Area Manager - Underwriting/Senior Area Manager - Underwriting

Bajaj Finserv


Date: 2 weeks ago
City: Ludhiāna, Punjab
Contract type: Full time
Job Purpose

“This position is open with Bajaj Finance ltd.”

Duties And Responsibilities

  •  Designing processes and program for Mortgage portfolio
  •  Central Technical Monitoring and review framework for RM/D2C business.
  •  Conducting invisible monitoring too creating audit reports, and reporting to senior management.
  •  Understanding the complexities of Panchayat properties, its bye laws and acceptability of Panchayat properties.
  •  Analyzing location level collateral practices, bye-laws and property norms and deriving the location collateral policies.
  •  Risk management for property portfolio for Mortgages Portfolio.
  •  Technical audits/Mystery valuation to be conducted every months across branches to ensure the valuation process is in line with the best standards and practices
  •  Interaction with various internal and external vendors like FCU agency, CIBIL, panel advocates/valuers, FI agency etc on regular basis to get feedback and market information to establish possible risk points, default trends and gaps in current policy and processes.
  •  Conducting audits at central operations shop to check if the branch credit and sales team are fully complaint on current processes and policies.


Required Qualifications And Experience

"

  •  Work Experience: Minimum 2-4 years
  •  Person with Technical and legal knowledge of property and various property transactions. Qualifications of BE civil/Bachelor of architecture. Construction management / MBA in Finance will be an added advantage.
  •  Exposure to property and project assessments / valuation: Candidates having work experience with reputed banks / HFCs will be an added advantage.
  •  Analytical skills
  •  Understanding of mortgage process and system"

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