TERMS OF REFERENCE
Position: Financial Inclusion Officer
Location: Karnataka

About Vrutti

Vrutti is a Centre for Sustainable Livelihoods, committed to enhancing people’s well-being through knowledge, innovation, and transformative actions. Our mission is to create scalable solutions that eliminate inequities and marginalization while generating wealth for the underserved. We strongly believe that a dynamic, responsible private sector, combined with synergistic relationships between communities, civil society, and public bodies, is crucial for ensuring equity. Our approach includes developing market-based development models, fostering entrepreneurship, and nurturing strategic partnerships for large-scale impact.

Role Overview

The Financial Inclusion Officer will be responsible for developing and implementing strategies to enhance financial inclusion among farmers and rural entrepreneurs. This role involves facilitating access to financial services, building capacity in financial literacy, and strengthening linkages between Farmers Producer Companies (FPCs), financial institutions, and other stakeholders.

Key Responsibilities

• Develop and implement financial inclusion strategies for FPCs and rural communities.
• Facilitate access to credit, insurance, and other financial services for smallholder farmers.
• Build partnerships with banks, microfinance institutions, and fintech companies to enhance financial access.
• Conduct financial literacy programs and capacity-building workshops for FPCs and rural entrepreneurs.
• Assist FPCs in developing business plans and securing financial support.
• Monitor and evaluate financial inclusion initiatives to assess impact and scalability.
• Identify risks and challenges related to financial inclusion and develop mitigation strategies.
• Ensure compliance with financial regulations and institutional policies.
• Work closely with internal teams and external stakeholders to promote inclusive financial systems.

Qualifications & Experience

• Postgraduate degree or MBA in Finance, Rural Management, Economics, or related fields.
• 3-5 years of experience in financial inclusion, banking, microfinance, or rural finance.
• Strong understanding of rural credit systems, financial products, and digital financial services.
• Proven track record in developing financial strategies and building institutional partnerships.
• Excellent communication, analytical, and stakeholder management skills.
• Willingness to travel extensively to project locations and financial institutions.

Compensation

• As per industry standards and candidate’s current CTC.

Application Process

Interested candidates can send their CVs to [email protected]

Deadline: 01-Sep-2022