Regional Technical Manager - Technical Valuation

Tata Capital; Pune District; On-site; INR 900,000 - 1,400,000; Full time

Job summary

Tata Capital seeks a professional to manage valuations and collateral risk for its retail mortgage business, overseeing technical audits, and setting up standard processes. The role includes monitoring evaluations across regions, partnering with valuation agencies, developers, and regulators, and driving risk-aware project funding.

Travel to property sites will be required to audit collateral and maintain a healthy real estate portfolio, with emphasis on market trends and compliance.

Qualifications

• Graduate ( Diploma/ Degree) in Civil/ Architecture.

Responsibilities

• Identify & develop new streams for revenue growth and maintain relationships with Builders to drive repeat business.
• Liaise with valuation agencies, real estate developers and local government bodies for market analysis and updates.
• Build relationships with builders/developers to obtain project approvals on technical aspects and monitor construction status.
• Segment markets by property type and identify high-risk properties.
• Guide and develop technical policy and monitor portfolio/delinquencies related to technical aspects.
• Develop checks to control fraud and maintain a property database for securitization matters.
• Scrutinize project approvals, monitor compliance on legal/technical aspects and update records.
• Analyze upcoming residential projects and facilitate fast approvals for funding.
• Travel to property sites for audits and manage collateral risk in the real estate portfolio.
• Monitor market trends and their impact on lending parameters and valuations.
• Monitor feasibility of projects and check documents for bylaws compliance.
• Manage vendors in the technical evaluation process.
• Train the team and maintain TAT for technical evaluation.
• Motivate and manage the team for productivity and cost efficiency.
• Collaborate with the legal counterpart on technical evaluation matters.
• Carry out spot checks and maintain MIS for technical evaluation.
• Assist in collections tie-ups with brokers for resale of properties.
• Prepare feasibility, valuation, project monitoring reports and market surveys.

Education

Civil/Architecture degree

Job description

To manage the valuations and collateral risk of retail mortgage business, technical audits and setting up standard processes

Monitor the technical evaluation process in the area/region. , team handling, valuation of APF projects, and validation of valuation report beyond prescribed loan limit.

Core Responsibilities:

• Identify & develop new streams for revenue growth and maintained relationships with Builders to achieve repeat business and chalk out ways to generate revenue.
• Liaison with valuation agencies, real estate developers and local government bodies for market analysis and market updations.
• Build and strengthen relationships with key builders/ developers and get project approvals on technical aspects and thereafter help monitor constructions status on periodic intervals. Organize and maintain such project database and provide periodic reports to management on activities and trends.
• Segment markets based on property types and identify properties with high risks or in negative areas (e. g. low-line, very low chance of resale, poor quality construction, old constructions areas etc. )
• Guide and develop "technical policy" and monitor the portfolio/ delinquencies related to technical aspects.
• Develop checks and process to control Fraud, built database and deduce for multiple funding or excess funding on properties e. g. circle rates, reference rates to credit team, database of properties under dispute as per securitization notices by different banks as public notices, properties under public notice/ court notice/ in tech agencies data base under dispute etc. )
• Scrutinize project approvals for the organization, timely monitoring and ensuring compliance on legal and technical aspects and their timely updations.
• Analyze new upcoming residential projects in the zone and facilitate its fast approval for advanced processing and funding.
• Travel to the various property sites and conduct property audits to analyze collateral risk and manage quality real estate portfolio of the organization.
• Keep track of the development in real estate market and its impact upon lending parameters, property valuations and other financial implications.
• Monitor market feasibility of project for industrial, residential, commercial or institutional project, periodically checking property documents and presenting bylaws violation as per plot size.
• Manage the vendors involved in the technical evaluation process.
• Train and evaluate the proficiency levels of the team on a regular basis while maintaining TAT targets for the technical evaluation process.
• Motivate and manage the team so as to ensure productivity and cost efficiency
• 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.
• Help collections tie-up with brokers and negotiate rates for resale of properties surrendered, takeover through legal process, or any other property bought rented by business.
• 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. Graduate ( Diploma/ Degree in Civil/ Architecture)