Technical Manager - Pan India - Valuation Agencies

Technical Manager

Job Title : Technical Manager

Reporting To : Head - Credit & Risk

Locations hiring for: Delhi

Key Responsibilities:-

- Identification and empanelment of valuation agencies for Pan India locations.

- Review of valuation reports. with regard to valuation amounts, property rates, collateral acceptability etc.

- Review of valuation reports with regard to deviations of construction norms as per local bye laws, sanction plan deviations, demolition risk and any special comments made by the valuers in the valuation reports.

- Coordinating with valuation agencies for resolving any issues in the valuation amounts or issues arising from significant difference between two valuations.

- Providing opinion and recommendation to credit approvers in case of any issues relating to valuation.

- Regular interaction with valuation agencies and brokers in different markets to get a sense on fair market values of properties in different geographies.

- In-depth Knowledge of Real Estate Market and Legal/Building Bye-laws.

- Policy formulation for different types of collateral and for different states/locations.

- Assisting the product team and credit team with technical inputs from different markets for formulation of policies for alternate collaterals like farm houses, hotels, hospitals etc.

- Identification and updating team on market intelligence and changes happening in approval processes of the development authorities.

- Overall Collateral management.

Work Experience :- 8-10 years experience in technical/collateral management for mortgages product