Bajaj FinservEmployer profile
Area Manager - Underwriting/Senior Area Manager - Underwriting
Location not specified · 2–4 yrs
Experience- 2–4 yrs
Salary- Not disclosed
Location- Location not specified
- Work mode
- Not specified
- Job type
- Full-time
Apply by- Closing date not listed
- Posted
- 13 Apr 10
About this role
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.
- 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"