Technical Manager

Role

1. The candidate will be responsible for Property Valuation: Overseeing property valuation assessments to determine the market value and suitability of the property as collateral for the LAP.
2. Technical Risk Assessment: Analyzing technical aspects of the property, such as construction quality, age, location, and compliance with building codes, to assess potential risks associated with the LAP.
3. Technology Integration: Implementing and managing software and technology solutions that streamline and enhance the LAP lending process, such as property valuation tools and risk assessment software.
4. Compliance and Regulations: Ensuring that all technical aspects of the LAP lending process adhere to regulatory requirements and internal policies.
5. Vendor Management: Overseeing relationships with external vendors, such as property valuation firms, to ensure timely and accurate property assessments.
6. Keeping update on market intelligence on negative / unauthorized properties / demolition drive/ future development.
7. Close liasoining with vendor for checking authenticity of submitted technical documents.
8. Innovating ways for reducing cost of doing technical assessment and reduction of TAT.
9. Complying with technological advancement of the company initiatives for online technical updation.
10. Checking vendor report quality and providing them feedback.
11. Checking and vetting technical on deals mandated as per policy.

Responsibilities

1. Team Leadership: Leading and mentoring a team of technical analysts responsible for property evaluation and risk assessment.
2. Process Improvement: Identifying opportunities for process optimization and efficiency in the LAP lending workflow.
3. Collaboration: Collaborating with other teams, such as credit risk, legal, and operations, to facilitate a smooth and efficient LAP lending process.