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Zonal Technical Manager - Technical Valuation - Housing - Valuation - Mumbai - Vikhroli - MM

10-12 Years
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Job Description

Job Description

Core Responsibilities:

  • Work closely with the zonal sales/credit team at hub and develop robust technical evaluation norms.
  • Monitor and scrutinize projects for approval by the organization, ensuring compliance on legal and technical aspects and their timely updations.
  • Analyze new upcoming residential projects in the zone and facilitate its speedy approval for advanced processing and funding.
  • Evaluate builder and projects so as to facilitate property audits to analyze collateral risk and efficiently manage quality real estate portfolio of the organization
  • Monitor market feasibility of projects for industrial, residential, commercial or institutional projects, periodically checking property documents and identifying bylaws violation as per plot size.
  • Manage the vendors involved in the technical evaluation process, ensuring regular vendor visits and assuming responsibility for all vendor payments
  • Train and evaluate the proficiency levels of the team on a regular basis, ensuring productivity and cost effectiveness of team Maintain 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.
  • Monitor handling of fraud cases on the technical front i.e. identification, handling, reporting and facilitating closure as per the action decided
  • Build and strengthen relationships with valuation agencies, real estate developers and local government bodies for market analysis and Market updations.
  • 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.
  • Develop a deep market intelligence so as to understand its impact upon lending parameters, property valuations and other financial implications.
Graduate : Yes (Diploma/ Degree in Civil/ Architecture)
Masters/Postgraduate: Yes

Desired Experience: Minimum 10 to 12 years in the field.

More Info

About Company

Tata Asset Management Limited (TAM) is the Investment Manager to Tata Mutual Fund. Our origin stems from a much respected and internationally acclaimed industrial house &#8211&#x3B; the Tata Group &#8211&#x3B; whose business philosophy has made our country and its people partners in the wealth creation process. Our heritage invokes "trust" among consumers, employees, shareholders and the community alike. Though a great heritage is obviously something to cherish, we also seek to carry that legacy through a set of well defined and time tested globally accepted business practices. Being part of the Tata group, we are well known for our strong adherence to highest standards of ethics and fairness in all our business dealings.
TAM manages funds across the entire risk-return continuum. These include equity funds, balanced funds and debt & money market oriented funds. The company provides investment management, risk management and advisory services to institutional, intermediary and individual investors.

Job ID: 134345843