About Navi
Navi is one of the fastest growing financial services companies in India providing Personal & Home Loans, Insurance and Mutual Funds with a digital first approach. At Navi, our mission is to build financial services that are simple, accessible and affordable.
Founders: Sachin Bansal & Ankit Agarwal
Know what makes you a “Navi_ite” :
1. Perseverance, Passion and Commitment
• Passionate about Navi’s mission and vision
• Demonstrates dedication, perseverance and high ownership
• Goes above and beyond by taking on additional responsibilities
2. Obsession with high quality results
• Consistently creates value for the customers and stakeholders through high quality outcomes
• Ensuring excellence in all aspects of work
• Efficiently manages time, prioritizes tasks, and achieves higher standards
3. Resilience and Adaptability
• Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility
Responsibilities:
● Management of valuations and collateral risk (legal and technical) for mortgage business, Collateral audits, Collateral evaluation process and validation of valuation and legal reports
● Scrutinize and initiate project approvals (APF) for the organization, timely monitoring and ensuring compliance on Collateral aspects within prescribed TAT
● Develop and manage business relationship with valuation & Legal agencies to get reports and other deliverables with prescribed TAT and cost
● Provide inputs in developing “Collateral Policy" and monitor the portfolio/ delinquencies related to Collateral aspects.
● Implement checks and process to control Fraud, build database and deduce for multiple funding or excess funding on properties and use market intelligence to identity any EWS
● Keep track of the development in real estate market and its impact upon lending parameters, property valuations and other financial implications
● Understand and analyze risks associated with property / project / market / developer and analyze exposure that can be taken.
● Coordinate with product team for digitizing and automating collateral sanctions
Requirements :
● The candidate should have experience in valuation background
● Preferably completed B.E. Civil / B. Tech Civil / Civil Engineering.
● Should Have knowledge about different geographies such as Bangalore, Hyderabad, Chennai and MMR
● Knowledge on Legal scrutiny related to property along with knowledge on compliance matters with respect to collateral in mortgage business would be an added advantage.