ABHFL - Area Technical Manager - Informal - Indore

Job Description

Job Purpose

Area Technical Manager is responsible to assist Regional technical manager in risk management by ensuring that properties held as security for mortgages, home loans and Construction Finance are marketable and identifying and evaluating associated risks, to prepare and monitor the MIS for capturing the behaviour of the portfolio and the quality of security and to effectively monitor the technical vendors to ensure that the quality of technical reports and TATs are adhered.

Job Context & Major Challenges

Job Context:Job Challenges:
Part of the Aditya Birla Capital(ABC), Aditya Birla Housing Finance Limited (ABHFL) is registered with the National Housing Bank as a housing finance company under the National Housing Bank Act, 1987. The company offers a complete range of housing finance solutions such as home loans, home improvement and home construction loans, balance transfer and top-up loans, loans against property and construction finance. The company acquired its license on 9th July 2014 and has aggressive growth plans.ABHFL operates in the Rs. 11.4 trillion Indian Housing Finance market, which has grown at a steady rate of 17% CAGR over the last 3 years while reporting good asset quality despite challenges in the operating environment. While the industry is dominated by five large groups, there has been an emergence of newer entrants in niche segments like affordable housing and self-employed borrowers, given the high potential in these segments. Despite increased focus by banks, HFCs have been able to maintain their share in the mortgage market and has remained stable at 37% as on December 2015.The ABHFL Sales organization works broadly with 3 customer segments - retail (individual) customers, institutional customers (for retail and institutional loan consumers) and builders (for both retail tie-ups and construction finance), with a major share of the business coming from retail customers. Client segments can also be divided into Salaried and Self employed, with both of these having very different preferences and needs.Part of the Aditya Birla Capital (ABC), Aditya Birla Housing Finance Limited (ABHFL) offers a complete range of housing finance solutions such as home loans, home improvement and home construction loans, balance transfer and top-up loans, loans against property and construction finance. ABHFL operates in the Rs. 9.7 trillion Indian Housing Finance market, which has grown at a steady rate of 19% CAGR over the last 3 years while reporting good asset quality despite challenges in the operating environment.
Key Challenges
Cross functional coordination to enable timely approval of proposals
Self updation on economic / sectoral changes in the economy
Improvising on TAT
Customer Satisfaction: Internal as well as external customer satisfaction.
Vendor Management: Seamless co-ordination with external entities.
Enabling Skill Sets & Qualifications
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 7-8 yrs of experience. Total experience should be of good mix of construction as well as valuation. Valuation experience with Banks or NBFCs is preferably

Key Result Areas