Area Technical Manager-Secured Credit Technical

POSITION DESCRIPTION

JOB TITLE

Area Technical Manager

GRADE

AVP-I

DEPARTMENT

Credit

LOCATION

HO

SUB-DEPARTMENT

TYPE OF POSITION

Full-time

REPORTS TO

National Manager – Technical – Secured Retail Assets

REPORTING INTO

NA

1. ROLE PURPOSE & OBJECTIVE

• This role is accountable to monitor the Technical evaluation of home loans, LAP carried out by Technical vendors and responsible for the valuations carried by in house technical team.

• The role incumbent is responsible for evaluating, verifying and approving the tranche of the loan amount.

• Oversees empanelment and assessment of the technical vendors across the region.

1. SIZE OF THE ROLE

FINANCIAL SIZE

NON-FINANCIAL SIZE

• 600 Cr – asset Portfolio at PAN India level to be managed

• Implement Micro Lap and scale up underwriting of secured & unsecured Agri products

• All fintech partners, technical vendors and BCs associated/ to be associated with Rural banking

• Manager credit function for all RB products across regions

• Manage monthly disbursement of 60 Cr (Over 100Cr Projected)

• 12,000 Credit files processed in a month

1. KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business:

• Works closely with the underwriting head at the location/ regions, Head office and develops robust technical evaluation norms.

• Monitors the technical evaluation process across region.

• Directly carries out the technical evaluation process on a need basis.

• Responsible for empanelment of Technical vendor

• Manages the vendors and in-house technical team involved in the technical evaluation process.

• Carries out spot checks on a frequent basis.

• Maintains and publishes MISs related to the technical evaluation.

• Monitors handling of fraud cases on the technical front i.e. identification, handling, reporting and facilitates closure as per the action decided.

• Maintains quality of Report on cost estimation, property identification & cost calculation, recommendation as per policy etc.

• Oversees Loan Utilization check

• Monitoring customer's work & guiding customers to complete work within estimated cost.

• Establishes technical policy and practice of the valuation in purview of geography, town planning regulations, local practices etc.

• Responsible for the technical survey of the new area, cluster in valuation terms and reports accordingly to the higher management.

Customer:

• Closely co-ordinates with sales and credit team on technical appraisal of customers

• Works closely with the legal counterpart on the technical evaluation front.

• SPOC for all technical vendors and responsible for the timely repayment of the valuation service taken by the organization.

• Responsible for the renewal and reinstate the charges for the valuation.

Internal process:

• Responsible for evaluation of tranche payment, Approval and recommendation of the same as per DOA/process

• Identifies risks related to technical / property and reports to Risk/credit for process/policy improvement. Need to work closing with Risk and Credit department.

• Takes technical related initiatives to strengthen Products and Processes

• Maintains TAT targets for the technical evaluation process.

Learning & Performance:

• Trains and evaluates the proficiency levels of the team on a regular basis.

• Ensure adherence to training man-days/ mandatory training programs for self and reportees

• Ensure goal-setting, midyear -review and annual appraisal process happens within specified timelines for self and reportees.

1. MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational

Qualifications

• Diploma or BE in Civil Engineering or Architecture (B. Arch)

Experience

• Minimum 5 to 6 years of experience

Certifications

• NA

Functional Skills

• Good written and verbal communication skills in English and local language

• Understands and executes the Procedure of estimating

• Thorough knowledge of Methods of building estimates of residential projects, individual house and commercial properties.

• Understanding of the Structural stability, impact of earthquake and other natural calamities on the residential/commercial projects-individual units.

• Knowledge of local practices of the building structures across various localities.

Behavioral Skills

• Team handling and conflict management skills

• Leadership capabilities

• Performance coaching.

• Maintains positive working relationships.

• Is flexible and willing to cooperate with others.

• Demonstrates ability to listen and understand.

Competencies

Planning and Organizing

Execution

Collaboration

1. KEY INTERACTIONS

INTERNAL

EXTERNAL

• Credit officers, CCM, ACM

• Loan officers, RM, CM, AM, RBM

• Operations

• FCU manager, Products, Auditors

• Legal advisors

• Accounts officers, Mangers

• Technical Vendors

• Customers

• Local bodies/Town planning authority

PREPARED BY:

DATE: 18-08-2023

REVIEWED BY: Anand Devata

DATE: 29-12-2023

LAST UPDATED BY : TM Team

DATE: 01-02-2025