Niraj Desarda
VP – Credit Risk | Real Estate Valuations | Collateral Risk | PropTech Innovator | AI for Collateral Risk & Valuations| HSBC | Ex-Yes Bank, ICICI Bank, L&T Finance | PGP NICMAR | MIT Civil Engg.
- Role
- Credit Risk - Collateral - Real Estate Valuations VP at HSBC
- Location
- Mumbai, MH, IN
- LinkedIn followers
- 500 followers
About Niraj Desarda
Collateral Risk and Real Estate Valuation leader with 10+ years of experience across…
Experience
Credit Risk - Collateral - Real Estate Valuations VP
Sep 2024 — Present · Mumbai, IN
Based at NESCO INDIA (HO), Mumbai, key responsibilities include:• Orchestrated real estate valuation and collateral framework for retail (HL, LAP), wealth, and commercial (CRE) mortgages business of HSBC Bank in India.• Formulated and executed a comprehensive collateral framework by partnering with cross functional teams to guarantee precision and effectiveness in valuation processes. Optimized procedures, leading to a 15% decrease in processing time through robust data driven decisioning and approvals.• Ensuring compliance to HSBC’s Global Risk Guidelines and Risk Appetite.• Approve/appraise individual high value cases, developers, and under-construction projects by engagingunderwriting / builder relationship team in review and recommendation of property valuations /onboarding / monitoring of developers and their under-construction projects.• Portfolio development for individual mortgage customers, develop, evolve, and implement caps and triggers for various under construction risks, portfolio concentration risks, etc.• Keeping abreast with Real Estate Market knowledge and market intelligence.• Digitization and review of end-to-end collateral management / ensuring robust collateral security perfection from valuations, legal, compliance and risk perspectives.• Review of NPA Revaluations, PPI based / desktop portfolio valuations.
Education
Modern College Of Arts, Commerce and Science
H.S.C., Science
2007 — 2009
MIT, Kothrud , Pune
Bachelor of Engineering (B.E.), Civil Engineering
2009 — 2013
NICMAR, Pune
PGP, Advanced Construction Management
2013 — 2015
Priyadarshani High School
S.S.C., General Studies
1994 — 2007
Skills
- Autocad
- Valuation
- Real Estate Valuation
- Contract Management
- Feasibility Studies
- Financial Modeling
- Microsoft Office
- Real Estate Financing
- Real Estate Economics
- Commercial Real Estate Analysis
- Real Estate Advisory Services
- Civil Engineering
- Revit
- Microsoft Project
- Analysis
- Business Development
- Primavera P6
- Project Planning
- Real Estate Development
- International Real Estate
- Teamwork
- Team Management
- Project Appraisal
- Project Estimation
- Project Management
- Commercial Real Estate Consulting
- Mortgage Underwriting
- Dcf Valuation
- Research
- Commercial Real Estate
- Real Estate Transactions
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