Technical Manager - Mortgage Valuation Group

Job description

Category Credit and Process Management Job level Entry - Level Industry Any Experience 1-4 Years Location Across India Essential Services : Role & Location fungibility At ICICI Bank, we believe in serving our customers beyond our role definition, product boundaries, and domain limitations through our philosophy of customer 360-degree. In essence, this captures our belief in serving the entire banking needs of our customers as One Bank, One Team .

To achieve this, employees at ICICI Bank are expected to be role and location-fungible with the understanding that Banking is an essential service . The role descriptions give you an overview of the responsibilities, it is only directional and guiding in nature. About the role As a Technical Officer/Manager, you are entrusted with the vital responsibility of making ICICI Bank a preferred bank for the customers. In this role at ICICI Bank, your key responsibilities will include evaluation of properties offered as collateral for loan applications and adherence to company policies & regulatory requirements.

This further includes conducting comprehensive assessment & evaluation of properties using suitable methodologies of valuation & study of micro markets and regulatory compliance to prevent frauds. As a Technical Officer/Manager, you are expected to stay updated on industry trends, regulatory changes, and best practices in the industry and recommend process improvement to enhance efficiency and effectiveness.

Key Responsibilities

Collateral Valuation Evaluate collateral offered by borrowers to secure loans, ensuring that it provides adequate security for the loan amount and complies with internal policies and regulatory guidelines. Scrutiny of title document during preparation of valuation report. Decision making Make sound decisions based on thorough analysis and risk assessment, balancing the organization’s objectives with prudent risk management practices.

Collaboration Candidate must foster collaborative and high-performance work environment. Mortgage Valuation Fair understanding on methodologies of valuation.

Qualifications & Skills

Educational Qualification B.E/B.Tech (Civil Engineering) or equivalent degree with relevant experience. Communication skills Good written and verbal communications skills to interact with internal and external customers. Few Success Factors Analytical Mindset Openness to collaborate Vigil on norms & regulations Customer-centric approach Orientation to business understanding . . . . About the Business Group Mortgage Valuation Group(MVG) of ICICI Bank plays a pivotal role in the overall business strategy.

Mortgage Valuation Group(MVG) caters to evaluation of properties in all loan requirements of the bank like mortgage loan, business loan, construction funding loans etc. Mortgage Valuation Group is crucial for bank for several reasons such as Risk Assessment & Fraud Management, Assessment of collateral cover, Economic Growth and Regulatory Compliance. Here are a few videos that you may want to go through on the products and services of the Bank.

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Frequently Asked Questions Show More Show Less Is understanding of Banking required to apply for this role? Certainly not. We invite applicants from across industry and experience. It is important to have the orientation for the role. What are the areas of mortgage valuation group will I be working on? ICICI Bank follows a 360 degree approach, at the stage of evaluation, we do a composite evaluation of all the needs of the customer ranging from personal to corporate banking needs.

Accordingly, role of Technical Officer/Manager is structured. Does this role involve sales? Every role at ICICI Bank requires a focus on serving our customers. The credit team works closely with the relationship teams to fulfil the credit requirements of customers. It also engages in 360-degree banking. The Bank also follows the "One Bank, One Team" philosophy. All the different teams and role holders come together to serve the customers within the guardrail of risk and compliance.

Can a fresher apply for the Technical Officer/Manager role? No, B.E/B.Tech (Civil Engineering) or equivalent degree with relevant experience. What are a few key principles adopted by the Bank? As we work towards our goal of becoming the bank of choice, considerable effort is being made to refine our product and service offerings.

Few focus areas are as follows

• Designing solutions that are Fair to Customer, Fair to Bank
• Focus on 360° Banking in line with customer needs
• Work within the guardrails of risk and compliance
• Best-in-class use of technology and digital solutions
• Focus on customer service What are some examples of credit products that ICICI Bank offers?

Our offerings include Home Loans, Car Loans, Gold Loans, Consumer Finance, Loans Against Securities, Working Capital, Overdraft and Business Banking loans. Many of these offerings are also available to customers through our digital platforms. Is this a team-handling role? The Credit Manager role is a team-handling role. It involves managing a team of Credit Managers and mentor the team to achieve the business objectives.

What is the selection process? Post receiving your application, we shall duly evaluate your profile against the job requirements. If shortlisted, we shall invite you for a personal interview to better understand your profile. Please update your profile at ICICI Careers for us to stay updated with your latest information. What is the next step after applying? While we duly evaluate your profile against the job requirements, we encourage you to keep your profile at ICICI Careers updated with the latest resume, photograph and complete the declaration.