Associate, Technical Manager, Risk Management Group

Dbs

🇮🇳 India

On-site

Manager or above

5 months ago

Job description/Requirements- Documentation - Standardize the technical valuation reports to incorporate details such as Market value, Document value, Force sale / distress value, interiors valuation, Type of construction, Concerns on marketability and potential risks if any on property – demolition / proximity to railways or water source etc- Hind sight function – Technical valuation report verification on sample basis, on below parameters- Whether reports are in DBS format- Variation in reports for same area and same property across multiple vendors- Types of risk identification- Comments updation by technical vendor- Instances of report revision and reasons for the same- Turn around time tracking from date of technical report initiation and final technical report receipt- Property dedupe mechanism- Vendor management- Assess and appoint new technical vendors as per bank policy- Renew existing technical vendors basis internal review on performance- Track blacklisted technical firms to ensure that the partners / individuals are not engaged with DBS without explicit approval from DBS.- Maintain MIS for total of empanelled vendors and track dormant vendors, if any; further steps like de-empanelling to be done in suitable cases of dormant vendors.- Track changes in vendor firm composition and initiate necessary actions.- Feedback to vendors regarding end to end TAT management from technical verification initiation to final signed legal report submission.- Invoice processing of technical vendors within agreed time lines.- Work with DBS tech team for enhancing collateral management system for getting valuation details correctly updated- Advisory function- Business and credit team on technical verification process initiation both for fresh cases and top up cases.- Business teams on case specific issues basis remarks from external valuation vendors- Credit team on deviations in technical reports- Policy team on timely updation of Collateral policy- Track market updates using RESIDEX and other details.- Collections- Assist collections team in doing re-valuation of property for cases which became NPA- Coordinate with locations for repossessed property bidding and reserve price fixation- Fraud prevention- Enhance process to identify potential fraud cases at technical verification stageAdvise business and collections teams on next steps in case of identification of fraud-en

Location:

Regional Office Chennai

Job:

Programme Hire

Schedule:

Regular

Employee Status:

Full time

Associate, Technical Manager, Risk Management Group · Dbs

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