About the role
Some high level things you would own but not limited to:
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Formulation of Technical Policy for secured LAP.
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Evaluate property technical reports for LAP (Loan Against Property). Ensure compliance with valuation standards and internal policies. Assess the Property quality, marketability, and liquidity, Construction status, age, and structural risks.
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Technical Report TAT adherence as agreed and defined in SOP.
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Identify technical risks in property documents and verify site feasibility and marketability of collateral.
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Manage and onboard external vendor technical agencies (valuation firms/technical officers) to ensure timely and quality reports.
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Ensure all technical documentation aligns with regulatory standards.
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Conduct spot checks on high-value properties and audit vendor reports to prevent fraud or overvaluation.
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Coordinate with Sales/Product/Credit/Technology and Operations to fine tune the process.
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Policy related training and frontline support for resolution of their queries.