About the role
Job Description:
Core Responsibilities:
- Perform in-depth industry, market, and competitor research.
- Perform valuation analysis on a wide range of companies using all accepted and relevant asset valuation approaches and theories.
- Design valuation models for asset valuation.
- Independently gather data pertinent to the engagement through direct client interaction and on-site collection of data relating to client assets.
- Inspect various assets including residential, commercial, and industrial properties/assets.
- Identify and develop new streams for revenue growth and maintain relationships with builders to achieve repeat business and chalk out ways to generate revenue.
- Liaise with valuation agencies, real estate developers, and local government bodies for market analysis and market updates.
- Build and strengthen relationships with key builders/developers and get project approvals on technical aspects and thereafter help monitor construction status at periodic intervals. Organize and maintain such project database and provide periodic reports to management on activities and trends.
- Segment markets based on property types and identify properties with high risks or in negative areas (e.g. low-line, very low chance of resale, poor quality construction, old construction areas, etc.).
- Guide and develop technical policy and monitor the portfolio/delinquencies related to technical aspects of the respective geography.
- Develop checks and processes to control fraud, build database, and deduce multiple funding or excess funding on properties, e.g. circle rates, reference rates to credit team, database of properties under dispute as per securitization notices by different banks as public notices, properties under public notice/court notice/in technical agencies' database under dispute, etc.
- Scrutinize project approvals for the organization, timely monitoring and ensuring compliance on legal and technical aspects and their timely updates.
- Analyze new upcoming residential projects in the zone and facilitate fast approval for advanced processing and funding.
- Conduct property audits to analyze collateral risk and manage quality real estate portfolio of the organization.
- Keep track of developments in the real estate market and their impact upon lending parameters, property valuations, and other financial implications.
- Monitor market feasibility of projects for industrial, residential, commercial, or institutional purposes, periodically checking property documents and presenting bylaw violations as per plot size.
- Manage the vendors involved in the technical evaluation process.
- Train and evaluate the proficiency levels of the team on a regular basis while maintaining TAT targets for the technical evaluation process.
- Work closely with the legal counterpart on the technical evaluation front.
- Carry out spot checks on a frequent basis and maintain an MIS related to the technical evaluation.
- Help collections tie up with brokers and negotiate rates for resale of properties surrendered, taken over through legal process, or any other property bought or rented by the business.
- Help maintain a healthy portfolio through the preparation of feasibility reports, valuation reports, project monitoring reports, and market surveys to gather data on the real estate market.
- Understand and analyze risks associated with property/project/market/developer and analyze exposure that can be taken.
Requirements:
- Graduate: Yes (Diploma/Degree in Civil/Architecture)
- Desired Experience: Minimum 1 to 5 years in the field.