CEO

Terms of Reference for CEO appointment

Educational Background and Work Experience

·         Management Degree from a reputed institution

·         7- 10 years Experience out of which atleast 3 years of experience in Micro Finance.

·         Preferred area of expertise - Investment Banking, Micro Finance and/or Consulting.

·         Demonstrated track record in leadership, mentoring, team building and motivating.

Skills set required:

 

·         To contribute to and carry out the strategic plans and policies for  rapid growth.

·         Willingness to set goals for self and be accountable for results.

·         Strong interpersonal communication, Business promotion and networking skills.

·         Commitment to prove oneself and high calibre leadership quality.

·         Technology savvy, pleasant mannered, good presentation skills to attract stakeholders and investors.

·         Ability to spot business opportunities, assess sensitivities and sectoral trends.

Compensation

·         A competitive remuneration package comprising of salary, bonus, and stock options will be offered to the right candidate.

·         Performance will be benchmarked against agreed-upon milestones related to business building initiatives and Company Performance.

Responsibilities

·         To position “Apt Source” as the sector leader in the Microfinance consulting space.

Reporting

The position would report to the Board of Directors.

 

We offer a challenging work-profile and competitive compensation structure based on qualification and experience. Send in your updated CVs to aptsource@gmail.com with Job title mentioned in the subject line.



Microfinance Management Consultants
Job responsibilities:
  • Advise MFIs on all aspects of strategic and operational development, including credit operations, risk management, human resource management etc.;
  •  Provide recommendations and guidance in strengthening the corporate governance;
  •  Provide support to the senior management in defining and implementing strategic plans;
  •  Develop relevant governance policies and procedures, marketing and business plans;
  •  Review and improve financial, controlling and risk management tools, and reporting procedures;
  •  Provide support in the development and streamlining of effective rural lending procedures;
  •  Implement innovations in marketing, human resource management and business process optimization.

  • Qualifications
  • Minimum 10 years of relevant experience in financial sector and at least 5 years in rural MFIs
  • Experience in developing and implementing microfinance product and procedures, financial and risk management tools, staff recruitment and training.
  •  Demonstrated ability in long-term strategic planning and business plan development.
  •  Extensive experience in setting up corporate governance structures for MFIs.
  •  Experience in developing and installing credit operation, risk management policies and practice in rural financial institutions.


    We offer a challenging work-profile and competitive compensation structure based on qualification and experience.Send in your updated CVs to aptsource@gmail.com with Job title mentioned in the subject line.


  • Micro Finance Training coordinators
    Job responsibilities:
    The incumbent will be required to assess and consolidate training needs of MFI practitioners (boards, management, and staff) on MFI governance, accounting, information systems, credit policies and procedures, risk assessment tools, and regulatory and reporting requirements, etc. They need to develop a training plan and coordinate to engage local microfinance training entities in delivering practical training courses tailored to the training needs identified, and to enhance the training capacity of existing local training entities for sustainability. They are supposed to provide individual training and day-to-day support catered to meet specific training requirements of the pilot MFIs, including on-the-job mentoring of board members, managers, and staff in all aspects of microfinance operation, as necessary. They are also supposed to prepare progress reports of above mentioned activities. They also need to ensure that training modules and training curricula are standardized and consistent with microfinance best practices, sustainable operation, and outreach to the poor. 

    Qualifications
  • A postgraduate degree in banking or finance or a development-related subject
  • At least 7 years recognized professional experience in the areas of training, microfinance, and project management
  •  Prior microfinance training experience is required


  • Management professionals
    We are looking for young and dynamic MBAs to be part of our consultancy team. The incumbent will be required to provide consultancy to MFIs/SMEs on strategy, business models, business plans, presentation pitches and delivery channels. The job involves extensive travel.

    Qualifications
  • MBA from a premier B-School
  •  Good documentation and presentation skills is a must
  •  Commerce/economics/statistics graduates will be preferred
  •  Understanding of financial markets and ability to analyse financial statements will be a plus
  •  2-5 years’ experience in consultancy/sales/marketing with an NBFC/Bank


  • Finance Professionals
    We are looking for the finance professionals to be part of our microfinance consultancy team. The incumbent will be required to provide consultancy to MFIs/SMEs on book-keeping, MIS, internal controls and financial management. The job involves extensive travel. 

    Qualifications
  • B Com/M Com/ CA/CA (Inter), ICWA/ICWA(Inter)/MBA
  •  Must have good command over written and spoken English
  • Experience in Audit of financial companies/banks will be an advantage
  • Understanding of financial markets and ability to analyze financial statements will be a plus
  • 2-5 years’ experience in accounts/ finance/ MIS/ audit



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    Growing Opportunity appreciates the level of knowledge and expertise that AptSource brings to the social development sector and its unique contributions to the Micro Finance field.  We have found the advice and services of AptSource to be sage and timely and delivered in a way that improves our strategic decision making processes.  Growing Opportunity will continue to rely on AptSource for professional and well founded insights directly related to the Micro Finance field as well as to the overall management of the Company. 

     Mr. James Reiff

     CEO & Managing Director

    Growing  Opportunity

    Finance (India) Pvt Ltd.





    Apt Source has been instrumental in the formation of Belstar as an NBFC. They have not only lent their support to us right from day one but also helped us in scaling up . They have been a mentor to us and they have been easily approachable as and when required. We look forward to a long and fruitful association with them. 


    S.Swaminathan
    CEO
    Belstar Finance and Investments Pvt. Ltd.



    Wish Aptsource the very best in all its future endeavours;

    Eversince Apt Source came into existence it has been striving to support the Micro Finance Sector with a bevy of services from its basket. The enthusiasm and zeal of Mr. Balasubramanian and Mr. Nagarajan is well harnessed into the combined efforts of Apt Source.

    Hemantha Kumar Pamarthy
    Managing Director
    Hand in Hand Micro Finance Limited
    Chennai




    Apt Source has helped in registering the company under section 25 of Companies Act in record time. They were instrumental in putting up proper legal and regulatory norms by guiding us on a continuous basis including taxation matters.                    

    K.P.Kasturi
    Managing Director
    Helping Hand Micro Finance Services


     
     
     
     
     
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