Associate, Technical Manager, Risk Management Group (Chennai)

Associate, Technical Manager, Risk Management Group (Chennai)

03 Aug
|
DBS Bank India
|
Chennai

03 Aug

DBS Bank India

Chennai

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 recent 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
- Tra

📌 Associate, Technical Manager, Risk Management Group (Chennai)
🏢 DBS Bank India
📍 Chennai

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