Manager - Construction Finance Monitoring

Role: To ensure efficient monitoring of Real Estate Construction Finance portfolio, with a focus on compliance, early identification of stress, and timely reporting for corrective actions.

Key Responsibilities:

- Conduct periodic review of the CF portfolio

- Prepare and publish monitoring reports for management review with adherence to timelines

- Project monitoring comprising of construction stage progress, cashflow projections, escrow & collections, etc.

- Monitoring of Early Warning Signals (EWS) as per RBI guidelines

- Monitoring of PDDs and sanction conditions

- Perform market checks and assess micro-market sentiments involving track movement of sales prices v/s competing projects in the vicinity

- Risk & Legal Monitoring comprising of periodic check for litigations on borrower/project in coordination with Legal

- Periodic review of borrower's CIBIL, ROC filings, and other compliance records

- Financial Review comprising of analysing Cash Flow Statements, Balance Sheets, and P&L accounts of borrower and corporate guarantor

Skills & Competencies:

- Strong knowledge of construction finance and real estate project monitoring

- Familiarity with RBI guidelines on EWS

- Expertise in financial analysis (Project Cashflows, Balance Sheet, P&L, etc.)

- Understanding of escrow mechanisms and collection efficiency

- Ability to identify early stress signals in real estate projects

- Excellent reporting and documentation skills

- Analytical mindset with attention to detail

Qualification & Experience:

- CA/MBA/Postgraduate in Finance, Commerce, or related field.

- Experience in construction finance monitoring/real estate lending preferred.

- 5 - 10 years of relevant work experience with Banks/NBFCs.