DMI Finance

Job Purpose:As a Technical Manager, your key responsibilities will include evaluation of properties offered as collateral for loan applications and adherence to company policies & regulatory requirements. This further includes conducting comprehensive assessment & evaluation of properties using suitable methodologies of valuation & study of micro markets and regulatory compliance to prevent frauds.As a Technical Manager, you are expected to stay updated on industry trends, regulatory changes, and best practices in the industry and recommend process improvement to enhance efficiency and effectiveness.Key Accountabilities:- Identify, empanel, and handle external technical agency.- Manage property & project valuation (including periodic audit exercise), monitoring TAT for reports.- Act as an expert in technical matters relating to statutory laws on real estate, urban/rural planning authorities, local practices and do's/don'ts in specific markets, types of property etc.- Do periodic or trigger-based review of technical agencies.- Prepare and present detailed analysis of real estate on periodic basis.- Conduct collateral visits, if required, to resolve discrepancies raised in the valuation reports, control vendor quality and to advise on the collateral acceptance.- Review and update best practices on valuation report structure and content to improve the quality of the valuation report appropriate to the type of lending.- Liaison with technical/valuation agency managers, valuers, government bodies/authorities, and other stakeholders.- Maintain a database of capital values (Land & Built-up area) and of local building bye-laws (State wise/Location wise).- Collateral portfolio Analysis works- including collateral portfolio monitoring, deviation analysis, rejection data analysis.- Create & timely update location / hub specific technical policy based on local byelaws & practices.a) Qualifications Educational Qualification: B.E/B.Tech (Civil Engineering) or equivalent degree with relevant experience. Communication skills: Good written and verbal communications skills to interact with internal and external customers.b) Work Experience- Minimum 12+ years working experience with HFC/NBFC/Bank in real estate verifications/valuations.- Basic knowledge of mortgage lending viz. technical (valuations & building bye law compliance) & legal (mortgage creation/title documentation).- Experience in risk mgmt., policy, data interpretation and reporting would be an added advantage.- Information Security expectation: (Please select one of them)- User level / Supervisory level/ Managerial level/ Governance level (ref:iimjobs.com)