Job Description

Job Category: Corporate
Degree Level: Bachelor's Degree
:
To manage collateral risk across the mortgage portfolio by ensuring continuous monitoring of collaterals onboarded, assess technical & legal deviations taken at approval stage. The role involves creation of collateral policies, establish market specific collateral processes and conduct hindsight of the cases.
Responsibilities:
Key Responsibilities:
Policy Development: Formulate and maintain collateral policies for diverse mortgage products, including Loan Against Property (LAP), Home Loans (HL), and Affordable HL/LAP.
Policy Review & Enhancement: Conduct periodic reviews of existing policies and recommend revisions based on portfolio performance and emerging trends.
Risk Assessment: Perform daily hindsight analysis at the case level for all approved and/or disbursed cases to ensure compliance and mitigate risk. Initiate market value audit process for disbursed cases and identify gaps, if any.
System Configuration: Ensure accurate configuration of collateral workflows within the system and propose necessary enhancements to optimize processes.
BRE Implementation: Implement collateral-related policy rules in the Business Rules Engine (BRE) to strengthen governance and controllership.
Risk Management Framework: Design and maintain a comprehensive risk management framework encompassing identification, assessment, mitigation, monitoring, and reporting of risks.
APF Management: Oversee Approved Project Finance (APF) policies and processes, and develop builder/project scorecards for effective evaluation.
Regulatory Compliance & Control: Assess products, programs, and policies to ensure alignment with regulatory guidelines, and establish robust risk controls across all functions, including Onboarding, Credit, Operations, Fraud, and Reputation Management.
Qualifications:
Job Requirements:
BE (Civil) / B.Arch / MBA (Construction or Project Management)
10-12 years of experience of managing collateral risk and/or collateral assessment in Banks/NBFCs/HFCs
Must have experience in handling legal evaluation in mortgage portfolio
Experience in implementing scorecard models in policy and credit decisioning process.
Experience in implementing BRE and rule-based underwriting and enabling automation of credit checks.

Skills Required