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Job Title: Portfolio Monitoring - Real Estate Lending (Business Unit) Location: Mumbai, India About The Role As part of the Real Estate Business Unit, the Portfolio Monitoring, Compliance, and Regulatory Team plays a critical role in managing the Bank's expanding Real Estate Lending portfolio. This centralized team is responsible for active project monitoring, regulatory compliance, and maintaining robust stakeholder relationships - both internal and external. We are seeking a high-caliber professional with a deep understanding of real estate credit, monitoring, and business nuances, to contribute to a growing portfolio of ~- 25,000 crore across 150+ sanctioned projects pan-India, primarily in Tier 1 cities (Mumbai, Pune, NCR, Bengaluru, Chennai, and Hyderabad). This is a high-visibility, impact-driven role with a steep learning curve and significant exposure across project finance, compliance frameworks, and business strategy in the Real Estate sector. Key Responsibilities Portfolio Monitoring: Active monitoring of live projects to ensure construction and development progress aligns with sanctioned plans and drawdown conditions. Conduct ongoing reviews of project-specific risk factors, disbursement conditions, and operational milestones. Compliance Management Ensure adherence to all internal credit covenants, compliance requirements, and external regulatory frameworks (e.g., RERA, RBI norms, and other sectoral regulations). Maintain and enhance compliance tracking systems for real estate loan projects across regions. Regulatory Reporting Support timely and accurate regulatory filings, audits, and internal risk reporting for the real estate portfolio. Liaise with auditors, regulators, and internal control functions for monitoring-related queries and inspections. Stakeholder Management Serve as a key liaison between Business, Credit, Risk, Compliance, Legal, and Operations teams. Interact with external stakeholders including developers, monitoring agencies, valuers, consultants, and regulatory bodies. Risk & Early Warning Signals Identify and escalate early warning signals in projects or promoters' financial health. Proactively suggest mitigating measures to safeguard Bank's exposure. Process Improvements Drive initiatives to enhance monitoring efficiency, system digitization, and compliance workflows. Contribute to internal policy refinements and adoption of best practices in portfolio monitoring. Desired Candidate Profile Strong domain knowledge in Real Estate Lending and Project Finance in India. Sound understanding of credit appraisal processes, real estate project lifecycles, construction risk assessment, and compliance management. 7-15 years of experience in monitoring and compliance roles within banks, NBFCs, real estate advisory firms, or credit funds. Exposure to regulatory frameworks such as RERA, RBI guidelines related to Real Estate, and other sector-specific regulations. Ability to manage multiple stakeholders and projects simultaneously with high levels of accuracy and accountability. Excellent communication, analytical, and problem-solving skills. Self-driven, detail-oriented, with a high sense of ownership and integrity. Educational Qualifications MBA (Finance) / CA / CFA preferred. Relevant certifications in Credit, Risk Management, or Real Estate Finance will be an advantage. Why Apply For This Role Work at the intersection of Business Strategy, Risk Management, and Compliance. Gain unmatched exposure to a pan-India Real Estate lending portfolio (~- 25,000 crores). Be part of a dynamic, high-performing team with high visibility across senior management. Opportunity to work on high-impact assignments in a specialized and evolving sector. Steep learning curve with career growth opportunities within the Real Estate Finance vertical. (ref:iimjobs.com) Show more Show less
