Regional Technical Manager

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

Job summary

Aditya Birla Housing Finance Limited seeks a Regional Technical Manager to support the national technical manager in risk assessment, policy formulation, and monitoring to safeguard mortgage security quality.

The role emphasizes conducting technical evaluations, ensuring regulatory compliance, and coordinating with vendors and internal teams to drive robust risk management and portfolio performance across India.

Responsibilities

• Develop policies and processes for home loans and construction finance across India.
• Lead valuation efforts for key real estate projects and ensure regulatory compliances.
• Monitor technical performance of business, including valuations and project progress.
• Empanelment and audits of vendors and in-house technical teams.

Skills

Risk management

Vendor management

Valuation

Regulatory compliance

Cross-functional coordination

Job description

Job Purpose

Regional Technical Manager is responsible to assist national technical manager in 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 behaviour 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.

Job Context

Job Context Major Challenges
Job Context Job Challenges:
Part of the Aditya Birla Capital (ABC), Aditya Birla Housing Fice Limited (ABHFL) offers a complete range of housing fice solutions such as home loans, home improvement and home construction loans, balance transfer and topup loans, loans against property and construction fice. ABHFL operates in the Rs. 9. 7 trillion Indian Housing Fice market, which has grown at a steady rate of 19% CAGR over the last 3 years while reporting good asset quality despite challenges in the operating environment.
Key challenges for the role are as follows:
a) Environment: The business environment is becoming volatile. Defining and communicating acceptable risk at all level in complete and clear manner is difficult. The interdependency of risk factor external internal events has increased which is making risk more volatile less comprehensible
b) Market Dynamics: With the dynamic market conditions changing regulatory aspects carrying out correct timely interpretation of the revised regulatory framework is crucial to proactively advise to amend business plans to achieve business objective.
c) Managing NPA: Developing effective credit lending norms, balancing the risk and growth in business through constant engagement with the business, maintaining market benchmarked turnaround time (TATs), strengthening policies risk mitigation systems for both secured unsecured portfolios to ensuring minimal NPAs while enabling the business to grow within the risk policy framework.
d) Risk Management: Protect from potential loss on the credit portfolio by detecting early warning signals of deteriorating risks and devise plans to reduce exposure.
e) Cross functional coordination: To enable timely approval of proposals Regular updation on changing economic Industry scenario.

Key Result Areas KRA (Accountabilities) (Max 1325 Characters) Supporting Actions (Max 1325 Characters)

KRA1 Development of
policies and
processes Prepare and review the overall technical policy for home loans and construction fice across India, including city specific process notes to account for locationspecific deviations and mitigants
Develop vendor management and vendor audit processes to establish robust risk management systems
KRA2 Conduct
Technical
evaluations of
property and
contribute to the
overall risk
management Lead the valuation efforts for key real estate projects including evaluation of projects, project lifecycles, cost breakups and technoeconomic feasibility analysis
Identify the risks and mitigants related to projects and check regulatory compliances with respect to permissions and developmental control regulations
KRA3 Monitor
Business performance
continuously from technical aspect Monitor the performance of business from a technical standpoint, reevaluating the valuations of security held, monitoring project progress, sales, etc.
Alert senior management and the risk management team in the event of any deviations from risk management policies; identify methods to mitigate these risk and report to management
KRA4 Vendor
Management Empanelment of vendors across India to provide valuation services
Carry out periodic reviews and audits both for vendors as well as inhouse technical and valuation teams

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