Aditya Birla Home Finance/ Zonal Technical Mgr / Mumbai

Job Description: 1) Job Purpose: Write the purpose for which the job exists (in 2-3 lines) Zonal Technical Manager is responsible to assist National Technical Manager in risk management by ensuring that properties from his zone 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 Dimensions: Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job. Business/SBU/Unit Revenue Business Workforce Number Unit Workforce Number Function Workforce Number Department Workforce Number Other Quantitative and Important Parameters for the job: Budgets/ Volumes/ No. of Products/ Geography/ Markets/ Customers or any other parameter Job Context & Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section 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 for the role are as follows: a) Environment: The business environment is becoming volatile. Defining and communicating acceptable risk at all level in complete and clear manner is difficult. The interdependency of risk factor & external & internal events has increased which is making risk more volatile & less ` Annexure I : ABG Job Description Template ` HayGroup Job Description Template 2011 comprehensible a) Managing Portfolio: This position oversees all branches under the said zone. He will be responsible for overall quality of portfolio for respective zone with the help of team of ATM/RTMs reporting to this position. b) Market Dynamics: With the dynamic market conditions & changing regulatory aspects carrying out correct & timely interpretation of the revised regulatory framework is crucial to proactively advise to amend business plans to achieve business objective. c) Managing NPA: Developing effective credit lending norms, balancing the risk and growth in business through constant engagement with the business, maintaining market benchmarked turnaround time (TATs), strengthening policies& risk mitigation systems for both secured & unsecured portfolios to ensuring minimal NPAs while enabling the business to grow within the risk policy framework. d) Risk Management: Protect from potential loss on the credit portfolio by detecting early warning signals of deteriorating risks and devise plans to reduce exposure. e) Cross functional coordination: To enable timely approval of proposals Regular updation on changing economic & Industry scenario. Key Result Areas / Accountabilities: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas) Key Result Areas / Accountabilities Supporting Actions Development of policies and processes Prepare and review the overall technical policy for home loans and construction finance across India, including city specific process notes to account for location-specific deviations and mitigants Develop vendor management and vendor audit processes to establish robust risk management systems Conduct Technical evaluations of property and contribute to the overall risk management Lead the valuation efforts for key real estate projects including evaluation of projects, project lifecycles, cost break-ups and techno-economic feasibility analysis Identify the risks and mitigants related to projects and check regulatory compliances with respect to permissions and developmental control regulations Create a real estate intelligence service for ABHFL with the objective of systematically collecting and analysing data on the particular target market Create and oversee the upkeep of a database containing information on projects, zones, p .