Area Technical Manager - Valuations

Job Purpose

Responsible for Vendor Empanelment & Management, Real Estate Project/Property Appraisal & Valuation, Compliance with Valuation Guidelines/Process and Development Rules/Regulations of respective location.

Role

- Ensuring compliance with valuation policies, processes and development rules/regulations of respective location.

- Providing professional technical support to the credit/risk/policy underwriting team and all internal stakeholders.

- Selection & Empanelment of vendor as per requirement for respective location followed by policy and process approved.

- Vendor management including reports quality, periodic visit, audit and training. Ensuring timely clearance of vendor bills of respective location.

- Appraising the real estate project/property being offered for lending in terms of potential risks, advantages & disadvantages.

- Periodic visits, review and monitoring of APF projects of respective location.

- Adherence to TAT & develop mechanism to improve TAT of empanelled vendors and technical support to all internal stakeholders.

- Undertaking independent technical appraisal for valuation as per requirement.

- Coordinating with empanelled vendors & other supporting functions for query resolution. Regular interaction with real estate players for updates on projects, property prices and local bylaws.

- Preparation and maintenance of various technical related MIS and databases for respective location.

- Sharing of real estate news, articles/researches and other important information regularly.