Area Technical Manager Ranchi
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Job Summary
Basic Details: Fill the required information about business unit location position reports to position and date of updation of JD |
Business | Financial Services | ||
Unit | Aditya Birla Finance Ltd. | ||
Location | Mumbai | ||
Poornata Position Number of the job | Reports to: Poornata Position Number | ||
Poornata Position Title of the job | Technical Manager | Reports to: Poornata Position Title | Zonal Technical Manager |
Function | Risk Management & Compliance | Reports to: Function | Risk Management & Compliance |
Department | Risk & Legal & Collections | Reports to: Department | Risk & Legal & Collections |
Designation of the Employee: | Area Legal Manager | Managers Designation: | Regional Legal Manager |
Date of writing/ Updation of JD | 30 Jan 2023 |
Business Unit Location Poornata Position Number of the Job Reports to: Poornata Position Number Poornata Position Title of the Job Reports to: Poornata Position Title Function Reports to: Function Department Reports to: Department Designation of Employee Managers Designation Date of Writing/Updation of JD 1) Job PurposeTo support the Credit function by conducting technical due diligence and valuation assessment of collateral properties across retail SME LAP and developer finance portfolios. The role ensures accurate evaluation of property risks compliance with technical underwriting standards validation of construction progress and mitigation of credit losses arising from inadequate collateral assessment. 2) DimensionsSkills
Scope
3) Job Context & Major ChallengesOrganization ContextAditya Birla Finance Limited (ABFL) is a lending subsidiary of Aditya Birla Capital Limited and one of Indias leading diversified NBFCs. ABFL offers a wide range of lending products across Retail SME Mid-Market and Corporate segments through an extensive branch network and digital channels. The Credit Risk function plays a critical role in ensuring prudent underwriting and safeguarding asset quality. Within Credit Risk the Technical Evaluation team assesses collateral adequacy construction quality marketability and technical compliance of properties offered as security. Job ContextThe Area Technical Manager is responsible for conducting and overseeing technical due diligence of properties proposed as collateral. The role involves property inspection valuation review verification of approvals construction assessment and risk identification. The incumbent works closely with Credit Legal Sales Collections and external technical agencies to ensure timely and quality decision-making. The position is critical in protecting the organization against collateral-related risks valuation inflation fraud and construction-related issues that may impact recoverability. Major Challenges
4) Key Result Areas
5) Job Purpose of Direct ReportsTechnical ManagerTo perform property inspections technical appraisal valuation reviews documentation verification and preparation of technical reports for credit assessment. Technical OfficerTo coordinate site visits collect property documents support technical verification activities maintain MIS and assist in audit and compliance requirements. 6) RelationshipsInternal
External
7) Organizational RelationshipsNational Technical Head SIGN-OFFJob HolderName: Date of Entry / Approval: Reports To (Manager) |
Required Experience:
Manager
About Company
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