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.
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.
Job Requirements:
* BE (Civil) / B.Arch / MBA (Construction Finance or Project Management)
* 10-12 years of experience of managing collateral risk and/or collateral