Company Description
Optimo Capital is revolutionizing the Loan Against Property (LAP) market by creating India's first digital LAP product. By leveraging technology, Optimo expedites loan processes, providing in-principle sanction letters in just 2 hours and disbursements within 48 hours, addressing the delays traditionally seen in this sector. With 17 operational branches across Karnataka, Tamil Nadu, Andhra Pradesh, and Telangana, Optimo is expanding to 50 branches by March 2025, including rural areas to ensure a robust omni-channel presence.
Location: Bangalore
Role Description
This is a full-time, on-site role based in Bengaluru South for a National Technical Evaluation Manager. The individual will be responsible for overseeing property and loan evaluations, developing efficient processes for accurate land and property assessments, and working closely with the technical team to drive the digitization of evaluation systems. The role also requires collaboration with field teams to ensure accurate sourcing and alignment with regulatory guidelines. The candidate will contribute to optimizing technical evaluation through advanced tools while producing actionable insights for loan decision-making.
Key Responsibilities
- Lead national-level technical evaluation for LAP, Home Loans, Mortgage, and Construction Finance portfolios.
- Review and approve technical reports including property valuation, site inspections, construction stage verification, and project feasibility.
- Define and implement technical policies, SOPs, and quality benchmarks across branches and regions.
- Manage and empanel external technical vendors, architects, and engineers; ensure service quality and TAT adherence.
- Handle exception cases, deviations, and escalations with sound risk mitigation recommendations.
- Conduct periodic audits, field reviews, and quality checks to ensure compliance and accuracy.
- Work closely with Credit, Legal, Risk, and Business teams to support faster and safer credit decisions.
- Provide technical inputs for policy changes, new product launches, and process improvements.
- Train and mentor regional technical teams to ensure consistency and best practices nationwide.
Eligibility & Experience
- Bachelor's degree in Civil Engineering / Architecture (mandatory).
- 1015+ years of experience in technical evaluation within Banks, NBFCs, or Housing Finance Companies.
- Strong exposure to secured lending products and large-scale property evaluations.
- Experience handling pan-India or multi-region portfolios is highly preferred.
Qualifications
- Proficiency in property evaluation, data analysis, and mortgage assessments
- Strong leadership, team management, and collaboration skills
- Experience with property law, regulatory compliance, and risk assessment
- Familiarity with using digital tools, technology, and platforms for asset evaluation and process automation
