Job Description

Job Reference
* JR00102695



Job Summary
* Area Manager - Underwriting/Senior Area Manager - Underwriting


Job Purpose
\xe2\x80\x9cThis position is open with Bajaj Finance ltd.\xe2\x80\x9d


Job Duties & Key Responsibilities
* Duties and Responsibilities - "\xe2\x80\xa2 Designing processes and program for Mortgage portfolio \xe2\x80\xa2 Central Technical Monitoring and review framework for RM/D2C business. \xe2\x80\xa2 Conducting invisible monitoring too creating audit reports, and reporting to senior management. \xe2\x80\xa2 Understanding the complexities of Panchayat properties, its bye laws and acceptability of Panchayat properties. \xe2\x80\xa2 Analyzing location level collateral practices, bye-laws and property norms and deriving the location collateral policies. \xe2\x80\xa2 Risk management for property portfolio for Mortgages Portfolio. \xe2\x80\xa2 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 \xe2\x80\xa2 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. \xe2\x80\xa2 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
* "\xe2\x80\xa2 Work Experience: Minimum 2-4 years \xe2\x80\xa2 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. \xe2\x80\xa2 Exposure to property and project assessments / valuation: Candidates having work experience with reputed banks / HFCs will be an added advantage. \xe2\x80\xa2 Analytical skills \xe2\x80\xa2 Understanding of mortgage process and system"