consideration as a main criterion for their making their career moves.

APPLICATION REQUIREMENTS

Please send your latest CV/ Resume with a covering letter stating clearly why you consider yourself suitable for the position of General Manager (Strategy & Innovation). Please include names of two referees who may be contacted for discussion on the suitability of your candidature. It would also be helpful if applicants can mention their current drawn salary in the covering letter. CVs received without a covering letter shall not be considered. Complete applications must be mailed to jobs@shramsarathi.org by April 15th, 2024.   

About Company

All Jobs posted by: Rajasthan Shram Sarathi Association (RSSA)