Assistant Manager

L&T Finance; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

L&T Finance is seeking a result‑oriented professional to lead Operational Excellence, branch expansion, and vendor management across multiple regions. The role encompasses site surveys, property acquisition, approvals, and governance, with strong emphasis on cost control and compliance.

You'll collaborate with design vendors, monitor infrastructure projects, oversee handovers, and manage POs, inventory, and ESG approvals to ensure timely, high-quality branch rollouts.

Qualifications

• Graduation completed; 3–5 years of admin experience in NBFC/bank.
• Experience in end-to-end branch lifecycle and governance.

Responsibilities

• Site surveys and feasibility checks for proposed locations.
• Identify and finalize properties in high-visibility financial areas.
• Prepare Premises PPTs and DAS notes; obtain approvals from senior management.
• Coordinate with Legal for TSRs and lease drafts.
• Collaborate with design vendors for space planning and brand standards.
• Monitor infrastructure projects for quality, safety, and standards.
• Manage handover of branches to Business and Admin teams, including ESG approvals.
• Oversee renovation and upgrading of existing branches to maintain quality.

Skills

Branch expansion

Education

Graduation

Job description

Role & responsibilities

1. Operational Excellence & Branch Expansion

• Site Strategy: Conduct site surveys and technical feasibility checks for all proposed locations to ensure alignment with organizational requirements.
• Property Acquisition: Identify and finalize properties in high-visibility, competitive financial areas while maintaining budgeted rental rates.
• Approvals & Documentation: Prepare detailed Premises PPTs and Project Committee (PC) notes. Facilitate approvals through the Digital Approval System (DAS) with senior management and business stakeholders.
• Legal Liaison: Coordinate with the Legal team to ensure Technical Suitability Reports (TSR) and lease agreement drafts are cleared and compliant.

2. Service Excellence & Project Management

• Space Planning: Collaborate with design vendors to create office layouts that optimize space utilization, safety, and brand standards.
• Project Execution: Monitor ongoing infrastructure projects to ensure they meet company standards for material quality, finish, and safety.
• Handover Management: Manage the transition of completed branches to the Business and Admin teams, including ESG approvals and formal branch announcements.
• Upkeep: Oversee the renovation and upgrading of existing branch fit-outs to maintain a high-quality service environment.

3. Budget & Cost Management

• Financial Planning: Prepare annual Capex budgets for new expansions, relocations, and major renovations.
• Statutory Compliance: Forecast budgets for rates and taxes, including government statutory taxes, Property Tax (PT), and consultation charges.
• Cost Control: Monitor spends against approved budgets to ensure zero cost overruns and implement effective cost-management strategies.

4. Vendor & Material Management

• Onboarding: Empanel reputed vendors and establish item-wise rate contracts within the system.
• Performance Monitoring: Conduct regular site visits to audit vendor performance and material quality.
• Procurement Workflow: Manage the Purchase Order (PO) lifecycle, issuing 80% upon approval and the remaining 20% based on actual work completion.
• Inventory Control: Maintain site registers to track material entry and inventory during the execution phase.

5. Team Leadership

• Mentorship: Guide the zonal team in executing infrastructure work efficiently.
• Resource Allocation: Manage project timelines and resources to ensure successful delivery across multiple geographic regions.

Preferred candidate profile

Any graduate with 3 to 5 years of experience in the Admin team involved in working on the end to end lifecycle of branch expansion preferably from an NBFC/Bank.