Banking, insurance, NBFC and fintech hiring across Mumbai, Thane and Navi Mumbai, from branch banking and agency sales to credit, risk, compliance and operations.
Overview
Mars Consultancy is a BFSI recruitment agency based in Mumbai, hiring for banks, insurers, NBFCs, broking houses and fintech lenders since 2015. We fill front-office sales, branch banking, credit and underwriting, risk, compliance, collections and operations roles across Mumbai, Thane and Navi Mumbai.
BFSI is our strongest sector, and it is also the one where a generalist recruiter does the most damage. A Relationship Manager on the liabilities side and one on the assets side are not interchangeable, a credit analyst who has only seen retail files cannot underwrite an SME book, and someone who has spent four years on a captive process is a different hire from someone who has carried a monthly number. Screening for those distinctions is most of the work.
Mumbai is the deepest BFSI talent market in India, which cuts both ways. There are more candidates here than anywhere else, and every one of them is being called by four other consultants the same week. Speed of scheduling and honesty about the CTC band matter more here than the size of anyone's database.
From requirement briefing to a suitable candidate closing.
For clients in Mumbai, Thane, Navi Mumbai and other Indian cities, and in the UAE.
We are paid by the companies that hire, never by candidates.
The hard part
Two candidates can both be Relationship Managers and share almost nothing. Liabilities versus assets, secured versus unsecured, salaried versus self-employed profiles, HNI versus mass affluent. Each is a different sale with a different cycle. We screen on the product and the customer segment, not the designation, so your panel does not spend the first interview discovering the mismatch.
Compliance, risk, internal audit, and anything touching RBI, SEBI or IRDAI reporting has requirements that cannot be negotiated at offer stage, the certification, the specific regulatory exposure, sometimes the exact filing a candidate has actually prepared. We confirm these before a profile reaches you rather than at BGV, where discovering it costs four weeks.
BFSI has one of the highest counter-offer rates of any sector we hire in, and the drop is worst between offer and joining. We stay in contact through the notice period, keep the reasons for the move on the table, and flag hesitation to you while there is still time to act rather than presenting a clean pipeline that quietly collapses on the joining date.
Agency channel, direct sales and collections teams hire continuously across the same catchment, so the same candidate is in three pipelines at once. Bulk drives in this sector work on throughput and follow-up rather than sourcing volume alone, getting candidates to the drive, and to the joining date, is the part that fails.
Roles
Use cases
Common shapes of requirement in this sector, and how each one is run. These are illustrative patterns rather than accounts of specific engagements.
Track record
Across India and in the UAE. Our longest record is in the Mumbai region, and these are the belts where we have hired most for this sector. For most roles below management there, travel time decides whether an offer is accepted, so we screen for it.
Talk to the sector deskHead offices and corporate functions for most large banks, insurers and broking houses.
NBFC, fintech lending and asset management head offices.
Regional sales offices, collections teams and branch clusters serving the Thane belt.
Back-office, operations and captive processing centres across Navi Mumbai.
Western-suburb branch networks and agency-channel sales teams.
Services
Who we hire for
We hire for private and public sector banks, NBFCs, life and general insurers, broking houses, asset managers and fintech lenders, from single-branch operators to listed groups.
Discuss a requirementYes. We hire across banking, NBFCs, insurance, broking, asset management and fintech lending, covering front-office sales, branch banking, credit and underwriting, risk, compliance, collections and operations roles.
Typically 7–30 days from requirement briefing to a suitable candidate closing. Volume sales roles usually close at the faster end; regulated roles such as compliance, risk and internal audit take longer because the qualification and exposure requirements narrow the pool sharply.
Yes. Agency channel, direct sales and collections drives are run as volume hiring, pipeline, drive-day coordination and follow-up through to the joining date, with screening held steady as the numbers climb.
Recruiters are assigned by sector, so the person screening your shortlist knows the difference between liabilities and assets, secured and unsecured, and salaried and self-employed profiles. That distinction is most of what a BFSI screen actually is.
We have hired for BFSI clients across India and in the UAE. In Mumbai, Thane and Navi Mumbai that has included BKC, Lower Parel, Andheri, Malad, the Thane belt and the Navi Mumbai back-office corridor. BFSI mandates in India and in the UAE run from the same desks.
Yes, through executive search. Senior and regulated appointments where the incumbent is still in seat are mapped and approached directly rather than advertised, with a deliberately short shortlist.
Get started
Tell us the role, the team around it and the deadline. We'll come back within one business day with questions and an honest view of what it will take.
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