National Technical Manager - Mortgage Products - BFSI (12-22 yrs)

Position: National Technical Manager

Location: HO/Andheri

Job Description:

- Set up Collateral Policy & Processes for Mortgage products for respective Zone/State/region.

- Scrutinising and assessing the property valuations and technical scrutiny reports submitted valuation vendor for Resi, Commercial & Industrial properties.

- Identify shortcomings in Valuation reports and errors, if any, in technical due diligence of the property.

- Consider obsolescence or depreciation factors while determining property market value.

- Develop a defined deviation matrix along with technical policy and process notes.

- Suggest necessary corrections in policies & procedures from time to time as per state specific bye-laws to resolve property deviations/mitigate related issues within the team as well as with the external agencies.

- Manage Valuation vendors.

- Ensure meticulous compliance with the entity's internal collateral management policy as well as regulatory guidelines.

- Ensure compliance with benchmark turnaround time.

- To monitor and maintain new vendor empanelment process, cost reduction analysis and TAT of Valuation.

- Visit properties for sample & exception cases to ensure detailed property due diligence.

Preferred Skills:

- Professional qualification, Graduate or post graduate degree, preferably in Civil Engineering along with sound domain knowledge of Mortgage properties and market.

- Overall 12+ years of experience in Technical Due Diligence of property market for the respective state.