Area Technical Manager Ranchi

Aditya Birla Capital; Jharkhand; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Aditya Birla Finance Ltd. in Mumbai seeks an Area Legal Manager to oversee risk, legal and collections functions, focusing on construction finance and mortgage projects.

The role involves due diligence, policy updates, vendor management, audits, and MIS reporting to support project financing and asset quality. The ideal candidate will have extensive experience in construction finance, legal compliance in financial services, and strong analytical skills to assess project feasibility, regulatory

Responsibilities

• Policy & Process: update city-specific process notes and related policies.
• Vendor Management: empanelment, vendor reviews, monitor TAT.
• Audit & Hind sighting: periodic audits and monthly valuation audits.
• Construction Finance: project visits, due diligence, feasibility analysis, life cycle planning.
• Mortgages / Home Loans / CFG/CMG: validate valuation reports, ensure compliance.
• Approved Project Facility: receive reports, MIS, monitor projects.
• Portfolio Analysis: portfolio revaluation and monthly sampling.
• Database / MIS Management: MIS for zones and vendors.

Skills

Vendor management

Audit & compliance

Risk management

Construction finance

MIS reporting

Job description

BusinessFinancial Services

Basic Details: Fill the required information about business, unit, location, position, reports to position and date of updation of JD

BusinessFinancial Services

UnitAditya Birla Finance Ltd.

LocationMumbai

Poornata Position Number of the job

Reports to: Poornata Position Number

Poornata Position Title of the jobTechnical Manager

Reports to: Poornata Position TitleZonal Technical Manager

FunctionRisk, Management & Compliance

Reports to: FunctionRisk, Management & Compliance

DepartmentRisk & Legal & Collections

Reports to: DepartmentRisk & Legal & Collections

Designation Of The EmployeeArea Legal Manager

Manager’s DesignationRegional Legal Manager

Date of writing/ Updation of JD30 Jan 2023

Job PurposeJob Purpose Description

Key Result Areas

Supporting Actions

Policy & Process

• Preparing & review City Specific Process notes which can cater city specific deviations & mitigants for the same.
• Inputs for updating technical policy, Vendor management Policy, Audit policy.

Vendor Management

• Vendor Empanelment for respective zones
• Periodical review of the vendors for respective zones.
• Monitoring TAT
• Resolving valuation specific queries from respective zones.

Audit & Hind sighting

• Carrying out periodical audits of vendors for respective zones
• Carrying out monthly audit for sampled valuations, lease rentals for respective zones/locations.

Construction Finance

• Visiting Construction Finance projects.
• Due diligence of all project approvals.
• Project analysis including evaluation of projects, project lifecycles, cost break-ups & Techno economic feasibility analysis.
• Preparation of primary Project Feasibility analysis for Construction finance / Debt Syndication proposals.
• Valuation of Construction Finance Projects, checking regulatory compliances w.r.t. permissions & Development Control Regulations of authorities.
• Preparing project life cycles & Milestones.
• Monitoring periodically the progress of projects & end use of funds for all construction finance cases.
• Quarterly progress report for construction finance projects.

Mortgages / Home Loans / CFG/CMG

• Checking & validating valuation reports given by valuation agencies.
• Setting up of city specific process notes to identify city specific deviations & providing solutions for the same.
• Ensuring compliance with technical norms for the area in line with those set out as per the process.
• Timely collection and updating the amendments in development control regulations affecting real estate sector.

Approved Project Facility

• Getting project reports from valuation agencies.
• Periodical maintenance & circulation of MIS for APF projects.
• Periodical monitoring of all APF projects & updating the management about progress.

Portfolio Analysis

• Revaluation of portfolio as per approved revaluation policy.
• Monthly sampling & audit for valuation reports.
• Any other type of analysis.

Database / MIS Management

MIS for respective Zones

• MIS for APF (Monthly)
• MIS for vendor (Half-Yearly)
• MIS for Advance Disbursement Facility cases (Monthly)
• MIS for delay in disbursement for under-construction cases (Half-Yearly)
• MIS for progress for construction finance projects (Quarterly)