Technical Manager - Mortgage - Vijayawada

Role & responsibilities

The candidate will beresponsible forProperty Valuation:Overseeing property valuation assessments to determine the marketvalue and suitability of the property as collateral for the LAP.Technical RiskAssessment: Analyzing technical aspects of the property, such asconstruction quality, age, location, and compliance with buildingcodes, to assess potential risks associated with the LAP.Technology Integration:Implementing and managing software and technology solutions thatstreamline and enhance the LAP lending process, such as propertyvaluation tools and risk assessment software.Compliance andRegulations: Ensuring that all technical aspects of the LAPlending process adhere to regulatory requirements and internalpolicies.Vendor Management:Overseeing relationships with external vendors, such as propertyvaluation firms, to ensure timely and accurate propertyassessments.Keeping update on marketintelligence on negative / unauthorised properties / demolitiondrive/ future development.Close liasoining withvendor for checking authenticity of submitted technicaldocuments.Innovating ways forreducing cost of doing technical assessment and reduction of TAT.Complying withtechnological advancement of the company initiatives for onlinetechnical updation.Checking vendor reportquality and providing them feedback.Checking and vettingtechnical on deals mandated as per policy.

Team Leadership: Leading and mentoring a team of technical analysts responsible for property evaluation and risk assessment.Process Improvement: Identifying opportunities for process optimization and efficiency in the LAP lending workflow.Collaboration: Collaborating with other teams, such as credit risk, legal, and operations, to facilitate a smooth and efficient LAP lending process.

Preferred candidate profile

As a added advantage if the candidate is coming from a background of BFSI industry Bachelor or equivalent Degree from recognized university.