Technical Manager – LAP (Credit)

About WeRize

Founded in 2019 by Vishal Chopra and Himanshu Gupta, WeRize is building India's largest full stack fintechplatform for 500 million underserved middle-class customers who live in 5000+ small towns of India. WeRize (Wortgage technologies pvt ltd) also owns RBI registered NBFC subsidiary (Wortgage Finance pvt ltd)

This customer segmentis not served by privatesector banks, Insurersand Mutual Fund companies due to their low ticket-size and lifetime value and is dependent on PSU/Govt. banks. PSU/Government banks rarely provide financial products beyond basic savings accounts and these customers lack access to unsecured loans, MSME loans, credit cards, affordable housing loans, loan against property , health and life insurance and investment products. WeRize manufactures innovative unsecured consumer credit, mortgages, loan against property, MSME loans,savings and insurance products designed for this customer base keeping in mind their needs, requirements and purchasing power, with a view to add a layer of financial security to their lives and enable access to credit.

While customers in these geographies use smartphones, they need properguidance and support when purchasing the right financial products for themselves. So, a pure digital model doesn't work for this segment. WeRize has innovated on this front through its Finance ki online dukaan (Social Shopify of Finance), a first of its kind social distribution tech platform in the financial services space that educates and enables local financially literate freelancers across these small towns to source business through online and offline channels, recommend the right financial product(s) to customers as well as provide after sales support.These freelancers, who are located in more than 5000+ towns and cities, earn as much as INR 30,000 a month from WeRize in commissions.

Our social distribution platform supported by financially literatefreelancers means exceptionally low cost of customer acquisition (CAC) and operations costs compared to both fully digital and on-the-ground financial services providers. Digital conversions among this target group are way lower when comparedto upper income customers in metros and hence pure digital CAC doesn't workfor this segment. While companies like LIC and Fino Bank also rely on freelancer distribution, they deploy local on-fieldteams/branches to manage freelancers in every city. That resultsin very high CAC and operations costs for such companies. WeRize on the other hand, has been able to acquire, train and manage thousandsof freelancers in 5000+ citiesonly through its tech platform and without any feet-on-street team of its own. This results in highly profitable business model for Werize.

To know more about the company, please visit: https://www.werize.com/

Role Description:

We are seeking an experienced and dynamic professional to lead the technical operations for our Loan Against Property (LAP) vertical at a national level. This role involves owning the entire technical due diligence process, vendor management, policy formulation, and ensuring standardization of property assessment and valuation across geographies.

Key Responsibilities:

Technical Due Diligence Oversight:

• Lead and standardize technical property due diligence processes (including site inspection,
• valuation, deviation analysis, and approvals) across all locations.

Policy Formulation:

• Develop, implement, and update technical policy guidelines for LAP lending, ensuring
• alignment with credit risk, legal, and regulatory requirements.

Vendor Network Management:

• Build and manage a pan-India network of technical vendors including valuers, engineers, and
• surveyors. Define SOPs and SLAs for performance and turnaround time.

Team Leadership:

• Lead a national team of technical managers. Ensure training, capability building, and
• adherence to technical assessment standards.

Compliance & Risk Management:

• Collaborate with the credit and legal teams to identify risks related to property
• documentation, approvals, encroachments, and usage deviations. Mitigate risks through
• technical inputs.

Audit and Review:

• Conduct periodic technical audits, quality checks, and vendor performance reviews. Drive
• continuous improvement and cost-efficiency.

Technology & Automation:

• Work with product and tech teams to digitize the technical due diligence process. Enable geotagging, valuation scorecards, and integration with LOS/LMS.

Desired Candidate Profile:

• B.E./B.Tech in Civil Engineering (preferred); additional certifications in valuation or real estate desirable.
• Minimum 12-15 years of experience in mortgage / LAP technical due diligence with a bank or NBFC.
• Strong understanding of property laws, local building norms, and market valuation practices.
• Experience in pan-India operations and vendor management is essential.