Area Technical Manager

ABC - Aditya Birla Housing Finance Limited; Gujarat; On-site; INR 600,000 - 1,000,000; Full time

Job summary

ABC - Aditya Birla Housing Finance Limited seeks a Property Valuation and Due Diligence professional to perform on-site property visits, measurements, and collect market data for valuation reports. You will verify title documents and assess collateral as per local by-laws, preparing updates to reports and supporting ABHFL's growth in housing finance.

Responsible for property site visits, market survey, and preparing valuation reports with accuracy and adherence to standards, enabling informed

Qualifications

• Bachelor or Diploma in Civil Engineering required.

Responsibilities

• Visit property sites and take measurements.
• Conduct market survey to understand prevailing fair market value.
• Conduct due diligence of collateral as per local by-laws.
• Prepare valuation reports and update them manually/digitally.
• Check property title documents and approved building plans.

Education

Bachelor / Diploma in Civil Engineering

Job description

Job Purpose

Technical due diligence of property including conducting property visits, market survey and preparation of valuation reports as per the valuation standards.

Job Context/ Job Challenges

Organizational Context

Job Purpose

Technical due diligence of property including conducting property visits, market survey and preparation of valuation reports as per the valuation standards.

Key Aspects

Part of the Aditya Birla Capital Limited, Aditya Birla Housing Finance Limited (ABHFL) is registered with the National Housing Bank as a housing finance company under the National Housing Bank Act, 1987. The company offers a complete range of housing finance solutions such as home loans, home improvement and home construction loans, balance transfer and top-up loans, loans against property and construction finance. The company acquired its license on 9th July 2014 and has aggressive growth plans.

ABHFL has grown at a steady rate while reporting good asset quality despite challenges in the operating environment. While the industry is dominated by five large groups, there has been an emergence of segments like Affordable and self-employed borrowers, given the high potential in these segments. Despite increased focus by banks, HFCs have been able to maintain their share in the mortgage market. and is poised for rapid growth and plans to grow 5X (40,000 Cr) in the next 5 years. This shall take ABHFL within the top 5 percentile of HFCs in the country.

The ABHFL Sales organization works broadly with 3 customer segments – retail (individual) customers, institutional customers (for retail and institutional loan consumers) and builders (for both retail tie-ups and construction finance), with a major share of the business coming from retail customers. Client segments can also be divided into Salaried and Self-employed, with both of these having very different preferences and needs.

Job Context

• Responsible for visiting property sites and taking measurements
• Conduct market survey to understand prevailing fair market value
• Conducting due diligence of collaterals as per local applicable by-laws.
• Update the stage progress for under construction projects as part of APF monitoring
• Prepare valuation reports and update them manual / digitally.
• Check property title documents and approved building plan

Key Challenges

• Vendor cost as the business volume is proposed to scale up.
• Geography is extending in both Tier-1 and Emerging markets
• To better control over collateral standards with respect to affordable and informal segments.

Enabling Skill Sets & Qualifications

Should be Bachelor / Diploma degree in Civil Engineering.

Key Result Areas

• KRA (Accountabilities) (Max 1325 Characters)
• Supporting Actions (Max 1325 Characters)
• KRA1 Property visits and report preparation (APF/ Individual / Monitoring / Audit ) Minimum 50 no. subject to Business volume
• KRA2 TAT T+2 of 80% volume
• KRA3 Audit and compliance As per ABHFL standards
• KRA4 Upskills with real estate market knowledge Qualitative subject to reporting manager feedback