DBS Bank Hiring for Specialist, Risk Policy, Consumer Banking Job at India


  • Full Time
  • India

DBS Bank

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Position Title: Specialist, Collateral Risk Policy

Department: Credit Risk, India

Rank: Assoc/Sr. Assoc

Reports To: Team Lead, Collateral Risk Policy

Job Purpose:

  • To give effective support to credit & business in assessing correct value of the property coming in as security
  • To frame the Collateral policy framework, processes and workflow, assist in setting up the mortgages business in India.
  • To scrutinize Valuation reports by the emapnelled vendor.
  • Ensuring that quality of Bank’s exposure in India is acceptable at all time.
  • Provide guidance to the team on areas of Collateral policy and processes.

Key Accountabilities:

  • To roll-out the Collateral framework including policies, processes, controls, etc for launching the mortgages business in India.
  • To Monitoring & Maintain the new vendor Empanelment Process, Cost reduction analysis and TAT of Valuations
  • To ensure compliance with State specific laws and rules rolled out by competent authorities
  • In-depth knowledge of evaluation practices and policies adapted for residential and commercial properties. Strong experience in property appraisal
  • To ensure property valuation done by vendors are in line with Bank policy and requirement

Job Duties and Responsibilities:

  • Set up Collateral policy / processes for mortgages for respective State.
  • Scrutinising & assessing the property valuations and Technical Scrutiny Reports submitted by Branch Technical Managers on daily basis for their respective locations.
  • Identify shortcomings in valuation report and errors, if any in technical due diligence of the property.
  • Consider obsolescence or depreciation factors while determining property market value.
  • Develop a defined deviation matrix along with Technical Policies and Process notes
  • Suggest necessary corrections in policies and procedures time to time as per State specific bye laws to resolve property deviations / mitigate related issues within the team as well as with the external agencies
  • Manage Valuation vendor for their respective region
  • Ensure meticulous compliance with Bank’s internal Collateral Management policy as well as regulatory guidelines.
  • Ensure compliance with the benchmark Turnaround Time.

Experience:

6 to 10 years of experience in mortgages in Consumer Banking (preferably managing Residential and Commercial Properties).

Education/Preferred Qualifications:

Professional qualification, graduate or post graduate degree, preferably in Civil Engineering. along with sound domain knowledge of the mortgages properties and market.

Core Competencies:

  • Good analytical skills
  • Good presentation skills
  • Good interpersonal skills
  • Good knowledge of the industry

Technical Competencies:

  • Sound knowledge of Collateral policies & framework.
  • Good knowledge of technical due diligence process & evaluation methodologies to derive property valuation.
  • Sound understanding of regulatory guidelines on collateral valuation by RBI (local regulations in India), MAS and local laws and regulations that impact collateral valuation in general.
  • In depth knowledge of various type of properties & risks associated with them
  • Adequate local knowledge of bye-laws and rules applicable for different properties for cities in which he operates

Work Relationship:

Good working relationship with Consumer Banking Relationship team, Consumer Operations, other product teams, RBI inspectors, regulators and other external agencies.

Work Relationship:

Good working relationship with Consumer Banking Relationship team, Consumer Operations, other product teams, RBI inspectors, regulators and other external agencies.


Primary Location
: India-Andhra Pradesh-Vishakapatnam


Other Locations
: India


Job
: Risk Management


Schedule
: Regular


Employee Status
:

Full-time


:


Job Posting
: Apr 25, 2022, 3:57:15 AM

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