AVP/DVP Risk - Construction Finance

Roles & Responsibilities

• Evaluation and assessment of construction finance proposals originated by business team. This would involve evaluating the cash flows, real estate project viability, legal & technical aspects of the project. Visiting developers & project sites along with business team.
• Co-ordinating with inhouse legal & technical teams to assess the project viability.
• To appraise the data & do detailed due diligence of the proposal.
• Evaluate CAM, project cash flows.
• Post evaluation recommend the construction finance proposals to approving authority.
• To evaluate pre disbursement conditions before disbursement
• Post disbursement monitoring. Tranche disbursements, monitoring NOC issuance, compliance to covenants etc
• Post disbursement regular monitoring of the projects funded.
• Subsequent tranche disbursements
• Issuance of NOC to sell the units/ apartments.
• Manage a team of risk officers.
• Quarterly assessment of portfolio / projects with regards to projects Vs actual performance

Key Deliverables

• Portfolio quality measured by bounce instances and delinquency
• Timely decision of proposals
• Monitoring and managing portfolio

Key Competencies

• Analytical skills – ability to take decision in limited data situation
• Credit appraisal of mid-size (5 to 30 Cr) loan proposals
• Understanding of Real Estate Industry, builder/developers business
• Regulations, legal intricacies and technical requirements of real estate development

Desired Experience

• Experience of underwriting / risk management of construction finance, project finance field.
• Credit of construction Finance / Real Estate Finance
• Experience of 7-10 years.