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