Area Technical Manager Ranchi

Role overview

This position sits within the Risk, Management & Compliance function of Aditya Birla Finance Ltd. and supports technical evaluation, vendor oversight, audit work, project due diligence, and MIS reporting across the assigned zone. The role is responsible for maintaining technical standards, strengthening process controls, and ensuring timely updates across mortgage, home loan, construction finance, and approved project facility activities.

Basic details

Business: Financial Services

Unit: Aditya Birla Finance Ltd.

Location: Mumbai

Position title: Technical Manager

Reports to position title: Zonal Technical Manager

Function: Risk, Management & Compliance

Department: Risk & Legal & Collections

Employee designation: Area Legal Manager

Manager designation: Regional Legal Manager

JD updated on: 30 Jan 2023

Key responsibilities

The role covers policy support, vendor management, audit activities, construction finance reviews, mortgage and home loan technical checks, portfolio analysis, and zone-level MIS upkeep.

Policy and process

• Draft and revise city-specific process notes that reflect local deviations and the safeguards needed to manage them.
• Provide inputs for updates to technical policy, vendor management policy, and audit policy.

Vendor management

• Handle vendor empanelment for the assigned zones.
• Review vendors periodically for the respective zones.
• Track turnaround times and ensure timely follow-up.
• Respond to and resolve valuation-related queries raised by zonal teams.

Audit and hindsight review

• Conduct regular audits of vendors across the assigned zones.
• Perform monthly audit checks on sampled valuations and lease rentals for the relevant zones or locations.

Construction finance

• Visit construction finance project sites as required.
• Carry out due diligence on project approvals.
• Assess projects by reviewing approvals, project life cycle, cost break-ups, and techno-economic feasibility.
• Prepare initial project feasibility assessments for construction finance and debt syndication proposals.
• Evaluate construction finance projects and verify compliance with permissions and development control regulations set by authorities.
• Build project timelines and milestone tracking plans.
• Monitor project progress and end-use of funds on a periodic basis for all construction finance cases.
• Prepare quarterly progress reports for construction finance projects.

Mortgages, home loans, CFG and CMG

• Review and validate valuation reports submitted by valuation agencies.
• Create city-specific process notes to address local deviations and suggest workable solutions.
• Ensure technical compliance for the area in line with the defined process requirements.
• Track amendments in development control regulations and keep the business updated on changes affecting the real estate sector.

Approved project facility

• Collect project reports from valuation agencies.
• Maintain and circulate MIS for APF projects on a periodic basis.
• Monitor APF projects regularly and keep management informed about project progress.

Portfolio analysis

• Reassess the portfolio in line with the approved revaluation policy.
• Conduct monthly sampling and audit of valuation reports.
• Perform additional analysis as needed.

Database and MIS management

• Prepare monthly MIS for APF projects.
• Prepare half-yearly MIS for vendors.
• Prepare monthly MIS for Advance Disbursement Facility cases.
• Prepare half-yearly MIS for delays in disbursement of under-construction cases.
• Prepare quarterly MIS on progress for construction finance projects.

Additional information

Poornata position number: Not specified in the source.

Reports to Poornata position number: Not specified in the source.

Job purpose: A separate job purpose statement was referenced, but the source did not provide the actual wording.