ROLE OBJECTIVE

The incumbent will be responsible for collateral risk management, collateral appraisal guidelines/system handling in BRE (business rule engine) environment, collateral reviews, monitoring HPI, liaison with lender’s technical teams & external vendors, handling various MI (management information) related to collateral origination & portfolio.

KEY RESPONSIBILITIES

• Development, implementation and governance of collateral risk frameworks across borrower segments (prime, affordable and deep affordable) and across diversified geographies in India.
• Managing network of third-party valuation agencies across locations (includes periodic/trigger-based review of technical agencies).
• Managing property & project valuations.
• Monitor HPIs and detailed analysis of real estate industry on regular basis.
• System handling in BRE (business rule engine) environment for various collateral policy related requirements.
• Conduct collateral visits, if required, to resolve discrepancies raised in the valuation reports, control vendor quality and to advise on the collateral acceptance.
• Liaison with lender’s technical team, their valuers, Government Bodies / Authorities, and other stakeholders.
• Collateral portfolio analysis on regular basis (including portfolio monitoring, deviation analysis, rejection data analysis, TAT, etc.).
• Create & timely update location / hub specific collateral guidelines based on local byelaws, market insights/practices and lender’s inputs.
• Building, mentoring and managing high performing teams across regions.
• Identifying process improvement opportunities and effectively implementing on ground.
• Regular training of underwriting team to ensure qualitative collateral data recording in system and appraisal process.
• Effectively collaborate with business development team during different stages of new lender onboarding.

SKILLS

Domain/Technical Knowledge

• At least 12-15 years working experience with HFC/Bank in mortgage loan valuations (both in affordable and prime borrower segment).
• Experience in risk management, policy and process formulation, data analysis, MIS, and reporting.

Behavioral/Others

• Strong interpersonal skills, working with cross functional teams and lender partners.
• Demonstrated ability to communicate effectively in writing clear and crisp policy guidelines.
• Strong organizational skills with ability to manage multiple priorities.
• Proven time management proficiency.
• High energy levels, “Can Do” attitude and works well under pressure to meet deadlines.
• Proven ability to work in teams, manage projects and deliver business results in a rapidly changing and cross-functional matrix environment.
• Resourceful, pragmatic and realistic approach to analysis with limited data and time.
• Open to frequent travel.

EDUCATION

Candidate must be a person with Civil Engineering / Architecture Background.

EXPERIENCE

12-15 years working experience with HFC/Bank in mortgage loan valuations.