Priority Sector Lending Manager

We are seeking an experienced and highly skilled Priority Sector Lending Manager to join a leading bank in Mumbai. This critical role involves overseeing the bank's Priority Sector Lending (PSL) strategy, ensuring regulatory compliance, and driving performance within the PSL Group. The ideal candidate will possess a deep understanding of RBI guidelines and a proven track record in managing large-scale lending portfolios.

Key Responsibilities

• Manage and refine the bank's Priority Sector Lending strategy, policies, and internal compliance frameworks.
• Interpret and apply RBI circulars and Master Directions pertaining to Priority Sector Lending (PSL) and MSME sectors.
• Monitor and analyze PSL targets, performance metrics, and sector-wise achievements to identify areas for improvement.
• Prepare comprehensive regulatory reports, performance dashboards, and impactful presentations for senior management and stakeholders.
• Coordinate effectively with various business teams to facilitate seamless PSL implementation and ensure ongoing compliance across all operations.
• Develop and implement innovative approaches to enhance the bank's PSL portfolio growth and impact.
• Stay abreast of evolving regulatory landscapes and industry best practices related to Priority Sector Lending.

Requirements

• Minimum of 5 years of progressive experience in Priority Sector Lending within a banking or financial institution.
• MBA or CA qualification from a recognized institution.
• Profound knowledge of RBI guidelines, regulations, and reporting requirements for PSL.
• Strong analytical and problem-solving skills with the ability to interpret complex data.
• Excellent communication and presentation skills, capable of conveying intricate information clearly.
• Demonstrated ability to work collaboratively with cross-functional teams and influence stakeholders.
• Proven track record of managing and achieving lending targets in the priority sector.

What We Offer

• An opportunity to lead and shape the Priority Sector Lending strategy for a prominent bank.
• Competitive salary and benefits package.
• A dynamic and supportive work environment.
• Opportunities for professional growth and career advancement.