Senior Area Manager - Underwriting, Business Loans, Business Loans - Growth

UnderwritingSaharanpur Posted On 05 Dec 2024 End Date 05 Dec 2025 Required Experience 2 - 4 Years BASIC SECTION Job Level GB04 Job Title Senior Area Manager - Underwriting, Business Loans, Business Loans - Growth Job Location Country India State UTTAR PRADESH Region North City Saharanpur Location Name Saharanpur Tier Tier 2 Skills SKILL SKILLS AS PER JD Minimum Qualification OTHERS JOB DESCRIPTION Job Purpose “This position is open with Bajaj Finance ltd.” Duties and Responsibilities Designing processes and program for Mortgage portfolio Central Technical Monitoring and review framework for RM/D2C business. Conducting invisible monitoring too creating audit reports, and reporting to senior management. Understanding the complexities of Panchayat properties, its bye laws and acceptability of Panchayat properties. Analyzing location level collateral practices, bye-laws and property norms and deriving the location collateral policies. Risk management for property portfolio for Mortgages Portfolio. Technical audits/Mystery valuation to be conducted every months across branches to ensure the valuation process is in line with the best standards and practices Interaction with various internal and external vendors like FCU agency, CIBIL, panel advocates/valuers, FI agency etc on regular basis to get feedback and market information to establish possible risk points, default trends and gaps in current policy and processes. Conducting audits at central operations shop to check if the branch credit and sales team are fully complaint on current processes and policies. Required Qualifications and Experience "• Work Experience: Minimum 2-4 years Person with Technical and legal knowledge of property and various property transactions. Qualifications of BE civil/Bachelor of architecture. Construction management / MBA in Finance will be an added advantage. Exposure to property and project assessments / valuation: Candidates having work experience with reputed banks / HFCs will be an added advantage. Analytical skills Understanding of mortgage process and system"