Job Description

Job Summary . Cluster Manager - Underwriting Job Purpose Cluster Collateral Manager will be responsible to Monitor the day to day Valuations for Approvals/Sanctions across the assigned territory, review the Technical report, facilitating the underwriting team to underwrite the cases by addressing all the relevant points of collateral and Vendor management including empanelment, billing etc., Job Duties & Key Responsibilities . Duties and Responsibilities - 1. Work along with Business teams to ensure proper formulation fitment structuring pricing and execution of transactions based on specific requirements Policy framework. 2. Review the Valuation process periodically and define process as per Market Standard available resources and branch requirements 3. Identify fraudulent practices and mitigate risk through changes in policy and process and formulate and manage the legal evaluation process in the Hub region. 4. Appoint Approved Valuers in all the secured business operative locations. Check and Facilitate regarding Technical aspects of the property & Quality framework. 5. Validate the property rates based on market rates. 6. Addressing the queries raised by valuers does providing solutions to resolve queries. 7. Coordinating and facilitate for monthly bills payments for all technical vendors 8. Ensuring compliance of the Collateral Policy and processes within TAT and closely monitoring the Location vendors. 9. Mandatory pre disbursal checks to be done for smoothen the disbursement process. Getting corrections in vendor legal reports wherever applicable. To co-ordinate with Central Ops to clear any discrepancy. 10. Initiation management of all types of technical PDDs wherever its applicable 11. Travel periodically to the operative locations interact with vendors PDAV (Post disbursement Asset verification) of prescribed % of sample providing market feedback to all the stake holders for changing / modifying existing policies and processes. 12. Ensuring market updates on regular basis. Training and guiding Credit Managers as well as Business team regarding technical updates in market. 13. Approving Collateral deviations within their authority 14. Conducting audit as per defined Audit framework which is around 10% of disbursed cases . Major Challenges - TAT Should be Maintained without compromising in quality of report by vendors . Key Decisions / Dimensions - Technical Deviation as per policy & as per Valuation standard 7. DIMENSIONS (Key numerical data which will reflect the scope and scale of activities concerning this job) Needs to get the things done well within the prescribed TAT Financial Dimensions (These should be quantifiable numerical amounts) . He would be responsible daily basis Valuations . He Should Ensure NIL Property fraud avoid Multiple lending on single property Zero error in identification & Valuation Other Dimensions (Significant volume dimensions associated with the job) . Total Team Size: 3-8 . Number of Direct Reports: 3-6 . Number of Indirect Reports: 1-3 . Number of Outsourced employees: 0 . Number of locations: Entire State / Prescribed Territory . Number of products: Business Loans-Secured Professional Loans- Secured & Loan against property Required Qualifications and Experience . a) Qualifications 1. Minimum Qualification: Bachelor of Engineering in Civil Engineering with Finance Industry Experience 2. Knowledge of Technical Valuation of Immovable properties, Real Estate & Valuation standards b) Work Experience 1. Minimum 5-7 years of experience, should ideally come from a technical background and must have handled a team

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