Technical Manager / Officer

Technical Manager- Valuation (Land & Building Class)

Designation

Technical Manager

Grade/ Consultant

Executive

Reporting to

Area Technical Manager

Location

Mumbai, Pune, Ahmedabad, NCR, Chandigarh, Bengaluru, Hyderabad, Chennai & Coimbatore

Function

Risk

Job Purpose

Responsible for Vendor Empanelment & Management, Real Estate Project/Property Appraisal & Valuation, Compliance with Valuation Guidelines/Process and Development Rules/Regulations of respective location.

Role

• Ensuring compliance with valuation policies, processes and development rules/regulations of respective location.
• Providing professional technical support to the credit/risk/policy underwriting team and all internal stakeholders.
• Selection & Empanelment of vendor as per requirement for respective location followed by policy and process approved.
• Vendor management including reports quality, periodic visit, audit and training. Ensuring timely clearance of vendor bills of respective location.
• Appraising the real estate project/property being offered for lending in terms of potential risks, advantages & disadvantages.
• Periodic visits, review and monitoring of APF projects of respective location.
• Adherence to TAT & develop mechanism to improve TAT of empanelled vendors and technical support to all internal stakeholders.
• Undertaking independent technical appraisal for valuation as per requirement.
• Coordinating with empanelled vendors & other supporting functions for query resolution. Regular interaction with real estate players for updates on projects, property prices and local bylaws.
• Preparation and maintenance of various technical related MIS and databases for respective location.
• Sharing of real estate news, articles/researches and other important information regularly.

Qualification & Experience

• B.E. Civil/ B. Arch. (Full Time).
• Min. 1-5 yrs. of experience in valuation of fixed assets (land & building class) within reputed Bank/NBFC/HFC.

Essential Skills

• Sound knowledge of real estate market, basic legalities in project/property, building bylaws and mortgage lending.
• Policy and process formation for technical function.
• Well versed with valuation approaches and methodologies.
• Acquainted with technical due diligences.
• Good communication and presentation skills.
• Ownership of technical support to respective location.
• Good knowledge of Excel & lending platforms if any.

Nature of Role

Field based