Area Technical Manager Rising Sun Business Solutions

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.

5)     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

Relationship Type 

Frequency 

Nature 

Internal

1. Zonal Technical
2. Head Technical

1. National Risk Head (Mortgages / HFC / CF)

1. Regional Credit Manager (Mortgages/HFC/CF)

Daily

Weekly

Need based

Daily

1. MIS, intimation in cases requiring management intervention
2. Recommendations on loans, ongoing portfolio/client reviews, documentation audits

3. MIS, intimation on major shortfall/skips/defaults in portfolios 

External

1. Clients

1. External Vendors
2. Regulatory authorities

1. Need based

1. Daily / Weekly
2. Need Based

1. Documentation, intimation in case of shortfall
2. Real Estate property issues, valuation issues, audit etc.
3. Document verification, changes in statutory norms 

7) Organizational Relationships: Provide the structure for a level above and below the position for which this job description is written. Use position titles in the structured and indicate all the reports of the position.