Area Technical Manager- Credit Technical

Aditya Birla Insulators; Kolkata District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Aditya Birla Finance Limited (ABFL) seeks a risk & compliance professional to perform due diligence on underlying real estate securities and ensure information needed for credit decisions is complete and compliant with RBI norms.

The role emphasizes timely reporting, adherence to TAT, and close liaison with management to monitor security quality across mortgages, real estate properties, and related valuations.

Responsibilities

• Due diligence for underlying security i.e. Real Estate Property
• Ensure information required to take a credit decision is provided to higher management
• Maintain delivery timelines and adhere to TATs
• Ensure properties comply with local statutory norms & RBI guidelines
• Coordinate with valuation agencies and ensure quality of technical reports

Job description

Job Summary

To contribute to mortgage risk management by ensuring that properties held as security for mortgages, home Loans and construction Fice are marketable and identifying and evaluating associated risks, to prepare and monitor the MIS for capturing the behavior of the portfolio and the quality of security and to effectively monitor the technical vendors to ensure that the quality of technical reports and TATs are adhered to.

Dimensions

• Function Workforce Number: 14
• Other Quantitative and Important Parameters for the job: Budgets/ Volumes/No. of Products/Geography/ Markets/ Customers or any other parameter
• Parameters
• units
• FY 2021
• FY 22 (proj.)
• Fy23(proj)
• Book size: Crs
• STSL
• 550
• 1700
• 3000
• Mortgages
• 8990
• 10385
• 11850
• SME
• 6000
• 7500
• 8500
• LCMM
• 5800
• 6900
• Valuation Agencies
• 20
• 30
• 50
• Valuation cost save (fee negotiation)
• Business
• Fy23 (proj)
• ABFL (Mortgages/ STSL/LCMM/ SME)
• 50 lakhs
• 80 lakhs
• 100 lakhs

Job Context & Major Challenges

This role is an integral part of the Risk & compliance and is responsible for carrying out due diligence for the underlying security i.e. Real Estate Property and ensure that all information required to take a credit decision with respect to real estate property be provided to higher management. He is also responsible for maintaining TAT. The key aspect of due diligence is that underlying security i.e. real estate properties are compliant with local statutory norms & regulations and falls under acceptable norms as per ABFL as well as RBI.