Technical Manager

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

Job summary

Aditya Birla Capital is seeking a Risk Manager to contribute to risk management by evaluating properties for mortgages and identifying associated risks. The role requires strong analytical skills and involves vendor management, conducting audits, and assessing the feasibility of construction finance projects. A Civil Engineer with 5-8 years of experience in construction and valuation is preferred. The position offers a dynamic environment with opportunities for growth and development in risk assessment within the housing finance sector.

Qualifications

• Civil Engineer with 5 to 8 years of experience in construction and valuation.
• Valuation experience with banks or NBFCs is preferable.

Responsibilities

• Prepare and review city-specific process notes.
• Vendor empanelment and periodic review.
• Conduct periodic audits of vendors.
• Assess feasibility of Construction Finance projects.

Skills

Analytical acumen

Evaluation skills

Attention to detail

Decision-making

Market intelligence

Education

Civil Engineering

Job description

Overview

Job Purpose: To contribute to risk management by ensuring that properties held as security for mortgages, home loans and Construction Finance 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.

Job Context & Major Challenges: Organizational Context. The Risk team provides core underwriting services fundamental to the ABHFL business health, risk management and sustainability. Structured as a dual to the Sales/ Sourcing team, with positions mapped against corresponding Sales roles across the organization, the Risk team is responsible for necessary controls and process checks to ensure business performance and health. While the core responsibility for this function is to control the business via robust underwriting and risk management, supporting business expansion via joint evaluation of different product/ market growth proposals with the Sales team is also an important contribution.

Organizational Context: Part of the Aditya Birla Capital Limited, Aditya Birla Housing Finance Limited (ABHFL) is registered with the National Housing Bank as a housing finance company under the National Housing Bank Act, 1987. The company offers housing finance solutions such as home loans, home improvement and home construction loans, balance transfer and top-up loans, loans against property and construction finance. The company acquired its license on 9th July 2014 and has aggressive growth plans. ABHFL aims for rapid growth and to enhance asset quality while navigating industry challenges.

Key Aspects: The Risk team performs due diligence for the underlying security (Real Estate Property), ensures information required to make credit decisions is provided to higher management, and maintains TAT. The role includes monitoring changes in statutory rules & regulations related to real estate properties, rate movements, demand-supply analysis, and impacts of economic changes on real estate. Inputs related to real estate property are provided to higher management to support decision making and improve TATs across the sanction process.

Key Challenges:

• Cross-functional coordination to enable timely approval of proposals
• Regular updates on changing economic and industry scenarios
• Monitoring TAT of valuations
• Customer satisfaction (internal and external)
• Vendor management and seamless coordination with external entities

Enabling Skill Sets & Qualifications: The role requires strong analytical acumen, evaluation skills, attention to detail, decision-making, initiative, target orientation, and market intelligence developed through a strong industry network. The education and experience required are a Civil Engineer with 5 to 8 years of experience, with a good mix of construction and valuation; valuation experience with banks or NBFCs is preferable.

Responsibilities and Accountabilities

• KRA 1 — Policy & Processes: Prepare and review city-specific process notes to address city-specific deviations and mitigants; provide inputs for updating technical policy, Vendor Management Policy, and Audit policy.
• KRA 2 — Vendor Management: Vendor empanelment for respective zones; periodic review of vendors; regular monitoring of TAT; resolve valuation-specific queries from respective zones.
• KRA 3 — Audit & Hindsighting: Carry out periodic audits of vendors for respective zones; conduct monthly audits for sampled valuations and lease rentals for respective zones/locations.
• KRA 4 — Construction Finance Project Feasibility: Assess feasibility of Construction Finance projects; perform due diligence of project approvals; analyze projects including lifecycle, cost breakups, and techno-economic feasibility; prepare primary project feasibility analyses for Construction Finance / Debt Syndication; valuation of Construction Finance Projects with regulatory compliance checks; prepare project lifecycle milestones; monitor progress and end-use of funds; provide quarterly progress reports.