Mahindra Finance campus recruitment
placement
Dear all,
We will be hosting Mahindra Finance Campus recruitment process shortly.
Please find below the trailing mail from HR about Mahindra Finance campus connect,
The eligibility details are shared below.
Interested students can nominate your names to the student placement team on or before 8th of December .
Mahindra Finance is a company with a strong foundation and a shining legacy, growing everyday to Create a legacy of our own. We are a part of the Mahindra & Mahindra Group, a US $16.9 billion Conglomerate. Mahindra Finance is one of India’s leading Non-Banking & Finance Corporation focusing on rural & semi-urban India.
With over 20,000 + people working across 1172 + branches in India, the Mahindra Finance Group has grown with each passing year, met targets, exceeded expectations and in the process created wealth for our shareholders.
At Mahindra Finance, we recognize that every individual has varied needs and aspirations and to fulfill the same we provide various opportunities in Vehicle Loans, Insurance Broking, Home Loans, Mutual Funds, Commercial Vehicles Finance, Construction Equipment Finance & SME Finance.
At Mahindra Finance we believe in giving employees support as well as the freedom to explore undiscovered terrain and implement new ideas. Each of them has the opportunity to build the organization’s future as well as their own.
A career at Mahindra Finance is full of challenging experiences with each experience contributing to the growth of the individual and the organization. Our objective is to combine great talent with exciting opportunities to build our business. Our business model also encourages entrepreneurial thinking and growth of the employees at every level. We have strategically expanded our business in Housing Finance, Mutual Funds, Insurance Broking, Personal Loans, Fixed Deposits, SME Financing, Commercial Vehicle Finance and Construction Equipment Finance.
We look for candidates who are bright and hardworking, but other leadership qualities are just as important. We need people who are strategic, results-oriented thinkers who thrive on teamwork. We are dynamic and rapidly growing; we need young, innovative leaders to take us into new territory.
We hire people who are passionate about what they do, who want to make a difference in the lives of
our customers, and who live our brand pillars of accepting no limits, thinking alternatively, and driving
positive change.
Our Employment Value Proposition:
At Mahindra Finance,
· Growth is a Way of Life
· Employees are Empowered &
· People Matter
Selection Process:
The selection process starts with the applicants filling the application forms and appearing for the
Aptitude tests.
Thereafter, students who clear the aptitude tests participate in the Group Discussions. Students who clear the Group Discussions, will undergo Panel Interviews by senior leaders in the Organization.
All those students who clear the Personal Interview will be sent links online for Psychometric Tests.
Selection of candidates will be intimated at a later date.
The process aims at gaining insight into candidates’ soft skills, interpersonal skills, and personality to enable us to identify the Right fit . Interviews are held with our Human Resources and Business teams.
Job Profile:
The Management Trainees will undergo a rigorous 6 month curriculum to learn the fundamentals of all the verticals and thereafter seek On the Job training. At the end of every project, the Management Trainees are expected to deliver a Project Report and a checklist of deliverables as per the format prescribed by the Mentor. This will be accounted for during their Final assessment.
The Business Verticals are as under:
Operations
· Auto Division
· Farm Equipment Loans
· Light Motor Vehicle
· Direct Marketing
· Commercial vehicle
· Refinance
Small and Medium Enterprises
· Retail Business
· Business Enterprises – Food and Agri
At the end of 6 months, they are assessed on various parameters for probation confirmation.
Compensation:
A competitive compensation structure is designed for all the Management Trainees of the Campus
Connect program as per the salary slabs at grade L8O , the details of the compensation are as follows:
Gross Fixed Annual CTC | 400000 |
Performance Pay* | 80000 |
Retention Bonus ** | 120000 |
Total Annual CTC | 600000 |
Note:
• *Performance Pay is paid after 6 months, post confirmation and successful completion of the Project.
• ** Retention Bonus - At the end of 1st year a one time ‘Retention Bonus’ of Rs. 1,20,000/- would be paid to the Management Trainee provided he / she is rated at ‘S’ and above in the appraisal.
• At the end of the second year , an amount of Rs 1,20,000 will be merged with the current CTC of the Management Trainees there after, provided he/she is rated at S+ or ES in the appraisal .The total CTC Ratio would be further divided into 80:20 Ratio of fixed :Variable .
Points to Note:
All applicants must be flexible for relocation at the time of selection since vacancies exist across various
locations across the country.
Offer Letters will be released to all selected candidates at a later date.
Joining Date with us will be in June-July 2017. Exact Dates will be communicated at a later date.
Basic Norm:- Only Arts & Science Graduates.
Percentage of 60% & above in UG/PG.
At Mahindra Finance we know that it’s our People who have led us towards success and we would like to
invite you to be part of this legacy, because, People Matter to us !
Regards
Shivaraj G
placement
We are considering engineering graduates also for this profile .
If you are interested nominate your names to the student placement team before 2.00pm, today .
Regards
Shivaraj G
