Npa Property Expert
Year Gurugram, Haryana, India
Job Description
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Position OverviewThe NPA (Non-Performing Asset) Property Expert will be responsible for managing, assessing, and strategizing the disposition of non-performing assets within the companys portfolio. This role requires a deep understanding of the real estate market, asset valuation, and the legal and financial intricacies involved in handling NPAs. The ideal candidate will possess strong analytical skills, excellent negotiation abilities, and extensive experience in property management and asset recovery.Key Responsibilities
- Asset Evaluation and Management:
- Conduct thorough assessments and valuations of NPAs to determine their current market value and potential for recovery.
- Develop and implement strategies for the management and disposition of NPA properties to maximize recovery value.
- Maintain detailed records and documentation of all assets, including valuations, market conditions, and disposition strategies.
- Market Analysis:
- Perform market research and analysis to stay informed about current real estate trends, property values, and market conditions.
- Identify and evaluate potential buyers or investors for NPA properties.
- Provide regular market updates and reports to senior management.
- Legal and Regulatory Compliance:
- Ensure compliance with all legal and regulatory requirements related to NPA management and disposition.
- Coordinate with legal teams to address any legal issues, disputes, or proceedings related to NPA properties.
- Stay updated on changes in laws and regulations that impact NPA management.
- Stakeholder Communication:
- Liaise with internal stakeholders, including finance, legal, and operations teams, to ensure a coordinated approach to NPA management.
- Communicate with external stakeholders, such as banks, investors, and regulatory bodies, regarding the status and strategy for NPA properties.
- Prepare and present detailed reports and recommendations to senior management and other stakeholders.
- Negotiation and Sale:
- Lead negotiations with potential buyers, investors, or partners to achieve the best possible terms for the sale or transfer of NPA properties.
- Manage the entire sale process, from initial negotiations through to contract signing and closure.
- Develop and maintain relationships with key industry players, including real estate agents, developers, and investors.
- Financial Analysis and Reporting:
- Conduct financial analysis to assess the impact of NPA management strategies on the companys overall financial health.
- Prepare detailed financial reports, including cost-benefit analyses and projections for NPA recovery.
- Monitor and report on the financial performance of disposed NPA properties.
- Education:
- Bachelors degree in Real Estate, Finance, Business Administration, or a related field. A Masters degree or relevant certification (e.g., CFA, CPA, MRICS) is preferred.
- Experience:
- Minimum of 5-7 years of experience in real estate, property management, asset recovery, or a related field.
- Proven track record of successfully managing and disposing of NPAs.
- Skills:
- Strong analytical and valuation skills.
- Excellent negotiation and communication skills.
- In-depth knowledge of real estate markets and trends.
- Proficiency in financial analysis and reporting.
- Strong understanding of legal and regulatory aspects of NPA management.
- Ability to work collaboratively with internal and external stakeholders.
- Analytical Thinking:
- Ability to analyze complex data and market conditions to make informed decisions.
- Attention to Detail:
- High level of accuracy in assessing, documenting, and reporting on NPA properties.
- Problem Solving:
- Creative and strategic thinking to develop effective NPA management and recovery solutions.
- Interpersonal Skills:
- Ability to build and maintain relationships with a diverse range of stakeholders.
- Health insurance
- Life insurance
- Day shift
- Morning shift
- Commission pay
- Overtime pay
- Performance bonus
- Yearly bonus
- total work: 1 year (Preferred)
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Job Detail
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Job IdJD3331629
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationGurugram, Haryana, India
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EducationNot mentioned
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ExperienceYear