Job Description

Job Reference

• JR00097575

Job Summary

• Area Manager - Underwriting/Senior Area Manager - Underwriting

Job Purpose

"This position is open with Bajaj Finance ltd."

Job Duties & Key Responsibilities

• 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"