DBS Bank India | Vice President, Team Lead, Collateral Manager, Risk Management Group

Responsibilities

• Collateral Manager will be primarily responsible for the oversight & management of the valuation process of various types of properties undertaken as collateral securities, e.g. residential, commercial, industrial, etc. for two credit program portfolios under IBG 4- Credit Program (Small) and Credit Program (Medium) and for other programs in IBG 3 & 4 as necessary.
• Scrutinise valuation reports on a sample basis and check for appropriateness of valuation being provided by empanelled valuers.
• Review profile of valuers and provide necessary recommendations for empanelment.
• Conduct risk forum with business partners and follow up with system/ process enhancement, where required, to ensure robust collateral valuation process in DBS India.
• Provide views on empanelment of valuer / valuation agencies and support for approval by approving authority.
• Provide credit support to CRM with requisite clarifications with respect to deviations / observations on Collateral valuation report, whenever required.
• Participate in and contribute to designated projects to improve credit processes and systems as a representative of RMG-IBG 3 and 4, India.
• Keep a track of concentrations in type of collateral security or geography and highlight in case of any adverse changes in property rates in that area for corrective action
• Manage day to day valuation related issues and provide technical support for decision on exceptions / deviations pointed out by empanelled valuer by factoring in nuances and working with key stakeholders to ensure robust risk management of the collateral valuation related issues.
• Approve valuation deviations / exceptions in line with collateral policy, when approve authority is delegated

Requirements

• Good oral and written communication skills.
• Relevant experience in financial institutions, preferably in SME / mortgage credit, with exposure in collateral valuation policy and processes.
• 7-10 years of experience preferably in SME / mortgage credit, with exposure in collateral valuation policy and processes.
• Display a high degree of team spirit and professionalism, and able to co-operate in a harmonious and productive manner with superiors, peers, subordinates, internal customers and external service providers.
• Minimum No. of Years

DBS Bank India

DBS Bank India Limited is the Indian arm of DBS Group of Singapore, one of Asia's largest banks. DBS opened its first Indian office in Mumbai in 1994 and was among the first large foreign banks to operate in India as a wholly owned, locally incorporated subsidiary. After the amalgamation of Lakshmi Vilas Bank in November 2020, it serves customers through branches in around 19 states.

For finance professionals, DBS hires across consumer banking, institutional banking, treasury and markets, finance and controllership, risk, internal audit and compliance. CA, CFA and MBA (Finance) profiles suit its credit analysis, relationship management, regulatory reporting and audit roles.

• Industry: Banking
• Headquarters: Mumbai, India (parent: DBS Group, Singapore)
• In India: Branches across around 19 states, with large technology and operations hubs in Hyderabad and Chennai