India’s financial sector is going under rapid expansion with the government policies, FDI regime and increased domestic and foreign investments. NBFC (Non banking financial services) sector has been creating job opportunities in Tier II and Tier III cities. They have been recruiting top talent from rural and semi urban areas for the roles of sales, operations, credit and recovery. These days there is a great demand for the profiles of sales, recovery and credit underwriting. Even though the demand is more for the game changing roles such as HR and IT functions which are considered as the building a state of the art business model and getting the right people.
Analytics is another profile which demands more in the finance sector. NBFC is creating great job opportunities for the candidates who have analytical skills to focus more on business, customer and portfolio analytics to help management take strategic decisions. Candidates should know the requirement in detail to get shortlisted for the job profile. Hiring managers assess a candidate ability through role compatibility, domain knowledge and their flexibility aspects to know whether the candidate is able to deploy anywhere as per their requirement.
Candidates with good attitude and collaboration skills are preferred more than a candidate with domain knowledge and other skills. To meet the hiring needs of NBFCs are aggressively hiring the candidates from other industries like sales professionals from FMCG to perform retail finance product marketing and financing with training and development initiations. However, for a sales role in construction finance/SME, the candidate should be able to understand balance sheets to estimate the health of the business of the applicant. Apart from the above requirements, a candidate should have below five skills to stay successfully in finance sector.
Stability to network