Vice President - Portfolio Monitoring - Real Estate Lending

Job Title: Portfolio Monitoring - Real Estate Lending (Business Unit)

Location: Mumbai, India

About the Role:

As part of the Real Estate Business Unit, the Portfolio Monitoring, Compliance, and Regulatory Team plays a critical role in managing the Bank's expanding Real Estate Lending portfolio. This centralized team is responsible for active project monitoring, regulatory compliance, and maintaining robust stakeholder relationships - both internal and external.

We are seeking a high-caliber professional with a deep understanding of real estate credit, monitoring, and business nuances, to contribute to a growing portfolio of ~- 25,000 crore across 150+ sanctioned projects pan-India, primarily in Tier 1 cities (Mumbai, Pune, NCR, Bengaluru, Chennai, and Hyderabad).

This is a high-visibility, impact-driven role with a steep learning curve and significant exposure across project finance, compliance frameworks, and business strategy in the Real Estate sector.

Key Responsibilities:

Portfolio Monitoring:

- Active monitoring of live projects to ensure construction and development progress aligns with sanctioned plans and drawdown conditions.

- Conduct ongoing reviews of project-specific risk factors, disbursement conditions, and operational milestones.

Compliance Management:

- Ensure adherence to all internal credit covenants, compliance requirements, and external regulatory frameworks (e.g., RERA, RBI norms, and other sectoral regulations).

- Maintain and enhance compliance tracking systems for real estate loan projects across regions.

Regulatory Reporting:

- Support timely and accurate regulatory filings, audits, and internal risk reporting for the real estate portfolio.

- Liaise with auditors, regulators, and internal control functions for monitoring-related queries and inspections.

Stakeholder Management:

- Serve as a key liaison between Business, Credit, Risk, Compliance, Legal, and Operations teams.

- Interact with external stakeholders including developers, monitoring agencies, valuers, consultants, and regulatory bodies.

Risk & Early Warning Signals:

- Identify and escalate early warning signals in projects or promoters' financial health.

- Proactively suggest mitigating measures to safeguard Bank's exposure.

Process Improvements:

- Drive initiatives to enhance monitoring efficiency, system digitization, and compliance workflows.

- Contribute to internal policy refinements and adoption of best practices in portfolio monitoring.

Desired Candidate Profile:

- Strong domain knowledge in Real Estate Lending and Project Finance in India.

- Sound understanding of credit appraisal processes, real estate project lifecycles, construction risk assessment, and compliance management.

- 7-15 years of experience in monitoring and compliance roles within banks, NBFCs, real estate advisory firms, or credit funds.

- Exposure to regulatory frameworks such as RERA, RBI guidelines related to Real Estate, and other sector-specific regulations.

- Ability to manage multiple stakeholders and projects simultaneously with high levels of accuracy and accountability.

- Excellent communication, analytical, and problem-solving skills.

- Self-driven, detail-oriented, with a high sense of ownership and integrity.

Educational Qualifications:

- MBA (Finance) / CA / CFA preferred.

- Relevant certifications in Credit, Risk Management, or Real Estate Finance will be an advantage.

Why Apply for this role :

- Work at the intersection of Business Strategy, Risk Management, and Compliance.

- Gain unmatched exposure to a pan-India Real Estate lending portfolio (~- 25,000 crores).

- Be part of a dynamic, high-performing team with high visibility across senior management.

- Opportunity to work on high-impact assignments in a specialized and evolving sector.

- Steep learning curve with career growth opportunities within the Real Estate Finance vertical.