Technical Officer

Job Purpose

• This position is required to cater different businesses for Aditya Birla Finance Ltd. which majorly includes:
• Construction Finance business
• High Value Mortgage business
• Retail Mortgage business
• Home Loans
• Corporate Finance Group
• Any other division under Aditya Birla Finance Limited which deals with real estate related finance.

Job Context & Major Challenges

Job Context/Job Challenges:

The Risk & Compliance function carries out monitoring of client wise exposure and portfolio exposure to identify early warning signals of stress and to minimize NPAs. Currently monitoring is done in association with Business Teams as RMG does not have presence at Branch level. It carries out over due loan recovery from defaulting clients in coordination with Business Teams.

Zonal Technical Manager - Real estate Valuation is an integral part of the Risk & compliance & is responsible for carrying out due diligence for the underlying security i.e. Real Estate Property & ensure that all information required to take a credit decision w.r.t. real estate property be provided to higher management. He is also responsible for maintaining TAT. The key aspect of due diligence is that underlying security i.e. real estate properties are compliant with local statutory norms & regulations & falls under acceptable norms as per ABFL as well as RBI/NHB. He will be catering different businesses coming under the roof of Aditya Birla Finance Ltd. List is mentioned above. He is also responsible for providing keeping updates about changes happening in statutory rules & regulations related real estate properties, real estate property rate movements, demand-supply analysis, impacts of economic changes on real estate property etc. In all he has to provide inputs related to real estate property to higher management which will help them in decision making to improvise TATs of the overall sanction process.

• The role also requires an understanding of following types of transactions:
• Home Loans - Builder purchase,
• Loan Against Property
• Lease Rental Discounting
• Construction Finance
• The major challenges to this profile include
• Cross functional coordination to enable timely approval of proposals
• Regular updation on changing economic & Industry scenario.
• Monitoring TAT of valuations.
• Customer Satisfaction: Internal as well as external customer satisfaction.
• Vendor Management: Seamless co-ordination with external entities.

The critical skill sets are a strong analytical acumen, evaluation skills, detail orientation & decision making skills, initiative & target orientation & market intelligence developed through a strong industry network.

The education & experience required to fulfil this profile are a Civil Engineer with minimum 5 to 8 years of experience. Total experience should be of good mix of construction as well as valuation. Valuation experience with Banks or NBFCs is preferable.

Key Result Areas