SHAMEEK DEV

• Part of the Senior Management Team in Retail Lending Risk and in charge of proposing changes and improvements to the
• Collaborated with senior management to develop strategic initiatives and long term goals.
• Mortgage Valuation Policy and Processes of the bank
• Team Handling and Mentoring – Heading the team of 5 internal valuation team members looking after various zones for regional reviews and approvals for the erstwhile portfolio of Citibank which was taken over by Axis

ACHIEVEMENTS

• Proposed setting up a Collateral Risk function within Axis Bank Risk vertical to overlook and guide all the policy making process related to collateral management and loan acquisition
• The proposal is in final stages of approval
• Facilitating and managing a very smooth and effective transition of the appraisal unit within Citibank Risk to Axis Bank Risk without any attrition of the in-house staff
• No transition issues were encountered for the vendors involved either.

• As Head of the Appraisal function in Mortgage Credit Risk, Global Consumer Banking, I oversaw the entire collateral management for Mortgages and SME segments
• Resolved escalated customer disputes with special actions such as discounts.
• I supervised the zonal team members and helped resolve issues and disputes regarding appraisals across all 12 cities
• I also finalized all policies related to Collateral Management
• Team Handling and Mentoring – In addition to managing a team of 5-6 internal valuation team members looking after various zones, I also managed administrative backend team members (5 Nos) for data submission and vendor billing
• Developer and Project Approvals – I was responsible for review and approval of empanelment of developers and under construction projects across all cities including tracking delay in projects and recommending for watch-listing
• Additional Collateral Related Services - Preparing the HPI (housing price Index) data for 8 major cities to highlight Indian market trends to the global teams
• Calculating current market value of the loan book portfolio every 6 months.

• Pre-Sanction Appraisal of High Value Properties - Independent valuation of immovable properties above Rs 30 million (Residential, Commercial, and Industrial) taken as collateral in the mortgage process for North Zone comprising of the five circles – Delhi, Haryana, Punjab, UP and Rajasthan.
• Appointment of Appraisers and review of their performance -Appointing and reviewing performance of a team of 25 valuers of the entire north zone including regular discussions and feedbacks on valuations.
• Post mortgage audit of properties - Auditing of the property valuations for the entire north zone which included regular visit of all the locations within the zone and appraising the underwriting team of any adverse observations.
• Framing and implementing valuation policies – Initiated the process of framing the valuation manual which included policies and procedures for the valuations of the agri-business group based on location and case type.

ACHIEVEMENTS

• Being the first Technical Manager in the zone for this group, I brought in a lot of new processes in the valuation policy, which included mandatory visits to high-value properties and recommendation for proceeding with a case.
• The process of creation of valuation policies for my zone and the handling of valuers were taken over by me from the credit underwriting team. The valuers were thus made more independent from the loan generation process.

• Pre-Sanction Valuations – Conducting independent valuations of immovable properties (RRE, CRE and Industrial) at pre- sanction stage along with review of valuations provided by external appraisers for all departments of the bank.
• Market Research - Real estate research and analysis to prepare quarterly property price movement data (PPI) and business potential data (BPD). Preparation of Project Feasibility reports of upcoming real estate projects, which included SWOT analysis and recommended products and pricing based on extensive survey. Preparation of quarterly city reports of all major cities in the purview area which included price trends and recent real estate developments.
• Developer Under-Construction Market Appraisal – Review and approval of new developers and projects and quarterly review of progress of projects. Project Valuation Reports and analysis for Construction Finance of Projects.
• Large Team Handling - Coordinating and managing relationship with real estate appraisers including appointment, periodic feedbacks and annual review and renewal. Managing & handling a team of 4-5 in-house Technical Managers and Technical Executives across locations.
  ACHIEVEMENTS
• In Bhopal (2007-2010), I handled valuations and other assignments for the entire Madhya Pradesh Circle consisting of 4 major cities and multiple Agri & SME business zones when no other senior resource was available for assistance.
• Undertook some very high-profile valuations, feasibility studies and other non-core assignments for internal revenue generation as part of effective cost strategy in ICICI HFC and showed excellent results. We sometimes even competed with the bigger circles of Delhi NCR, Mumbai and Bangalore in terms of revenue generation.

• Structural Supervision Work
  Preparation of site drawings, checking of bar-bending schedules and approving construction programs for start of structure work. Checking and confirming the layout of the structure, the excavation levels and reinforcements in place prior to start of concreting. Supervision of the concreting process to check for any deficiencies.
• Quality Control Work for Highways and Structures
  ü Material Testing: Soil, GSB, WMM, CTAB, DBM and BC at the laboratory
  
• Calibration of Wet Mix plants, Concrete batching plants and Hot mix plants. Field Density and Surface Regularity
  Measurements
• Design of Mixes: Mix design of Cement Treated Aggregate Base, Concrete of grades M-15 to M-30 and PQC M-35. Design
  of Wet Mix Macadam (WMM) and Dry Lean Concrete (DLC) mixes. Job Mix for Dense Bituminous Macadam (DBM) and
  Bituminous Concrete (BC) mixes.
• Highway Supervision and Survey Works
  Cross checking of levels and density of Earthwork, WMM, Granular Sub-base (GSB) work and all asphalt work like DBM
  and BC. Setting out of curves and road alignment as per drawings, recording original ground levels and setting out
  benchmark and other levels for structures.
• Quantity Survey Works
  All round Quantity survey of roadwork (Earthwork to BC) and Structural work (Minor Bridges to Pipe Culverts) with
  specifications and rates as laid down in BOQ.

ACHIEVEMENTS

• In Malegaon, I was the first to arrive at the site along with the contractor and overlooked the entire site supervision work, right from setting out to final delivery. It was a most comprehensive experience for me and gave me the most in-depth knowledge of construction.
• In my final stint in the NE-1 at Anand, I was given responsibility of single handedly managing the supervision of one zone of 12.5 KM. Post final construction, the zone was adjudged as having the best quality of earthwork in the entire 2nd phase.