Job Description – Regional Manager - Business lending

About Open:
The world needs a superpower that revolutionizes digital banking for small businesses and financial institutions!
That’s why we built Open - a digital banking enterprise that builds industry-defining banking products for
businesses, startups, freelancers, financial institutions and more.
We have already built several powerful forces like Open Money - the world’s fastest growing SME neobanking
platform, Zwitch - Asia’s first-ever no-code embedded finance platform, and BankingStack - a modern
cloud-native digital baking OS.
Open has been awarded the ‘Most Innovative Neo bank’ & ‘Most Innovative Digital Bank’ at India Fintech Awards
2021 & Internet and Mobile Association of India (IAMAI) respectively. But this is just the beginning of a paradigm
shift we are about to forge in the world of banking. On 3rd May 2022, Open became the 100th Unicorn of India.
Open is currently home to some of the smartest & brightest 500+ minds in the fintech space. We’re a Series D
funded startup backed by leading international funds like Temasek, Google, Tiger Global, IIFL Finance Ltd., SBI
Holdings Japan, 3one4 Capital, Speed Invest, Beenext, Tanglin Venture Partner Advisors & Angellist to name a
few.
To build and strengthen this superpower, we’re on the lookout for some extraordinary folks. Are you up for this
challenge?
Job Description – Regional Manager - Business lending

www.open.money

Our offerings:
Since our inception in 2017, we’ve launched a line of cutting-edge innovative products that are truly
disrupting the banking game.
Open.Money: Trusted by Leverge Edu, Rupeek, Aisle, Arzooo & million others, Open started out by
empowering entrepreneurs to focus on growing their business via our flagship product Open.Money. At the
heart of it is the Open business account that comes with a VISA business card & combines banking,
payments, accounting, expense management & taxes, in one place.
Zwitch: Over the last 5 years, we have realized that embedding banking to product workflows is complex.
That's why we built Zwitch - an embedded finance platform that offers API and no-code components for
banking and compliance. It empowers businesses to build and integrate banking and financial features into
any product out there!.
BankingStack: Having been deployed at over 15 banks in India, BankingStack, a cloud native SME banking
platform, has already created a dent in the current fintech space. This financial OS, empowers banks to launch
& complement their own digital banking offerings thus offering a superior experience to customers.

Experience:- 6+ years

What you will be doing:

Manage a minimum of 3 cities.
● Take ownership of the regional P&L. (going forward, P&L would be city-wise as team expands)
● Manage a team of Team leads (City leads), FOS. (Business Associates)
● Take direct report from Team/City Leads for each city.
● RMs should track and report key performance metrics of their teams → comprehensive weekly reports of team
performance. (no. of loan applications, loan eSign (sanctioned) amounts, loan disbursement amounts etc.)
● Forecast staffing needs, initiate all hiring stages and help grow, build teams across different cities.
● Report comprehensive P&L of each city to the central team on weekly/ fortnightly / monthly basis.
● Create, plan and implement strategies for creating, growing loan book in each city.
● Conduct & derive insights from market research on which major areas, industry-segments etc. to target in each city.
● Establish partnerships with associations, societies, resellers, channel partners and DSA networks etc. to grow the loan
book.
● Grow the local community for Open through Marketing.
● Optimize and improve the TAT in operations at city-level.
Experience:- 6+ years

What you will be doing:

www.open.money

● Minimum 6 years of experience.
● Core Lending Sales (Business Loans, other lending products), Market Expansion/Penetration, Business development, Team
building, P&L Management, preferably from Finance/Lending/DSA/fintech backgrounds are required.
● Have deep knowledge and expertise of the MSMEs, lending market in the geography to drive lending, other sales growth in
the defined territory to ensure maximum impact on customer sourcing, acquisition, conversion and renewals.
● Looking for dynamic leaders who are target oriented and with strong managerial skills.
● Expertise in managing a field team.
● Expertise in managing large Direct & Cross-functional Teams across geographies.
● Strong in stakeholder management.
● Inclusive and collaborative - driving teamwork and cross-team alignment.
● Strong business relationship management and solution development skills.
● Strong executive presence including communication and presentation skills with a high degree of comfort to large and small
audiences.
● Should be a Thought Leader, Target Oriented, Assertive, Focused, Honest & Hard-working.
● Good Analytical, Interpersonal & Presentation Skills. Ability to interact with any level in the organization.
What you’ll bring along:

Why work at Open?
● You will be part of the early tribe that is changing the way business banking rolls.
● Every atom of your work will impact the way millions of businesses are run.
● You will work with some of the brightest minds who will celebrate your quirks.
● You will find growth & fun to be two-way streets - how you thrive and the way you jive, in turn drives Open.