ABHFL - Area Technical Manager - Delhi

Job Description

Job Purpose

Real Estate property is the underlying security for any secured mortgage based funding. Hence it becomes imperative to have underlying security to be legally, technically clear & fundable. Important aspects of real estate properties are valuation, compliances w.r.t. statutory permissions, physical condition. This can be done through approved valuers as well as in-house technical team.

This position is required to cater different businesses for Aditya Birla Finance Ltd. which majorly includes:
1.Construction Finance business
2. High Value Mortgage business
3. Retail Mortgage business
4Home Loans-including Affordable Housing.
Corporate Finance Group
Any other division under Aditya Birla Finance Limited which deals with real estate related finance.

Job Context & Major Challenges

Job Context/Job Challenges:

As the debt arm of Aditya Birla Financial Services Group (ABFSG), Aditya Birla Finance Limited (ABFL) offers specialized lending and financing solutions in the areas of Capital Markets, Corporate/ Trade Finance, Commercial Real Estate and Mortgages. Currently ranked within the top 10 NBFCs A well established brand and top 3 player in the Capital Markets space, today our product suite comprises of a well-diversified look, with equal weightage and focus given to the 3 lines of business. Having seen a y.o.y cumulative growth of 50% in both top-line and bottom line, sustainable profitability continues to be the key management agenda. The company has a well-defined vision of being one of the most reputed and material financiers within the lending space-spread across both retail HNI and corporate clientele. We have made significant investments in our process and system infrastructure towards preparing for the next level of growth and are one of the only financial entities certified for ISO 9001:2008 across all our business processes. Spread across 18 cities, we plan on further diversifying our risk and revenue mix through expansion into new geographies and new product segments allowing our customers a one-window shop for all their financing needs.

This profile would require an understanding of following types of properties:
Residential Property-under construction & completed.
Commercial Property-under construction & completed.
Industrial Property including Warehouses
Specific usage properties-schools, hospitals, hotels etc.
Commercial Real Estate Projects-Residential, Commercial, Retail & Mixed development.

The role also requires an understanding of following types of transactions:
Home Loans-Builder purchase,
Loan Against Property
Lease Rental Discounting
Construction Finance

The major challenges to this profile include:

Cross functional coordination to enable timely approval of proposals
Regular updation on changing economic & Industry scenario.
Indepth and extensive knowledge on each of the micro- market.
Monitoring TAT of valuations.
Customer Satisfaction: Internal as well as external customer satisfaction.
Vendor Management: Seamless co-ordination with external entities.
Team management.

The critical skill sets are a strong analytical acumen, evaluation skills, detail orientation & decision making skills, initiative & target orientation & market intelligence developed through a strong industry network. The education & experience required to fulfil this profile are a Civil Engineer with minimum 8 to 10 years of experience. Total experience should be of good mix of construction as well as valuation. Valuation experience with Banks or NBFCs is preferable.

Key Result Areas