Job Purpose & Requirements
- Manage Relationships of NPL clients with a view to exit at minimal loss.
- Manage team located at different location for managing NPL clients.
- Coordinate audits/ inspections by statutory auditors, internal auditors, and RBI for NPL accounts.
- Regulatory and internal reporting and all incidental issue relating to same.
- Manage various regulatory enhancement project as mandated by regulator from time to time
- Manage Law Enforcement agencies investigative requirements.
Key Accountabilities- Coordinating & communicating with clients as well as all internal communication. Undertaking regular monitoring of borrower accounts and maintaining an update on the developments in the respective borrower accounts.
- Initiating legal action under recovery laws. Liaison with the law firms representing DBS in various courts/Tribunals.
- Restructuring/settlement/liquidation of cases under IBC mechanism. Appraising restructuring proposals & scrutinizing relevant documents before proposing/seeking approval from credit, ensuring compliance with organizational credit policies
Job Duties & responsibilities- Adhere to the internal and regulatory risk management guidelines. Take control of all reporting requirements internal as well external.
- Develop Recovery Plan for accounts in the portfolio. Heighten portfolio monitoring to preserve the quality of our assets on a continuous basis. Identifying credit risks in restructured accounts and mechanisms to mitigate them. Regular monitoring of the portfolio to identify any risk due to latest events or change in industry dynamics.
- Ensure reviews are completed prior to due date and are error free.
- Ensure timely completion of all regulatory/internal compliance requirements
Required Experience
10 to 15 years of experience in Banking (preferably in SAM role).
Education / Preferred Qualifications
Professional qualification or post graduate degree, preferably in business, accountancy, economics, finance etc.
Technical Competencies- Sound knowledge of financial statement analysis and accounting policies/practices.
- Good knowledge of credit evaluation methods, tools & techniques
- Sound understanding of regulatory guidelines on credit issued by RBI (local regulations in India), Monetary Authority of Singapore and local laws and regulations that impact businesses in general.
- Basic knowledge of legal environment in India
Location:
Mumbai
Job:
Risk Management
Schedule:
Regular
Employee Status:
Full time
