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