About this role
Job Purpose
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.
Key Accounatbilities and Requirements
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Adopt a dynamic risk management approach to pro-actively monitor the collateral valuation trends for various types of properties in different locations where DBS has taken / proposes to take properties as security.
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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
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Scrutinise valuation reports on a sample basis and check for appropriateness of valuation being provided by empanelled valuers.
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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.
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Review profile of valuers and provide necessary recommendations for empanelment. Job Duties & responsibilities
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To have a sound knowledge of the valuation process and trends in terms of risks associated with various types of properties, geographies and products.
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To have a working knowledge of the general Legal / regulatory framework in which the bank operates in India and apply the same.
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To apply knowledge of RBI Regulations/ MAS Guidelines that govern collateral valuations, including the Loan Grading, Provisioning and Asset Classification regulations and to update Local credit / Lending Policies as applicable.
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To comply with regulatory, audit and statutory requirements and assist in inspections and audit (external and internal) inputs in all credit areas pertaining to collateral title and valuation.
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To compile Management MIS / reports for Credit Committee, other forums, as applicable
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Conduct risk forum with business partners and follow up with system/ process enhancement, where required, to ensure robust collateral valuation process in DBS India.
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Provide views on empanelment of valuer / valuation agencies and support for approval by approving authority
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Provide credit support to CRM with requisite clarifications with respect to deviations / observations on Collateral valuation report, whenever required.
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Approve valuation deviations / exceptions in line with collateral policy, when approve authority is delegated
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Participate in and contribute to designated projects to improve credit processes and systems as a representative of RMG-IBG 3 and 4, India.
Experience
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Non-Technical Experience
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Good interpersonal skills
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Good oral and written communication skills
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Technical Experience
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Relevant experience in financial institutions, preferably in SME / mortgage credit, with exposure in collateral valuation policy and processes
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Minimum No. of Years
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7-10 years of experience preferably in SME / mortgage credit, with exposure in collateral valuation policy and processes
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Education / Preferred Qualifications
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Diploma/ University Degree
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Work Relationship
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Possess results-driven capability to work with service partners, such as CCU, BSU, CRMs, to ensure a seamless process flow for collateral valuation
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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
Location
Vikhroli
Job:
Risk Management
Schedule:
Regular
Employee Status:
Full time