Repco Home Finance Invites Application for Executive or Trainee Recruitment 2022

Vacancy Circular No:

Repco Home Finance Limited (RHFL) invites applications for recruitment of Executive or Trainee

Executive or Trainee

Number of Vacancy: 1 Posts

Educational Qualification: Any Graduate

a) Position: Executive/ Trainee

b) Location: Andhra Pradesh & Telangana (Various Locations)

c) Profile: For Executive/ Trainee: Overall branch operations including business sourcing and recovery.

d) Eligibility:

1. Age not exceeding 25 years as on 01-04-2022, (relaxation generally up to 30 years can be considered based on commensurate, relevant prior experience).

2. Preference will be given for experience in HFCs/ Banks/ FIs in Home Loan.

3. Any Graduate preferably B Com (necessarily preceded by SSLC (or equivalent) and HSC/ Diploma) with minimum 50% marks from a UGC recognized University. Graduates from Open University will not be considered.

4. Fluency in Telugu (read, write & speak) besides English is must while working knowledge of Hindi will be an added advantage.

5. Eligible candidates of Repco Group of institutions (other than RHFL), NOC from the Competent Authority have to be obtained before applying for the above position.

6. Early joining will be preferred.

7. Candidates (external) having pending disciplinary action against them at the time of applying for the position or having been punished under disciplinary proceedings in last 5 years will not be considered eligible. All appointments are subject to satisfactory reference / background verification.

8. No request for transfer would be considered for a period of 3 years.

9. Candidates terminated by any previous employers are not eligible to apply.

10. Ex-Employee of RHFL not eligible to apply.

11. RHFL Internal candidates are not eligible to apply.

e) Job Description:

1. Assist the branch in the day-to-day operations including the sourcing and processing of home loan applications, customer interaction and sanctions/ disbursements/ recovery/ House Keeping/ etc.

2. Participation in external work like marketing of Company products, verification of customer KYC & other documents, coordination with panel advocates/ valuers, inspection of properties, visiting sub-registrar’s office, banks etc.

3. Handle accounting and back end/data operations (cash entry, bank entry in the system), Documentation, Register Maintenance, etc. independently.

4. Maintenance of the Branch-Administrative work.

5. Nature of work will include marketing/recovery activities, which mainly involves extensive travel on daily basis.

6. All recovery operations under the guidance of concern Reporting Officer/ Recovery Department of RHFL Corporate Office.

7. To monitor collections and manage effectively the receivables and achieve the targets set for recovery/ NPA.

8. Timely achievements of Recovery targets and prompt reporting to the dealing official.

9. To ensure prompt and best client service.

f) Pay & Perquisites:

A) Executive (on roll) Monthly Gross Pay including Meal Card starting from Rs.21000/- per month + Variable Performance Incentive & Perquisites as per extant policy of the Company. However, experienced candidate would be compensated suitably as per market norms and Management discretion, based on prior experience and performance in the selection process.

B) Probation: 1 year (extendable based on performance)

C) Trainee (off roll) Starting fixed stipend would be Rs. 9500/- per month (variable based on location and previous experience) plus Meal allowance and performance incentive (variable, based on performance). The period of Training will be one year (extendable based on performance) and subject to the following conditions:

i) The engagement is purely as a Trainee and it will not entitle the trainee to any permanent employment / regular job in this Company during or after completion of contract period or to any of the benefits/ privileges available to the regular staff members of the Company. It is expected that the trainee would reside near the place of posting so that commuting would not hinder daily activities. During the training period, the trainee may be transferred to any branch within 100 kms from the place of posting, based on business exigencies/training need.

ii) However, after completion of training, if the performance is found satisfactory, the trainee will be given suitable opportunity for regularization under suitable cadre under the extant rules & regulations of the Company.

iii) During the period of training if the Company feels that trainee is not capable of continuing the training, the Company may at its discretion terminate the training at any point of time without assigning any reason and without any prior notice.

g) Key Competencies Required: Good communication skill - verbal and written. Negotiation skill. Interpersonal skill, leadership qualities and team management. Multitasking ability. Planning and organizing skill. Target orientation. Proficiency in MS Word/ MS Excel/ MS Powerpoint