Area Technical Manager - Gurgaon

Role overview

This role sits within the technical evaluation function supporting secured mortgage and real-estate-backed lending. The focus is on confirming that the underlying property is legally clear, technically sound, and suitable for funding. The role covers property valuation, compliance checks related to statutory approvals, and assessment of physical condition through approved valuers and the internal technical team.

The position supports multiple businesses within Aditya Birla Finance Limited, including Construction Finance, High Value Mortgage, Retail Mortgage, Home Loans including Affordable Housing, Corporate Finance Group, and any other division that deals with real-estate-linked financing.

Business and portfolio context

Aditya Birla Finance Limited operates as the lending arm of Aditya Birla Financial Services Group, with offerings across capital markets, corporate and trade finance, commercial real estate, and mortgages. The organization is positioned among the top NBFCs and has a broad presence across 18 cities. The role contributes to growth by helping ensure strong technical due diligence, efficient processing, and portfolio quality across secured lending products.

Property and transaction exposure

The role calls for working knowledge of multiple property types, including residential, commercial, industrial, warehouse, and special-use assets such as schools, hospitals, and hotels. Exposure to commercial real estate projects covering residential, commercial, retail, and mixed-use developments is also important.

It also requires familiarity with transaction types such as home loans for builder purchases, loan against property, lease rental discounting, and construction finance.

Key challenges

This position involves close coordination across functions to keep proposal approvals moving on time, staying current with market and economic changes, building detailed micro-market knowledge, monitoring valuation turnaround times, maintaining internal and external customer satisfaction, managing external vendors smoothly, and leading team efforts where required.

Key responsibilities

• Prepare and update city-specific process notes, including local deviations and suitable mitigants.
• Contribute to technical policy updates, vendor management policy changes, and audit policy revisions.
• Handle vendor empanelment for assigned zones and carry out periodic vendor reviews.
• Track turnaround times and resolve valuation-related queries from the zones.
• Conduct periodic audits of vendors and perform monthly sample audits of valuations and lease rentals.
• Visit construction finance projects and assess project approvals, compliance, and site progress.
• Evaluate projects in terms of lifecycle, cost structure, and techno-economic feasibility.
• Prepare primary feasibility inputs for construction finance and debt syndication proposals.
• Review construction finance project valuations and check compliance with permissions and development control regulations.
• Build project lifecycle plans and milestone schedules, and monitor progress along with end-use of funds.
• Prepare quarterly progress updates for construction finance projects.
• Check and validate valuation reports submitted by valuation agencies for mortgages, home loans, corporate mortgage group, and commercial mortgage group cases.
• Maintain city-specific process notes to address local deviations and suggest workable solutions.
• Ensure technical compliance for the region in line with internal process requirements.
• Track and incorporate amendments to development control regulations affecting the real estate sector.
• Obtain project reports from valuation agencies for approved project facility cases.
• Maintain and circulate MIS for APF projects and keep management updated on progress.
• Revalue portfolio cases as per the approved revaluation policy and support monthly sampling and audit of valuation reports.
• Prepare and manage MIS for zones, APF cases, vendors, advance disbursement facility cases, delay in disbursement for under-construction cases, and construction finance project progress.

Requirements

• Must be a Civil Engineer.
• Should have 8 to 10 years of professional experience.
• Experience should include a balanced mix of construction and valuation work.
• Prior valuation experience with banks or NBFCs is preferred.
• Strong analytical ability, sound judgment, attention to detail, initiative, target orientation, and market intelligence are essential.
• Ability to build and use a strong industry network is important.

Additional information

This role requires regular monitoring of process adherence, vendor performance, project progress, and valuation quality across multiple zones and business lines. The work also involves keeping abreast of economic shifts, industry trends, and regulatory changes relevant to real estate finance.

Key result areas

• Policy and process: create and review city-specific process notes and support technical, vendor management, and audit policy updates.
• Vendor management: empanel vendors, review them periodically, monitor turnaround time, and address valuation queries.
• Audit and hindsighting: conduct recurring vendor audits and monthly sampling of valuations and lease rentals.
• Construction finance: perform project visits, due diligence, feasibility analysis, regulatory checks, milestone planning, and progress monitoring.
• Mortgages, home loans, corporate mortgage group, and commercial mortgage group: validate valuation reports, ensure compliance, and update local technical notes.
• Approved project facility: collect project reports, maintain APF MIS, and report progress to management.
• Portfolio analysis: revalue portfolio cases, sample audit reports, and carry out any other required analysis.
• Database and MIS management: prepare and maintain MIS for zones, APF, vendors, advance disbursement facility cases, disbursement delays, and construction finance progress.