State/Regional Technical Manager

Flourish Ventures; Jaipur; On-site; INR 1,500,000 - 2,200,000; Full time

Job summary

Flourish Ventures is seeking a State/Regional Technical Manager to oversee technical evaluation, property due diligence, and collateral risk management for mortgage lending across specified regions in India. The ideal candidate will have extensive experience in mortgage lending technical due diligence and vendor management, ensuring compliance with valuation standards and regulations. Responsibilities include leading property valuations, developing collateral policies, and monitoring compliance. A Bachelor's degree in Civil Engineering or Architecture is essential, with a Master's degree or certifications preferred.

Qualifications

• 5–12+ years of experience in mortgage lending technical due diligence, property valuation, or collateral management.
• Proven vendor management experience is highly preferred.

Responsibilities

• Lead end-to-end property valuation and technical due diligence for collateral.
• Develop and refine collateral policies, turnaround time targets, and deviation matrices.
• Monitor and apply state/district-level real estate and mortgage regulations.
• Empanel, manage, and audit valuation vendors.
• Implement fraud triggers for high-risk cases and conduct field visits.
• Track real estate market trends and propose state-specific innovations.

Skills

Valuation methodologies (residual, comparable, DCF)

Title scrutiny

Legal compliance

Stakeholder management

Analytical thinking

Education

Bachelor’s degree in Civil Engineering, Architecture, or a related field

Master’s degree or specialized certifications in relevant fields

Job description

State/Regional Technical Manager

Department: Credit

Location: Jaipur, Nashik, Indore

Role

State Technical Manager oversees technical evaluation, property due diligence, and collateral risk management for mortgage lending within a specific state. Will ensure compliance with valuation standards, legal statutes, and internal controls—while proactively improving processes and collaborating across teams.

Key Responsibilities

Technical Evaluation & Valuation Oversight

• Lead end-to-end property valuation and technical due diligence for residential, commercial, and industrial collateral.
• Scrutinize valuation reports and title documents to ensure accuracy, risk identification, and regulatory compliance.

Policy & Process Development

• Develop and refine collateral policies, turnaround time (TAT) targets, and deviation matrices tailored to state‑specific requirements.
• Continuously update internal processes to align with changing regulations, including bylaws, RERA, and other legal guidelines.

Regulatory & Legal Compliance

• Monitor and apply state/district‑level real estate and mortgage regulations to ensure compliance in all processes.
• Collaborate with legal teams for technical valuations, spot checks, and fraud monitoring to minimize legal risks.

Vendor & Stakeholder Management

• Empanel, manage, and audit valuation vendors to ensure quality, compliance with TAT targets, and cost‑effectiveness.
• Work closely with zonal sales and credit teams to analyze project approvals and assess collateral risks.

Risk Detection & Quality Control

• Implement fraud triggers to monitor high‑risk cases and follow them through to closure.
• Conduct field visits for exceptional cases, distressed assets, and sample audits to identify and mitigate risks.

Market Intelligence & Continuous Improvement

• Track real estate market trends and regulatory changes, proposing state‑specific innovations based on insights.
• Suggest process enhancements to mitigate risk, improve efficiency, and support operational growth.

Qualification & Experience

Educational Background

• Bachelor’s degree in Civil Engineering, Architecture, or a related field.
• Master’s degree or specialized certifications in relevant fields are preferred.

Experience Requirements

• 5–12+ years of experience in mortgage lending technical due diligence, property valuation, or collateral management.
• Proven vendor management experience is highly preferred.

Key Skills & Competencies

Technical & Analytical Skills

• Proficient in valuation methodologies (residual, comparable, DCF), title scrutiny, and legal compliances
• Strong familiarity with RERA, state bylaws, depreciation/obsolescence assessment, and risk mitigation

Leadership & Communication

• Excellent stakeholder management—coordination with legal, credit, sales teams, and external vendors
• Analytical thinking, problem‑solving, and strong communication/presentation skills