is responsible for evaluating credit proposals related to real estate projects including residential, commercial, mixed-use, and land development. The role involves detailed assessment of project viability, cash flows, legal structure, approvals, and sponsor strength to support prudent lending and investment decisions.
Key ResponsibilitiesProject & Credit Evaluation
Analyze real estate project feasibility, cash flow waterfalls, and funding structures.
Review detailed project reports (DPR), cost estimates, construction schedules, and sales projections.
Evaluate developer background, track record, execution capability, and group exposure.
Assess funding structures including senior debt, mezzanine, structured debt, and equity.
Financial & Cash Flow Analysis
Build and review project-level cash flow models (construction drawdowns, sales inflows, IRR/DSCR).
Analyze sensitivity scenarios (sales velocity, pricing, cost overruns, delays).
Monitor escrow / RERA accounts and fund utilization.
Legal, Title & Approval Review (with Advisors)
Coordinate with legal counsel on title due diligence, JDA/DA structures, land ownership, and encumbrances.
Review approvals, licenses, zoning, environmental and RERA compliance.
Evaluate security packages: mortgage, charge on receivables, pledge of SPV shares, guarantees.
Risk Assessment & Structuring
Identify key project risks: approvals, execution, market absorption, cost escalation.
Recommend risk mitigants including cash flow control mechanisms, milestones, covenants, and exit strategies.
Structure repayment schedules aligned to project cash flows.
Credit Approval & Documentation
Prepare detailed credit notes, investment memos, and approval presentations.
Support credit committee discussions and address queries.
Ensure compliance with internal credit policy and regulatory norms.
Post-Disbursement Monitoring
Track construction progress, sales performance, and fund utilization.
Review monthly / quarterly project MIS and site progress reports.
Flag early warning signals and recommend corrective actions.
Qualifications & Experience
Bachelor's degree in Finance, Accounting, Engineering, or related field.
MBA (Finance), CA, CFA preferred.
2-7 years of experience in real estate credit, project finance, or structured lending.
Exposure to residential, commercial, LRD, or mixed-use projects.
Skills & Competencies
Strong understanding of real estate project economics.
Ability to interpret DPRs, construction budgets, and sales forecasts.
Advanced Excel-based financial modeling skills.
Working knowledge of RERA, land laws, and development structures.
Strong analytical, documentation, and stakeholder coordination skills.
Key Performance Indicators (KPIs)
Quality and robustness of credit appraisals.
Portfolio health and early risk identification.
Adherence to disbursement and monitoring timelines.
Compliance with credit policy and regulatory requirements.
Preferred Attributes
Experience in JDA / DA / SPV structures.
Familiarity with escrow mechanisms and cash flow-based lending.
Site visit and project monitoring exposure.
Knowledge of local real estate market dynamics.
Job Types: Full-time, Permanent
Pay: ?750,000.00 - ?900,000.00 per year
Ability to commute/relocate:
Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Required)
Education:
Bachelor's (Required)
Experience:
Risk analysis: 2 years (Required)
Credit analysis: 2 years (Required)
Language: