Job Description
ROLE SUMMARY
The role holder is responsible for ensuring mortgage creation for advances values over Rs.10 Crores and ensuring that a valid enforceable security is created in favour of the Bank
KEY RESPONSIBILITIES/ ACCOUNTABILITIES
Core Responsibilities
Obtain and check Title Search Report and valuation report
Ensuring valid mortgage is created in favour of Bank on the Immovable Assets offered as Security.
Ensuring that the Mortgage is created as per Title Search Report and all conditions stipulated
Co-ordinate with various internal stake holders
Provide detailed Post Mortgage Certification to the owner of the Accounts
Ensuring conduct of Legal Audit as per RBI Circular for all the eligible accounts and handling Audit Points.
Co-ordination and Providing Legal guidance in matters related to mortgage to various internal stake holders.
People Management or Self-Management
Responsibilities
Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are monitored and achieved during the course of the year.
Takes ownership of his/her own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training.
Understands the competencies relevant to his/her role, and works towards displaying as well as developing these effectively.
Keeps abreast of relevant professional/industry developments, new techniques and current issues through continued education and professional networks.
Risk and Internal Control
Responsibilities
Follows legal policy and processes to mitigate the operational, regulatory and audit risks as instructed by the departmental manager.
Executes the established internal control systems and compiles relevant information for departmental audits, as necessary.
Implements the risk policies and processes (operational, regulatory, financial, informational, reputational and audit risks), ensuring that that these meet regulatory and internal requirements
Implements the internal control systems in the department and participates in the departmental audits
Stays abreast of the State and Central Laws relating to mortgages and issue advisories to stakeholders .
Implements practices to bridge gaps identified during departmental audits
The role holder is responsible for ensuring mortgage creation for advances values over Rs.10 Crores and ensuring that a valid enforceable security is created in favour of the Bank
KEY RESPONSIBILITIES/ ACCOUNTABILITIES
Core Responsibilities
Obtain and check Title Search Report and valuation report
Ensuring valid mortgage is created in favour of Bank on the Immovable Assets offered as Security.
Ensuring that the Mortgage is created as per Title Search Report and all conditions stipulated
Co-ordinate with various internal stake holders
Provide detailed Post Mortgage Certification to the owner of the Accounts
Ensuring conduct of Legal Audit as per RBI Circular for all the eligible accounts and handling Audit Points.
Co-ordination and Providing Legal guidance in matters related to mortgage to various internal stake holders.
People Management or Self-Management
Responsibilities
Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are monitored and achieved during the course of the year.
Takes ownership of his/her own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training.
Understands the competencies relevant to his/her role, and works towards displaying as well as developing these effectively.
Keeps abreast of relevant professional/industry developments, new techniques and current issues through continued education and professional networks.
Risk and Internal Control
Responsibilities
Follows legal policy and processes to mitigate the operational, regulatory and audit risks as instructed by the departmental manager.
Executes the established internal control systems and compiles relevant information for departmental audits, as necessary.
Implements the risk policies and processes (operational, regulatory, financial, informational, reputational and audit risks), ensuring that that these meet regulatory and internal requirements
Implements the internal control systems in the department and participates in the departmental audits
Stays abreast of the State and Central Laws relating to mortgages and issue advisories to stakeholders .
Implements practices to bridge gaps identified during departmental audits
💡 Quick Summary
Seeking a career-building opportunity? The Senior Processor Mortgage Desk- Mumbai position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
