Deputy Vice President - Operations - Commercial Real Estate & Loan Against Property - NBFC

Job Description:

We are hiring a Deputy Vice President (DVP) Operations for a premier, systemically important NBFC backed by a leading Indian private banking conglomerate. The incumbent will lead and manage end-to-end loan operations for Loan Against Property (LAP), Corporate Real Estate (CRE), and Loan Against Securities (LAS), ensuring efficient processing, regulatory compliance, operational risk management, and timely disbursement and servicing of large-ticket loans.

Key Responsibilities:

- Lead end-to-end loan lifecycles from application receipt to loan closure within defined turnaround times (TATs).

- Oversee specialized operations for Loan Against Property (LAP) and Corporate Real Estate (CRE) financing.

- Ensure accurate verification of complex corporate loan documents, legal titles, technical reports, and valuation papers.

- Supervise custody, maintenance of original property documents, and tracking of equitable mortgage records.

- Monitor registrations, MODT, and CERSAI filings while managing external valuation and legal partners.

- Monitor pledge creation/release, daily margin positions, collateral valuation, and margin calls for LAS operations.

- Coordinate directly with market infrastructure institutions, including depositories, custodians, NSDL, CDSL, CAMS, and KFINTECH.

- Establish strong maker-checker controls, investigate process exceptions, and mitigate operational risks.

- Manage complex disbursement models, escrow collections, interest income accounting, and bank reconciliations.

- Drive high-performance metrics across branch networks and steer tech platform enhancements (LOS/LMS).

What Were Looking For:

- Extensive leadership experience in an NBFC, Housing Finance Company, or Bank heading loan operations.

- Strong prior expertise in managing LAP and CRE operations (highly preferred), alongside LAS operations.

- Proven track record of operating at a senior leadership level (DVP or equivalent scale).

- Sound understanding of institutional real estate finance documentation, project tracking, and escrow mechanisms.

- Deep expertise in RBI guidelines, AML, FATCA, CKYC, and CERSAI compliance frameworks.

- Excellent stakeholder management skills to interface with custodians, registrars, and statutory auditors.

- Graduate in Commerce, Finance, Banking, or Business Administration; MBA/PGDM is preferred.