Job Description

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.

Acura Solutions