Technical Manager - Corporate Real Estate Division - NBFC

We are hiring one of our client NBFC - Mumbai

Position : Technical Manager

Location : Mumbai

Level : Senior Manager/Chief Manager/AVP

Division : Corporate Real Estate

Company : Capital India finance limited

No of Positions : 1

Location : Mumbai

Reporting to : Risk Head-Wholesale Banking

Job Role& Responsibility :

- Provide inputs to Credit/Risk team via detailed technical assessment of Real estate projects across key cities which includes project valuation and feasibility assessment.

- Valuation of real estate project and checking the compliances with respect to guidelines of competent authorities

- Checking & validating valuation reports given by external valuation agencies for real estate project

- Timely collection & updating the amendments in development control regulations affecting real estate sector

- Release & tracking of sold & unsold units in the project

- Handling a team of external valuers across PAN India

- Setting up valuation policy & process for carrying out the valuations through external valuations and settlement of pay-outs

- Ensuring the approvals are taken as per policies laid down and ensuring the internal policies on credit are not violated

- To proactively & on ongoing basis monitor the project work, cost estimates, risk in the portfolio& analysis of security cover

- Monitor & follow for compliance of covenants mentioned, compliance of sales estimate with actual, status of approval etc.

Job requirement/Skills :

- Understanding of real estate market particularly Mumbai & Delhi

- Detailed understanding of local development control regulations & good network with architects

- A desire & attitude for understanding of real estate is essential

- Knowledge of Microsoft office

- Conversant with financial modelling

- Must possess excellent oral and written communication skills

Educational qualifications : BE-Civil