Area Technical Manager-Credit - Technical-Lucknow

Job Purpose: Write the purpose for which the job exists (in 2-3 lines) ( Max 1325 Characters)
To contribute to mortgage risk management by ensuring that properties held as security for mortgages, home Loans and construction Finance are marketable and identifying and evaluating associated risks, to prepare and monitor the MIS for capturing the behavior of the portfolio and the quality of security and to effectively monitor the technical vendors to ensure that the quality of technical reports and TATs are adhered to.
Dimensions: Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job.
Function Workforce Number
14
Other Quantitative and Important Parameters for the job: Budgets/ Volumes/No. of Products/Geography/ Markets/ Customers or any other parameter
Parameters
units
FY 2021
FY 22(proj.)
Fy-23(proj)
Book size
Crs
STSL
550
1700
3000
Mortgages
8990
10385
11850
SME
6000
7500
8500
LCMM
5800
6900
7500
Description
FY 2021
FY 22 (proj.)
Fy-23 (proj)
Business verticals
4
4
4
locations handled
10
20
40
valuation Agencies
20
30
50
Valuation cost save ( fee-negotiation)
Business
FY 2021
FY 22 (proj.)
Fy-23 (proj)
ABFL (Mortgages/ STSL/LCMM/ SME)
50 lakhs
80 lakhs
100 lakhs
Job Context & Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section ( (Max 3975 Characters)
Organizational Context
Aditya Birla Finance Limited ("ABFL") is a lending subsidiary of Aditya Birla Capital Limited. ABFL is registered with RBI as a Systematically Important Non-Deposit accepting Non-Banking Finance Company (NBFC). ABFL is one of the top private diversified NBFCs in India. As of 31-Dec’20, ABFL has a pan-India presence with 91 branches and a lending book of Rs. 45,560 Crores.
ABFL offers end-to-end lending solutions to a diverse set of customers - Retail, HNI, MSMEs, and Mid & Large Corporates through secured as well as unsecured loan products. The diverse range of lending products includes Retail Small Ticket Secured and Unsecured Loans, Unsecured Personal Loans, Unsecured Business Loans, Health & Education Loans, Digital B2B2C and B2B2B Small Ticket Loans, Small Business Secured Loans, Loans Against Property (LAP), Lease Rental Discounting (LRD), Construction Finance (to Real Estate Developers), SME Loans, Capital Markets Loans (Loan Against Shares), Supply Chain Finance, Mid and Large Corporate Loans, and Infrastructure Finance loans. ABFL also has a Wealth Management division.
ABFL is rated “AAA” by India Ratings, ICRA and CARE (reaffirmed in 2020). ABFL secured the ABG Business Excellence Award in 2017 (Silver), and 2015 (Bronze), and multiple other Awards on forums like CII.
Job Context
This role is an integral part of the Risk & compliance & is responsible for carrying out due diligence for the underlying security i.e. Real Estate Property and 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. He is also responsible for providing and 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 must 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.
Major Challenges
Cross functional coordination to enable timely approval of proposals
Self-updation on economic / sectoral changes in the economy
Improvising on TAT and customer Satisfaction: Internal as well as external customer satisfaction.
Vendor Management: Seamless co-ordination with external entities.
Key Result Areas: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas)- Maximum 10 KRAs can be updated
Key Result Areas ( Max 1325 Characters)
Supporting Actions ( Max 1325 Characters)
Policy & Process
Preparing & review City Specific Process notes which can cater city specific deviations & mitigants for the same.
Inputs for updating technical policy, Vendor management Policy, Audit policy
Vendor Management
Vendor Empanelment for respective locations
Periodical review of the vendors for respective zones.
Monitoring TAT
Resolving valuation specific queries from respective locations.
Carry out technical evaluations of property to be held as security against mortgages / LAPs and home loans
Oversee the real estate valuation process for ABFL, to be carried out through external technical agencies as well as an in-house technical team
Identify projects for which home loans may be approved on an expedited basis, so as to reduce the turn-around-time of home loans
Develop and oversee the upkeep of a technical MIS and supervise technical activities across locations
Coordinate with valuation agencies to purchase valuation reports; carry out checks and validations of these reports and incorporate them into the technical database
Ensure compliance with technical norms (both internal and regulatory) in line with organizational policies
Appraise senior management of any amendments in development control regulations affecting the real estate sector, and their effects on business
Audit & Hind sighting
Carrying out periodical audits of vendors for respective locations
Carrying out monthly audit for sampled valuations, lease rentals for respective locations.
Oversee the development and upkeep of an MIS for technical information
To prepare regular MIS for areas under risk management and give presentation to various stakeholders
Develop an MIS system to track TAT, price trends , valuer allocation %, collateral score data.
Prepare MIS reports and trend charts on portfolio progress/variances/defaults for all the loans during their credit life cycle and present them to the team leader.
Job Purpose of Direct Reports: Describe the job purpose of the direct report/s to the job (in 2-3 lines for each report)
NA
Relationships: Describe the nature and purpose of most important contacts or relationship (except superior/team members) with individuals, departments, organizations inside and outside of the organization, that job is required to interact with in order to deliver the job objectives
Relationship Type Frequency Nature
Internal
Zonal Technical
Head Technical
National Risk Head (Mortgages / HFC / CF)
Regional Credit Manager (Mortgages/HFC/CF)
Daily
Weekly
Need based
Daily
MIS, intimation in cases requiring management intervention
Recommendations on loans, ongoing portfolio/client reviews, documentation audits
MIS, intimation on major shortfall/skips/defaults in portfolios
External
Clients
External Vendors
Regulatory authorities
Need based
Daily / Weekly
Need Based
Documentation, intimation in case of shortfall
Real Estate property issues, valuation issues, audit etc.
Document verification, changes in statutory norms

Work arrangement
No