Cluster Technical Manager-Secured Credit Technical

1. POSITION DESCRIPTION

JOB TITLE

Cluster Technical Manager

GRADE

SM

DEPARTMENT

Credit

LOCATION

Region/Cluster

SUB-DEPARTMENT

Housing

TYPE OF POSITION

Full-time

REPORTS TO

National Technical Manager

REPORTING INTO

Technical Officer/Deputy Technical Manager

1. ROLE PURPOSE & OBJECTIVE

• This role is primarily responsible to provide technical/valuation support to designated Credit Team (MSME/Housing/MLAP & other secured verticals) to enable them make suitable decisions on funding projects and study and verify drawings, Estimate and Construction Area.

• The incumbent works on cost estimation for various works and materials Supervise Construction Execution for RCC works and Finishing work.

• Visit of the properties to ensure funds has been utilized for the purpose mentioned and monitor timely release of construction tranches.

• He need to manage 30 to 40 vendors and should be well aware of local practices with respect to collaterals and competition practices.

• The incumbent should be able to identify the risk involved in the collateral which is being offered us as collateral.

1. SIZE OF THE ROLE

FINANCIAL SIZE

NON-FINANCIAL SIZE

• 100 Cr - 300 Cr.

• Handle a team of 3 to 4 Technical officer/Manager

• Manage cross functional teams – Credit, Business team

• Manage 30 to 40 vendors

1. KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business

• Ensure policy and process adherence in the region.

• Empanel, monitor and Co-ordinate with Technical Agencies

• Ensure timely training to branches in the region.

• Suggest Policy revisions in line with changing market conditions.

• Study and verify drawings, Estimates and Construction Area and determine Cost estimation for various works and materials

• Ensure construction tranches are being released within time line to ensure best service to stakeholders

• Review of Technical visit report submitted by the external agencies and maintaining report hygiene

• Participate in imparting Fresher/Refresher training of SHL team in the region

• Close co-ordination with sales and credit team on technical appraisal of customers

• Maintaining property and area data base to monitor inflation/deflation in the property price

• Monthly review of external agencies to fill the gap in between policy of the company and by laws of local regulatory bodies

Customer

• Oversee Execution for RCC and Finishing work as per timelines of the project

• Validating loan utilization

• Visit of the properties to ensure funds has been utilized for the purpose mentioned

• Appoint suitable external agencies and Review of Technical visit report submitted by the external agencies and maintaining report hygiene

Internal Process

• Preparing case studies & maintain technical training content for the region

• Provide Market intelligence writ to the property prices and market conditions from a competition and customer stand point

• Recommendations on new processes & fraud Control initiative etc.

• NPA and STD accounts revaluation monitoring.

Learning and Performance

• Expert knowledge of property segments in various markets of India and their performance histories.

• Keep knowledge of Builder behavior for the target segment

• Expert knowledge of negative profiles, negative property types and negative property locations and zoning regulations

• Complete understanding of various collateral types of all regions and cities in India and their title documentation requirements for creation of equitable mortgage

• Knowledge of property valuation process through vendors and knowledge& keen interest in monitoring current property price / historical property prices.

1. MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational

Qualifications

• Degree (B.E/B.Tech/B.Arc) in Civil/Structural/Architectural Engineering from a reputed college.

Experience

• Preferred experience of 4 years or more in property valuation and identification is must

• Ability to communicate with customers and internal team

Certifications

• NA

Functional Skills

• Knowledge of Property valuation, prevailing market rate, condition of the property and identification of the property

• MIS maintenance and monitoring Skills

• Communication Skills.

Behavioral Skills

• Team Player

• Attitude to learn

• Possesses good interpersonal skills.

Competencies

• Planning and Organizing

• Execution

• Collaboration

1. KEY INTERACTIONS

INTERNAL

EXTERNAL

Regional Credit Manager

Valuation Agencies

Regional Business Manager

Customers

Relationship Managers

Relationship Officers

Credit Managers

Regional Legal Managers

PREPARED BY : Credit Team

DATE : 29-11-2023

REVIEWED BY : Anand Devata

DATE : 29-11-2023

LAST UPDATED BY : TM Team

DATE : 11-12-2023