Avp/Dvp Risk - Construction Finance

Roles & ResponsibilitiesEvaluation 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 disbursementPost disbursement monitoring. Tranche disbursements, monitoring NOC issuance, compliance to covenants etc Post disbursement regular monitoring of the projects funded.Subsequent tranche disbursementsIssuance of NOC to sell the units/ apartments. Manage a team of risk officers. Quarterly assessment of portfolio / projects with regards to projects Vs actual performanceKey Deliverables Portfolio quality measured by bounce instances and delinquencyTimely decision of proposalsMonitoring and managing portfolioKey Competencies Analytical skills – ability to take decision in limited data situationCredit appraisal of mid-size (5 to 30 Cr) loan proposalsUnderstanding of Real Estate Industry, builder/developers businessRegulations, legal intricacies and technical requirements of real estate developmentDesired Experience Experience of underwriting / risk management of construction finance, project finance field.Credit of construction Finance / Real Estate Finance Experience of 7-10 years.