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PDU Executive-PERSONAL LOANS-Legal

  • Job
    Full-time
    Junior & Mid Level
  • Construction & Surveying
    Banking & Finance

AI generated summary

  • You should have a BE in Civil Engineering, be familiar with the location, and adhere to the bank's policies and processes.
  • You will visit mortgage properties, complete APF processes, prepare and verify valuation reports, coordinate with vendors, adhere to bank policies, and update on real estate trends.

Requirements

  • Educational qualification BE in Civil engineering.
  • Must be familiar with location.
  • Needs to adhere policies & processes of bank.

Responsibilities

  • Visit the properties being mortgage with KMBL for verticals of commercial & consumer banking.
  • Complete APF process for project like site visit, Builder meeting, Original documents verification.
  • Preparing valuation reports & APF reports for property visited, Vetting external reports, Verifying documents of properties, releasing valuation, putting up for deviation approval to respective authority & updating reports in LOS.
  • Initiation cases to external vendor, getting report in TAT, coordinate with Branch & vendor, Billing of vendor.
  • Needs to adhere policies & processes of bank.
  • Updating to sales/HO for current market trend in real estate.

FAQs

What is the primary role of a PDU Executive in Personal Loans at KMBL?

The primary role involves visiting properties being mortgaged, completing the APF process, preparing valuation reports, and coordinating with external vendors.

What educational qualifications are required for this position?

A BE in Civil Engineering is required for this position.

Is familiarity with the location necessary for this role?

Yes, candidates must be familiar with the location to perform their duties effectively.

What processes must a PDU Executive adhere to?

The PDU Executive must adhere to the policies and processes of the bank.

What type of reports does a PDU Executive prepare?

A PDU Executive prepares valuation reports, APF reports, and updates reports in the LOS.

How does the PDU Executive coordinate with external vendors?

The PDU Executive initiates cases to external vendors, gets reports within TAT, coordinates with the branch and vendor, and handles billing.

What additional responsibilities does a PDU Executive have regarding market trends?

They are expected to provide updates to sales/HO regarding current market trends in real estate.

What types of properties will the PDU Executive visit?

The PDU Executive will visit both commercial and consumer properties that are being mortgaged with KMBL.

Is site verification part of the PDU Executive's responsibilities?

Yes, site visits, builder meetings, and verification of original documents are part of the responsibilities.

What is the importance of vetting external reports in this role?

Vetting external reports ensures accuracy in valuations and compliance with bank policies before finalizing assessments.

Finance
Industry
10,001+
Employees

Mission & Purpose

Kotak Mahindra Bank is a leading Indian financial services conglomerate that offers a wide range of banking and financial products, including personal, corporate, and investment banking services. They provide solutions such as loans, savings accounts, insurance, asset management, and wealth management. Kotak Mahindra Bank’s ultimate mission is to drive growth by delivering innovative and customer-centric financial services while maintaining the highest standards of integrity and professionalism. Their purpose is to empower individuals, businesses, and institutions by offering tailored financial solutions that enhance their financial well-being and support economic progress.