IDFC Bank - Area Technical Manager - Secured Loans

- Empanelment & training of technical agencies (Civil Engg/ architects) (negotiate on TAT, rates, formats, local technical issues, training and interaction on local bye laws, report quality and photographs, check points on visits etc).

- Providing important inputs to NTM/ZTM for building of Property Price Index for respective real estate markets.

- Build relationship with key Builders/ Developers and get project approvals on technical aspects and thereafter help monitor constructions status on periodic intervals. Organize and maintain such project database and provide required inputs to reporting manager/stakeholders for publishing required reports to the management.

- Providing inputs on property types and identifying properties with high risks or in negative areas (e.g lowline, very low chance of resale, poor quality construction, old constructions areas, unauthorized areas etc.)

- Providing inputs on "location specific technical policy" and monitor the portfolio/ delinquencies related to technical aspects in respective region.

- Training of Credit team, processing staff & business teams on the technical aspects and checkpoint for validation.

- Periodic interaction/training of location sales team with respect to the technical aspects, IDFC policies, challenges being faced etc.

- Does audit and collect market info about agencies and recommend delisting of agencies/ developers where ever required.

- Develop checks and process to control Fraud, built database and dedupe for multiple funding or excess funding on properties e.g circle rates, reference rates to credit team (database of properties under dispute as per securitization notices by different banks as public notices, properties under public notice/ court notice/ in tech agencies data base under dispute etc)

- Help collections tie-up with brokers and negotiate rates for resale of properties surrendered, takeover through legal process, or any other property bought rented by business.

- Reporting and ensuring all the process and policy norms met. (audit report and portfolio reports on LTV, ageing, legal cases etc)

Experience & Skills required:

- Professionally qualified with a technical degree in Civil engineering from a reputed institute

- 5-10 years of experience in secured loans.

- Should have good understanding of Mortgage & Housing finance

- Good analytical skills.