Zonal Technical Manager - Housing Finance

Job Purpose :

- To manage the real estate valuations and collateral risk of retail mortgage business, technical audits and setting up standard processes and monitor the technical evaluation process in the zone.

Responsibilities :

Core Responsibilities :

- Work closely with the zonal sales/credit team at hub and develop robust technical evaluation norms.

- Monitor and scrutinize projects for approval by the organization, ensuring compliance on legal and technical aspects and their timely updations.

- Analyze new upcoming residential projects in the zone and facilitate its speedy approval for advanced processing and funding.

- Evaluate builder and projects so as to facilitate property audits to analyze collateral risk and efficiently manage quality real estate portfolio of the organization

- Monitor market feasibility of projects for industrial, residential, commercial or institutional projects, periodically checking property documents and identifying bylaws violation as per plot size.

- Manage the vendors involved in the technical evaluation process, ensuring regular vendor visits and assuming responsibility for all vendor payments

- Train and evaluate the proficiency levels of the team on a regular basis, ensuring productivity and cost effectiveness of team Maintain TAT targets for the technical evaluation process.

- Work closely with the legal counterpart on the technical evaluation front.

- Carry out spot checks on a frequent basis and maintain an MIS related to the technical evaluation.

- Monitor handling of fraud cases on the technical front i.e. identification, handling, reporting and facilitating closure as per the action decided

- Build and strengthen relationships with valuation agencies, real estate developers and local government bodies for market analysis and Market updations.

- Help maintain a healthy portfolio through the preparation of feasibility reports, valuation reports, project monitoring reports and market surveys to gather data on the real estate market.

- Understand and analyze risks associated with property / project / market / developer and analyze exposure that can be taken.

- Develop a deep market intelligence so as to understand its impact upon lending parameters, property valuations and other financial implications.